Costamare's market value is the price at which a share of Costamare trades on a public exchange. It measures the collective expectations of Costamare investors about its performance. Costamare is trading at 26.60 as of the 28th of March 2025, a 0.38 percent increase since the beginning of the trading day. The preferred stock's lowest day price was 26.5.
With this module, you can estimate the performance of a buy and hold strategy of Costamare and determine expected loss or profit from investing in Costamare over a given investment horizon. Check out Costamare Correlation, Costamare Volatility and Costamare Alpha and Beta module to complement your research on Costamare.
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.
Costamare 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Costamare's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Costamare.
0.00
12/28/2024
No Change 0.00
0.0
In 2 months and 31 days
03/28/2025
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If you would invest 0.00 in Costamare on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding Costamare or generate 0.0% return on investment in Costamare over 90 days. Costamare is related to or competes with Costamare, Global Ship, Diana Shipping, Costamare, Safe Bulkers, and Safe Bulkers. Costamare Inc. owns and charters containerships to liner companies worldwide More
Costamare Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Costamare's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Costamare upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Costamare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Costamare's standard deviation. In reality, there are many statistical measures that can use Costamare historical prices to predict the future Costamare's volatility.
At this point, Costamare is very steady. Costamare secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Costamare, which you can use to evaluate the volatility of the firm. Please confirm Costamare's Mean Deviation of 0.4711, risk adjusted performance of 0.1079, and Downside Deviation of 0.8491 to double-check if the risk estimate we provide is consistent with the expected return of 0.0861%. Costamare has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Costamare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Costamare is expected to be smaller as well. Costamare right now shows a risk of 0.72%. Please confirm Costamare treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Costamare will be following its price patterns.
Auto-correlation
-0.69
Very good reverse predictability
Costamare has very good reverse predictability. Overlapping area represents the amount of predictability between Costamare time series from 28th of December 2024 to 11th of February 2025 and 11th of February 2025 to 28th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Costamare price movement. The serial correlation of -0.69 indicates that around 69.0% of current Costamare price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.69
Spearman Rank Test
-0.32
Residual Average
0.0
Price Variance
0.04
Costamare lagged returns against current returns
Autocorrelation, which is Costamare preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Costamare's preferred stock expected returns. We can calculate the autocorrelation of Costamare returns to help us make a trade decision. For example, suppose you find that Costamare has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Costamare regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Costamare preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Costamare preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Costamare preferred stock over time.
Current vs Lagged Prices
Timeline
Costamare Lagged Returns
When evaluating Costamare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Costamare preferred stock have on its future price. Costamare autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Costamare autocorrelation shows the relationship between Costamare preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Costamare.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Costamare Preferred Stock
Costamare financial ratios help investors to determine whether Costamare Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Costamare with respect to the benefits of owning Costamare security.