Eurodry Stock Buy Hold or Sell Recommendation

EDRY -  USA Stock  

USD 22.35  0.41  1.80%

Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Eurodry is 'Strong Buy'. Macroaxis provides Eurodry buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Eurodry positions. The advice algorithm takes into account all of Eurodry's available fundamental, technical, and predictive indicators you will find on this site.

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The advice is provided from Eurodry's buy-and-hold perspective. Continue to Eurodry Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Eurodry and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Eurodry.

Execute Eurodry Buy or Sell Advice

The Eurodry recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eurodry. Macroaxis does not own or have any residual interests in Eurodry or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eurodry's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell EurodryBuy Eurodry
Strong Buy

Volatility

Somewhat reliableDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Eurodry has a Risk Adjusted Performance of 0.1296, Jensen Alpha of 1.12, Total Risk Alpha of 0.8757, Sortino Ratio of 0.2086 and Treynor Ratio of 0.7415
Our investment recommendation module complements current analysts and expert consensus on Eurodry. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure Eurodry is not overpriced, please confirm all Eurodry fundamentals, including its total debt, and the relationship between the revenue and earnings per share . Given that Eurodry has a number of shares shorted of 7.68 K, we urge you to verify Eurodry market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Eurodry Trading Alerts and Improvement Suggestions

Eurodry is way too risky over 90 days horizon
Eurodry appears to be risky and price may revert if volatility continues
The company currently holds 51.83 M in liabilities with Debt to Equity (D/E) ratio of 1.02, which is about average as compared to similar companies. Eurodry has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
The entity reported the previous year's revenue of 22.29 M. Net Loss for the year was (7.45 M) with profit before overhead, payroll, taxes, and interest of 8.13 M.
Eurodry has a poor financial position based on the latest SEC disclosures
About 53.0% of Eurodry shares are held by company insiders
Latest headline from www.equities.com: EuroDry gains 5.86 percent on Moderate Volume July 29 - Equities.com

Eurodry current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eurodry analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Eurodry analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price32.50
Target Median Price32.50
Target High Price35.00
Number Of Analyst Opinions2
Target Low Price30.00
Average Consensus Strong Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Eurodry Returns Distribution Density

The distribution of Eurodry's historical returns is an attempt to chart the future uncertainty of Eurodry's future price movements. The chart of the probability distribution of Eurodry stock daily returns describes the distribution of returns around its average expected value. We use Eurodry price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eurodry returns is essential to provide solid investment advice for Eurodry stock.
Mean Return1.18Value At Risk-7.63
Potential Upside15.02Standard Deviation7.17
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eurodry historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Eurodry Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eurodry or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eurodry stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eurodry stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
1.12
β
Beta against DOW1.57
σ
Overall volatility
7.08
Ir
Information ratio 0.16

Eurodry Volatility Alert

Eurodry is displaying above-average volatility over the selected time horizon. Investors should scrutinize Eurodry independently to ensure intended market timing strategies are aligned with expectations about Eurodry volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eurodry's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eurodry's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Eurodry Fundamentals Vs Peers

Comparing Eurodry's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eurodry's direct or indirect competition across all of the common fundamentals between Eurodry and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eurodry or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eurodry's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eurodry by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Eurodry to competition
FundamentalsEurodryPeer Average
Return On Equity(10.98) %(0.31) %
Return On Asset(1.52) %(0.14) %
Profit Margin(26.37) %(1.27) %
Operating Margin(12.30) %(5.51) %
Current Valuation102.88 M16.62 B
Shares Outstanding2.35 M571.82 M
Shares Owned by Insiders53.37 %10.09 %
Shares Owned by Institutions9.99 %39.21 %
Number of Shares Shorted7.68 K4.71 M
Price to Earning7.54 X28.72 X
Price to Book1.52 X9.51 X
Price to Sales2.35 X11.42 X
Revenue22.29 M9.43 B
Gross Profit8.13 M27.38 B
EBITDA3.82 M3.9 B
Net Income(7.45 M)570.98 M
Cash and Equivalents938.28 K2.7 B
Cash per Share0.40 X5.01 X
Total Debt51.83 M5.32 B
Debt to Equity1.02 %48.70 %
Current Ratio0.31 X2.16 X
Book Value Per Share14.73 X1.93 K
Cash Flow from Operations2.33 M971.22 M
Short Ratio0.15 X4.00 X
Earnings Per Share(3.28) X3.12 X
Beta0.05-0.15
Market Capitalization52.48 M19.03 B
Total Asset124.11 M29.47 B
Retained Earnings(11.89 M)9.33 B
Working Capital(466.34 K)1.48 B
Current Asset10.03 M9.34 B
Current Liabilities10.5 M7.9 B
Z Score0.68.72

Eurodry Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eurodry . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution1291.5
Daily Balance Of Power(0.19)
Rate Of Daily Change0.98
Day Median Price23.07
Day Typical Price22.83
Market Facilitation Index1.0E-4
Price Action Indicator(0.92)

About Eurodry Buy or Sell Advice

When is the right time to buy or sell Eurodry? Buying financial instruments such as Eurodry Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Eurodry investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2018 2019 2020 2021 (projected)
Current Assets14.47 M9.58 M6.06 M7.88 M
Total Assets127.71 M117.69 M107.51 M118.77 M

Use Investing Ideas to Build Portfolios

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.

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Companies involved in money management and investment banking services. Investing theme has 30 constituents.
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Continue to Eurodry Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.

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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 underlying business (such as 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.