Coveo Solutions Stock Buy Hold or Sell Recommendation
| CVO Stock | 7.31 0.02 0.27% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Coveo Solutions is 'Strong Sell'. The recommendation algorithm takes into account all of Coveo Solutions' available fundamental, technical, and predictive indicators you will find on this site.
Check out Coveo Solutions 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. In addition, we conduct extensive research on individual companies such as Coveo and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Coveo Solutions. 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.
Coveo |
Execute Coveo Solutions Buy or Sell Advice
The Coveo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Coveo Solutions. Macroaxis does not own or have any residual interests in Coveo Solutions or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Coveo Solutions' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Coveo Solutions Trading Alerts and Improvement Suggestions
| Coveo Solutions had very high historical volatility over the last 90 days | |
| The company reported the revenue of 126.09 M. Net Loss for the year was (23.61 M) with profit before overhead, payroll, taxes, and interest of 85.5 M. |
Coveo Solutions current analysts advice
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Coveo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Coveo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.
Coveo Solutions Returns Distribution Density
The distribution of Coveo Solutions' historical returns is an attempt to chart the uncertainty of Coveo Solutions' future price movements. The chart of the probability distribution of Coveo Solutions daily returns describes the distribution of returns around its average expected value. We use Coveo Solutions price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Coveo Solutions returns is essential to provide solid investment advice for Coveo Solutions.
| Mean Return | 0.38 | Value At Risk | -4.43 | Potential Upside | 5.59 | Standard Deviation | 3.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Coveo Solutions 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.
Coveo Solutions 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 Coveo Solutions or Software 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 Coveo Solutions' 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 Coveo 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 | 0.38 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 3.78 | |
Ir | Information ratio | 0.06 |
Coveo Solutions Volatility Alert
Coveo Solutions currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Coveo Solutions' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Coveo Solutions' 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.Coveo Solutions Fundamentals Vs Peers
Comparing Coveo Solutions' 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 Coveo Solutions' direct or indirect competition across all of the common fundamentals between Coveo Solutions and the related equities. This way, we can detect undervalued stocks with similar characteristics as Coveo Solutions or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Coveo Solutions' fundamental indicators could also be used in its relative valuation, which is a method of valuing Coveo Solutions by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Coveo Solutions to competition |
| Fundamentals | Coveo Solutions | Peer Average |
| Return On Equity | -0.14 | -0.31 |
| Return On Asset | -0.061 | -0.14 |
| Profit Margin | (0.17) % | (1.27) % |
| Operating Margin | (0.14) % | (5.51) % |
| Current Valuation | 536.46 M | 16.62 B |
| Shares Outstanding | 52.78 M | 571.82 M |
| Shares Owned By Insiders | 0.27 % | 10.09 % |
| Shares Owned By Institutions | 50.00 % | 39.21 % |
| Number Of Shares Shorted | 461.02 K | 4.71 M |
| Price To Book | 3.83 X | 9.51 X |
| Price To Sales | 5.47 X | 11.42 X |
| Revenue | 126.09 M | 9.43 B |
| Gross Profit | 85.5 M | 27.38 B |
| EBITDA | (8.68 M) | 3.9 B |
| Net Income | (23.61 M) | 570.98 M |
| Total Debt | 9.04 M | 5.32 B |
| Book Value Per Share | 1.35 X | 1.93 K |
| Cash Flow From Operations | 4.2 M | 971.22 M |
| Short Ratio | 2.00 X | 4.00 X |
| Earnings Per Share | (0.29) X | 3.12 X |
| Target Price | 7.29 | |
| Number Of Employees | 14 | 18.84 K |
| Beta | 0.74 | -0.15 |
| Market Capitalization | 706.83 M | 19.03 B |
| Total Asset | 275.88 M | 29.47 B |
| Retained Earnings | (655.6 M) | 9.33 B |
| Working Capital | 126.44 M | 1.48 B |
| Net Asset | 275.88 M |
Coveo Solutions Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Coveo . 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.
About Coveo Solutions Buy or Sell Advice
When is the right time to buy or sell Coveo Solutions? Buying financial instruments such as Coveo 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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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.