Covestro Stock Forecast - Maximum Drawdown
| 1COV Stock | EUR 50.30 0.10 0.20% |
Covestro Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Covestro stock prices and determine the direction of Covestro AG's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Covestro's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Covestro to cross-verify your projections. Covestro |
Most investors in Covestro cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Covestro's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Covestro's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Covestro Volatility | Backtest Covestro | Information Ratio |
Covestro Trading Date Momentum
| On April 16 2024 Covestro AG was traded for 50.30 at the closing time. The maximum traded price for the trading interval was 50.30 and the lowest daily price was 49.66 . There was no trading activity during the period 0.0. Lack of trading volume on 16th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 1.27% . |
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Other Forecasting Options for Covestro
For every potential investor in Covestro, whether a beginner or expert, Covestro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Covestro Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Covestro. Basic forecasting techniques help filter out the noise by identifying Covestro's price trends.Covestro Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Covestro stock to make a market-neutral strategy. Peer analysis of Covestro could also be used in its relative valuation, which is a method of valuing Covestro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Covestro AG Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Covestro's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Covestro's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Covestro Market Strength Events
Market strength indicators help investors to evaluate how Covestro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Covestro shares will generate the highest return on investment. By undertsting and applying Covestro stock market strength indicators, traders can identify Covestro AG entry and exit signals to maximize returns.
Covestro Risk Indicators
The analysis of Covestro's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Covestro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting covestro stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.39 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.59 | |||
| Downside Variance | 2.12 | |||
| Semi Variance | 1.93 | |||
| Expected Short fall | (1.35) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Covestro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Covestro's short interest history, or implied volatility extrapolated from Covestro options trading.
Thematic Opportunities
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Check out Historical Fundamental Analysis of Covestro to cross-verify your projections. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Covestro Stock analysis
When running Covestro's price analysis, check to measure Covestro's 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 Covestro is operating at the current time. Most of Covestro's value examination focuses on studying past and present price action to predict the probability of Covestro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covestro's price. Additionally, you may evaluate how the addition of Covestro to your portfolios can decrease your overall portfolio volatility.
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