China investment consensus cracks as politics fuel fears - Hellenic Shipping News Worldwide
| PSHG Stock | USD 1.64 0.02 1.20% |
Roughly 61% of Performance Shipping's investor base is looking to short. The current sentiment of investing in Performance Shipping suggests that many traders are alarmed. The current market sentiment, together with Performance Shipping's historical and current headlines, can help investors time the market. In addition, many technical investors use Performance Shipping stock news signals to limit their universe of possible portfolio assets.
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China investment consensus cracks as politics fuel fears Hellenic Shipping News Worldwide
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Performance Shipping Fundamental Analysis
We analyze Performance Shipping's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Performance Shipping using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Performance Shipping based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Performance Shipping is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Performance Shipping Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Performance Shipping stock to make a market-neutral strategy. Peer analysis of Performance Shipping could also be used in its relative valuation, which is a method of valuing Performance Shipping by comparing valuation metrics with similar companies.
Peers
Performance Shipping Related Equities
| GOGL | Golden Ocean | 4.47 | ||||
| SHIP | Seanergy Maritime | 2.00 | ||||
| GNK | Genco Shipping | 1.69 | ||||
| SBLK | Star Bulk | 1.68 | ||||
| TOPS | TOP Ships | 0.99 | ||||
| ESEA | Euroseas | 0.85 | ||||
| CTRM | Castor Maritime | 0.40 | ||||
| GLBS | Globus Maritime | 1.48 | ||||
| USEA | United Maritime | 1.64 | ||||
| OP | Oceanpal | 1.89 |
Complementary Tools for Performance Stock analysis
When running Performance Shipping's price analysis, check to measure Performance Shipping'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 Performance Shipping is operating at the current time. Most of Performance Shipping's value examination focuses on studying past and present price action to predict the probability of Performance Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Shipping's price. Additionally, you may evaluate how the addition of Performance Shipping to your portfolios can decrease your overall portfolio volatility.
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