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Castor Maritime (Castor Maritime) 6-Month Price Index : 1.18 (As of May. 16, 2024)


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What is Castor Maritime 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-16), Castor Maritime's 6-Month Price Index is 1.18.

Competitive Comparison of Castor Maritime's 6-Month Price Index

For the Marine Shipping subindustry, Castor Maritime's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Castor Maritime  (NAS:CTRM) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Castor Maritime  (NAS:CTRM) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Castor Maritime 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Castor Maritime's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Castor Maritime (Castor Maritime) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Castor Maritime Inc (NAS:CTRM) » Definitions » 6-Month Price Index
Comparable Companies
GLBS CACO EDRY PSHG NM USEA OP TOPS CISS TORO BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
1C1A:Germany
Address
223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, Limassol, CYP, 3036
Website
https://www.castormaritime.com
Castor Maritime Inc is a provider of seaborne transportation services for dry bulk cargo, including iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others. The firm operates under four reportable segments namely Dry bulk; Aframax/LR2 tanker; Handysize tanker and Container ship. It generates maximum revenue from the Dry bulk segment.