Converge Technology Financials
| CTSDF Stock | USD 2.30 0.09 3.77% |
With this module, you can analyze Converge financials for your investing period. You should be able to track the changes in Converge Technology individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Converge |
Understanding current and past Converge Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Converge Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Converge Technology's assets may result in an increase in income on the income statement.
The data published in Converge Technology's official financial statements typically reflect Converge Technology's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Converge Technology's quantitative information. For example, before you start analyzing numbers published by Converge accountants, it's essential to understand Converge Technology's liquidity, profitability, and earnings quality within the context of the Technology space in which it operates.
Converge Technology Stock Summary
Converge Technology competes with Appen, Appen, Direct Communication, Capgemini, and CSE Global. Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions for corporate and government institutions in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Gatineau, Canada. Converge Technology is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| ISIN | CA21250C1068 |
| Business Address | 85 rue Victoria, |
| Sector | Technology |
| Industry | Information Technology Services |
| Benchmark | Dow Jones Industrial |
| Website | www.convergetp.com |
| Phone | 416 360 1495 |
| Currency | USD - US Dollar |
Converge Technology Key Financial Ratios
There are many critical financial ratios that Converge Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Converge Technology reports annually and quarterly.| Return On Equity | 0.0554 | |||
| Return On Asset | 0.0217 | |||
| Number Of Employees | 14 | |||
| Beta | 1.94 |
Converge Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Converge Technology's current stock value. Our valuation model uses many indicators to compare Converge Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Converge Technology competition to find correlations between indicators driving Converge Technology's intrinsic value. More Info.Converge Technology Solutions is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Converge Technology Solutions is roughly 2.55 . 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 Technology's earnings, one of the primary drivers of an investment's value.Converge Technology Systematic Risk
Converge Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Converge Technology 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Converge Technology correlated with the market. If Beta is less than 0 Converge Technology generally moves in the opposite direction as compared to the market. If Converge Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Converge Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Converge Technology is generally in the same direction as the market. If Beta > 1 Converge Technology moves generally in the same direction as, but more than the movement of the benchmark.
Converge Technology December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Converge Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Converge Technology Solutions. We use our internally-developed statistical techniques to arrive at the intrinsic value of Converge Technology Solutions based on widely used predictive technical indicators. In general, we focus on analyzing Converge OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Converge Technology's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 33.69 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 3.26 |
Complementary Tools for Converge OTC Stock analysis
When running Converge Technology's price analysis, check to measure Converge Technology'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 Technology is operating at the current time. Most of Converge Technology's value examination focuses on studying past and present price action to predict the probability of Converge Technology'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 Technology's price. Additionally, you may evaluate how the addition of Converge Technology to your portfolios can decrease your overall portfolio volatility.
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