Covestro Ag Stock Performance
| CVVTF Stock | USD 63.65 0.00 0.00% |
Covestro has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0631, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Covestro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Covestro is expected to be smaller as well. Covestro AG right now shows a risk of 1.57%. Please confirm Covestro AG risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Covestro AG will be following its price patterns.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Covestro AG are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Covestro may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 1.4 B | |
| Total Cashflows From Investing Activities | -2 B |
Covestro |
Covestro Relative Risk vs. Return Landscape
If you would invest 5,650 in Covestro AG on September 2, 2024 and sell it today you would earn a total of 715.00 from holding Covestro AG or generate 12.65% return on investment over 90 days. Covestro AG is currently producing 0.1947% returns and takes up 1.5696% volatility of returns over 90 trading days. Put another way, 13% of traded pink sheets are less volatile than Covestro, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Covestro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Covestro's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Covestro AG, and traders can use it to determine the average amount a Covestro's 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 = 0.124
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CVVTF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Covestro is performing at about 9% 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 Covestro by adding it to a well-diversified portfolio.
Covestro Fundamentals Growth
Covestro Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Covestro, and Covestro 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 Covestro Pink Sheet performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0533 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 9.44 B | |||
| Shares Outstanding | 193.2 M | |||
| Price To Earning | 7.26 X | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 0.41 X | |||
| Revenue | 15.9 B | |||
| EBITDA | 3.1 B | |||
| Cash And Equivalents | 315 M | |||
| Cash Per Share | 1.65 X | |||
| Total Debt | 1.72 B | |||
| Debt To Equity | 0.36 % | |||
| Book Value Per Share | 45.46 X | |||
| Cash Flow From Operations | 2.19 B | |||
| Earnings Per Share | 5.20 X | |||
| Total Asset | 15.57 B | |||
About Covestro Performance
By analyzing Covestro's fundamental ratios, stakeholders can gain valuable insights into Covestro's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Covestro 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 Covestro has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Covestro AG supplies high-tech polymer materials and related application solutions. The company was founded in 1863 and is headquartered in Leverkusen, Germany. COVESTRO is traded on OTC Exchange in the United States.Things to note about Covestro AG performance evaluation
Checking the ongoing alerts about Covestro for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Covestro AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 57.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Covestro's 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 Covestro's stock is overvalued or undervalued compared to its peers.
- Examining Covestro's 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 Covestro's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Covestro's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Covestro's pink sheet. These opinions can provide insight into Covestro's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Covestro Pink Sheet analysis
When running Covestro's price analysis, check to measure Covestro'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 Covestro is operating at the current time. Most of Covestro's value examination focuses on studying past and present price action to predict the probability of Covestro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covestro's price. Additionally, you may evaluate how the addition of Covestro to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |