Covista Communications Price on December 16, 2022
CVSTDelisted Stock | USD 0.02 0.00 0.00% |
If you're considering investing in Covista Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Covista Communications stands at 0.02, as last reported on the 1st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. We have found eighteen technical indicators for Covista Communications, which you can use to evaluate the volatility of the firm. Please confirm Covista Communications' Mean Deviation of 5.09, risk adjusted performance of 0.0578, and Standard Deviation of 16.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Covista Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Covista Communications is not performing at its full potential. However, 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 Covista Communications by adding Covista Communications to a well-diversified portfolio.
Covista Communications Valuation on December 16, 2022
It is possible to determine the worth of Covista Communications on a given historical date. On December 16, 2022 Covista was worth 0.0105 at the beginning of the trading date compared to the closed value of 0.0105. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Covista Communications pink sheet. Still, in general, we apply an absolute valuation method to find Covista Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Covista Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Covista Communications' related companies.
Open | High | Low | Close | Volume | |
0.01 | 0.01 | 0.01 | 0.01 | 101.00 | |
12/16/2022 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
0.01 | 0.01 | 0.01 | 0.01 | 154.00 |
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Covista Communications Trading Date Momentum on December 16, 2022
On December 19 2022 Covista Communications was traded for 0.01 at the closing time. The top price for the day was 0.01 and the lowest listed price was 0.01 . The trading volume for the day was 154. The trading history from December 19, 2022 did not affect price variability. The overall trading delta against the current closing price is 80.00% . |
Covista Communications Fundamentals Correlations and Trends
By evaluating Covista Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Covista Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Covista financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Covista Communications Pink Sheet history
Covista Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Covista is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Covista Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Covista Communications stock prices may prove useful in developing a viable investing in Covista Communications
Covista Communications, Inc. provides telecommunications and data services in the United States. The company was founded in 1959 and is based in Hickory, North Carolina. Covista Comm operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 162 people.
Covista Communications Pink Sheet Technical Analysis
Covista Communications technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Covista Communications Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Covista Communications cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Covista Communications December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Covista Communications pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Covista Communications shares will generate the highest return on investment. By undertsting and applying Covista Communications pink sheet market strength indicators, traders can identify Covista Communications entry and exit signals to maximize returns
Covista Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Covista Communications' price direction in advance. Along with the technical and fundamental analysis of Covista Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Covista to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0578 | |||
Jensen Alpha | 1.75 | |||
Total Risk Alpha | (1.69) | |||
Treynor Ratio | (0.17) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Covista Pink Sheet
If you are still planning to invest in Covista Communications check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Covista Communications' history and understand the potential risks before investing.
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