Converge Information (Philippines) Buy Hold or Sell Recommendation
| CNVRG Stock | 17.34 0.64 3.83% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Converge Information Communications is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Converge Information Communications within the specified time frame.
Check out Converge Information Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Converge and provide practical buy, sell, or hold advice based on investors' constraints. Converge Information Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Converge |
Execute Converge Information Buy or Sell Advice
The Converge recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Converge Information Communications. Macroaxis does not own or have any residual interests in Converge Information Communications or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Converge Information's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Converge Information thematic classifications
 | ISPInternet Service Providers | |
 | WirelessWireless technology and communications | |
 | Data StorageData Storage |
Converge Information Returns Distribution Density
The distribution of Converge Information's historical returns is an attempt to chart the uncertainty of Converge Information's future price movements. The chart of the probability distribution of Converge Information daily returns describes the distribution of returns around its average expected value. We use Converge Information Communications price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Converge Information returns is essential to provide solid investment advice for Converge Information.
| Mean Return | 0.03 | Value At Risk | -3.88 | Potential Upside | 4.07 | Standard Deviation | 2.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Converge Information historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Converge Information Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Converge Information or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Converge Information's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Converge stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 2.60 | |
Ir | Information ratio | 0.05 |
Converge Information Volatility Alert
Converge Information Communications currently demonstrates below-average downside deviation. It has Information Ratio of 0.05 and Jensen Alpha of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Converge Information's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Converge Information's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Converge Information Fundamentals Vs Peers
Comparing Converge Information's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Converge Information's direct or indirect competition across all of the common fundamentals between Converge Information and the related equities. This way, we can detect undervalued stocks with similar characteristics as Converge Information or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Converge Information's fundamental indicators could also be used in its relative valuation, which is a method of valuing Converge Information by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Converge Information to competition |
| Fundamentals | Converge Information | Peer Average |
| Return On Equity | 24.7 | -0.31 |
| Revenue | 26.48 B | 9.43 B |
| Net Income | 9.55 B | 570.98 M |
| Cash And Equivalents | 1.23 B | 2.7 B |
| Total Debt | 19.24 B | 5.32 B |
| Cash Flow From Operations | 7.65 B | 971.22 M |
| Earnings Per Share | 1.05 X | 3.12 X |
| Market Capitalization | 87.2 B | 19.03 B |
| Total Asset | 81.86 B | 29.47 B |
| Z Score | 2.4 | 8.72 |
| Net Asset | 81.86 B |
Converge Information Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Converge . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 457709.0 | |||
| Daily Balance Of Power | 0.7619 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 17.12 | |||
| Day Typical Price | 17.19 | |||
| Price Action Indicator | 0.54 | |||
| Period Momentum Indicator | 0.64 |
About Converge Information Buy or Sell Advice
When is the right time to buy or sell Converge Information Communications? Buying financial instruments such as Converge Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.