Covestro (Germany) Price History
1COV Stock | EUR 48.00 0.62 1.28% |
If you're considering investing in Covestro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Covestro stands at 48.00, as last reported on the 24th of April, with the highest price reaching 48.83 and the lowest price hitting 48.00 during the day. We consider Covestro very steady. Covestro AG secures Sharpe Ratio (or Efficiency) of 0.0331, which signifies that the company had a 0.0331% return per unit of risk over the last 3 months. We have found thirty technical indicators for Covestro AG, which you can use to evaluate the volatility of the firm. Please confirm Covestro's Downside Deviation of 1.47, risk adjusted performance of 0.0285, and Mean Deviation of 1.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.0541%.
Covestro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Covestro |
Sharpe Ratio = 0.0331
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Cash | Small Risk | 1COV | High Risk | Huge Risk |
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Estimated Market Risk
1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Covestro is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Covestro by adding it to a well-diversified portfolio.
Covestro Stock Price History Chart
There are several ways to analyze Covestro Stock price data. The simplest method is using a basic Covestro candlestick price chart, which shows Covestro price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | April 8, 2024 | 52.0 |
Lowest Price | February 2, 2024 | 45.74 |
Covestro April 24, 2024 Stock Price Synopsis
Various analyses of Covestro's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Covestro Stock. It can be used to describe the percentage change in the price of Covestro from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Covestro Stock.Covestro Price Rate Of Daily Change | 0.99 | |
Covestro Price Daily Balance Of Power | (0.75) | |
Covestro Market Facilitation Index | 0 | |
Covestro Accumulation Distribution | 9.52 | |
Covestro Price Action Indicator | (0.72) |
Covestro April 24, 2024 Stock Price Analysis
Covestro Stock Price History Data
The price series of Covestro for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 6.26 with a coefficient of variation of 2.63. The prices are distributed with arithmetic mean of 49.11. The median price for the last 90 days is 48.95. The company issued dividends on 2022-04-22.Open | High | Low | Close | Volume | ||
04/24/2024 | 48.83 | 48.83 | 48.00 | 48.00 | 560.00 | |
04/23/2024 | 48.62 | 48.64 | 48.28 | 48.62 | 523.00 | |
04/22/2024 | 48.61 | 48.70 | 48.61 | 48.70 | 50.00 | |
04/19/2024 | 49.16 | 49.50 | 48.51 | 48.51 | 6,258 | |
04/18/2024 | 50.46 | 50.46 | 49.78 | 49.78 | 12,819 | |
04/17/2024 | 50.82 | 50.92 | 50.40 | 50.44 | 1,693 | |
04/16/2024 | 50.12 | 51.06 | 50.12 | 50.78 | 525.00 | |
04/15/2024 | 49.66 | 50.30 | 49.66 | 50.30 | 332.00 | |
04/12/2024 | 49.86 | 50.20 | 49.86 | 50.20 | 1,000.00 | |
04/11/2024 | 50.92 | 50.92 | 49.80 | 49.80 | 540.00 | |
04/10/2024 | 51.66 | 51.76 | 50.94 | 50.94 | 1,152 | |
04/09/2024 | 52.08 | 52.08 | 51.46 | 51.50 | 449.00 | |
04/08/2024 | 51.18 | 52.22 | 51.18 | 52.00 | 910.00 | |
04/05/2024 | 51.10 | 51.52 | 50.96 | 50.96 | 680.00 | |
04/04/2024 | 51.20 | 51.76 | 51.14 | 51.14 | 1,565 | |
04/03/2024 | 50.30 | 51.38 | 50.30 | 51.14 | 325.00 | |
04/02/2024 | 50.38 | 51.56 | 50.38 | 50.50 | 2,884 | |
03/28/2024 | 50.12 | 50.70 | 49.82 | 50.70 | 2,900 | |
03/27/2024 | 49.78 | 50.14 | 49.75 | 50.14 | 680.00 | |
03/26/2024 | 50.50 | 50.50 | 49.94 | 49.94 | 1,635 | |
