Castor Maritime Stock Price Prediction
| CTRM Stock | USD 3.56 0.01 0.28% |
Oversold Vs Overbought
31
Oversold | Overbought |
Quarterly Earnings Growth 0.187 | Quarterly Revenue Growth (0.37) |
Using Castor Maritime hype-based prediction, you can estimate the value of Castor Maritime from the perspective of Castor Maritime response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Castor Maritime to buy its stock at a price that has no basis in reality. In that case, they are not buying Castor because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Castor Maritime after-hype prediction price | USD 3.56 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Castor |
Castor Maritime After-Hype Price Prediction Density Analysis
As far as predicting the price of Castor Maritime at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Castor Maritime or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Castor Maritime, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Castor Maritime Estimiated After-Hype Price Volatility
In the context of predicting Castor Maritime's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Castor Maritime's historical news coverage. Castor Maritime's after-hype downside and upside margins for the prediction period are 1.48 and 5.64, respectively. We have considered Castor Maritime's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Castor Maritime is slightly risky at this time. Analysis and calculation of next after-hype price of Castor Maritime is based on 3 months time horizon.
Castor Maritime Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Castor Maritime is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Castor Maritime backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Castor Maritime, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.41 | 2.06 | 0.00 | 0.01 | 6 Events / Month | 9 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.56 | 3.56 | 0.00 |
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Castor Maritime Hype Timeline
Castor Maritime is currently traded for 3.56. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Castor is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at -0.41%. %. The volatility of related hype on Castor Maritime is about 8926.67%, with the expected price after the next announcement by competition of 3.57. The company has price-to-book (P/B) ratio of 0.07. Some equities with similar Price to Book (P/B) outperform the market in the long run. Castor Maritime had not issued any dividends in recent years. The entity had 1:10 split on the 27th of March 2024. Given the investment horizon of 90 days the next projected press release will be in about 6 days. Check out Castor Maritime Basic Forecasting Models to cross-verify your projections.Castor Maritime Related Hype Analysis
Having access to credible news sources related to Castor Maritime's direct competition is more important than ever and may enhance your ability to predict Castor Maritime's future price movements. Getting to know how Castor Maritime's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Castor Maritime may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SHIP | Seanergy Maritime Holdings | (0.02) | 12 per month | 0.00 | (0.20) | 3.74 | (3.88) | 12.44 | |
| TOPS | TOP Ships | (0.36) | 5 per month | 0.00 | (0.13) | 5.29 | (2.95) | 10.00 | |
| USEA | United Maritime | 0.01 | 5 per month | 0.00 | (0.20) | 2.38 | (3.40) | 10.21 | |
| NAT | Nordic American Tankers | (0.02) | 8 per month | 0.00 | (0.22) | 2.43 | (3.17) | 7.60 | |
| GLBS | Globus Maritime | (0.01) | 9 per month | 2.65 | (0.03) | 7.57 | (4.79) | 18.26 | |
| SB | Safe Bulkers | 0.01 | 7 per month | 0.00 | (0.21) | 3.13 | (3.10) | 9.36 | |
| ESEA | Euroseas | 0.71 | 9 per month | 0.00 | (0.09) | 3.85 | (4.63) | 16.76 | |
| PSHG | Performance Shipping | (0.04) | 3 per month | 0.00 | (0.11) | 2.70 | (3.61) | 11.80 | |
| GNK | Genco Shipping Trading | 0.23 | 6 per month | 1.61 | (0.05) | 2.54 | (2.83) | 7.25 | |
| GOGL | Golden Ocean Group | 0.01 | 10 per month | 0.00 | (0.09) | 3.81 | (4.16) | 12.54 | |
| EGLE | Eagle Bulk Shipping | 0.00 | 0 per month | 0.00 | (0.10) | 3.14 | (3.92) | 10.32 | |
| SBLK | Star Bulk Carriers | (0.26) | 9 per month | 0.00 | (0.12) | 3.44 | (3.57) | 10.19 | |
| OP | Oceanpal | 0.04 | 5 per month | 0.00 | (0.12) | 3.33 | (5.71) | 15.48 |
Castor Maritime Additional Predictive Modules
Most predictive techniques to examine Castor price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Castor using various technical indicators. When you analyze Castor charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Castor Maritime Predictive Indicators
The successful prediction of Castor Maritime stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Castor Maritime, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Castor Maritime based on analysis of Castor Maritime hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Castor Maritime's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Castor Maritime's related companies. | 2021 | 2023 (projected) | Dividend Yield | 0.0118 | 0.0135 | Price To Sales Ratio | 0.36 | 0.42 |
Story Coverage note for Castor Maritime
The number of cover stories for Castor Maritime depends on current market conditions and Castor Maritime's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Castor Maritime is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Castor Maritime's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Castor Maritime Short Properties
Castor Maritime's future price predictability will typically decrease when Castor Maritime's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Castor Maritime often depends not only on the future outlook of the potential Castor Maritime's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Castor Maritime's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22 M | |
| Cash And Short Term Investments | 113.7 M |
Check out Castor Maritime Basic Forecasting Models to cross-verify your projections. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.