Covenant Logistics (Germany) Performance
| CV5 Stock | EUR 53.00 1.00 1.92% |
On a scale of 0 to 100, Covenant Logistics holds a performance score of 8. The firm shows a Beta (market volatility) of 0.0578, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Covenant Logistics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Covenant Logistics is expected to be smaller as well. Please check Covenant Logistics' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Covenant Logistics' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Covenant Logistics Group are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Covenant Logistics reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 8.4 M |
Covenant |
Covenant Logistics Relative Risk vs. Return Landscape
If you would invest 4,710 in Covenant Logistics Group on September 30, 2024 and sell it today you would earn a total of 590.00 from holding Covenant Logistics Group or generate 12.53% return on investment over 90 days. Covenant Logistics Group is currently producing 0.2068% returns and takes up 1.9952% volatility of returns over 90 trading days. Put another way, 17% of traded stocks are less volatile than Covenant, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Covenant Logistics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Covenant Logistics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Covenant Logistics Group, and traders can use it to determine the average amount a Covenant Logistics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1036
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Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Covenant Logistics is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Covenant Logistics by adding it to a well-diversified portfolio.
Covenant Logistics Fundamentals Growth
Covenant Stock prices reflect investors' perceptions of the future prospects and financial health of Covenant Logistics, and Covenant Logistics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Covenant Stock performance.
| Return On Equity | 0.3 | |||
| Return On Asset | 0.0758 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 558.97 M | |||
| Shares Outstanding | 11.14 M | |||
| Price To Earning | 147.37 X | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 0.39 X | |||
| Revenue | 1.22 B | |||
| EBITDA | 145.88 M | |||
| Cash And Equivalents | 4.97 M | |||
| Cash Per Share | 0.30 X | |||
| Total Debt | 20.35 M | |||
| Debt To Equity | 0.30 % | |||
| Book Value Per Share | 27.29 X | |||
| Cash Flow From Operations | 73.22 M | |||
| Earnings Per Share | 6.56 X | |||
| Total Asset | 651.66 M | |||
About Covenant Logistics Performance
By analyzing Covenant Logistics' fundamental ratios, stakeholders can gain valuable insights into Covenant Logistics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Covenant Logistics has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Covenant Logistics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Covenant Logistics performance evaluation
Checking the ongoing alerts about Covenant Logistics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Covenant Logistics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 69.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Covenant Logistics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Covenant Logistics' stock is overvalued or undervalued compared to its peers.
- Examining Covenant Logistics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Covenant Logistics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Covenant Logistics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Covenant Logistics' stock. These opinions can provide insight into Covenant Logistics' potential for growth and whether the stock is currently undervalued or overvalued.
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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