03/25/2024 | 50.50 | 50.66 | 50.36 | 50.42 | 2,289 | |
03/22/2024 | 49.71 | 50.54 | 49.69 | 50.54 | 370.00 | |
03/21/2024 | 50.24 | 50.36 | 50.10 | 50.10 | 815.00 | |
03/20/2024 | 48.71 | 50.10 | 48.71 | 49.93 | 2,147 | |
03/19/2024 | 48.17 | 48.17 | 48.17 | 48.17 | 1,092 | |
03/18/2024 | 47.80 | 48.66 | 47.80 | 48.24 | 1,092 | |
03/15/2024 | 47.77 | 47.91 | 47.77 | 47.91 | 875.00 | |
03/14/2024 | 48.48 | 48.57 | 48.45 | 48.45 | 42.00 | |
03/13/2024 | 49.04 | 49.04 | 48.53 | 48.53 | 50.00 | |
03/12/2024 | 48.35 | 48.35 | 48.27 | 48.27 | 245.00 | |
03/11/2024 | 48.98 | 48.98 | 47.99 | 47.99 | 1,002 | |
03/08/2024 | 48.14 | 48.80 | 48.14 | 48.80 | 3,439 | |
03/07/2024 | 48.40 | 48.40 | 48.30 | 48.34 | 218.00 | |
03/06/2024 | 48.68 | 49.41 | 48.52 | 48.52 | 3,752 | |
03/05/2024 | 49.39 | 49.39 | 48.84 | 48.88 | 1,320 | |
03/04/2024 | 49.90 | 50.06 | 49.45 | 49.51 | 1,589 | |
03/01/2024 | 50.28 | 50.44 | 49.75 | 50.22 | 2,260 | |
02/29/2024 | 49.01 | 50.44 | 49.01 | 50.44 | 2,393 | |
02/28/2024 | 49.93 | 49.93 | 49.52 | 49.52 | 100.00 | |
02/27/2024 | 49.92 | 50.44 | 49.92 | 49.99 | 1,671 | |
02/26/2024 | 50.04 | 50.14 | 49.57 | 50.14 | 877.00 | |
02/23/2024 | 50.04 | 50.08 | 49.57 | 49.68 | 2,316 | |
02/22/2024 | 47.71 | 50.40 | 47.66 | 50.10 | 2,587 | |
02/21/2024 | 47.71 | 47.71 | 47.71 | 47.71 | 183.00 | |
02/20/2024 | 46.82 | 47.71 | 46.69 | 47.69 | 183.00 | |
02/19/2024 | 48.05 | 48.05 | 46.84 | 46.84 | 1,065 | |
02/16/2024 | 48.88 | 48.99 | 47.99 | 47.99 | 2,186 | |
02/15/2024 | 48.73 | 49.31 | 48.73 | 48.85 | 635.00 | |
02/14/2024 | 48.52 | 48.69 | 48.40 | 48.44 | 2,069 | |
02/13/2024 | 48.94 | 48.95 | 48.88 | 48.95 | 30.00 | |
02/12/2024 | 48.06 | 49.06 | 48.06 | 49.06 | 2,869 | |
02/09/2024 | 47.86 | 48.22 | 47.86 | 48.22 | 240.00 | |
02/08/2024 | 47.82 | 48.10 | 47.82 | 47.89 | 756.00 | |
02/07/2024 | 48.14 | 48.14 | 48.12 | 48.12 | 200.00 | |
02/06/2024 | 47.16 | 48.11 | 47.16 | 48.11 | 32.00 | |
02/05/2024 | 47.11 | 47.33 | 46.92 | 47.33 | 718.00 | |
02/02/2024 | 47.99 | 47.99 | 45.00 | 45.74 | 1,060 | |
02/01/2024 | 48.69 | 48.69 | 48.31 | 48.31 | 223.00 | |
01/31/2024 | 49.03 | 49.03 | 49.00 | 49.00 | 200.00 | |
01/30/2024 | 49.05 | 49.16 | 48.64 | 49.14 | 1,200 | |
01/29/2024 | 49.29 | 49.29 | 48.43 | 48.64 | 485.00 |
About Covestro Stock history
Covestro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Covestro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Covestro AG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Covestro stock prices may prove useful in developing a viable investing in Covestro
Covestro AG develops, produces, and markets polymer materials for various industries worldwide. Covestro AG was founded in 2005 and is headquartered in Leverkusen, Germany. COVESTRO operates under Specialist Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 17136 people.
Covestro Stock Technical Analysis
Covestro 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.
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Covestro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Covestro's price direction in advance. Along with the technical and fundamental analysis of Covestro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Covestro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0285 | |||
Jensen Alpha | 0.0422 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.7591 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covestro AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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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