Castor Maritime Stock Probability of Future Stock Price Finishing Over 7.50
| CTRM Stock | USD 3.44 0.07 1.99% |
Closest to current price Castor long CALL Option Payoff at Expiration
Castor |
Castor Maritime Target Price Odds to finish over 7.50
The tendency of Castor Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 7.50 or more in 90 days |
| 3.44 | 90 days | 7.50 | near 1 |
Based on a normal probability distribution, the odds of Castor Maritime to move over $ 7.50 or more in 90 days from now is near 1 (This Castor Maritime probability density function shows the probability of Castor Stock to fall within a particular range of prices over 90 days) . Probability of Castor Maritime price to stay between its current price of $ 3.44 and $ 7.50 at the end of the 90-day period is under 95 .
Given the investment horizon of 90 days Castor Maritime has a beta of 0.37 suggesting as returns on the market go up, Castor Maritime average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Castor Maritime will be expected to be much smaller as well. Additionally Castor Maritime has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Castor Maritime Price Density |
| Price |
Predictive Modules for Castor Maritime
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Castor Maritime. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Castor Maritime'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.
Castor Maritime Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Castor Maritime is not an exception. The market had few large corrections towards the Castor Maritime's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Castor Maritime, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Castor Maritime within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.56 | |
β | Beta against NYSE Composite | 0.37 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | -0.18 |
Castor Maritime Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Castor Maritime for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Castor Maritime can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Castor Maritime generated a negative expected return over the last 90 days | |
| Castor Maritime has high historical volatility and very poor performance | |
| Latest headline from investing.com: Castor Maritime finalizes sale of bulk carrier for 16.2 million |
Castor Maritime Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Castor Stock often depends not only on the future outlook of the current and potential Castor Maritime's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Castor Maritime's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22 M | |
| Cash And Short Term Investments | 113.7 M |
Castor Maritime Technical Analysis
Castor Maritime's future price can be derived by breaking down and analyzing its technical indicators over time. Castor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Castor Maritime. In general, you should focus on analyzing Castor Stock price patterns and their correlations with different microeconomic environments and drivers.
Castor Maritime Predictive Forecast Models
Castor Maritime's time-series forecasting models is one of many Castor Maritime's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This 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 stock market movement and maximize returns from investment trading.
Things to note about Castor Maritime
Checking the ongoing alerts about Castor Maritime for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Castor Maritime help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Castor Maritime generated a negative expected return over the last 90 days | |
| Castor Maritime has high historical volatility and very poor performance | |
| Latest headline from investing.com: Castor Maritime finalizes sale of bulk carrier for 16.2 million |
Check out Castor Maritime Backtesting, Castor Maritime Valuation, Castor Maritime Correlation, Castor Maritime Hype Analysis, Castor Maritime Volatility, Castor Maritime History as well as Castor Maritime Performance. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Castor Stock analysis
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.