Covenant Logistics Group, Stock Price History
| CVLG Stock | USD 52.34 1.10 2.06% |
Below is the normalized historical share price chart for Covenant Logistics Group, extending back to October 28, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Covenant Logistics stands at 52.34, as last reported on the 22nd of September, with the highest price reaching 53.33 and the lowest price hitting 52.34 during the day.
If you're considering investing in Covenant Stock, it is important to understand the factors that can impact its price. At this point, Covenant Logistics is very steady. Covenant Logistics Group, secures Sharpe Ratio (or Efficiency) of 0.0822, which signifies that the company had a 0.0822% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Covenant Logistics Group,, which you can use to evaluate the volatility of the firm. Please confirm Covenant Logistics' Downside Deviation of 1.76, mean deviation of 1.4, and Risk Adjusted Performance of 0.0687 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
At this time, Covenant Logistics' Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. . At this time, Covenant Logistics' Price To Book Ratio is most likely to slightly decrease in the upcoming years. The Covenant Logistics' current Price Fair Value is estimated to increase to 1.53, while Price Earnings To Growth Ratio is forecasted to increase to (0.25). Covenant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 1994 | 200 Day MA 48.2033 | 50 Day MA 52.1626 | Beta 1.342 |
Covenant |
Sharpe Ratio = 0.0822
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CVLG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Covenant Logistics is performing at about 6% 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 Covenant Logistics by adding it to a well-diversified portfolio.
Price Book 1.6438 | Enterprise Value Ebitda 6.8559 | Price Sales 0.6106 | Shares Float 7.8 M | Dividend Share 0.44 |
Covenant Logistics Stock Price History Chart
There are several ways to analyze Covenant Stock price data. The simplest method is using a basic Covenant candlestick price chart, which shows Covenant Logistics 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 | July 26, 2024 | 55.92 |
| Lowest Price | July 9, 2024 | 47.47 |
Covenant Logistics September 22, 2024 Stock Price Synopsis
Various analyses of Covenant Logistics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Covenant Stock. It can be used to describe the percentage change in the price of Covenant Logistics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Covenant Stock.| Covenant Logistics Price Daily Balance Of Power | (1.11) | |
| Covenant Logistics Price Rate Of Daily Change | 0.98 | |
| Covenant Logistics Price Action Indicator | (1.04) |
Covenant Logistics September 22, 2024 Stock Price Analysis
Covenant Stock Price History Data
The price series of Covenant Logistics for the period between Mon, Jun 24, 2024 and Sun, Sep 22, 2024 has a statistical range of 8.74 with a coefficient of variation of 4.03. The prices are distributed with arithmetic mean of 51.17. The median price for the last 90 days is 51.33. The company issued dividends on 2024-09-06.| Open | High | Low | Close | Volume | ||
09/22/2024 | 52.98 | 53.33 | 52.34 | 52.34 | ||
| 09/20/2024 | 52.98 | 53.33 | 52.34 | 52.34 | 154,981 | |
| 09/19/2024 | 53.57 | 53.66 | 52.84 | 53.44 | 32,408 | |
| 09/18/2024 | 52.40 | 53.63 | 52.32 | 52.60 | 28,562 | |
| 09/17/2024 | 52.57 | 53.43 | 52.14 | 52.70 | 35,324 | |
| 09/16/2024 | 52.78 | 52.87 | 51.84 | 52.15 | 34,910 | |
| 09/13/2024 | 51.91 | 52.89 | 51.79 | 52.38 | 50,056 | |
| 09/12/2024 | 51.46 | 51.89 | 51.01 | 51.37 | 40,907 | |
| 09/11/2024 | 50.87 | 51.31 | 49.61 | 51.03 | 50,879 | |
| 09/10/2024 | 51.34 | 51.51 | 50.98 | 51.28 | 30,946 | |
| 09/09/2024 | 50.35 | 51.76 | 50.08 | 51.27 | 35,124 | |
| 09/06/2024 | 51.07 | 51.91 | 50.36 | 50.48 | 26,109 | |
| 09/05/2024 | 52.08 | 52.13 | 50.94 | 51.17 | 48,066 | |
| 09/04/2024 | 52.62 | 52.66 | 51.65 | 52.28 | 31,190 | |
| 09/03/2024 | 52.64 | 53.03 | 51.71 | 52.77 | 39,150 | |
| 08/30/2024 | 52.14 | 52.66 | 51.21 | 52.56 | 53,126 | |
| 08/29/2024 | 52.75 | 53.00 | 51.99 | 52.11 | 35,168 | |
| 08/28/2024 | 51.91 | 52.46 | 51.50 | 52.21 | 41,371 | |
