Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

Macroeconomics

<ul><li>Baltic Dry Index (BDI)* settled at around ~1,947.00 points (USD) on September 3rd, 2024 versus ~1,808.00 points (USD) on July 29th, 2024, which was the release date of our previous blog.</li><li>The Index has been comfortably trading and with upward tendency across the historic average price range of 1,000 – 2,000 for most of the period starting January 2023 and up until today.</li><li>Moreover, BDI surpassed the level of 2,000 in four notable occasions during the fourth quarter 2023, the first quarter 2024, the second quarter of 2024 as well as in July 2024, but all attempts were short-lived.</li></ul>

Baltic Dry Index (BDI)* settled at around ~1,947.00 points (USD) on September 3rd, 2024 versus ~1,808.00 points (USD) on July 29th, 2024, which was the release date of our previous blog.The Index has been comfortably trading and with upward tendency across the historic average price range of 1,000 – 2,000 for most of the period starting January 2023 and up until today.Moreover, BDI surpassed the level of 2,000 in four notable occasions during the fourth quarter 2023, the first quarter 2024, the second quarter of 2024 as well as in July 2024, but all attempts were short-lived.

BDI Close to Surpass Key Historical Trading Range

Thematic (Sector/Industry)

<ul>
<li>Baltic Dry Index (BDI)* settled at around ~1,808.00 points (USD) on July 29th, 2024 versus ~1,881.00 points (USD) on June 10th, 2024, which was the release date of our previous blog.</li>
<li>The Index has been comfortably trading and with upward tendency within the historic average price range of 1,000 – 2,000 for most of the period starting January 2023 and up until today.</li>
<li>BDI also surpassed the level of 2,000 in four notable occasions during the fourth quarter 2023, the first quarter 2024, the second quarter of 2024 as well as in July 2024, but all attempts were short-lived.</li>
</ul>


Baltic Dry Index (BDI)* settled at around ~1,808.00 points (USD) on July 29th, 2024 versus ~1,881.00 points (USD) on June 10th, 2024, which was the release date of our previous blog.
The Index has been comfortably trading and with upward tendency within the historic average price range of 1,000 – 2,000 for most of the period starting January 2023 and up until today.
BDI also surpassed the level of 2,000 in four notable occasions during the fourth quarter 2023, the first quarter 2024, the second quarter of 2024 as well as in July 2024, but all attempts were short-lived.


Normalization of Conditions Might Imply Lower Level for BDI

Norway

The Baltic Dry Index (replaces the Baltic Freight Index): A composite of the Baltic Capesize, Panamax, Handysize and Supramax indices. The index is designed as the successor to the Baltic Freight Index and was first published on January 4 1985 at 1000 points.Last day of trading yr - Christmas Eve

Baltic Dry Index (BDIY INDEX)

BDI Close to Surpass Key Historical Trading Range

Baltic Dry Index (BDI)* settled at around ~1,947.00 points (USD) on September 3rd, 2024 versus ~1,808.00 points (USD) on July 29th, 2024, which was...

VRS (Valuation & Research Specialists)

Normalization of Conditions Might Imply Lower Level for BDI

Baltic Dry Index (BDI)* settled at around ~1,808.00 points (USD) on July 29th, 2024 versus ~1,881.00 points (USD) on June 10th, 2024, which was the...

VRS (Valuation & Research Specialists)