Costamare Stock Price on April 11, 2024
| CMRE Stock | USD 15.07 0.21 1.41% |
Below is the normalized historical share price chart for Costamare extending back to November 04, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Costamare stands at 15.07, as last reported on the 28th of May, with the highest price reaching 15.29 and the lowest price hitting 14.88 during the day.
If you're considering investing in Costamare Stock, it is important to understand the factors that can impact its price. Costamare appears to be not too volatile, given 3 months investment horizon. Costamare secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% 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 makes use of Costamare's Downside Deviation of 1.57, risk adjusted performance of 0.1792, and Mean Deviation of 1.28 to double-check if our risk estimates are consistent with your expectations.
At present, Costamare's Stock Based Compensation is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 17.5 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 3.2 B. . At present, Costamare's Price To Free Cash Flows Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 0.55, whereas Price Earnings Ratio is forecasted to decline to 3.08. Costamare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of November 2010 | 200 Day MA 10.6669 | 50 Day MA 12.144 | Beta 1.321 |
Costamare |
Sharpe Ratio = 0.2728
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Costamare is performing at about 21% 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.
Price Book 0.5973 | Enterprise Value Ebitda 4.659 | Price Sales 0.9652 | Shares Float 37 M | Dividend Share 0.46 |
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Costamare Valuation on April 11, 2024
It is possible to determine the worth of Costamare on a given historical date. On April 11, 2024 Costamare was worth 11.24 at the beginning of the trading date compared to the closed value of 11.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Costamare 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 | |
| 11.05 | 11.29 | 10.92 | 11.06 | 383,153 | |
04/11/2024 | 11.24 | 11.50 | 11.24 | 11.25 | 355,257 |
| 11.35 | 11.36 | 10.89 | 10.89 | 220,242 |
| Backtest Costamare | | | Costamare History | | | Costamare Valuation | Previous | Next |
Costamare Trading Date Momentum on April 11, 2024
| On April 12 2024 Costamare was traded for 10.89 at the closing time. The top price for the day was 11.36 and the lowest listed price was 10.89 . The trading volume for the day was 220.2 K. The trading history from April 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.20% . The overall trading delta against the current closing price is 2.67% . |
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 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 120.3 M | 95.3 M | |
| Net Income Applicable To Common Shares | 602.5 M | 632.6 M |
Costamare Stock Technical Analysis
Costamare technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Costamare Period Price Range
Low | April 11, 2024
| High |
11.24 | 11.25 |
Costamare May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Costamare 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 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 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 | 0.1792 | |||
| Jensen Alpha | 0.4339 | |||
| Total Risk Alpha | 0.3711 | |||
| Sortino Ratio | 0.2803 | |||
| Treynor Ratio | 0.406 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Costamare 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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Is Costamare's industry 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 Costamare. If investors know Costamare 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 Costamare 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 (0.31) | Dividend Share 0.46 | Earnings Share 2.58 | Revenue Per Share 14.566 | Quarterly Revenue Growth 0.911 |
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare'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 Costamare's market value can be influenced by many factors that don't directly affect Costamare'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 Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare'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.