ZIM Stock Slips 13.3 percent in 6 Months Should You Buy the Dip or Wait?
| SBLK Stock | USD 19.31 0.54 2.88% |
About 55% of Star Bulk's institutional investors are presently thinking to get in. The current sentiment of investing in Star Bulk Carriers suggests that some traders are interested. Star Bulk's investing sentiment shows overall attitude of investors towards Star Bulk Carriers.
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Star Bulk Fundamental Analysis
We analyze Star Bulk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Star Bulk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Star Bulk 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Star Bulk is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Star Bulk Carriers 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 Star Bulk stock to make a market-neutral strategy. Peer analysis of Star Bulk could also be used in its relative valuation, which is a method of valuing Star Bulk by comparing valuation metrics with similar companies.
Peers
Star Bulk Related Equities
| CMRE | Costamare | 4.56 | ||||
| GNK | Genco Shipping | 4.06 | ||||
| ASC | Ardmore Shpng | 3.71 | ||||
| GOGL | Golden Ocean | 3.49 | ||||
| DSX | Diana Shipping | 1.99 | ||||
| GSL | Global Ship | 1.99 | ||||
| DAC | Danaos | 0.52 | ||||
| EGLE | Global X | 0.28 | ||||
| OP | Oceanpal | 14.29 |
Check out Star Bulk Hype Analysis, Star Bulk Correlation and Star Bulk Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is 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 Star Bulk. If investors know Star 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 Star Bulk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Star Bulk Carriers is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Bulk's value that differs from its market value or its book value, called intrinsic value, which is Star Bulk'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 Star Bulk's market value can be influenced by many factors that don't directly affect Star Bulk'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 Star Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Bulk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Bulk'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.