Covalon Technologies Stock Price Patterns

Intrinsic Valuation Low Real High 0.06 1.21 3.83 Details

Naive Forecast Low Next High 0.02 1.17 3.78 Details

Bollinger Band Projection (param) Lower Middle Band Upper 1.15 1.25 1.35 Details

Covalon Technologies After-Hype Price Density Analysis

Covalon Technologies Estimiated After-Hype Price Volatility

Covalon Technologies OTC Stock Price Outlook Analysis

Notes

Covalon Technologies Hype Timeline

Covalon Technologies is currently traded for 1.22. The entity has historical hype elasticity of 2.59, and average elasticity to hype of competition of 0.5. Covalon is expected to increase in value after the next headline, with the price projected to jump to 1.8675384615384614 or above. The average volatility of media hype impact on the company the price is about 30.32%. The price rise on the next news is projected to be 53.08%, whereas the daily expected return is currently at -0.3%. The volatility of related hype on Covalon Technologies is about 156.76%, with the expected price after the next announcement by competition of 1.72. Covalon Technologies has accumulated 2.25 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Covalon Technologies has a current ratio of 9.84, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Covalon Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Covalon 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 Covalon Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Covalon to invest in growth at high rates of return. When we think about Covalon Technologies' use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next expected press release will be in about 20 days. Check out Covalon Technologies Basic Forecasting Models to cross-verify your projections.

Covalon Technologies Related Hype Analysis

Covalon Technologies Additional Predictive Modules

Most predictive techniques to examine Covalon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Covalon using various technical indicators. When you analyze Covalon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The successful prediction of Covalon Technologies stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Covalon Technologies, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Covalon Technologies based on analysis of Covalon Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators.

When running Covalon Technologies' price analysis, check to measure Covalon 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 Covalon Technologies is operating at the current time. Most of Covalon Technologies' value examination focuses on studying past and present price action to predict the probability of Covalon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covalon Technologies' price. Additionally, you may evaluate how the addition of Covalon Technologies to your portfolios can decrease your overall portfolio volatility.