EURODRY (Germany) Performance
| 0LQ Stock | EUR 13.00 0.60 4.41% |
The firm shows a Beta (market volatility) of -0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EURODRY are expected to decrease at a much lower rate. During the bear market, EURODRY is likely to outperform the market. At this point, EURODRY LTD DL has a negative expected return of -0.48%. Please make sure to confirm EURODRY's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if EURODRY LTD DL performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days EURODRY LTD DL has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
EURODRY |
EURODRY Relative Risk vs. Return Landscape
If you would invest 1,810 in EURODRY LTD DL on August 26, 2024 and sell it today you would lose (510.00) from holding EURODRY LTD DL or give up 28.18% of portfolio value over 90 days. EURODRY LTD DL is currently producing negative expected returns and takes up 2.1575% volatility of returns over 90 trading days. Put another way, 19% of traded stocks are less volatile than EURODRY, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
EURODRY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EURODRY's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EURODRY LTD DL, and traders can use it to determine the average amount a EURODRY'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 = -0.2246
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EURODRY 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 EURODRY by adding EURODRY to a well-diversified portfolio.
EURODRY Fundamentals Growth
EURODRY Stock prices reflect investors' perceptions of the future prospects and financial health of EURODRY, and EURODRY fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on EURODRY Stock performance.
| Return On Equity | 0.47 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.56 % | |||
| Operating Margin | 0.54 % | |||
| Shares Outstanding | 2.88 M | |||
| Revenue | 77.39 M | |||
| EBITDA | 52.03 M | |||
| Cash And Equivalents | 938.28 K | |||
| Cash Per Share | 0.40 X | |||
| Total Debt | 51.51 M | |||
| Debt To Equity | 1.02 % | |||
| Book Value Per Share | 37.52 X | |||
| Cash Flow From Operations | 2.33 M | |||
| Earnings Per Share | 14.09 X | |||
About EURODRY Performance
By analyzing EURODRY's fundamental ratios, stakeholders can gain valuable insights into EURODRY's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EURODRY has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if EURODRY has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was founded in 2018 and is based in Maroussi, Greece. EURODRY is traded on Frankfurt Stock Exchange in Germany.Things to note about EURODRY LTD DL performance evaluation
Checking the ongoing alerts about EURODRY for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EURODRY LTD DL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EURODRY LTD DL generated a negative expected return over the last 90 days | |
| EURODRY LTD DL has high likelihood to experience some financial distress in the next 2 years | |
| EURODRY LTD DL has accumulated 51.51 M in total debt with debt to equity ratio (D/E) of 1.02, which is about average as compared to similar companies. EURODRY LTD DL has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist EURODRY until it has trouble settling it off, either with new capital or with free cash flow. So, EURODRY's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EURODRY LTD DL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EURODRY to invest in growth at high rates of return. When we think about EURODRY's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 77.39 M. Net Loss for the year was (7.45 M) with profit before overhead, payroll, taxes, and interest of 51.54 M. | |
| About 47.0% of EURODRY shares are owned by insiders or employees |
- Analyzing EURODRY's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether EURODRY's stock is overvalued or undervalued compared to its peers.
- Examining EURODRY's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating EURODRY's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EURODRY's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EURODRY's stock. These opinions can provide insight into EURODRY's potential for growth and whether the stock is currently undervalued or overvalued.
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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