Costamare Preferred Stock Price on January 31, 2024
| CMRE-PB Preferred Stock | USD 25.80 0.14 0.55% |
If you're considering investing in Costamare Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Costamare stands at 25.80, as last reported on the 29th of November, with the highest price reaching 25.92 and the lowest price hitting 25.80 during the day. At this point, Costamare is very steady. Costamare secures Sharpe Ratio (or Efficiency) of 0.0161, which signifies that the company had a 0.0161% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Costamare, which you can use to evaluate the volatility of the firm. Please confirm Costamare's Downside Deviation of 0.7255, mean deviation of 0.4006, and Risk Adjusted Performance of 0.0153 to double-check if the risk estimate we provide is consistent with the expected return of 0.0109%.
Costamare Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Costamare |
Sharpe Ratio = 0.0161
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| Negative Returns | CMRE-PB |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Costamare is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Costamare by adding it to a well-diversified portfolio.
Costamare Valuation on January 31, 2024
It is possible to determine the worth of Costamare on a given historical date. On January 31, 2024 Costamare was worth 23.9 at the beginning of the trading date compared to the closed value of 23.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Costamare preferred stock. Still, in general, we apply an absolute valuation method to find Costamare's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Costamare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Costamare's related companies.
| Open | High | Low | Close | Volume | |
| 23.97 | 23.97 | 23.90 | 23.90 | 310.00 | |
01/31/2024 | 23.90 | 23.90 | 23.90 | 23.90 | 1.00 |
| 24.04 | 24.11 | 24.04 | 24.11 | 402.00 |
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Costamare Trading Date Momentum on January 31, 2024
| On February 01 2024 Costamare was traded for 24.11 at the closing time. The highest price during the trading period was 24.11 and the lowest recorded bid was listed for 24.04 . The volume for the day was 402. This history from February 1, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.88% . The overall trading delta to the current price is 0.63% . |
Costamare Fundamentals Correlations and Trends
By evaluating Costamare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Costamare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Costamare financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Costamare Preferred Stock history
Costamare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Costamare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Costamare will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Costamare stock prices may prove useful in developing a viable investing in Costamare
Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 25, 2020, it had a fleet of 75 containerships with a total capacity of approximately 547,000 twenty foot equivalent unit, including 5 vessels under construction. Costamare Inc operates under Marine Shipping classification in the United States and is traded on NYQ Exchange. It employs 1700 people.
Costamare Preferred Stock Technical Analysis
Costamare technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
Price Boundaries
Costamare Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Costamare cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Costamare November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Costamare preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Costamare shares will generate the highest return on investment. By undertsting and applying Costamare preferred stock market strength indicators, traders can identify Costamare entry and exit signals to maximize returns
Costamare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Costamare's price direction in advance. Along with the technical and fundamental analysis of Costamare Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Costamare to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0153 | |||
| Jensen Alpha | 0.0041 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 1.29 |
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Complementary Tools for Costamare Preferred Stock analysis
When running Costamare's price analysis, check to measure Costamare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Costamare is operating at the current time. Most of Costamare's value examination focuses on studying past and present price action to predict the probability of Costamare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costamare's price. Additionally, you may evaluate how the addition of Costamare to your portfolios can decrease your overall portfolio volatility.
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