Covalon Technologies Stock Statistic Functions Variance

COV Stock  CAD 3.79  0.04  1.04%   
Covalon Technologies statistic functions tool provides the execution environment for running the Variance function and other technical functions against Covalon Technologies. Covalon Technologies value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. Covalon Technologies statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was two with a total number of output elements of fifty-nine. Covalon Technologies Variance is a measurement of the price spread between periods of Covalon Technologies price series.

Covalon Technologies Technical Analysis Modules

Most technical analysis of Covalon Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Covalon from various momentum indicators to cycle 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.

About Covalon Technologies Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Covalon Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Covalon Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Covalon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Covalon Technologies's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Covalon Technologies's intrinsic value. In addition to deriving basic predictive indicators for Covalon Technologies, we also check how macroeconomic factors affect Covalon Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Days Sales Outstanding84.5797.2679.64
PTB Ratio1.982.272.16
Hype
Prediction
LowEstimatedHigh
1.093.796.49
Details
Intrinsic
Valuation
LowRealHigh
1.103.806.50
Details
Naive
Forecast
LowNextHigh
0.973.676.37
Details

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Additional Tools for Covalon 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.