Converge Technology Financials
| CTS Stock | CAD 3.49 0.06 1.69% |
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.
Converge Technology Stock Summary
Converge Technology competes with Dye Durham, Docebo, Topicus, and Goeasy. 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 Toronto Stock Exchange in Canada.| Foreign Associate | USA |
Specialization | Information Technology, Information Technology Services |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA21250C1068 |
| Business Address | 161 Bay Street, |
| Sector | IT Services |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.convergetp.com |
| Phone | 416 360 1495 |
| Currency | CAD - Canadian Dollar |
You should never invest in Converge Technology 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 Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Converge Technology Key Financial Ratios
Converge Technology's financial ratios allow both analysts and investors to convert raw data from Converge Technology's financial statements into concise, actionable information that can be used to evaluate the performance of Converge Technology over time and compare it to other companies across industries.| Return On Equity | -0.33 | ||||
| Return On Asset | 0.0162 | ||||
| Target Price | 4.93 | ||||
| Beta | 1.81 |
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 number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Converge Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Converge Technology's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. 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 Thematic Clasifications
Converge Technology Solutions is part of Computers investing theme. 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. USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Computers | View |
Converge Technology January 18, 2025 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 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 | (0.09) | |||
| Maximum Drawdown | 23.74 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 5.41 |
Other Information on Investing in Converge Stock
Converge Technology financial ratios help investors to determine whether Converge Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Converge with respect to the benefits of owning Converge Technology security.