Covivio SA (Germany) Price on March 12, 2024
F5D Stock | EUR 49.82 0.04 0.08% |
If you're considering investing in Covivio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Covivio SA stands at 49.82, as last reported on the 11th of December 2024, with the highest price reaching 50.10 and the lowest price hitting 49.50 during the day. Covivio SA secures Sharpe Ratio (or Efficiency) of -0.0841, which signifies that the company had a -0.0841% return per unit of risk over the last 3 months. Covivio SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Covivio SA's Standard Deviation of 1.41, risk adjusted performance of (0.05), and Mean Deviation of 1.11 to double-check the risk estimate we provide.
Covivio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Covivio |
Sharpe Ratio = -0.0841
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Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Covivio SA 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 Covivio SA by adding Covivio SA to a well-diversified portfolio.
Covivio SA Valuation on March 12, 2024
It is possible to determine the worth of Covivio SA on a given historical date. On March 12, 2024 Covivio was worth 41.14 at the beginning of the trading date compared to the closed value of 39.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Covivio SA stock. Still, in general, we apply an absolute valuation method to find Covivio SA's 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 Covivio SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Covivio SA's related companies.
Open | High | Low | Close | Volume | |
41.25 | 41.49 | 40.77 | 40.77 | 22.00 | |
03/12/2024 | 41.14 | 41.14 | 39.99 | 39.99 | 1.00 |
39.75 | 39.75 | 39.17 | 39.28 | 1.00 |
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Covivio SA Trading Date Momentum on March 12, 2024
On March 13 2024 Covivio SA was traded for 39.28 at the closing time. The highest daily price throughout the period was 39.75 and the lowest price was 39.17 . There was no trading activity during the period 1.0. Lack of trading volume on 03/13/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.78% . The overall trading delta to current closing price is 4.38% . |
Covivio SA Fundamentals Correlations and Trends
By evaluating Covivio SA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Covivio SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Covivio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Covivio SA Stock history
Covivio SA 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 Covivio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Covivio SA 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 Covivio SA stock prices may prove useful in developing a viable investing in Covivio SA
A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with 23 billion in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance. COVIVIO INH is traded on Frankfurt Stock Exchange in Germany.
Covivio SA Stock Technical Analysis
Covivio SA technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Covivio SA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Covivio SA cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Covivio SA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Covivio SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Covivio SA shares will generate the highest return on investment. By undertsting and applying Covivio SA stock market strength indicators, traders can identify Covivio SA entry and exit signals to maximize returns
Covivio SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Covivio SA's price direction in advance. Along with the technical and fundamental analysis of Covivio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Covivio 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 | (0.05) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (0.22) |
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Volume Indicators |
Complementary Tools for Covivio Stock analysis
When running Covivio SA's price analysis, check to measure Covivio SA's 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 Covivio SA is operating at the current time. Most of Covivio SA's value examination focuses on studying past and present price action to predict the probability of Covivio SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covivio SA's price. Additionally, you may evaluate how the addition of Covivio SA to your portfolios can decrease your overall portfolio volatility.
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