Cover Technologies Stock Net Income
| MGPRF Stock | USD 0.08 0.03 24.73% |
As of the 10th of February, Cover Technologies shows the Standard Deviation of 579.96, mean deviation of 151.86, and Risk Adjusted Performance of 0.1134. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Cover Technologies, as well as the relationship between them. Please confirm Cover Technologies market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Cover Technologies is priced correctly, providing market reflects its regular price of 0.0828 per share. As Cover Technologies appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Cover Technologies' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Cover Technologies' valuation are provided below:Cover Technologies does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Cover |
Cover Technologies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cover Technologies' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cover Technologies.
| 11/12/2025 |
| 02/10/2026 |
If you would invest 0.00 in Cover Technologies on November 12, 2025 and sell it all today you would earn a total of 0.00 from holding Cover Technologies or generate 0.0% return on investment in Cover Technologies over 90 days. Cover Technologies is related to or competes with Silver Elephant, Noble Mineral, and Pan American. Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions More
Cover Technologies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cover Technologies' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cover Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1288 | |||
| Maximum Drawdown | 4770.38 | |||
| Value At Risk | (24.73) | |||
| Potential Upside | 11.11 |
Cover Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cover Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cover Technologies' standard deviation. In reality, there are many statistical measures that can use Cover Technologies historical prices to predict the future Cover Technologies' volatility.| Risk Adjusted Performance | 0.1134 | |||
| Jensen Alpha | 70.21 | |||
| Total Risk Alpha | 10.91 | |||
| Treynor Ratio | 1.45 |
Cover Technologies February 10, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1134 | |||
| Market Risk Adjusted Performance | 1.46 | |||
| Mean Deviation | 151.86 | |||
| Coefficient Of Variation | 775.46 | |||
| Standard Deviation | 579.96 | |||
| Variance | 336349.56 | |||
| Information Ratio | 0.1288 | |||
| Jensen Alpha | 70.21 | |||
| Total Risk Alpha | 10.91 | |||
| Treynor Ratio | 1.45 | |||
| Maximum Drawdown | 4770.38 | |||
| Value At Risk | (24.73) | |||
| Potential Upside | 11.11 | |||
| Skewness | 7.99 | |||
| Kurtosis | 64.5 |
Cover Technologies Backtested Returns
Cover Technologies is out of control given 3 months investment horizon. Cover Technologies secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 19.79% are justified by taking the suggested risk. Use Cover Technologies Mean Deviation of 151.86, standard deviation of 579.96, and Risk Adjusted Performance of 0.1134 to evaluate company specific risk that cannot be diversified away. Cover Technologies holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 51.74, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cover Technologies will likely underperform. Use Cover Technologies value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to analyze future returns on Cover Technologies.
Auto-correlation | -0.23 |
Weak reverse predictability
Cover Technologies has weak reverse predictability. Overlapping area represents the amount of predictability between Cover Technologies time series from 12th of November 2025 to 27th of December 2025 and 27th of December 2025 to 10th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cover Technologies price movement. The serial correlation of -0.23 indicates that over 23.0% of current Cover Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Cover Technologies reported net income of (2.36 Million). This is 80.39% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The net income for all United States stocks is 100.41% higher than that of the company.
Cover Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cover Technologies' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Cover Technologies could also be used in its relative valuation, which is a method of valuing Cover Technologies by comparing valuation metrics of similar companies.Cover Technologies is currently under evaluation in net income category among its peers.
Cover Fundamentals
| Return On Equity | -35.06 | |||
| Return On Asset | -0.68 | |||
| Current Valuation | 331.26 K | |||
| Shares Outstanding | 5.52 M | |||
| Shares Owned By Insiders | 43.77 % | |||
| Price To Earning | (6.14) X | |||
| Price To Book | 14.19 X | |||
| Gross Profit | (200 K) | |||
| EBITDA | (2.28 M) | |||
| Net Income | (2.36 M) | |||
| Cash And Equivalents | 572.84 K | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 2.96 K | |||
| Debt To Equity | 1.03 % | |||
| Current Ratio | 0.67 X | |||
| Book Value Per Share | (0.15) X | |||
| Cash Flow From Operations | (1.13 M) | |||
| Earnings Per Share | (1.81) X | |||
| Beta | 0.16 | |||
| Market Capitalization | 755.14 K | |||
| Total Asset | 314.43 K | |||
| Retained Earnings | (8.48 M) | |||
| Working Capital | (30 K) | |||
| Current Asset | 197 K | |||
| Current Liabilities | 227 K | |||
| Z Score | 93.5 | |||
| Net Asset | 314.43 K |
About Cover Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cover Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cover Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cover Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Cover Pink Sheet
Cover Technologies financial ratios help investors to determine whether Cover Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cover with respect to the benefits of owning Cover Technologies security.