Coveo Solutions Stock Alpha and Beta Analysis
| CVO Stock | 6.66 0.15 2.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Coveo Solutions. It also helps investors analyze the systematic and unsystematic risks associated with investing in Coveo Solutions over a specified time horizon. Remember, high Coveo Solutions' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Coveo Solutions' market risk premium analysis include:
Beta 0.28 | Alpha 0.25 | Risk 4.12 | Sharpe Ratio 0.0707 | Expected Return 0.29 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Coveo |
Coveo Solutions Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Coveo Solutions market risk premium is the additional return an investor will receive from holding Coveo Solutions long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Coveo Solutions. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Coveo Solutions' performance over market.| α | 0.25 | β | 0.28 |
Coveo Solutions expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Coveo Solutions' Buy-and-hold return. Our buy-and-hold chart shows how Coveo Solutions performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Coveo Solutions Market Price Analysis
Market price analysis indicators help investors to evaluate how Coveo Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coveo Solutions shares will generate the highest return on investment. By understating and applying Coveo Solutions stock market price indicators, traders can identify Coveo Solutions position entry and exit signals to maximize returns.
Coveo Solutions Return and Market Media
The median price of Coveo Solutions for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 6.14 with a coefficient of variation of 11.3. The daily time series for the period is distributed with a sample standard deviation of 0.71, arithmetic mean of 6.26, and mean deviation of 0.62. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Coveo Solutions Reports Strong Q2 Results - TipRanks | 11/04/2024 |
2 | Is It Time To Consider Buying Coveo Solutions Inc. - Yahoo Finance | 12/04/2024 |
About Coveo Solutions Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Coveo or other stocks. Alpha measures the amount that position in Coveo Solutions has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.47 | 8.69 | 9.57 | 6.83 | Days Of Inventory On Hand | 99.7 | 119.14 | 21.28 | 20.22 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coveo Solutions in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coveo Solutions' short interest history, or implied volatility extrapolated from Coveo Solutions options trading.
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Other Information on Investing in Coveo Stock
Coveo Solutions financial ratios help investors to determine whether Coveo 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 Coveo with respect to the benefits of owning Coveo Solutions security.