Cover Stock Price on November 7, 2024
| COVCF Stock | 17.75 0.73 4.29% |
If you're considering investing in COVER OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of COVER stands at 17.75, as last reported on the 11th of December 2024, with the highest price reaching 17.75 and the lowest price hitting 17.75 during the day. COVER secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of volatility over the last 3 months. By analyzing COVER's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of COVER's mean deviation of 2.91, and Risk Adjusted Performance of 0.1171 to double-check if our risk estimates are consistent with your expectations.
COVER OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
COVER |
Sharpe Ratio = 0.1376
| Best Portfolio | Best Equity | |||
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| Small Returns | COVCF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average COVER is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of COVER by adding it to a well-diversified portfolio.
COVER Valuation on November 7, 2024
It is possible to determine the worth of COVER on a given historical date. On November 7, 2024 COVER was worth 14.15 at the beginning of the trading date compared to the closed value of 14.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COVER otc stock. Still, in general, we apply an absolute valuation method to find COVER's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of COVER where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COVER's related companies.
| Open | High | Low | Close | Volume | |
| 14.86 | 14.86 | 14.14 | 14.14 | 715.00 | |
11/07/2024 | 14.15 | 14.15 | 14.15 | 14.15 | 127.00 |
| 13.98 | 13.98 | 13.98 | 13.98 | 138.00 |
| Backtest COVER | | | COVER History | Previous | Next |
COVER Trading Date Momentum on November 7, 2024
| On November 08 2024 COVER was traded for 13.98 at the closing time. The highest daily price throughout the period was 13.98 and the lowest price was 13.98 . The daily volume was 138. The net trading volume on 11/08/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.20% . The overall trading delta to current closing price is 10.25% . |
Price Boundaries
COVER Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
COVER cannot be verified against its exchange. Please verify the symbol is currently traded on OTCGREY Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
COVER December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how COVER otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COVER shares will generate the highest return on investment. By undertsting and applying COVER otc stock market strength indicators, traders can identify COVER entry and exit signals to maximize returns
COVER Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COVER's price direction in advance. Along with the technical and fundamental analysis of COVER OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of COVER to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.8186 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1206 | |||
| Treynor Ratio | (0.45) |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for COVER OTC Stock analysis
When running COVER's price analysis, check to measure COVER'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 COVER is operating at the current time. Most of COVER's value examination focuses on studying past and present price action to predict the probability of COVER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COVER's price. Additionally, you may evaluate how the addition of COVER to your portfolios can decrease your overall portfolio volatility.
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