Cover Technologies Stock Performance
| MGPRF Stock | USD 0.06 0.00 0.00% |
The firm shows a Beta (market volatility) of -1.4, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cover Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Cover Technologies is expected to outperform it. At this point, Cover Technologies has a negative expected return of -0.54%. Please make sure to confirm Cover Technologies' variance, as well as the relationship between the skewness and day typical price , to decide if Cover Technologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cover Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in January 2026. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
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Cover Technologies Relative Risk vs. Return Landscape
If you would invest 9.90 in Cover Technologies on September 27, 2025 and sell it today you would lose (3.50) from holding Cover Technologies or give up 35.35% of portfolio value over 90 days. Cover Technologies is currently producing negative expected returns and takes up 4.4268% volatility of returns over 90 trading days. Put another way, 39% of traded pink sheets are less volatile than Cover, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Cover Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cover Technologies' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cover Technologies, and traders can use it to determine the average amount a Cover Technologies' 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 = -0.1222
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| Negative Returns | MGPRF |
Based on monthly moving average Cover Technologies 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 Cover Technologies by adding Cover Technologies to a well-diversified portfolio.
Cover Technologies Fundamentals Growth
Cover Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cover Technologies, and Cover Technologies 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 Cover Pink Sheet performance.
| Return On Equity | -35.06 | |||
| Return On Asset | -0.68 | |||
| Current Valuation | 331.26 K | |||
| Shares Outstanding | 5.52 M | |||
| Price To Earning | (6.14) X | |||
| Price To Book | 14.19 X | |||
| EBITDA | (2.28 M) | |||
| Cash And Equivalents | 572.84 K | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 2.96 K | |||
| Debt To Equity | 1.03 % | |||
| Book Value Per Share | (0.15) X | |||
| Cash Flow From Operations | (1.13 M) | |||
| Earnings Per Share | (1.81) X | |||
| Total Asset | 314.43 K | |||
| Retained Earnings | (8.48 M) | |||
| Current Asset | 197 K | |||
| Current Liabilities | 227 K | |||
About Cover Technologies Performance
By analyzing Cover Technologies' fundamental ratios, stakeholders can gain valuable insights into Cover Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cover Technologies 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 Cover Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions. Cover Technologies Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Cover Technologies is traded on OTC Exchange in the United States.Things to note about Cover Technologies performance evaluation
Checking the ongoing alerts about Cover Technologies for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cover Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cover Technologies generated a negative expected return over the last 90 days | |
| Cover Technologies has some characteristics of a very speculative penny stock | |
| Cover Technologies has high historical volatility and very poor performance | |
| Cover Technologies has accumulated 2.96 K in total debt with debt to equity ratio (D/E) of 1.03, which is about average as compared to similar companies. Cover Technologies has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cover Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Cover Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cover Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cover to invest in growth at high rates of return. When we think about Cover Technologies' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.36 M) with loss before overhead, payroll, taxes, and interest of (200 K). | |
| Cover Technologies has accumulated about 572.84 K in cash with (1.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 44.0% of Cover Technologies outstanding shares are owned by corporate insiders |
- Analyzing Cover Technologies' 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 Cover Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Cover Technologies' 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 Cover Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cover Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cover Technologies' pink sheet. These opinions can provide insight into Cover Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cover Pink Sheet analysis
When running Cover Technologies' price analysis, check to measure Cover Technologies' 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 Cover Technologies is operating at the current time. Most of Cover Technologies' value examination focuses on studying past and present price action to predict the probability of Cover Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cover Technologies' price. Additionally, you may evaluate how the addition of Cover Technologies to your portfolios can decrease your overall portfolio volatility.
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