Covenant Logistics Potential Upside
| CVLG Stock | | | USD 32.59 1.01 3.20% |
Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument. Below is Covenant Logistics's current Potential Upside with peer comparisons and related risk metrics.
Current Potential Upside Value
At 4.42, Covenant Logistics exhibits modest estimated upside from current levels in Potential Upside. Covenant Logistics trades near but slightly below the model-derived fair value estimate.
Potential Upside | = | 1PM2PM |
| = | 4.42 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Potential Upside Peers Comparison
Relative to peers, Covenant Logistics's Potential Upside is below the group average of 5.84. Peer readings range from 2.81 (Cass Information Systems) to 9.32 (Compass Diversified Holdings), reflecting wide dispersion across the sector. Covenant Logistics shows less estimated upside from current levels than the peer average.
Potential Upside Relative To Other Indicators
The chart below plots Potential Upside against Maximum Drawdown for Covenant Logistics and its peers. Each point represents one equity — position along the horizontal axis shows Potential Upside while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Covenant Logistics records a Potential Upside of
4.42 and a Maximum Drawdown of
18.66 , yielding roughly
4.22 units of Maximum Drawdown per Potential Upside. This indicates Maximum Drawdown is significantly higher than Potential Upside for Covenant Logistics.
Methodology, Assumptions & Data Sources
The current Potential Upside for Covenant Logistics is 4.42. The Potential Upside for Covenant Logistics is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Covenant Logistics operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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