Costamare Inc. 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par (CMREpD) — Stock Correlations & Overview

Over the past year, CMREpD has moved most closely with ZJUL, CE, GGAL. Explore the stocks most correlated and inversely correlated with CMREpD below, along with its price, financials, and company profile.

Stocks correlated with CMREpD

Correlation of daily returns. Higher positive values move with CMREpD; negative values move opposite it. Informational only, not investment advice.

Most correlated with CMREpD

SymbolCompanyCorrelation
ZJULInnovtor Equity Defined Protection ETF - 1 Yr July0.30
CECelanese Corporation Common StockPLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS)0.28
GGALGrupo Financiero Galicia SA0.27
PSMJPacer Swan SOS Moderate (July) ETF0.27
LOMALoma Negra Compañía Industrial Argentina Sociedad Anónima American Depositary Shares (ADSs), each representing five ordinary shares0.27

Most inversely correlated with CMREpD

SymbolCompanyCorrelation
SHRTGotham Short Strategies ETF-0.24
MDIAMediaco Holding Inc. Class A Common StockRADIO BROADCASTING STATIONS-0.22
SDDProShares UltraShort SmallCap600-0.22
SBBProShares Short SmallCap600-0.20
SLTYYieldMax Ultra Short Option Income Strategy ETF-0.20

Frequently asked questions about CMREpD correlations

Which stocks are most correlated with CMREpD?
Based on one year of daily returns, the stocks most correlated with Costamare Inc. 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par (CMREpD) are ZJUL (0.30), CE (0.28) and GGAL (0.27). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with CMREpD?
Over the past year, the stocks most inversely correlated with Costamare Inc. 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par (CMREpD) are SHRT (-0.24), MDIA (-0.22) and SDD (-0.22). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?
Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these CMREpD correlations calculated?
We compute the correlation of daily returns between CMREpD and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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