Castor Stock Performance

CTRM
 Stock
  

USD 1.33  0.01  0.75%   

The firm shows a Beta (market volatility) of 1.38, which signifies a somewhat significant risk relative to the market. Let's try to break down what Castor's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Castor Maritime will likely underperform. Even though it is essential to pay attention to Castor Maritime historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Castor Maritime exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Castor Maritime has an expected return of -0.4%. Please be advised to confirm Castor Maritime value at risk, as well as the relationship between the skewness and day median price to decide if Castor Maritime performance from the past will be repeated at some point in the near future.
  
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Castor Performance
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Over the last 90 days Castor Maritime has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's basic indicators remain relatively steady which may send shares a bit higher in August 2022. The new chaos may also be a sign of medium-term up-swing for the company stakeholders. ...more

Structure and Payout Changes

Last Split Factor
1:10
Last Split Date
2021-05-28

Castor Price Channel

Quick Ratio1.33
Fifty Two Week Low1.0000
Fifty Two Week High2.8800

Castor Maritime Relative Risk vs. Return Landscape

If you would invest  187.00  in Castor Maritime on April 3, 2022 and sell it today you would lose (54.00)  from holding Castor Maritime or give up 28.88% of portfolio value over 90 days. Castor Maritime is currently does not generate positive expected returns and assumes 5.4038% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of stocks are less volatile than Castor, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Castor Maritime is expected to under-perform the market. In addition to that, the company is 3.75 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

Castor Maritime Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Castor Maritime's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Castor Maritime, and traders can use it to determine the average amount a Castor Maritime's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0738

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Estimated Market Risk
 5.4
  actual daily
 
 46 %
of total potential
 
4646
Expected Return
 -0.4
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.07
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 0 %
of total potential
 
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Based on monthly moving average Castor Maritime is performing at about 0% of its full potential. 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 it to a well-diversified portfolio.

About Castor Maritime Performance

To evaluate Castor Maritime Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Castor Maritime generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Castor Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Castor Maritime stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Castor's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.11  0.12 
Return on Average Equity 0.14  0.15 
Return on Invested Capital 0.15  0.13 
Return on Sales 0.42  0.34 
The company operates through three segments Dry Bulk, AframaxLR2 Tanker, and Handysize Tanker. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus. Castor Maritime operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 1 people.

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 Alerts

Equity Alerts and Improvement Suggestions

Castor Maritime generated a negative expected return over the last 90 days
Castor Maritime has high historical volatility and very poor performance
Castor Maritime may become a speculative penny stock
Castor Maritime is unlikely to experience financial distress in the next 2 years
Latest headline from www.tradewindsnews.com: Streetwise Pyxis Tankers tells investors it is not a fan of dilutive shares deals - TradeWinds
Continue to Trending Equities. Note that the Castor Maritime information on this page should be used as a complementary analysis to other Castor Maritime'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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 YOY
9.74
Market Capitalization
126.8 M
Quarterly Revenue Growth YOY
6.84
Return On Assets
0.13
Return On Equity
0.26
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 Castor Maritime value 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.