Castor Maritime Stock Performance
| CTRM Stock | USD 3.56 0.01 0.28% |
The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Castor Maritime's returns are expected to increase less than the market. However, during the bear market, the loss of holding Castor Maritime is expected to be smaller as well. At this point, Castor Maritime has a negative expected return of -0.41%. Please make sure to confirm Castor Maritime's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Castor Maritime performance from the past will be repeated at some point in the near future.
Risk-Adjusted 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. In spite of weak performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 0.53 | Five Day Return 4.34 | Year To Date Return (26.81) | Ten Year Return (98.21) | All Time Return (98.21) |
Last Split Factor 1:10 | Last Split Date 2024-03-27 |
1 | Castor Maritime Inc. Announces Results of its 2024 Annual General Meeting of Shareholders | 09/09/2024 |
2 | ION Commodities enhances RightAngle S24 for liquid hydrocarbon market participants | 09/12/2024 |
3 | Castor Maritime Inc. Announces Delivery of the MV Raphaela | 10/07/2024 |
4 | Castor Maritime Inc. Announces Delivery of the MV Magic Ariel | 10/10/2024 |
5 | Castor Maritime Inc. Short Interest Up 100.0 percent in October | 10/28/2024 |
6 | Castor Maritime Inc. Reports Net Income of 2.8 Million for the Three Months Ended September 30, 2024 and Net income of 48.0 Million for the Nine Months Ended Se... | 11/07/2024 |
| Begin Period Cash Flow | 152.3 M |
Castor |
Castor Maritime Relative Risk vs. Return Landscape
If you would invest 469.00 in Castor Maritime on August 28, 2024 and sell it today you would lose (113.00) from holding Castor Maritime or give up 24.09% of portfolio value over 90 days. Castor Maritime is currently does not generate positive expected returns and assumes 2.0597% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% 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. Expected Return |
| Risk |
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 = -0.1985
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| Negative Returns | CTRM |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Castor Maritime 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 Castor Maritime by adding Castor Maritime to a well-diversified portfolio.
Castor Maritime Fundamentals Growth
Castor Stock prices reflect investors' perceptions of the future prospects and financial health of Castor Maritime, and Castor Maritime 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 Castor Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0162 | ||||
| Profit Margin | 0.96 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | (147.5 M) | ||||
| Shares Outstanding | 9.66 M | ||||
| Price To Earning | 1.51 X | ||||
| Price To Book | 0.07 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 97.52 M | ||||
| Gross Profit | 167.32 M | ||||
| EBITDA | 55.71 M | ||||
| Net Income | 21.3 M | ||||
| Cash And Equivalents | 133.89 M | ||||
| Cash Per Share | 1.41 X | ||||
| Total Debt | 132.94 M | ||||
| Debt To Equity | 0.32 % | ||||
| Current Ratio | 3.67 X | ||||
| Book Value Per Share | 52.35 X | ||||
| Cash Flow From Operations | 42.59 M | ||||
| Earnings Per Share | 3.72 X | ||||
| Market Capitalization | 34.4 M | ||||
| Total Asset | 605.04 M | ||||
| Retained Earnings | 194.72 M | ||||
| Working Capital | 213.67 M | ||||
| Current Asset | 7.72 M | ||||
| Current Liabilities | 3.7 M | ||||
About Castor Maritime Performance
By examining Castor Maritime's fundamental ratios, stakeholders can obtain critical insights into Castor Maritime's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Castor Maritime is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 5.17 | 4.91 | |
| Return On Tangible Assets | 0.06 | 0.07 | |
| Return On Capital Employed | 0.04 | 0.06 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.08 | 0.09 |
Things to note about Castor Maritime performance evaluation
Checking the ongoing alerts about Castor Maritime for important developments is a great way to find new opportunities for your next move. 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 generated a negative expected return over the last 90 days | |
| Latest headline from globenewswire.com: Castor Maritime Inc. Reports Net Income of 2.8 Million for the Three Months Ended September 30, 2024 and Net income of 48.0 Million for the Nine Months Ended September 30, 2024 |
- Analyzing Castor Maritime'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 Castor Maritime's stock is overvalued or undervalued compared to its peers.
- Examining Castor Maritime'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 Castor Maritime's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Castor Maritime's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Castor Maritime's stock. These opinions can provide insight into Castor Maritime's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Marine Transportation space 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 0.187 | Earnings Share 3.72 | Revenue Per Share 7.911 | Quarterly Revenue Growth (0.37) | Return On Assets 0.0162 |
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 if Castor Maritime is a good investment 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.