Performance Shipping Stock Buy Hold or Sell Recommendation
| PSHG Stock | USD 1.68 0.03 1.75% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Performance Shipping is 'Sell'. Macroaxis provides Performance Shipping buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PSHG positions.
Check out Performance Shipping Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide. Note, we conduct extensive research on individual companies such as Performance and provide practical buy, sell, or hold advice based on investors' constraints. Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Performance |
Execute Performance Shipping Buy or Sell Advice
The Performance recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Performance Shipping. Macroaxis does not own or have any residual interests in Performance Shipping or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Performance Shipping's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Performance Shipping Trading Alerts and Improvement Suggestions
| Performance Shipping generated a negative expected return over the last 90 days | |
| Performance Shipping may become a speculative penny stock | |
| Performance Shipping is unlikely to experience financial distress in the next 2 years | |
| Latest headline from gurufocus.com: Performance Shipping Inc. Issues 2023 Sustainability Report |
Performance Shipping Returns Distribution Density
The distribution of Performance Shipping's historical returns is an attempt to chart the uncertainty of Performance Shipping's future price movements. The chart of the probability distribution of Performance Shipping daily returns describes the distribution of returns around its average expected value. We use Performance Shipping price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Performance Shipping returns is essential to provide solid investment advice for Performance Shipping.
| Mean Return | -0.16 | Value At Risk | -3.61 | Potential Upside | 2.70 | Standard Deviation | 2.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Performance Shipping historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Performance Stock Institutional Investors
| Shares | Renaissance Technologies Corp | 2024-09-30 | 101.7 K | Citadel Advisors Llc | 2024-09-30 | 61 K | Cable Car Capital Llc | 2024-09-30 | 53 K | Ubs Group Ag | 2024-09-30 | 19.7 K | Lpl Financial Corp | 2024-09-30 | 11 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 5 K | Weiss Asset Management Lp | 2024-06-30 | 0.0 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Hightower Advisors, Llc | 2024-06-30 | 0.0 | Privium Fund Management (uk) Ltd | 2024-09-30 | 0.0 |
Performance Shipping Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2.2M) | 866K | (2.3M) | 1.2M | 834K | 875.7K | |
| Change In Cash | 15.9M | (5.0M) | (11.8M) | 30.2M | 28.5M | 30.0M | |
| Free Cash Flow | (54.4M) | (50.4M) | (4.9M) | (111.7M) | 56.0M | 58.8M | |
| Depreciation | 783K | 5.8M | 7.5M | 9.3M | 14.8M | 10.3M | |
| Other Non Cash Items | 37.4M | 8.1M | 6.3M | (536K) | (18.5M) | (17.6M) | |
| Capital Expenditures | 50.2M | 63.6M | 1.8M | 145.6M | 11.9M | 11.3M | |
| Net Income | (32.1M) | 3.8M | (9.7M) | 36.3M | 69.4M | 72.9M | |
| End Period Cash Flow | 26.4M | 21.4M | 9.6M | 39.7M | 67.3M | 70.6M | |
| Net Borrowings | (106.1M) | 32.5M | 25.6M | (7.9M) | (9.1M) | (9.6M) | |
| Change To Netincome | 43.4M | 36.5M | 2.0M | (1.4M) | (1.2M) | (1.2M) | |
| Investments | (18.5M) | (40.1M) | (770K) | (113.0M) | (89.8M) | (85.3M) |
Performance Shipping Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Performance Shipping or Marine Transportation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Performance Shipping's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Performance stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 2.40 | |
Ir | Information ratio | -0.12 |
Performance Shipping Volatility Alert
Performance Shipping exhibits very low volatility with skewness of 1.11 and kurtosis of 4.76. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Performance Shipping's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Performance Shipping's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Performance Shipping Fundamentals Vs Peers
Comparing Performance Shipping's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Performance Shipping's direct or indirect competition across all of the common fundamentals between Performance Shipping and the related equities. This way, we can detect undervalued stocks with similar characteristics as Performance Shipping or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Performance Shipping's fundamental indicators could also be used in its relative valuation, which is a method of valuing Performance Shipping by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Performance Shipping to competition |
| Fundamentals | Performance Shipping | Peer Average |
| Return On Equity | 0.2 | -0.31 |
| Return On Asset | 0.0833 | -0.14 |
| Profit Margin | 0.52 % | (1.27) % |
| Operating Margin | 0.52 % | (5.51) % |
| Current Valuation | 681.27 K | 16.62 B |
| Shares Outstanding | 12.43 M | 571.82 M |
| Shares Owned By Insiders | 8.32 % | 10.09 % |
| Shares Owned By Institutions | 5.52 % | 39.21 % |
| Number Of Shares Shorted | 825.21 K | 4.71 M |
| Price To Book | 0.08 X | 9.51 X |
| Price To Sales | 0.23 X | 11.42 X |
| Revenue | 108.94 M | 9.43 B |
| Gross Profit | 46.48 M | 27.38 B |
| EBITDA | 93.8 M | 3.9 B |
| Net Income | 69.41 M | 570.98 M |
| Cash And Equivalents | 13.27 M | 2.7 B |
| Cash Per Share | 1.28 X | 5.01 X |
| Total Debt | 54.98 M | 5.32 B |
| Debt To Equity | 0.52 % | 48.70 % |
| Current Ratio | 1.62 X | 2.16 X |
| Book Value Per Share | 21.40 X | 1.93 K |
| Cash Flow From Operations | 67.95 M | 971.22 M |
| Short Ratio | 14.69 X | 4.00 X |
| Earnings Per Share | 1.53 X | 3.12 X |
| Price To Earnings To Growth | (0.34) X | 4.89 X |
| Target Price | 5.75 | |
| Number Of Employees | 209 | 18.84 K |
| Beta | 0.2 | -0.15 |
| Market Capitalization | 20.89 M | 19.03 B |
| Total Asset | 296.27 M | 29.47 B |
| Retained Earnings | (301.12 M) | 9.33 B |
| Working Capital | 64.57 M | 1.48 B |
| Net Asset | 296.27 M |
Note: Disposition of tradable shares by Peter Gyllenhammar Ab of Performance Shipping subject to Rule 16b-3 [view details]
Performance Shipping Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Performance . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Performance Shipping Buy or Sell Advice
When is the right time to buy or sell Performance Shipping? Buying financial instruments such as Performance Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Performance Shipping in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Electronics Thematic Idea Now
Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electronics Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Performance Shipping Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 Performance Shipping. If investors know Performance 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 Performance Shipping 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 0.179 | Earnings Share 1.53 | Revenue Per Share 7.294 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0833 |
The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping'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 Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping'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 Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping'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.