Castor Maritime Stock Price on June 3, 2021
| CTRM Stock | USD 3.44 0.07 1.99% |
Below is the normalized historical share price chart for Castor Maritime extending back to February 11, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Castor Maritime stands at 3.44, as last reported on the 19th of April, with the highest price reaching 3.65 and the lowest price hitting 3.40 during the day.
If you're considering investing in Castor Stock, it is important to understand the factors that can impact its price. Castor Maritime secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Castor Maritime exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Castor Maritime's Standard Deviation of 3.22, mean deviation of 2.34, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
At this time, Castor Maritime's Issuance Of Capital Stock is very stable compared to the past year. . As of the 19th of April 2024, Price To Sales Ratio is likely to drop to 0.40. In addition to that, Price Earnings Ratio is likely to drop to 1.00. Castor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of February 2019 | 200 Day MA 4.2322 | 50 Day MA 4.0508 | Beta 0.809 |
Castor |
Sharpe Ratio = -0.1368
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Castor Maritime is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Castor Maritime by adding Castor Maritime to a well-diversified portfolio.
Price Book 0.0777 | Enterprise Value Ebitda (0.37) | Price Sales 0.3676 | Shares Float 9.7 M | Earnings Share 1 |
Castor Maritime Valuation on June 3, 2021
It is possible to determine the worth of Castor Maritime on a given historical date. On June 3, 2021 Castor was worth 0.72 at the beginning of the trading date compared to the closed value of 7.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Castor Maritime stock. Still, in general, we apply an absolute valuation method to find Castor Maritime's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Castor Maritime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Castor Maritime's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 0.72 | 7.40 | 7.40 | 7.40 | 124,879 |
| 0.74 | 7.00 | 7.00 | 7.00 | 173,572 |
| Backtest Castor Maritime | | | Castor Maritime History | | | Castor Maritime Valuation | Next |
Castor Maritime Trading Date Momentum on June 3, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Castor Maritime Fundamentals Correlations and Trends
By evaluating Castor Maritime's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Castor Maritime's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Castor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Castor Maritime Stock history
Castor Maritime investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Castor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Castor Maritime will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Castor Maritime stock prices may prove useful in developing a viable investing in Castor Maritime
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22 M | 23.1 M | |
| Net Income Applicable To Common Shares | 136.3 M | 143.2 M |
Castor Maritime Quarterly Net Working Capital |
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Castor Maritime Stock Technical Analysis
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.
Price Boundaries
Castor Maritime Period Price Range
Low | April 4, 2022
| High |
0.72 | 7.40 |
Castor Maritime April 19, 2024 Market Strength
Market strength 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 undertsting and applying Castor Maritime stock market strength indicators, traders can identify Castor Maritime entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 10.28 | |||
| Day Median Price | 7.4 | |||
| Day Typical Price | 7.4 | |||
| Price Action Indicator | 3.34 | |||
| Period Momentum Indicator | (3.96) |
Castor Maritime Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Castor Maritime's price direction in advance. Along with the technical and fundamental analysis of Castor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Castor to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (1.43) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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.