Cover Technologies Stock Technical Analysis
| MGPRF Stock | USD 0.10 0.01 9.09% |
As of the 28th of February, Cover Technologies shows the Risk Adjusted Performance of 0.1092, downside deviation of 55.23, and Mean Deviation of 151.83. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Cover Technologies, as well as the relationship between them. Please confirm Cover Technologies jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Cover Technologies is priced correctly, providing market reflects its regular price of 0.1 per share. As Cover Technologies appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Cover Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cover, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CoverCover |
Cover Technologies '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 Cover Technologies' pink sheet 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 Cover Technologies.
| 11/30/2025 |
| 02/28/2026 |
If you would invest 0.00 in Cover Technologies on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding Cover Technologies or generate 0.0% return on investment in Cover Technologies over 90 days. Cover Technologies is related to or competes with Silver Elephant, Noram Lithium, and Pan American. Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions More
Cover Technologies 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 Cover Technologies' pink sheet 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 Cover Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 55.23 | |||
| Information Ratio | 0.1295 | |||
| Maximum Drawdown | 4770.38 | |||
| Value At Risk | (24.73) | |||
| Potential Upside | 11.22 |
Cover Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cover Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cover Technologies' standard deviation. In reality, there are many statistical measures that can use Cover Technologies historical prices to predict the future Cover Technologies' volatility.| Risk Adjusted Performance | 0.1092 | |||
| Jensen Alpha | 81.39 | |||
| Total Risk Alpha | 14.66 | |||
| Sortino Ratio | 1.36 | |||
| Treynor Ratio | (0.97) |
Cover Technologies February 28, 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 | 0.1092 | |||
| Market Risk Adjusted Performance | (0.96) | |||
| Mean Deviation | 151.83 | |||
| Semi Deviation | 15.85 | |||
| Downside Deviation | 55.23 | |||
| Coefficient Of Variation | 771.13 | |||
| Standard Deviation | 579.93 | |||
| Variance | 336319.49 | |||
| Information Ratio | 0.1295 | |||
| Jensen Alpha | 81.39 | |||
| Total Risk Alpha | 14.66 | |||
| Sortino Ratio | 1.36 | |||
| Treynor Ratio | (0.97) | |||
| Maximum Drawdown | 4770.38 | |||
| Value At Risk | (24.73) | |||
| Potential Upside | 11.22 | |||
| Downside Variance | 3050.68 | |||
| Semi Variance | 251.34 | |||
| Expected Short fall | (872.81) | |||
| Skewness | 7.99 | |||
| Kurtosis | 64.48 |
Cover Technologies Backtested Returns
Cover Technologies is out of control given 3 months investment horizon. Cover Technologies secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 20.22% are justified by taking the suggested risk. Use Cover Technologies Downside Deviation of 55.23, risk adjusted performance of 0.1092, and Mean Deviation of 151.83 to evaluate company specific risk that cannot be diversified away. Cover Technologies holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -77.54, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cover Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Cover Technologies is expected to outperform it. Use Cover Technologies potential upside, as well as the relationship between the skewness and day typical price , to analyze future returns on Cover Technologies.
Auto-correlation | -0.25 |
Weak reverse predictability
Cover Technologies has weak reverse predictability. Overlapping area represents the amount of predictability between Cover Technologies time series from 30th of November 2025 to 14th of January 2026 and 14th of January 2026 to 28th 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 Cover Technologies price movement. The serial correlation of -0.25 indicates that over 25.0% of current Cover Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cover Technologies technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Cover Technologies Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Cover Technologies across different markets.
About Cover Technologies 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 Cover Technologies 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 Cover Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cover Technologies price pattern first instead of the macroeconomic environment surrounding Cover Technologies. By analyzing Cover Technologies'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 Cover Technologies'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 Cover Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cover Technologies February 28, 2026 Technical Indicators
Most technical analysis of Cover 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 Cover from various momentum indicators to cycle indicators. When you analyze Cover 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 | 0.1092 | |||
| Market Risk Adjusted Performance | (0.96) | |||
| Mean Deviation | 151.83 | |||
| Semi Deviation | 15.85 | |||
| Downside Deviation | 55.23 | |||
| Coefficient Of Variation | 771.13 | |||
| Standard Deviation | 579.93 | |||
| Variance | 336319.49 | |||
| Information Ratio | 0.1295 | |||
| Jensen Alpha | 81.39 | |||
| Total Risk Alpha | 14.66 | |||
| Sortino Ratio | 1.36 | |||
| Treynor Ratio | (0.97) | |||
| Maximum Drawdown | 4770.38 | |||
| Value At Risk | (24.73) | |||
| Potential Upside | 11.22 | |||
| Downside Variance | 3050.68 | |||
| Semi Variance | 251.34 | |||
| Expected Short fall | (872.81) | |||
| Skewness | 7.99 | |||
| Kurtosis | 64.48 |
Cover Technologies February 28, 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 Cover 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 | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.91 | ||
| Day Median Price | 0.10 | ||
| Day Typical Price | 0.10 | ||
| Price Action Indicator | 0.00 |
Complementary Tools for Cover Pink Sheet analysis
When running Cover Technologies' price analysis, check to measure Cover 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 Cover Technologies is operating at the current time. Most of Cover Technologies' value examination focuses on studying past and present price action to predict the probability of Cover Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cover Technologies' price. Additionally, you may evaluate how the addition of Cover Technologies to your portfolios can decrease your overall portfolio volatility.
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