Performance Shipping Inc. Highlights Companys Platform for Growth and Shareholder Value Creation
| PSHG Stock | USD 1.59 0.02 1.24% |
Roughly 62% of Performance Shipping's investor base is looking to short. The current sentiment of investing in Performance Shipping suggests that many traders are alarmed. The current market sentiment, together with Performance Shipping's historical and current headlines, can help investors time the market. In addition, many technical investors use Performance Shipping stock news signals to limit their universe of possible portfolio assets.
Performance |
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Performance Shipping Fundamental Analysis
We analyze Performance Shipping's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Performance Shipping using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Performance Shipping based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Performance Shipping is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Performance Shipping Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Performance Shipping stock to make a market-neutral strategy. Peer analysis of Performance Shipping could also be used in its relative valuation, which is a method of valuing Performance Shipping by comparing valuation metrics with similar companies.
Peers
Performance Shipping Related Equities
| ESEA | Euroseas | 5.42 | ||||
| SBLK | Star Bulk | 0.71 | ||||
| USEA | United Maritime | 0.55 | ||||
| SHIP | Seanergy Maritime | 0.44 | ||||
| TOPS | TOP Ships | 0.17 | ||||
| GNK | Genco Shipping | 0.56 | ||||
| GOGL | Golden Ocean | 1.52 | ||||
| GLBS | Globus Maritime | 1.52 | ||||
| CTRM | Castor Maritime | 2.42 | ||||
| OP | Oceanpal | 2.78 |
Complementary Tools for Performance Stock analysis
When running Performance Shipping's price analysis, check to measure Performance Shipping's 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 Performance Shipping is operating at the current time. Most of Performance Shipping's value examination focuses on studying past and present price action to predict the probability of Performance Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Shipping's price. Additionally, you may evaluate how the addition of Performance Shipping to your portfolios can decrease your overall portfolio volatility.
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