Covestro (Germany) Statistic Functions Variance

1COV Stock  EUR 50.14  0.20  0.40%   
Covestro statistic functions tool provides the execution environment for running the Variance function and other technical functions against Covestro. Covestro value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. Covestro statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Covestro AG Variance is a measurement of the price spread between periods of Covestro price series.

Covestro Technical Analysis Modules

Most technical analysis of Covestro 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 Covestro from various momentum indicators to cycle indicators. When you analyze Covestro charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Covestro Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Covestro AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Covestro AG based on widely used predictive technical indicators. In general, we focus on analyzing Covestro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Covestro's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Covestro's intrinsic value. In addition to deriving basic predictive indicators for Covestro, we also check how macroeconomic factors affect Covestro price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Covestro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
48.5350.1451.75
Details
Intrinsic
Valuation
LowRealHigh
48.1049.7051.32
Details
Naive
Forecast
LowNextHigh
49.7351.3452.95
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.8850.0750.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Covestro. Your research has to be compared to or analyzed against Covestro's peers to derive any actionable benefits. When done correctly, Covestro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Covestro AG.

Align your values with your investing style

In addition to having Covestro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Driverless Cars Idea
Driverless Cars
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested a lot of shares
Impulse Idea
Impulse
Invested over 100 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Please note, there is a significant difference between Covestro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Covestro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covestro's 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.