Covista Communications Stock Performance
| CVST Stock | USD 0.0003 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Covista Communications are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Covista Communications has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Covista Communications is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Covista Communications Relative Risk vs. Return Landscape
If you would invest 0.03 in Covista Communications on October 3, 2025 and sell it today you would earn a total of 0.00 from holding Covista Communications or generate 0.0% return on investment over 90 days. Covista Communications is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Covista, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Covista Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Covista Communications' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Covista Communications, and traders can use it to determine the average amount a Covista Communications' 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 = 0.0
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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 Fundamentals Growth
Covista Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Covista Communications, and Covista Communications 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 Covista Pink Sheet performance.
| Return On Equity | -0.21 | |||
| Return On Asset | -0.0292 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 16.4 M | |||
| Price To Earning | (0.02) X | |||
| Price To Book | 1.18 X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 59.84 M | |||
| EBITDA | 1.17 M | |||
| Cash And Equivalents | 6.51 M | |||
| Cash Per Share | 0.37 X | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.76 X | |||
| Cash Flow From Operations | (5.1 M) | |||
| Earnings Per Share | (0.17) X | |||
| Total Asset | 27.23 M | |||
| Retained Earnings | (38.72 M) | |||
| Current Asset | 15.78 M | |||
| Current Liabilities | 10.83 M | |||
About Covista Communications Performance
Assessing Covista Communications' fundamental ratios provides investors with valuable insights into Covista Communications' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Covista Communications is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Covista Communications performance evaluation
Checking the ongoing alerts about Covista Communications for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Covista Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Covista Communications generated a negative expected return over the last 90 days | |
| Covista Communications has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 59.84 M. Net Loss for the year was (5.33 M) with profit before overhead, payroll, taxes, and interest of 27.01 M. | |
| Covista Communications currently holds about 6.51 M in cash with (5.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Covista Communications' 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 Covista Communications' stock is overvalued or undervalued compared to its peers.
- Examining Covista Communications' 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 Covista Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Covista Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Covista Communications' pink sheet. These opinions can provide insight into Covista Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Covista Pink Sheet Analysis
When running Covista Communications' price analysis, check to measure Covista Communications' 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 Covista Communications is operating at the current time. Most of Covista Communications' value examination focuses on studying past and present price action to predict the probability of Covista Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covista Communications' price. Additionally, you may evaluate how the addition of Covista Communications to your portfolios can decrease your overall portfolio volatility.