Covenant Logistics (Germany) Buy Hold or Sell Recommendation
| CV5 Stock | EUR 53.00 1.00 1.92% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Covenant Logistics Group is 'Strong Hold'. Macroaxis provides Covenant Logistics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CV5 positions.
Check out Covenant Logistics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Covenant and provide practical buy, sell, or hold advice based on investors' constraints. Covenant Logistics Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Covenant |
Execute Covenant Logistics Buy or Sell Advice
The Covenant recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Covenant Logistics Group. Macroaxis does not own or have any residual interests in Covenant Logistics Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Covenant Logistics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Covenant Logistics Trading Alerts and Improvement Suggestions
| About 69.0% of the company shares are held by institutions such as insurance companies |
Covenant Logistics Returns Distribution Density
The distribution of Covenant Logistics' historical returns is an attempt to chart the uncertainty of Covenant Logistics' future price movements. The chart of the probability distribution of Covenant Logistics daily returns describes the distribution of returns around its average expected value. We use Covenant Logistics Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Covenant Logistics returns is essential to provide solid investment advice for Covenant Logistics.
| Mean Return | 0.18 | Value At Risk | -2.68 | Potential Upside | 4.18 | Standard Deviation | 1.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Covenant Logistics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Covenant Logistics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Covenant Logistics or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Covenant Logistics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Covenant stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 2.00 | |
Ir | Information ratio | 0.06 |
Covenant Logistics Volatility Alert
Covenant Logistics Group has relatively low volatility with skewness of 1.25 and kurtosis of 3.29. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Covenant Logistics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Covenant Logistics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Covenant Logistics Fundamentals Vs Peers
Comparing Covenant Logistics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Covenant Logistics' direct or indirect competition across all of the common fundamentals between Covenant Logistics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Covenant Logistics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Covenant Logistics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Covenant Logistics to competition |
| Fundamentals | Covenant Logistics | Peer Average |
| Return On Equity | 0.3 | -0.31 |
| Return On Asset | 0.0758 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 558.97 M | 16.62 B |
| Shares Outstanding | 11.14 M | 571.82 M |
| Shares Owned By Insiders | 30.68 % | 10.09 % |
| Shares Owned By Institutions | 68.79 % | 39.21 % |
| Price To Earning | 147.37 X | 28.72 X |
| Price To Book | 1.32 X | 9.51 X |
| Price To Sales | 0.39 X | 11.42 X |
| Revenue | 1.22 B | 9.43 B |
| Gross Profit | 238.11 M | 27.38 B |
| EBITDA | 145.88 M | 3.9 B |
| Net Income | 108.68 M | 570.98 M |
| Cash And Equivalents | 4.97 M | 2.7 B |
| Cash Per Share | 0.30 X | 5.01 X |
| Total Debt | 20.35 M | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Current Ratio | 1.12 X | 2.16 X |
| Book Value Per Share | 27.29 X | 1.93 K |
| Cash Flow From Operations | 73.22 M | 971.22 M |
| Earnings Per Share | 6.56 X | 3.12 X |
| Target Price | 31.67 | |
| Number Of Employees | 28 | 18.84 K |
| Beta | 1.42 | -0.15 |
| Market Capitalization | 435.41 M | 19.03 B |
| Total Asset | 651.66 M | 29.47 B |
| Z Score | 13.6 | 8.72 |
| Annual Yield | 0.01 % | |
| Net Asset | 651.66 M |
Covenant Logistics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Covenant . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 53.0 | |||
| Day Typical Price | 53.0 | |||
| Price Action Indicator | 0.5 | |||
| Period Momentum Indicator | 1.0 |
About Covenant Logistics Buy or Sell Advice
When is the right time to buy or sell Covenant Logistics Group? Buying financial instruments such as Covenant Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Run Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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Other Information on Investing in Covenant Stock
Covenant Logistics financial ratios help investors to determine whether Covenant 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 Covenant with respect to the benefits of owning Covenant Logistics security.