Costamare Return On Capital Employed from 2010 to 2024
| CMRE Stock | USD 12.36 0.08 0.65% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.07504695 | Current Value 0.0875 | Quarterly Volatility 0.02051171 |
Check Costamare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Costamare main balance sheet or income statement drivers, such as Depreciation And Amortization of 115.9 M, Interest Expense of 89.9 M or Selling General Administrative of 12.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0545 or PTB Ratio of 0.55. Costamare financial statements analysis is a perfect complement when working with Costamare Valuation or Volatility modules.
Costamare | Return On Capital Employed |
Latest Costamare's Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of Costamare over the last few years. It is Costamare's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Costamare's overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
|
Return On Capital Employed |
| Timeline |
Costamare Return On Capital Employed Regression Statistics
| Arithmetic Mean | 0.08 | |
| Geometric Mean | 0.07 | |
| Coefficient Of Variation | 27.00 | |
| Mean Deviation | 0.01 | |
| Median | 0.08 | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0004 | |
| Range | 0.081 | |
| R-Value | (0.39) | |
| Mean Square Error | 0.0004 | |
| R-Squared | 0.15 | |
| Significance | 0.15 | |
| Slope | (0) | |
| Total Sum of Squares | 0.01 |
Costamare Return On Capital Employed History
About Costamare Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Costamare income statement, its balance sheet, and the statement of cash flows. Costamare investors use historical funamental indicators, such as Costamare's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Costamare investors may use each financial statement separately, they are all related. The changes in Costamare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Costamare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Costamare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Costamare. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.08 | 0.09 |
Pair Trading with Costamare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Costamare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Costamare will appreciate offsetting losses from the drop in the long position's value.Moving together with Costamare Stock
| 0.61 | SB | Safe Bulkers Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Costamare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Costamare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Costamare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Costamare to buy it.
The correlation of Costamare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Costamare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Costamare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Costamare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Costamare Correlation against competitors. For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 (0.47) | Dividend Share 0.46 | Earnings Share 2.95 | Revenue Per Share 12.564 | Quarterly Revenue Growth 0.864 |
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.