COVANTA HLDG P Price on December 26, 2024
| 22282EAJ1 | 80.35 11.74 12.75% |
If you're considering investing in COVANTA Bond, it is important to understand the factors that can impact its price. As of today, the current price of COVANTA stands at 80.35, as last reported on the 6th of January, with the highest price reaching 80.35 and the lowest price hitting 80.35 during the day. COVANTA HLDG P secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the bond had a -0.14% return per unit of volatility over the last 3 months. COVANTA HLDG P exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COVANTA's risk adjusted performance of (0.11), and Mean Deviation of 0.6402 to double-check the risk estimate we provide.
COVANTA Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
COVANTA |
Sharpe Ratio = -0.1394
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 22282EAJ1 |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average COVANTA is not performing at its full potential. However, 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 COVANTA by adding COVANTA to a well-diversified portfolio.
COVANTA Valuation on December 26, 2024
It is possible to determine the worth of COVANTA on a given historical date. On December 26, 2024 COVANTA was worth 92.38 at the beginning of the trading date compared to the closed value of 92.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COVANTA bond. Still, in general, we apply an absolute valuation method to find COVANTA'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 COVANTA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COVANTA's related companies.
| Open | High | Low | Close | Volume | |
| 92.47 | 92.47 | 92.47 | 92.47 | 1.00 | |
12/26/2024 | 92.38 | 92.38 | 92.38 | 92.38 | 1.00 |
| 92.39 | 92.39 | 92.39 | 92.39 | 1.00 |
| Backtest COVANTA | | | COVANTA History | | | COVANTA Valuation | Previous | Next |
COVANTA Trading Date Momentum on December 26, 2024
| On December 30 2024 COVANTA HLDG P was traded for 92.39 at the closing time. The highest price during the trading period was 92.39 and the lowest recorded bid was listed for 92.39 . There was no trading activity during the period 1.0. Lack of trading volume on December 30, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.01% . The overall trading delta to the current price is 13.02% . |
About COVANTA Bond history
COVANTA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for COVANTA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COVANTA HLDG P will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing COVANTA stock prices may prove useful in developing a viable investing in COVANTA
COVANTA Bond Technical Analysis
COVANTA technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
COVANTA Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
COVANTA HLDG P cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
COVANTA January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how COVANTA bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COVANTA shares will generate the highest return on investment. By undertsting and applying COVANTA bond market strength indicators, traders can identify COVANTA HLDG P entry and exit signals to maximize returns
COVANTA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COVANTA's price direction in advance. Along with the technical and fundamental analysis of COVANTA Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of COVANTA 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 | (0.11) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (1.12) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in COVANTA Bond
COVANTA financial ratios help investors to determine whether COVANTA Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COVANTA with respect to the benefits of owning COVANTA security.