Covenant Logistics (Germany) Analysis
| CV5 Stock | EUR 53.00 0.00 0.00% |
Covenant Logistics Group is fairly valued with Real Value of 52.0 and Hype Value of 53.0. The main objective of Covenant Logistics stock analysis is to determine its intrinsic value, which is an estimate of what Covenant Logistics Group is worth, separate from its market price. There are two main types of Covenant Logistics' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Covenant Logistics' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Covenant Logistics' stock to identify patterns and trends that may indicate its future price movements.
The Covenant Logistics stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Covenant Logistics' ongoing operational relationships across important fundamental and technical indicators.
Covenant |
Covenant Stock Analysis Notes
About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. Covenant Logistics has Price/Earnings (P/E) ratio of 147.37. The entity recorded earning per share (EPS) of 6.56. The firm last dividend was issued on the 2nd of March 2023. Covenant Logistics had 1:2 split on the 1st of October 2024. Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. COVENANT LOG operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4900 people. For more info on Covenant Logistics Group please contact David Parker at 423 821 1212 or go to https://www.covenantlogistics.com.Covenant Logistics Investment Alerts
| About 69.0% of the company shares are held by institutions such as insurance companies |
Covenant Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 435.41 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Covenant Logistics's market, we take the total number of its shares issued and multiply it by Covenant Logistics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Covenant Profitablity
Covenant Logistics' profitability indicators refer to fundamental financial ratios that showcase Covenant Logistics' ability to generate income relative to its revenue or operating costs. If, let's say, Covenant Logistics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Covenant Logistics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Covenant Logistics' profitability requires more research than a typical breakdown of Covenant Logistics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07. Technical Drivers
As of the 30th of December, Covenant Logistics shows the Risk Adjusted Performance of 0.0893, mean deviation of 1.46, and Downside Deviation of 1.69. Covenant Logistics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Covenant Logistics maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Covenant Logistics is priced correctly, providing market reflects its regular price of 53.0 per share.Covenant Logistics Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Covenant Logistics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Covenant Logistics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Covenant Logistics Outstanding Bonds
Covenant Logistics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Covenant Logistics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Covenant bonds can be classified according to their maturity, which is the date when Covenant Logistics Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Covenant Logistics Predictive Daily Indicators
Covenant Logistics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Covenant Logistics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Covenant Logistics Forecast Models
Covenant Logistics' time-series forecasting models are one of many Covenant Logistics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Covenant Logistics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Covenant Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Covenant Logistics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Covenant shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Covenant Logistics. By using and applying Covenant Stock analysis, traders can create a robust methodology for identifying Covenant entry and exit points for their positions.
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. COVENANT LOG operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4900 people.
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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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