Disposition of 980 shares by Joey Hogan of Covenant Logistics subject to Rule 16b-3
| CV5 Stock | EUR 26.00 0.00 0.00% |
Roughly 55% of Covenant Logistics' investor base is interested to short. The analysis of current outlook of investing in Covenant Logistics Group suggests that many traders are impartial 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. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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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.
Z Score
Z Score Comparative Analysis
Covenant Logistics is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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
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| RS6 | Reliance Steel | 0.23 | ||||
| FGR | FirstGroup Plc | 0.51 | ||||
| VOW | Volkswagen | 1.00 | ||||
| RRU | Rolls Royce | 1.26 | ||||
| 39O1 | Origin Agritech | 2.97 |
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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