| 08/27/2024 | 52.44 | 52.57 | 51.80 | 52.19 | 30,530 | |
| 08/26/2024 | 54.29 | 54.29 | 52.48 | 52.54 | 53,371 | |
| 08/23/2024 | 52.84 | 53.83 | 52.56 | 53.71 | 38,522 | |
| 08/22/2024 | 52.17 | 52.60 | 51.71 | 51.87 | 25,902 | |
| 08/21/2024 | 52.23 | 52.35 | 51.68 | 52.35 | 30,052 | |
| 08/20/2024 | 52.27 | 52.27 | 51.34 | 51.69 | 44,176 | |
| 08/19/2024 | 53.00 | 53.00 | 51.98 | 52.27 | 47,002 | |
| 08/16/2024 | 52.73 | 52.78 | 51.72 | 52.65 | 27,043 | |
| 08/15/2024 | 52.25 | 53.09 | 52.20 | 52.58 | 53,386 | |
| 08/14/2024 | 50.42 | 51.47 | 50.42 | 51.27 | 31,805 | |
| 08/13/2024 | 51.25 | 51.25 | 50.20 | 51.11 | 36,047 | |
| 08/12/2024 | 50.45 | 50.58 | 49.55 | 50.49 | 37,435 | |
| 08/09/2024 | 51.29 | 51.29 | 50.16 | 50.60 | 36,160 | |
| 08/08/2024 | 50.40 | 51.59 | 50.23 | 51.54 | 44,498 | |
| 08/07/2024 | 51.50 | 51.59 | 49.54 | 50.15 | 48,228 | |
| 08/06/2024 | 50.84 | 52.21 | 50.84 | 51.38 | 52,096 | |
| 08/05/2024 | 49.91 | 51.65 | 48.97 | 50.54 | 68,981 | |
| 08/02/2024 | 52.23 | 52.52 | 51.38 | 51.95 | 49,137 | |
| 08/01/2024 | 55.74 | 55.74 | 53.29 | 53.79 | 46,314 | |
| 07/31/2024 | 55.70 | 56.84 | 55.21 | 55.83 | 54,183 | |
| 07/30/2024 | 54.88 | 56.32 | 54.66 | 55.43 | 63,620 | |
| 07/29/2024 | 55.55 | 56.78 | 54.05 | 54.57 | 89,468 | |
| 07/26/2024 | 55.88 | 56.77 | 55.09 | 55.92 | 125,088 | |
| 07/25/2024 | 52.02 | 55.29 | 51.35 | 54.83 | 208,624 | |
| 07/24/2024 | 51.42 | 52.10 | 50.58 | 50.65 | 75,366 | |
| 07/23/2024 | 51.13 | 51.70 | 50.94 | 51.33 | 58,539 | |
| 07/22/2024 | 50.60 | 51.20 | 50.13 | 51.13 | 50,015 | |
| 07/19/2024 | 50.51 | 50.74 | 49.71 | 50.59 | 36,422 | |
| 07/18/2024 | 51.29 | 51.81 | 50.32 | 50.40 | 30,949 | |
| 07/17/2024 | 51.87 | 52.14 | 50.97 | 51.74 | 46,719 | |
| 07/16/2024 | 51.10 | 52.18 | 50.77 | 52.16 | 63,990 | |
| 07/15/2024 | 50.29 | 51.21 | 50.27 | 50.57 | 47,215 | |
| 07/12/2024 | 50.26 | 50.65 | 49.65 | 49.81 | 47,048 | |
| 07/11/2024 | 48.91 | 50.16 | 48.59 | 49.73 | 44,270 | |
| 07/10/2024 | 47.46 | 48.36 | 47.46 | 48.34 | 42,719 | |
| 07/09/2024 | 47.93 | 47.93 | 47.10 | 47.47 | 49,785 | |
| 07/08/2024 | 48.30 | 48.30 | 47.57 | 48.26 | 29,440 | |
| 07/05/2024 | 49.00 | 49.00 | 47.72 | 48.02 | 46,753 | |
| 07/03/2024 | 48.84 | 49.42 | 48.58 | 49.12 | 25,700 | |
| 07/02/2024 | 48.70 | 49.15 | 48.42 | 48.94 | 28,645 | |
| 07/01/2024 | 49.07 | 49.07 | 48.40 | 48.56 | 32,274 | |
| 06/28/2024 | 48.59 | 49.18 | 48.35 | 49.18 | 171,775 | |
| 06/27/2024 | 48.69 | 48.92 | 48.21 | 48.50 | 31,354 |
About Covenant Logistics Stock history
Covenant Logistics 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 Covenant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Covenant Logistics Group, 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 Covenant Logistics stock prices may prove useful in developing a viable investing in Covenant Logistics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.8 M | 16.6 M | |
| Net Income Applicable To Common Shares | 125 M | 131.2 M |
Covenant Logistics Quarterly Net Working Capital |
|
Covenant Logistics Stock Technical Analysis
Covenant Logistics 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.
Did you try this?
Run Portfolio Suggestion Now
Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
Covenant Logistics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Covenant Logistics' price direction in advance. Along with the technical and fundamental analysis of Covenant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Covenant 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 | 0.0687 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0136 | |||
| Treynor Ratio | 0.1016 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Covenant Stock analysis
When running Covenant Logistics' price analysis, check to measure Covenant Logistics' 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 Covenant Logistics is operating at the current time. Most of Covenant Logistics' value examination focuses on studying past and present price action to predict the probability of Covenant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covenant Logistics' price. Additionally, you may evaluate how the addition of Covenant Logistics to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |