Covalon Technologies Stock Performance
| CVALF Stock | USD 1.37 0.13 10.48% |
The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Covalon Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Covalon Technologies is expected to be smaller as well. Covalon Technologies right now shows a risk of 3.46%. Please confirm Covalon Technologies skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Covalon Technologies will be following its price patterns.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Covalon Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable essential indicators, Covalon Technologies is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Covalon |
Covalon Technologies Relative Risk vs. Return Landscape
If you would invest 139.00 in Covalon Technologies on October 7, 2025 and sell it today you would lose (2.00) from holding Covalon Technologies or give up 1.44% of portfolio value over 90 days. Covalon Technologies is currently producing 0.0351% returns and takes up 3.459% volatility of returns over 90 trading days. Put another way, 31% of traded otc stocks are less volatile than Covalon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Covalon Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Covalon Technologies' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Covalon Technologies, and traders can use it to determine the average amount a Covalon 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 = 0.0102
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CVALF |
Based on monthly moving average Covalon 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 Covalon Technologies by adding Covalon Technologies to a well-diversified portfolio.
Covalon Technologies Fundamentals Growth
Covalon OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Covalon Technologies, and Covalon 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 Covalon OTC Stock performance.
| Return On Equity | -0.32 | |||
| Return On Asset | -0.16 | |||
| Profit Margin | (0.53) % | |||
| Operating Margin | (0.50) % | |||
| Current Valuation | 35.37 M | |||
| Shares Outstanding | 25.07 M | |||
| Price To Earning | 37.95 X | |||
| Price To Book | 2.12 X | |||
| Price To Sales | 2.30 X | |||
| Revenue | 18.15 M | |||
| EBITDA | (8.11 M) | |||
| Cash And Equivalents | 14.04 M | |||
| Cash Per Share | 0.55 X | |||
| Total Debt | 2.25 M | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 0.96 X | |||
| Cash Flow From Operations | (7.99 M) | |||
| Earnings Per Share | 0.05 X | |||
| Total Asset | 30.38 M | |||
About Covalon Technologies Performance
By analyzing Covalon Technologies' fundamental ratios, stakeholders can gain valuable insights into Covalon Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Covalon 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 Covalon Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Covalon Technologies Ltd. researches, develops, manufactures, commercializes, and licenses medical technologies and products in the United States, Canada, Europe, the Middle East, Asia, Latin America, and internationally. It serves hospitals, wound care centers, burn centers, extendedalternate care and acute care facilities, home health care agencies, and physicians offices. Covalon Tech operates under Biotechnology classification in the United States and is traded on OTC Exchange.Things to note about Covalon Technologies performance evaluation
Checking the ongoing alerts about Covalon Technologies for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Covalon Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Covalon Technologies may become a speculative penny stock | |
| Covalon Technologies had very high historical volatility over the last 90 days | |
| The company reported the revenue of 18.15 M. Net Loss for the year was (9.66 M) with profit before overhead, payroll, taxes, and interest of 7.49 M. | |
| Covalon Technologies has accumulated about 14.04 M in cash with (7.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55. | |
| Roughly 57.0% of the company shares are held by company insiders |
- Analyzing Covalon 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 Covalon Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Covalon 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 Covalon Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Covalon Technologies' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Covalon Technologies' otc stock. These opinions can provide insight into Covalon Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Covalon OTC Stock analysis
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.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |