Costamare bulks up with triple purchase
| CMRE Stock | USD 14.06 0.38 2.63% |
About 61% of Costamare's investor base is looking to short. The current sentiment of investing in Costamare suggests that many traders are alarmed. The current market sentiment, together with Costamare's historical and current headlines, can help investors time the market. In addition, many technical investors use Costamare stock news signals to limit their universe of possible portfolio assets.
Costamare |
Greek owner Costamare has continued its dry bulk fleet renewal, revealing a trio of purchases during the past quarter. The New York-listed company led by Konstantinos Konstantakopoulos has snapped up a pair of ultramaxes from German owner Oldendorff Carriers for an undisclosed price. Brokers have placed the en bloc deal at 50m. The 2014-built Alwine
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Costamare Fundamental Analysis
We analyze Costamare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Costamare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Costamare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
Costamare is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Costamare Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Costamare stock to make a market-neutral strategy. Peer analysis of Costamare could also be used in its relative valuation, which is a method of valuing Costamare by comparing valuation metrics with similar companies.
Peers
Costamare Related Equities
| EDRY | EuroDry | 0.00 |
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| KEX | Kirby | 0.38 |
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| DAC | Danaos | 0.89 |
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| GSL | Global Ship | 2.06 |
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| GNK | Genco Shipping | 2.39 |
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| NMM | Navios Maritime | 2.47 |
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| HSHP | Himalaya Shipping | 3.36 |
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| ASC | Ardmore Shpng | 3.49 |
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| ESEA | Euroseas | 6.74 |
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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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