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Bullish Case: Costamare shows consistent dividend payouts, a significant 5-year price appreciation, and trades at attractive valuation metrics, indicating strong fundamentals and potential growth.


Bearish Case: Despite mean-reverting price action, CMRE shows a flat term structure and reduced investor interest, suggesting near-term uncertainty and potential downside risk.


Potential Outcomes: Probability of continuing dividends maintaining investor confidence (45%); risk of long-term mean reversion dominating short-term gains, leading to price declines (35%); unforeseen industry or economic events introducing volatility (20%).


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April 02, 2024


Costamare Forecast

CMRE        Costamare
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CMRE



ARHS Forecast + Options Trading Strategies   [ARHS]  Arhaus (0.92)


NUE Forecast + Options Trading Strategies   [NUE]  Nucor (0.91)


PNR Forecast + Options Trading Strategies   [PNR]  Pentair (0.89)


PAVE Forecast + Options Trading Strategies   [PAVE]  Global X Funds - Global X U.S. Infrastructure Development (0.89)


XLI Forecast + Options Trading Strategies   [XLI]  Industrial Select Sector SPDR (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to CMRE



AGCO Forecast + Options Trading Strategies   [AGCO]  AGCO (-0.0)


CIVI Forecast + Options Trading Strategies   [CIVI]  Civitas Resources Inc New (0.0)


AEP Forecast + Options Trading Strategies   [AEP]  American Electric Power (-0.0)


CORT Forecast + Options Trading Strategies   [CORT]  Corcept Therapeutics (0.0)


AA Forecast + Options Trading Strategies   [AA]  Alcoa (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CMRE



SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.84)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.85)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.85)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.86)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.86)





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