Converge Information Financials
| CNVRG Stock | 15.96 0.64 3.86% |
Converge |
Understanding current and past Converge Information Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Converge Information's financial statements are interrelated, with each one affecting the others. For example, an increase in Converge Information's assets may result in an increase in income on the income statement.
| Instrument | Philippines Stock View All |
| Exchange | Philippine Stock Exchange |
| ISIN | PHY1757W1054 |
| Sector | Technology |
| Industry | Telecommunications Services |
| Benchmark | Dow Jones Industrial |
You should never invest in Converge Information without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Converge Stock, because this is throwing your money away. Analyzing the key information contained in Converge Information's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Converge Information Key Financial Ratios
Converge Information's financial ratios allow both analysts and investors to convert raw data from Converge Information's financial statements into concise, actionable information that can be used to evaluate the performance of Converge Information over time and compare it to other companies across industries.Converge Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Converge Information's current stock value. Our valuation model uses many indicators to compare Converge Information value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Converge Information competition to find correlations between indicators driving Converge Information's intrinsic value. More Info.Converge Information Communications is number one stock in return on equity category among its peers. It also is the top company in revenue category among its peers totaling about 1,072,119,331 of Revenue per Return On Equity. 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 Converge Information's earnings, one of the primary drivers of an investment's value.Converge Information Systematic Risk
Converge Information's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Converge Information volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Converge Information correlated with the market. If Beta is less than 0 Converge Information generally moves in the opposite direction as compared to the market. If Converge Information Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Converge Information is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Converge Information is generally in the same direction as the market. If Beta > 1 Converge Information moves generally in the same direction as, but more than the movement of the benchmark.
Converge Information Thematic Clasifications
Converge Information Communications is part of several thematic ideas from Data Storage to Wireless. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasConverge Information November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Converge Information help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Converge Information Communications. We use our internally-developed statistical techniques to arrive at the intrinsic value of Converge Information Communications based on widely used predictive technical indicators. In general, we focus on analyzing Converge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Converge Information's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.029 | |||
| Maximum Drawdown | 11.77 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 4.78 |
Additional Tools for Converge Stock Analysis
When running Converge Information's price analysis, check to measure Converge Information'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 Converge Information is operating at the current time. Most of Converge Information's value examination focuses on studying past and present price action to predict the probability of Converge Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Converge Information's price. Additionally, you may evaluate how the addition of Converge Information to your portfolios can decrease your overall portfolio volatility.