Eurodry Competitors

EDRY -  USA Stock  

USD 17.00  1.31  7.15%

Eurodry competes with International Seaways; as well as few others. The company conducts business under Industrials sector and is part of Marine Shipping industry. Analyzing Eurodry competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Eurodry to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Eurodry competition on your existing holdings. Continue to Eurodry Correlation with its peers.

Eurodry Competition 

 
Refresh
Return on Average Assets is likely to drop to -0.06 in 2022. Return on Invested Capital is likely to drop to -0.02 in 2022. Eurodry Total Assets are fairly stable at the moment as compared to the past year. Eurodry reported Total Assets of 123.64 Million in 2021. Current Assets is likely to rise to about 8.4 M in 2022, whereas Return on Average Assets are likely to drop (0.06)  in 2022.
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eurodry's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Eurodry in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12.3617.3122.26
Details
Intrinsic
Valuation
LowReal ValueHigh
15.3024.5929.54
Details
Naive
Forecast
LowNext ValueHigh
11.7116.6621.62
Details
2 Analysts
Consensus
LowTarget PriceHigh
45.0047.5050.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eurodry. Your research has to be compared to or analyzed against Eurodry's peers to derive any actionable benefits. When done correctly, Eurodry's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Eurodry.

Eurodry Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Eurodry and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Eurodry and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Eurodry does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Eurodry Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Eurodry stock performing well and Eurodry company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Eurodry's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR
 1.66 (0.83)  0.00 (0.79)  0.00 (0.35)  0.00  2.93 (4.02)  12.30 
MSFT
 1.20  0.01  0.00 (0.06)  0.00  0.008  0.00  2.68 (2.91)  8.44 
UBER
 2.53 (0.21)  0.00 (0.17)  0.00 (0.09)  0.00  5.72 (4.97)  14.83 
F
 2.38  0.50  0.16  0.18  2.41  0.13 (2.90)  5.62 (3.80)  19.58 
T
 1.24  0.00  0.00 (0.07)  0.00  0.0185  0.00  2.74 (1.79)  8.47 
A
 1.21 (0.20)  0.00 (0.33)  0.00 (0.12)  0.00  1.96 (2.90)  7.81 
CRM
 1.64 (0.35)  0.00 (0.28)  0.00 (0.16)  0.00  2.27 (3.87)  16.15 
JPM
 1.06 (0.13)  0.00 (0.19)  0.00 (0.09)  0.00  2.12 (2.27)  9.94 
MRK
 1.16 (0.01)  0.00 (0.16)  0.00  0.0294  0.00  2.13 (2.83)  16.02 
XOM
 1.28  0.35  0.19  0.24  1.45  0.20 (1.31)  2.94 (2.60)  6.94 

Cross Equities Net Income Analysis

Compare Eurodry and related stocks such as International Seaways Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
INSW
(723.8 M)(723.8 M)(723.8 M)(119.1 M)(119.1 M)173.2 M(18.2 M)(106.1 M)(88.9 M)(830 K)(5.5 M)(6.4 M)(6.9 M)

Eurodry and related stocks such as International Seaways Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Eurodry financial statement analysis. It represents the amount of money remaining after all of Eurodry operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends Income Statement Impact.

Eurodry Competitive Analysis

The better you understand Eurodry competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Eurodry's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Eurodry's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
EDRY
INSW
 7.15 
 17.00 
 2.28 
 13.74 
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Eurodry Competition Performance Charts

Complement your Eurodry position

In addition to having Eurodry in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Steel Works Etc Thematic Idea Now

Steel Works Etc
Steel Works Etc Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Steel Works Etc theme has 61 constituents.
View All  Next Launch Steel Works Etc
Continue to Eurodry Correlation with its peers. Note that the Eurodry information on this page should be used as a complementary analysis to other Eurodry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Eurodry Stock analysis

When running Eurodry price analysis, check to measure Eurodry'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 Eurodry is operating at the current time. Most of Eurodry's value examination focuses on studying past and present price action to predict the probability of Eurodry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eurodry's price. Additionally, you may evaluate how the addition of Eurodry to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Is Eurodry's industry 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 Eurodry. If investors know Eurodry 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 Eurodry 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 Eurodry is measured differently than its book value, which is the value of Eurodry that is recorded on the company's balance sheet. Investors also form their own opinion of Eurodry's value that differs from its market value or its book value, called intrinsic value, which is Eurodry'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 Eurodry's market value can be influenced by many factors that don't directly affect Eurodry'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 Eurodry's value and its price as these two are different measures arrived at by different means. Investors typically determine Eurodry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eurodry'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.