Covenant Logistics Group Stock Technical Analysis
| CVLG Stock | USD 26.59 0.48 1.77% |
As of the 24th of January, Covenant Logistics shows the Downside Deviation of 2.21, mean deviation of 1.61, and Risk Adjusted Performance of 0.1141. Covenant Logistics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Covenant Logistics information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Covenant Logistics is priced correctly, providing market reflects its regular price of 26.59 per share. Given that Covenant Logistics has jensen alpha of 0.2151, we suggest you to validate Covenant Logistics Group's prevailing market performance to make sure the company can sustain itself at a future point.
Covenant Logistics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Covenant, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CovenantCovenant Logistics' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Covenant Logistics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 32.0 | Strong Buy | 4 | Odds |
Most Covenant analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Covenant stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Covenant Logistics, talking to its executives and customers, or listening to Covenant conference calls.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Covenant Logistics. If investors know Covenant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Covenant Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 0.265 | Earnings Share 1.07 | Revenue Per Share | Quarterly Revenue Growth 0.031 |
The market value of Covenant Logistics is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Covenant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 10/26/2025 |
| 01/24/2026 |
If you would invest 0.00 in Covenant Logistics on October 26, 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 Universal Logistics, BlueLinx Holdings, Cass Information, Safe Bulkers, Kforce, Compass Diversified, and Ardmore Shpng. 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.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.113 | |||
| Maximum Drawdown | 9.41 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 4.95 |
Covenant Logistics Market Risk Indicators
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.| Risk Adjusted Performance | 0.1141 | |||
| Jensen Alpha | 0.2151 | |||
| Total Risk Alpha | 0.1142 | |||
| Sortino Ratio | 0.1195 | |||
| Treynor Ratio | 0.1938 |
Covenant Logistics January 24, 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 | 0.1141 | |||
| Market Risk Adjusted Performance | 0.2038 | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.8 | |||
| Downside Deviation | 2.21 | |||
| Coefficient Of Variation | 682.63 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.46 | |||
| Information Ratio | 0.113 | |||
| Jensen Alpha | 0.2151 | |||
| Total Risk Alpha | 0.1142 | |||
| Sortino Ratio | 0.1195 | |||
| Treynor Ratio | 0.1938 | |||
| Maximum Drawdown | 9.41 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 4.95 | |||
| Downside Variance | 4.88 | |||
| Semi Variance | 3.25 | |||
| Expected Short fall | (1.87) | |||
| Skewness | (0.17) | |||
| Kurtosis | 3.38 |
Covenant Logistics Backtested Returns
Covenant Logistics appears to be very steady, given 3 months investment horizon. Covenant Logistics secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Covenant Logistics Group, which you can use to evaluate the volatility of the firm. Please makes use of Covenant Logistics' Downside Deviation of 2.21, mean deviation of 1.61, and Risk Adjusted Performance of 0.1141 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 16. The firm shows a Beta (market volatility) of 1.71, 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, Covenant Logistics will likely underperform. Please check Covenant Logistics' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Covenant Logistics' price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Covenant Logistics Group has modest predictability. Overlapping area represents the amount of predictability between Covenant Logistics time series from 26th of October 2025 to 10th of December 2025 and 10th of December 2025 to 24th of January 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 0.5 indicates that about 50.0% of current Covenant Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 2.41 |
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.
Covenant Logistics Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Covenant Logistics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Covenant Logistics Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Covenant Logistics Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Covenant Logistics Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Covenant Logistics price pattern first instead of the macroeconomic environment surrounding Covenant Logistics. By analyzing Covenant Logistics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Covenant Logistics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Covenant Logistics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.009623 | 0.008084 | 0.009296 | 0.009523 | Price To Sales Ratio | 0.54 | 0.63 | 0.73 | 0.5 |
Covenant Logistics January 24, 2026 Technical Indicators
Most technical analysis of Covenant 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 Covenant from various momentum indicators to cycle indicators. When you analyze Covenant charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1141 | |||
| Market Risk Adjusted Performance | 0.2038 | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.8 | |||
| Downside Deviation | 2.21 | |||
| Coefficient Of Variation | 682.63 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.46 | |||
| Information Ratio | 0.113 | |||
| Jensen Alpha | 0.2151 | |||
| Total Risk Alpha | 0.1142 | |||
| Sortino Ratio | 0.1195 | |||
| Treynor Ratio | 0.1938 | |||
| Maximum Drawdown | 9.41 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 4.95 | |||
| Downside Variance | 4.88 | |||
| Semi Variance | 3.25 | |||
| Expected Short fall | (1.87) | |||
| Skewness | (0.17) | |||
| Kurtosis | 3.38 |
Covenant Logistics January 24, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Covenant stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4,958 | ||
| Daily Balance Of Power | (0.71) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 26.70 | ||
| Day Typical Price | 26.66 | ||
| Price Action Indicator | (0.35) |
Complementary Tools for Covenant Stock analysis
When running Covenant Logistics' price analysis, check to measure Covenant Logistics' 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 Covenant Logistics is operating at the current time. Most of Covenant Logistics' value examination focuses on studying past and present price action to predict the probability of Covenant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covenant Logistics' price. Additionally, you may evaluate how the addition of Covenant Logistics to your portfolios can decrease your overall portfolio volatility.
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