Costamare Preferred Stock Performance
| CMRE-PC Preferred Stock | USD 26.18 0.28 1.06% |
Costamare has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0305, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Costamare are expected to decrease at a much lower rate. During the bear market, Costamare is likely to outperform the market. Costamare right now shows a risk of 0.7%. Please confirm Costamare total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Costamare will be following its price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Costamare are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound fundamental indicators, Costamare is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 353.5 M |
Costamare |
Costamare Relative Risk vs. Return Landscape
If you would invest 2,565 in Costamare on August 13, 2024 and sell it today you would earn a total of 53.00 from holding Costamare or generate 2.07% return on investment over 90 days. Costamare is generating 0.0344% of daily returns and assumes 0.7025% volatility on return distribution over the 90 days horizon. Simply put, 6% of preferred stocks are less volatile than Costamare, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Costamare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Costamare's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Costamare, and traders can use it to determine the average amount a Costamare's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.049
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CMRE-PC |
Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Costamare is performing at about 3% 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 Fundamentals Growth
Costamare Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Costamare, and Costamare fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Costamare Preferred Stock performance.
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.0718 | ||||
| Profit Margin | 0.50 % | ||||
| Operating Margin | 0.48 % | ||||
| Current Valuation | 5.15 B | ||||
| Shares Outstanding | 111.43 M | ||||
| Price To Earning | 94.94 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 1.11 B | ||||
| EBITDA | 676.92 M | ||||
| Cash And Equivalents | 98.56 M | ||||
| Cash Per Share | 0.86 X | ||||
| Total Debt | 2.26 B | ||||
| Debt To Equity | 126.90 % | ||||
| Book Value Per Share | 17.68 X | ||||
| Cash Flow From Operations | 466.49 M | ||||
| Earnings Per Share | 3.72 X | ||||
| Total Asset | 4.9 B | ||||
About Costamare Performance
By analyzing Costamare's fundamental ratios, stakeholders can gain valuable insights into Costamare's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Costamare has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Costamare has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 27, 2019, it had a fleet of 78 containerships with a total capacity of approximately 548,000 twenty foot equivalent unit , including 73 vessels in the water, aggregating approximately 484,000 TEU and 5 new build vessels of 64,000 TEU. Costamare Inc operates under Integrated Shipping Logistics classification in USA and is traded on New York Stock Exchange. It employs 1680 people.Things to note about Costamare performance evaluation
Checking the ongoing alerts about Costamare for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Costamare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Costamare has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Costamare has accumulated 2.26 B in total debt with debt to equity ratio (D/E) of 126.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Costamare has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Costamare until it has trouble settling it off, either with new capital or with free cash flow. So, Costamare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Costamare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Costamare to invest in growth at high rates of return. When we think about Costamare's use of debt, we should always consider it together with cash and equity. |
- Analyzing Costamare's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Costamare's stock is overvalued or undervalued compared to its peers.
- Examining Costamare's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Costamare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Costamare's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Costamare's preferred stock. These opinions can provide insight into Costamare's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |