Top Ships Stock Price on May 27, 2023
| TOPS Stock | USD 6.21 0.11 1.74% |
Below is the normalized historical share price chart for TOP Ships extending back to July 23, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TOP Ships stands at 6.21, as last reported on the 14th of December 2024, with the highest price reaching 6.37 and the lowest price hitting 6.15 during the day.
If you're considering investing in TOP Stock, it is important to understand the factors that can impact its price. TOP Ships owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of standard deviation over the last 3 months. TOP Ships exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOP Ships' risk adjusted performance of (0.09), and Variance of 5.68 to confirm the risk estimate we provide.
At this time, TOP Ships' Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 376.1 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 298.6 M in 2024. . At this time, TOP Ships' Price To Sales Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 1.02 in 2024, whereas Price Book Value Ratio is likely to drop 0.15 in 2024. TOP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of July 2004 | 200 Day MA 10.583 | 50 Day MA 8.1274 | Beta 1.74 |
TOP |
Sharpe Ratio = -0.1926
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TOPS |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TOP Ships is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TOP Ships by adding TOP Ships to a well-diversified portfolio.
Price Book 0.2033 | Enterprise Value Ebitda 11.068 | Price Sales 0.3425 | Shares Float 959.9 K | Wall Street Target Price 29 |
TOP Ships Valuation on May 27, 2023
It is possible to determine the worth of TOP Ships on a given historical date. On May 27, 2023 TOP was worth 8.99 at the beginning of the trading date compared to the closed value of 8.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TOP Ships stock. Still, in general, we apply an absolute valuation method to find TOP Ships' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TOP Ships where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TOP Ships' related companies.
| Open | High | Low | Close | Volume | |
| 9.21 | 9.30 | 8.54 | 8.68 | 305,426 | |
05/26/2023 | 8.99 | 8.99 | 8.51 | 8.76 | 166,671 |
| 8.64 | 8.94 | 8.64 | 8.68 | 144,316 |
| Backtest TOP Ships | | | TOP Ships History | | | TOP Ships Valuation | Previous | Next |
TOP Ships Trading Date Momentum on May 27, 2023
| On May 30 2023 TOP Ships was traded for 8.68 at the closing time. The top price for the day was 8.94 and the lowest listed price was 8.64 . The trading volume for the day was 144.3 K. The trading history from May 30, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.91% . The trading price change against the current closing price is 1.94% . |
TOP Ships Fundamentals Correlations and Trends
By evaluating TOP Ships' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TOP Ships' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TOP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TOP Ships Stock history
TOP Ships investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TOP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TOP Ships will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TOP Ships stock prices may prove useful in developing a viable investing in TOP Ships
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 M | 1.9 M | |
| Net Loss | -8.3 M | -7.9 M |
TOP Ships Stock Technical Analysis
TOP Ships technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
TOP Ships Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
TOP Ships cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
TOP Ships December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how TOP Ships stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TOP Ships shares will generate the highest return on investment. By undertsting and applying TOP Ships stock market strength indicators, traders can identify TOP Ships entry and exit signals to maximize returns
TOP Ships Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TOP Ships' price direction in advance. Along with the technical and fundamental analysis of TOP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TOP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.55) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for TOP Stock Analysis
When running TOP Ships' price analysis, check to measure TOP Ships' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TOP Ships is operating at the current time. Most of TOP Ships' value examination focuses on studying past and present price action to predict the probability of TOP Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Ships' price. Additionally, you may evaluate how the addition of TOP Ships to your portfolios can decrease your overall portfolio volatility.