COVCF vs MGRX
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is COVCF is a StrongBuy and MGRX is a Hold.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
COVCF’s FA Score shows that 1 FA rating(s) are green whileMGRX’s FA Score has 1 green FA rating(s).
- COVCF’s FA Score: 1 green, 4 red.
- MGRX’s FA Score: 1 green, 4 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
COVCF’s TA Score shows that 3 TA indicator(s) are bullish while MGRX’s TA Score has 4 bullish TA indicator(s).
- COVCF’s TA Score: 3 bullish, 3 bearish.
- MGRX’s TA Score: 4 bullish, 4 bearish.
Price Growth
COVCF (@Packaged Software) experienced а -5.56% price change this week, while MGRX (@Packaged Software) price change was +7.38% for the same time period.
The average weekly price growth across all stocks in the @Packaged Software industry was +3.88%. For the same industry, the average monthly price growth was +10.03%, and the average quarterly price growth was +18.95%.
Reported Earning Dates
MGRX is expected to report earnings on May 10, 2023.
Industries' Descriptions
@Packaged Software (+3.88% weekly)Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.
| COVCF | MGRX | COVCF / MGRX | |
| Capitalization | 1.06B | 4.94M | 21,527% |
| EBITDA | 3.53B | -7.3M | -48,355% |
| Gain YTD | -11.960 | -36.921 | 32% |
| P/E Ratio | 66.67 | N/A | - |
| Revenue | 20.5B | 496K | 4,133,065% |
| Total Cash | N/A | 1.24M | - |
| Total Debt | N/A | 143K | - |
| COVCF | MGRX | |
|---|---|---|
| RSI ODDS (%) | 2 days ago 42% | N/A |
| Stochastic ODDS (%) | 2 days ago 85% | 2 days ago 90% |
| Momentum ODDS (%) | 2 days ago 79% | 2 days ago 90% |
| MACD ODDS (%) | 2 days ago 67% | N/A |
| TrendWeek ODDS (%) | 2 days ago 78% | 2 days ago 88% |
| TrendMonth ODDS (%) | 2 days ago 63% | 2 days ago 90% |
| Advances ODDS (%) | N/A | 2 days ago 90% |
| Declines ODDS (%) | N/A | 9 days ago 86% |
| BollingerBands ODDS (%) | 2 days ago 50% | 2 days ago 90% |
| Aroon ODDS (%) | 2 days ago 57% | 2 days ago 90% |
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CSMCX | 47.33 | 0.28 | +0.60% |
| Congress Small Cap Growth Institutional | |||
| MSOOX | 18.05 | 0.09 | +0.50% |
| MassMutual Small Cap Opps I | |||
| HQIVX | 20.59 | 0.04 | +0.19% |
| Hartford Equity Income R6 | |||
| AFCMX | 16.85 | 0.02 | +0.12% |
| American Century Focused Intl Gr R6 | |||
| MGKIX | 11.58 | N/A | N/A |
| Morgan Stanley Global Permanence I | |||
COVCF and
Correlation & Price change
A.I.dvisor tells us that COVCF and NRDY have been poorly correlated (+29% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that COVCF and NRDY's prices will move in lockstep.
| Ticker / NAME | Correlation To COVCF | 1D Price Change % | ||
|---|---|---|---|---|
| COVCF | 100% | N/A | ||
| NRDY - COVCF | 29% Poorly correlated | +3.55% | ||
| VRNT - COVCF | 29% Poorly correlated | +1.51% | ||
| FIVN - COVCF | 23% Poorly correlated | -0.02% | ||
| INTU - COVCF | 23% Poorly correlated | +0.14% | ||
| RPAY - COVCF | 22% Poorly correlated | +1.03% | ||
More | ||||
MGRX and
Correlation & Price change
A.I.dvisor tells us that MGRX and STNE have been poorly correlated (+23% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MGRX and STNE's prices will move in lockstep.
| Ticker / NAME | Correlation To MGRX | 1D Price Change % | ||
|---|---|---|---|---|
| MGRX | 100% | +3.97% | ||
| STNE - MGRX | 23% Poorly correlated | +2.23% | ||
| SAP - MGRX | 22% Poorly correlated | -0.05% | ||
| COVCF - MGRX | 11% Poorly correlated | N/A | ||
| GEHC - MGRX | 8% Poorly correlated | +0.44% | ||
| KVYO - MGRX | 7% Poorly correlated | -0.37% | ||
More | ||||