Covenant Logistics' market value is the price at which a share of Covenant Logistics trades on a public exchange. It measures the collective expectations of Covenant Logistics Group investors about its performance. Covenant Logistics is trading at 24.20 as of the 7th of February 2026. This is a 0.83 percent increase since the beginning of the trading day. The stock's lowest day price was 24.2. With this module, you can estimate the performance of a buy and hold strategy of Covenant Logistics Group and determine expected loss or profit from investing in Covenant Logistics over a given investment horizon. Check out Covenant Logistics Correlation, Covenant Logistics Volatility and Covenant Logistics Performance module to complement your research on Covenant Logistics.
It's important to distinguish between Covenant Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Covenant Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Covenant Logistics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Covenant Logistics '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 Covenant Logistics' stock 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 Covenant Logistics.
0.00
11/09/2025
No Change 0.00
0.0
In 2 months and 31 days
02/07/2026
0.00
If you would invest 0.00 in Covenant Logistics on November 9, 2025 and sell it all today you would earn a total of 0.00 from holding Covenant Logistics Group or generate 0.0% return on investment in Covenant Logistics over 90 days. Covenant Logistics is related to or competes with SYSTEMAIR, Ryanair Holdings, UNITED UTILITIES, Infrastrutture Wireless, Tencent Music, UNIVMUSIC GRPADR050, and MOVIE GAMES. Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the Un... More
Covenant Logistics 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 Covenant Logistics' stock 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 Covenant Logistics Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Covenant Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Covenant Logistics' standard deviation. In reality, there are many statistical measures that can use Covenant Logistics historical prices to predict the future Covenant Logistics' volatility.
Covenant Logistics appears to be very steady, given 3 months investment horizon. Covenant Logistics secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23 % return per unit of risk over the last 3 months. By analyzing Covenant Logistics' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Covenant Logistics' Downside Deviation of 2.26, risk adjusted performance of 0.1741, and Mean Deviation of 1.96 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Covenant Logistics holds a performance score of 18. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Covenant Logistics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Covenant Logistics is expected to be smaller as well. Please check Covenant Logistics' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Covenant Logistics' price patterns will revert.
Auto-correlation
0.55
Modest predictability
Covenant Logistics Group has modest predictability. Overlapping area represents the amount of predictability between Covenant Logistics time series from 9th of November 2025 to 24th of December 2025 and 24th of December 2025 to 7th 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 Covenant Logistics price movement. The serial correlation of 0.55 indicates that about 55.0% of current Covenant Logistics price fluctuation can be explain by its past prices.
When determining whether Covenant Logistics is a strong investment it is important to analyze Covenant Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Covenant Logistics' future performance. For an informed investment choice regarding Covenant Stock, refer to the following important reports:
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Covenant Logistics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Covenant Logistics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Covenant Logistics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...