Disposition of 3019 shares by David Parker of Covenant Logistics at 51.9541 subject to Rule 16b-3
CV5 Stock | EUR 26.00 0.50 1.89% |
Roughly 61% of Covenant Logistics' investor base is looking to short. The analysis of current outlook of investing in Covenant Logistics Group suggests that many traders are alarmed regarding Covenant Logistics' prospects. The current market sentiment, together with Covenant Logistics' historical and current headlines, can help investors time the market. In addition, many technical investors use Covenant Logistics stock news signals to limit their universe of possible portfolio assets.
Covenant Logistics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Covenant daily returns and investor perception about the current price of Covenant Logistics Group as well as its diversification or hedging effects on your existing portfolios.
Covenant |
Filed transaction by Covenant Logistics Group Director, 10 Percent Owner, Officer Chairman And Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
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Covenant Logistics Fundamental Analysis
We analyze Covenant Logistics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covenant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covenant Logistics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Covenant Logistics is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Covenant Logistics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Covenant Logistics stock to make a market-neutral strategy. Peer analysis of Covenant Logistics could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics with similar companies.
Peers
Covenant Logistics Related Equities
TM9 | NorAm Drilling | 0.36 | ||||
NOH1 | Norsk Hydro | 0.19 | ||||
TLX | Talanx AG | 0.06 | ||||
MEL | Meliá Hotels | 0.27 | ||||
VUSA | Vanguard Funds | 0.60 | ||||
RS6 | Reliance Steel | 0.77 | ||||
VOW | Volkswagen | 0.82 | ||||
FUY | Fukuyama Transporting | 0.90 | ||||
6NM | NMI Holdings | 1.69 | ||||
2DG | SIVERS SEMICONDUCTORS | 7.14 |
Complementary Tools for Covenant Stock analysis
When running Covenant Logistics' price analysis, check to measure Covenant Logistics' 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 Covenant Logistics is operating at the current time. Most of Covenant Logistics' value examination focuses on studying past and present price action to predict the probability of Covenant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covenant Logistics' price. Additionally, you may evaluate how the addition of Covenant Logistics to your portfolios can decrease your overall portfolio volatility.
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