Castor Market Capitalization from 2010 to 2024

CTRM Stock  USD 3.57  0.07  2.00%   
Check Castor Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Castor main balance sheet or income statement drivers, such as Interest Income of 3.4 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 27.5 M, as well as many exotic indicators such as Short Term Coverage Ratios of 1.77, Price Earnings Ratio of 0.98 or Price To Sales Ratio of 0.44. Castor financial statements analysis is a perfect complement when working with Castor Maritime Valuation or Volatility modules.
  
This module can also supplement Castor Maritime's financial leverage analysis and stock options assessment as well as various Castor Maritime Technical models . Check out the analysis of Castor Maritime Correlation against competitors.
To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.

About Castor Maritime Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Castor Maritime income statement, its balance sheet, and the statement of cash flows. Castor Maritime investors use historical funamental indicators, such as Castor Maritime's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Castor Maritime investors may use each financial statement separately, they are all related. The changes in Castor Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Castor Maritime's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Castor Maritime Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Castor Maritime. Please read more on our technical analysis and fundamental analysis pages.
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.

Pair Trading with Castor Maritime

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Castor Maritime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Castor Maritime will appreciate offsetting losses from the drop in the long position's value.

Moving together with Castor Stock

  0.62SB-PD Safe BulkersPairCorr

Moving against Castor Stock

  0.49PANL Pangaea Logistic Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Castor Maritime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Castor Maritime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Castor Maritime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Castor Maritime to buy it.
The correlation of Castor Maritime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Castor Maritime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Castor Maritime moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Castor Maritime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Castor Maritime is a strong investment it is important to analyze Castor Maritime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Castor Maritime's future performance. For an informed investment choice regarding Castor Stock, refer to the following important reports:
Check out the analysis of Castor Maritime Correlation against competitors.
To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Castor Maritime's price analysis, check to measure Castor Maritime'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 Castor Maritime is operating at the current time. Most of Castor Maritime's value examination focuses on studying past and present price action to predict the probability of Castor Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Castor Maritime's price. Additionally, you may evaluate how the addition of Castor Maritime to your portfolios can decrease your overall portfolio volatility.
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Is Castor Maritime'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 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.
Quarterly Earnings Growth
(0.69)
Earnings Share
1
Revenue Per Share
10.189
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0158
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.