EuroDry Ownership
| EDRY Stock | USD 20.51 0.28 1.38% |
Shares in Circulation | First Issued 2017-06-30 | Previous Quarter 2.8 M | Current Value 2.8 M | Avarage Shares Outstanding 2.5 M | Quarterly Volatility 281.9 K |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
EuroDry |
EuroDry Stock Ownership Analysis
About 51.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. EuroDry recorded a loss per share of 1.05. The entity had not issued any dividends in recent years. EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. Eurodry is traded on NASDAQ Exchange in the United States. To learn more about EuroDry call the company at 30 211 18 04 005 or check out https://www.eurodry.gr.Besides selling stocks to institutional investors, EuroDry also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different EuroDry's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align EuroDry's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
EuroDry Quarterly Liabilities And Stockholders Equity |
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About 51.0% of EuroDry are currently held by insiders. Unlike EuroDry's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against EuroDry's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of EuroDry's insider trades
EuroDry Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as EuroDry is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EuroDry backward and forwards among themselves. EuroDry's institutional investor refers to the entity that pools money to purchase EuroDry's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wolff Wiese Magana Llc | 2023-12-31 | 0.0 | Ubs Group Ag | 2023-12-31 | 0.0 | Jpmorgan Chase & Co | 2023-12-31 | 0.0 | Renaissance Technologies Corp | 2023-12-31 | 45.9 K | Linden Thomas Advisory Services Llc | 2023-12-31 | 15.9 K | Citadel Advisors Llc | 2023-09-30 | 10.6 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.8 K | Acadian Asset Management Llc | 2023-12-31 | 2.7 K | U.s. Bancorp | 2023-12-31 | 402 | Goss Wealth Management Llc | 2023-12-31 | 300 | Archer Investment Corporation | 2023-12-31 | 20.0 |
EuroDry Corporate Filings
6K | 16th of February 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 11th of October 2023 Other Reports | ViewVerify | |
| 27th of July 2023 Other Reports | ViewVerify | |
| 14th of July 2023 Other Reports | ViewVerify |
Pair Trading with EuroDry
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 EuroDry 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 EuroDry will appreciate offsetting losses from the drop in the long position's value.Moving against EuroDry Stock
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| 0.44 | GRIN | Grindrod Shipping | PairCorr |
The ability to find closely correlated positions to EuroDry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EuroDry 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 EuroDry - 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 EuroDry to buy it.
The correlation of EuroDry 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 EuroDry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EuroDry 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 EuroDry 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EuroDry. 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. For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for EuroDry Stock analysis
When running EuroDry's price analysis, check to measure EuroDry'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 EuroDry is operating at the current time. Most of EuroDry's value examination focuses on studying past and present price action to predict the probability of EuroDry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuroDry's price. Additionally, you may evaluate how the addition of EuroDry to your portfolios can decrease your overall portfolio volatility.
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Is EuroDry'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 EuroDry. If investors know EuroDry 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 EuroDry 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 (0.94) | Earnings Share (1.05) | Revenue Per Share 17.224 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0032 |
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'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 EuroDry's value and its price as these two are different measures arrived at by different means. Investors typically determine if EuroDry is a good investment 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.