Converge Information (Philippines) Performance
| CNVRG Stock | 16.40 0.44 2.76% |
Converge Information has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Converge Information are expected to decrease at a much lower rate. During the bear market, Converge Information is likely to outperform the market. Converge Information right now shows a risk of 2.47%. Please confirm Converge Information semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Converge Information will be following its price patterns.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Converge Information Communications are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain basic indicators, Converge Information may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Price Earnings Ratio | 12.6328 | |
| Total Cashflows From Investing Activities | -19.9 B |
Converge |
Converge Information Relative Risk vs. Return Landscape
If you would invest 1,494 in Converge Information Communications on September 1, 2024 and sell it today you would earn a total of 146.00 from holding Converge Information Communications or generate 9.77% return on investment over 90 days. Converge Information Communications is generating 0.1757% of daily returns and assumes 2.47% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Converge, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Converge Information Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Converge Information's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Converge Information Communications, and traders can use it to determine the average amount a Converge Information's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0711
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Converge Information is performing at about 5% 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 Converge Information by adding it to a well-diversified portfolio.
Converge Information Fundamentals Growth
Converge Stock prices reflect investors' perceptions of the future prospects and financial health of Converge Information, and Converge Information fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Converge Stock performance.
| Return On Equity | 24.7 | |||
| Revenue | 26.48 B | |||
| Cash And Equivalents | 1.23 B | |||
| Total Debt | 19.24 B | |||
| Cash Flow From Operations | 7.65 B | |||
| Earnings Per Share | 1.05 X | |||
| Total Asset | 81.86 B | |||
About Converge Information Performance
Assessing Converge Information's fundamental ratios provides investors with valuable insights into Converge Information's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Converge Information is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Converge Information performance evaluation
Checking the ongoing alerts about Converge Information for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Converge Information help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Converge Information's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Converge Information's stock performance include:- Analyzing Converge Information's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Converge Information's stock is overvalued or undervalued compared to its peers.
- Examining Converge Information's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Converge Information's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Converge Information's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Converge Information's stock. These opinions can provide insight into Converge Information's potential for growth and whether the stock is currently undervalued or overvalued.
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.