Costamare Stock Alpha and Beta Analysis
| CMRE Stock | USD 14.29 0.23 1.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Costamare. It also helps investors analyze the systematic and unsystematic risks associated with investing in Costamare over a specified time horizon. Remember, high Costamare's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Costamare's market risk premium analysis include:
Beta 0.68 | Alpha 0.0237 | Risk 2.08 | Sharpe Ratio 0.0349 | Expected Return 0.0727 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Costamare |
Costamare Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Costamare market risk premium is the additional return an investor will receive from holding Costamare long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Costamare. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Costamare's performance over market.| α | 0.02 | β | 0.68 |
Costamare expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Costamare's Buy-and-hold return. Our buy-and-hold chart shows how Costamare performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Costamare Market Price Analysis
Market price analysis 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 understating and applying Costamare stock market price indicators, traders can identify Costamare position entry and exit signals to maximize returns.
Costamare Return and Market Media
The median price of Costamare for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 14.08 with a coefficient of variation of 4.86. The daily time series for the period is distributed with a sample standard deviation of 0.69, arithmetic mean of 14.1, and mean deviation of 0.54. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Costamare Outperforms Broader Market What You Need to Know | 09/26/2024 |
2 | Costamare Stock Declines While Market Improves Some Information for Investors | 10/09/2024 |
3 | Costamare Inc Trading Down 3.42 percent on Oct 23 | 10/23/2024 |
4 | Are Transportation Stocks Lagging Costamare This Year | 10/24/2024 |
5 | Costamare Inc. Sets the Date for Its Third Quarter 2024 Results Release, Conference Call and Webcast | 10/30/2024 |
6 | Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2024 | 11/01/2024 |
7 | Earnings call Costamare Inc. reports solid Q3 2024 results | 11/04/2024 |
| Costamare dividend paid on 6th of November 2024 | 11/06/2024 |
8 | Costamares Rising Return on Capital A Positive Trend for Growth | 11/19/2024 |
9 | 256,503 Shares in Costamare Inc. Bought by Foundry Partners LLC - MarketBeat | 11/22/2024 |
About Costamare Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Costamare or other stocks. Alpha measures the amount that position in Costamare has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0458 | 0.0574 | 0.0545 | Price To Sales Ratio | 1.96 | 0.83 | 0.79 |
Costamare Upcoming Company Events
As portrayed in its financial statements, the presentation of Costamare's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Costamare's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Costamare's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Costamare. Please utilize our Beneish M Score to check the likelihood of Costamare's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Costamare
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Check out Costamare Backtesting, Costamare Valuation, Costamare Correlation, Costamare Hype Analysis, Costamare Volatility, Costamare History and analyze Costamare Performance. For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.