Converge Technology Solutions Stock Analysis

Converge OTC Stock Analysis Notes

About 32.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.68. Some equities with similar Price to Book (P/B) outperform the market in the long run. Converge Technology had not issued any dividends in recent years. 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.The quote for Converge Technology Solutions is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Converge Technology Solutions please contact Greg Berard at 416 360 1495 or go to https://www.convergetp.com.

Converge Technology Investment Alerts

Converge Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 850.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Converge Technology's market, we take the total number of its shares issued and multiply it by Converge Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Converge Profitablity

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Technical Drivers

As of the 25th of December, Converge Technology shows the Risk Adjusted Performance of (0.08), standard deviation of 4.07, and Mean Deviation of 2.41. Converge Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for Converge Technology Solutions, which can be compared to its peers. Please confirm Converge Technology variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Converge Technology is priced correctly, providing market reflects its regular price of 2.21 per share. Please also double-check Converge Technology Solutions jensen alpha, which is currently at (0.48) to validate the company can sustain itself at a future point.

Converge Technology Price Movement Analysis

Converge Technology Outstanding Bonds

Converge Technology Predictive Daily Indicators

Converge Technology Forecast Models

Converge Technology's time-series forecasting models are one of many Converge Technology's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Converge Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Converge Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Converge shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Converge Technology. By using and applying Converge OTC Stock analysis, traders can create a robust methodology for identifying Converge entry and exit points for their positions.

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.