Castor Maritime Stock Analysis

Castor Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.05. Some equities with similar Price to Book (P/B) outperform the market in the long run. Castor Maritime had not issued any dividends in recent years. The entity had 1:10 split on the 27th of March 2024. The company operates through three segments Dry Bulk, AframaxLR2 Tanker, and Handysize Tanker. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus. Castor Maritime operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 1 people. For more info on Castor Maritime please contact the company at 357 2 5357767 or go to https://www.castormaritime.com.

Castor Maritime Investment Alerts

Castor Maritime Upcoming and Recent Events

Castor Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 24.35 M.

Castor Profitablity

The company has Profit Margin (PM) of 0.96 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Technical Drivers

As of the 22nd of March, Castor Maritime shows the Standard Deviation of 2.59, risk adjusted performance of (0.04), and Mean Deviation of 1.89. Castor Maritime technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Castor Maritime market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Castor Maritime is priced correctly, providing market reflects its regular price of 2.56 per share. Please also double-check Castor Maritime jensen alpha, which is currently at (0.11) to validate the company can sustain itself at a future point.

Castor Maritime Price Movement Analysis

Castor Maritime Outstanding Bonds

Castor Maritime Predictive Daily Indicators

Castor Maritime Forecast Models

Castor Maritime's time-series forecasting models are one of many Castor Maritime's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Castor Maritime's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Castor Maritime prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Castor shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Castor Maritime. By using and applying Castor Stock analysis, traders can create a robust methodology for identifying Castor entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Castor Maritime. If investors know Castor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Castor Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Castor Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Castor Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.