Convatec Group Plc Stock Price on May 25, 2023
| CNVVF Stock | USD 2.95 0.10 3.51% |
If you're considering investing in ConvaTec Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of ConvaTec Group stands at 2.95, as last reported on the 30th of November, with the highest price reaching 3.13 and the lowest price hitting 2.95 during the day. At this point, ConvaTec Group is very risky. ConvaTec Group Plc secures Sharpe Ratio (or Efficiency) of 3.0E-4, which signifies that the company had a 3.0E-4% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for ConvaTec Group Plc, which you can use to evaluate the volatility of the firm. Please confirm ConvaTec Group's Standard Deviation of 4.03, mean deviation of 0.8666, and Risk Adjusted Performance of 0.0084 to double-check if the risk estimate we provide is consistent with the expected return of 0.0014%.
ConvaTec Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
ConvaTec |
Sharpe Ratio = 3.0E-4
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| Negative Returns | CNVVF |
Estimated Market Risk
| 4.09 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ConvaTec Group is not performing at its full potential. However, 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 ConvaTec Group by adding ConvaTec Group to a well-diversified portfolio.
ConvaTec Group Valuation on May 25, 2023
It is possible to determine the worth of ConvaTec Group on a given historical date. On May 25, 2023 ConvaTec was worth 2.8 at the beginning of the trading date compared to the closed value of 2.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ConvaTec Group pink sheet. Still, in general, we apply an absolute valuation method to find ConvaTec Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ConvaTec Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ConvaTec Group's related companies.
| Open | High | Low | Close | Volume | |
| 2.80 | 2.80 | 2.80 | 2.80 | 1.00 | |
05/25/2023 | 2.80 | 2.80 | 2.80 | 2.80 | 1.00 |
| 2.80 | 2.80 | 2.80 | 2.80 | 1.00 |
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ConvaTec Group Trading Date Momentum on May 25, 2023
| On May 26 2023 ConvaTec Group Plc was traded for 2.80 at the closing time. The highest daily price throughout the period was 2.80 and the lowest price was 2.80 . There was no trading activity during the period 1.0. Lack of trading volume on 05/26/2023 did not affect price variability. The overall trading delta to current closing price is 6.07% . |
ConvaTec Group Plc Fundamentals Correlations and Trends
By evaluating ConvaTec Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ConvaTec Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ConvaTec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ConvaTec Group Pink Sheet history
ConvaTec Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ConvaTec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ConvaTec Group Plc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ConvaTec Group stock prices may prove useful in developing a viable investing in ConvaTec Group
ConvaTec Group Plc develops, manufactures, and markets medical products and technologies worldwide. The company was founded in 1978 and is headquartered in Reading, the United Kingdom. Convatec Group operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 10142 people.
ConvaTec Group Pink Sheet Technical Analysis
ConvaTec Group technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
ConvaTec Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ConvaTec Group Plc cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ConvaTec Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ConvaTec Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ConvaTec Group shares will generate the highest return on investment. By undertsting and applying ConvaTec Group pink sheet market strength indicators, traders can identify ConvaTec Group Plc entry and exit signals to maximize returns
ConvaTec Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ConvaTec Group's price direction in advance. Along with the technical and fundamental analysis of ConvaTec Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of ConvaTec to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0084 | |||
| Jensen Alpha | 0.0088 | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 0.0632 |
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Complementary Tools for ConvaTec Pink Sheet analysis
When running ConvaTec Group's price analysis, check to measure ConvaTec Group'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 ConvaTec Group is operating at the current time. Most of ConvaTec Group's value examination focuses on studying past and present price action to predict the probability of ConvaTec Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConvaTec Group's price. Additionally, you may evaluate how the addition of ConvaTec Group to your portfolios can decrease your overall portfolio volatility.
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