analysis of statistics

New York Mtge Trust (NASDAQ:NYMT) shares traded on -0.16% below secure line and closed at $6.1. The stock exchanged hands 987075 shares versus average trading capacity of 1.98 Million shares. It has a market cap of $1.13 Billion.

Wall Street analysts are predicting that New York Mtge Trust (NASDAQ:NYMT) will report earnings per share of $0.18 in their quarterly report. For the current quarter New York Mtge Trust (NASDAQ:NYMT) has high EPS estimates of $0.2 in contradiction of low EPS estimates of $0.14. However a year ago for the same quarter the company has reported $0.2 EPS. Average estimation for the current quarter has been provided by 7 analysts.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Earnings surprises can have a huge impact on a company’s stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Hence, it’s not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Previously New York Mtge Trust (NASDAQ:NYMT) reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $-0.13 with surprise factor of -86.7%.

New York Mtge Trust (NASDAQ:NYMT) has average revenue estimates of $28.02 Million, compared to low analyst estimates of $24.5 Million and high estimates of $30.35 Million for the current quarter. A total number of 6 analysts provided estimations over revenues. For the current year the company’s revenue estimates are $119.94 Million compared to low analyst estimates of $108.6 Million and high estimates of $130.61 Million according to the prediction of 6 analysts.

Taking a broader look at the analyst consensus, according to 6 analysts New York Mtge Trust (NASDAQ:NYMT)’s price will reach at $5.96 during 52 weeks. Its minimum price target estimates has been figured out at $5 while the maximum price target forecast is established at $6.75.

On the other hand New York Mtge Trust (NASDAQ:NYMT) has Relative Strength Index (RSI 14) of 45.97 along with Average True Range (ATR 14) of 0.06. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.

Consequently New York Mtge Trust (NASDAQ:NYMT)’s weekly and monthly volatility is 0.56%, 0.92% respectively.