Costamare Preferred Stock Performance
| CMRE-PC Preferred Stock | USD 25.65 0.08 0.31% |
The firm shows a Beta (market volatility) of -0.0197, 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. At this point, Costamare has a negative expected return of -0.0243%. Please make sure to confirm Costamare's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Costamare performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Costamare has generated negative risk-adjusted returns adding no value to investors with long positions. 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 2,608 in Costamare on August 31, 2024 and sell it today you would lose (43.00) from holding Costamare or give up 1.65% of portfolio value over 90 days. Costamare is generating negative expected returns and assumes 0.586% volatility on return distribution over the 90 days horizon. Simply put, 5% 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 = -0.0414
| 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
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 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 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 generated a negative expected return over the last 90 days | |
| 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.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |