Costamare Value At Risk
| CMRE Stock | | | USD 17.02 0.21 1.25% |
The Value At Risk reading for Costamare is computed from historical trading observations. Values reflect historical observations within the available dataset. Costamare has a market cap of 2.05 B, operating margin of 47.51%, ROE of 16.77%. Use
Trending Equities to view allocation positioning. Current allocation data is available for review. The summary draws on available position and value data. A position in Costamare is part of the allocation. This appears in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Our
How to Buy Costamare Stock guide explains the steps to invest in Costamare stock.
Costamare has current Value At Risk of
-3.57. Value At Risk (or VAR) is a statistical technique used to measure the level of financial risk of investment instrument over a specific time frame. It is a widely used measure of the risk of loss on a specific investing instrument.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -3.57 | |
| ER[a] | = | Expected return on investing in Costamare |
| STD | = | Standard Deviation of Costamare |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Costamare is rated
below average for value at risk relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers .
Value At Risk is used by risk managers in order to measure and control the level of risk which the firm undertakes. The risk manager job is to ensure that risks are not taken beyond the level at which the firm can absorb the losses of a probable worst outcome. VAR can be defined as the loss level that will not be exceeded with a certain confidence level during a certain period of time.
Compare Costamare to Peers
Other Technical Indicators