Covivio SA (France) Market Value

COV Stock   50.25  0.77  1.56%   
Covivio SA's market value is the price at which a share of Covivio SA trades on a public exchange. It measures the collective expectations of Covivio SA investors about its performance. Covivio SA is trading at 50.25 as of the 16th of March 2025, a 1.56% up since the beginning of the trading day. The stock's open price was 49.48.
With this module, you can estimate the performance of a buy and hold strategy of Covivio SA and determine expected loss or profit from investing in Covivio SA over a given investment horizon. Check out Covivio SA Correlation, Covivio SA Volatility and Covivio SA Alpha and Beta module to complement your research on Covivio SA.
Symbol

Please note, there is a significant difference between Covivio SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Covivio SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covivio SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Covivio SA 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Covivio SA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Covivio SA.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Covivio SA on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Covivio SA or generate 0.0% return on investment in Covivio SA over 90 days. Covivio SA is related to or competes with Gecina SA, Icade SA, Klepierre, Mercialys, and Altarea SCA. More

Covivio SA Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Covivio SA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Covivio SA upside and downside potential and time the market with a certain degree of confidence.

Covivio SA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Covivio SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Covivio SA's standard deviation. In reality, there are many statistical measures that can use Covivio SA historical prices to predict the future Covivio SA's volatility.
Hype
Prediction
LowEstimatedHigh
48.8550.2551.65
Details
Intrinsic
Valuation
LowRealHigh
48.5649.9651.36
Details

Covivio SA Backtested Returns

At this point, Covivio SA is very steady. Covivio SA secures Sharpe Ratio (or Efficiency) of 0.0426, which signifies that the company had a 0.0426 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Covivio SA, which you can use to evaluate the volatility of the firm. Please confirm Covivio SA's Mean Deviation of 1.06, downside deviation of 1.33, and Risk Adjusted Performance of 0.0115 to double-check if the risk estimate we provide is consistent with the expected return of 0.0593%. Covivio SA has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Covivio SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Covivio SA is expected to be smaller as well. Covivio SA right now shows a risk of 1.39%. Please confirm Covivio SA skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Covivio SA will be following its price patterns.

Auto-correlation

    
  -0.46  

Modest reverse predictability

Covivio SA has modest reverse predictability. Overlapping area represents the amount of predictability between Covivio SA time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Covivio SA price movement. The serial correlation of -0.46 indicates that about 46.0% of current Covivio SA price fluctuation can be explain by its past prices.
Correlation Coefficient-0.46
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.96

Covivio SA lagged returns against current returns

Autocorrelation, which is Covivio SA stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Covivio SA's stock expected returns. We can calculate the autocorrelation of Covivio SA returns to help us make a trade decision. For example, suppose you find that Covivio SA has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Covivio SA regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Covivio SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Covivio SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Covivio SA stock over time.
   Current vs Lagged Prices   
       Timeline  

Covivio SA Lagged Returns

When evaluating Covivio SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Covivio SA stock have on its future price. Covivio SA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Covivio SA autocorrelation shows the relationship between Covivio SA stock current value and its past values and can show if there is a momentum factor associated with investing in Covivio SA.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Covivio Stock

Covivio SA financial ratios help investors to determine whether Covivio Stock 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 Covivio with respect to the benefits of owning Covivio SA security.