Costamare Stock Price on February 2, 2024

CMRE Stock  USD 10.08  0.20  1.95%   
If you're considering investing in Costamare Stock, it is important to understand the factors that can impact its price. As of today, the current price of Costamare stands at 10.08, as last reported on the 26th of February, with the highest price reaching 10.47 and the lowest price hitting 10.08 during the day. Costamare secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22 % return per unit of risk over the last 3 months. Costamare exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Costamare's Mean Deviation of 1.3, risk adjusted performance of (0.16), and Standard Deviation of 1.85 to double-check the risk estimate we provide.
  
Costamare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2232

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Estimated Market Risk

 1.85
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Costamare is not performing at its full potential. However, 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 Costamare to a well-diversified portfolio.

Costamare Valuation on February 2, 2024

It is possible to determine the worth of Costamare on a given historical date. On February 2, 2024 Costamare was worth 10.24 at the beginning of the trading date compared to the closed value of 10.08. 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
  10.52    10.59    10.05    10.24    671,282  
02/02/2024
  10.24    10.24    10.00    10.08    410,363  
  10.04    10.09    9.87    10.01    398,018  
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Open Value
10.24
10.08
Closing Value
15.78
Upside

Costamare Trading Date Momentum on February 2, 2024

On February 05 2024 Costamare was traded for  10.01  at the closing time. The top price for the day was 10.09  and the lowest listed price was  9.87 . The trading volume for the day was 398 K. The trading history from February 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.69% . The overall trading delta against the current closing price is 7.74% .

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
Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. Costamare operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 2750 people.

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.
A focus of Costamare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Costamare trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Costamare Period Price Range

Low
February 26, 2025
0.00  NaN%
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 February 26, 2025 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.

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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