EuroDry Financials
| EDRY Stock | USD 14.10 0.31 2.15% |
Operating Margin 0.0893 | Profit Margin (0.04) | Short Ratio 0.19 | EPS Estimate Current Year (2.46) | EPS Estimate Current Quarter (0.23) |
EuroDry |
Understanding current and past EuroDry Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EuroDry's financial statements are interrelated, with each one affecting the others. For example, an increase in EuroDry's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in EuroDry's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of EuroDry. Check EuroDry's Beneish M Score to see the likelihood of EuroDry's management manipulating its earnings.
EuroDry Stock Summary
EuroDry competes with Star Bulk, TOP Ships, Seanergy Maritime, Performance Shipping, and United Maritime. 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.Specialization | Industrials, Marine Shipping |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | MHY235081079 |
| CUSIP | Y23508107 |
| Location | Greece |
| Business Address | 4 Messogiou Evropis |
| Sector | Marine Transportation |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.eurodry.gr |
| Phone | 30 211 18 04 005 |
| Currency | USD - US Dollar |
EuroDry Key Financial Ratios
| Return On Equity | -0.0246 | ||||
| Return On Asset | 0.0152 | ||||
| Number Of Shares Shorted | 793 | ||||
| Target Price | 26.67 | ||||
| Beta | 0.8 |
EuroDry Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EuroDry's current stock value. Our valuation model uses many indicators to compare EuroDry value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EuroDry competition to find correlations between indicators driving EuroDry's intrinsic value. More Info.EuroDry is rated below average in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EuroDry's earnings, one of the primary drivers of an investment's value.EuroDry Systematic Risk
EuroDry's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EuroDry volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on EuroDry correlated with the market. If Beta is less than 0 EuroDry generally moves in the opposite direction as compared to the market. If EuroDry Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EuroDry is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EuroDry is generally in the same direction as the market. If Beta > 1 EuroDry moves generally in the same direction as, but more than the movement of the benchmark.
EuroDry Thematic Clasifications
EuroDry is part of Transportation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Transportation | View |
EuroDry November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of EuroDry help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EuroDry. We use our internally-developed statistical techniques to arrive at the intrinsic value of EuroDry based on widely used predictive technical indicators. In general, we focus on analyzing EuroDry Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EuroDry's daily price indicators and compare them against related drivers.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 8.9 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 1.96 |
Additional 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.