Castor Maritime Stock Alpha and Beta Analysis
| CTRM Stock | USD 3.30 0.07 2.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Castor Maritime. It also helps investors analyze the systematic and unsystematic risks associated with investing in Castor Maritime over a specified time horizon. Remember, high Castor Maritime's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Castor Maritime's market risk premium analysis include:
Beta 0.32 | Alpha (0.56) | Risk 3.13 | Sharpe Ratio (0.21) | Expected Return (0.65) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Castor |
Castor Maritime Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Castor Maritime market risk premium is the additional return an investor will receive from holding Castor Maritime long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Castor Maritime. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Castor Maritime's performance over market.| α | -0.56 | β | 0.32 |
Castor Maritime expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Castor Maritime's Buy-and-hold return. Our buy-and-hold chart shows how Castor Maritime performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Castor Maritime Market Price Analysis
Market price analysis indicators help investors to evaluate how Castor Maritime stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Castor Maritime shares will generate the highest return on investment. By understating and applying Castor Maritime stock market price indicators, traders can identify Castor Maritime position entry and exit signals to maximize returns.
Castor Maritime Return and Market Media
The median price of Castor Maritime for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 4.32 with a coefficient of variation of 11.81. The daily time series for the period is distributed with a sample standard deviation of 0.5, arithmetic mean of 4.23, and mean deviation of 0.42. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Castor Maritime Inc. Announces the Sales of the MV Magic Nova and the MV Magic Horizon for an Aggregate Price of 31.9 Million with an Aggregate Expected Net Gai... | 01/29/2024 |
2 | Castor Maritime Inc. Announces the Sale of the MV Magic Nebula for a Price of 16.2 Million with an Expected Net Gain of 2.5 Million | 02/22/2024 |
3 | Castor Maritime Inc. Announces the Completion of the Sale of the MV Magic Nova | 03/12/2024 |
4 | Castor Maritime announces 1-for-10 reverse stock split | 03/22/2024 |
5 | Bounce-Back Bargains 3 Oversold Stocks Ripe for a Short-Term Surge | 04/01/2024 |
6 | Castor Maritime regains compliance with Nasdaqs listing rule | 04/15/2024 |
7 | Castor Maritime finalizes sale of bulk carrier for 16.2 million | 04/18/2024 |
About Castor Maritime Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Castor or other stocks. Alpha measures the amount that position in Castor Maritime has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 2.06 | 0.0118 | 0.0135 | Price To Sales Ratio | 0.36 | 0.16 | 0.42 |
Castor Maritime Upcoming Company Events
As portrayed in its financial statements, the presentation of Castor Maritime's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Castor Maritime's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Castor Maritime's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Castor Maritime. Please utilize our Beneish M Score to check the likelihood of Castor Maritime's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Castor Maritime
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Castor Maritime Backtesting, Castor Maritime Valuation, Castor Maritime Correlation, Castor Maritime Hype Analysis, Castor Maritime Volatility, Castor Maritime History and analyze 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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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Castor Maritime technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.