COVESTRO Fundamentals

COVESTRO AG O fundamentals help investors to digest information that contributes to COVESTRO's financial success or failures. It also enables traders to predict the movement of COVESTRO Stock. This fundamental analysis module provides a way for investors to measures COVESTRO's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to COVESTRO stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

COVESTRO Fundamentals 

 
Refresh

COVESTRO Beta Analysis

COVESTRO's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current COVESTRO Beta

    
  1.67  
Most of COVESTRO's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, COVESTRO AG O is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

In accordance with the recently published financial statements, COVESTRO AG O has a Beta of 1.67. This is 91.95% higher than that of the Basic Materials sector and 51.82% higher than that of the Specialty Chemicals industry. The beta for all Germany stocks is notably lower than that of the firm.

COVESTRO AG O Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining COVESTRO's current stock value. Our valuation model uses many indicators to compare COVESTRO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across COVESTRO competition to find correlations between indicators driving COVESTRO's intrinsic value. More Info.
COVESTRO AG O is number one stock in working capital category among related companies. It is number one stock in current liabilities category among related companies creating about  1.13  of Current Liabilities per Working Capital. . Comparative valuation analysis is a catch-all model that can be used if you cannot value COVESTRO by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for COVESTRO's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the COVESTRO's earnings, one of the primary drivers of an investment's value.

COVESTRO EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses COVESTRO's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of COVESTRO could also be used in its relative valuation, which is a method of valuing COVESTRO by comparing valuation metrics of similar companies.
COVESTRO is currently under evaluation in ebitda category among related companies.

COVESTRO Fundamentals

COVESTRO Investors Sentiment

The influence of COVESTRO's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in COVESTRO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - 1COV

COVESTRO AG O Investor Sentiment

Most of Macroaxis users are presently bullish on COVESTRO AG O. What is your opinion about investing in COVESTRO AG O? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Check out Trending Equities. Note that the COVESTRO AG O information on this page should be used as a complementary analysis to other COVESTRO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Tools for COVESTRO Stock

When running COVESTRO AG O 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 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.
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go