Converge Technology Solutions Performance

CTSDFDelisted Stock  USD 4.32  0.00  0.00%   
The firm shows a Beta (market volatility) of -2.4, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Converge Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Converge Technology is expected to outperform it. Converge Technology right now shows a risk of 0.0%. Please confirm Converge Technology total risk alpha, downside variance, day median price, as well as the relationship between the maximum drawdown and skewness , to decide if Converge Technology will be following its price patterns.

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days Converge Technology Solutions has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Converge Technology is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Begin Period Cash Flow64.8 M
Total Cashflows From Investing Activities-277.8 M
Free Cash Flow80.8 M
  

Converge Technology Relative Risk vs. Return Landscape

If you would invest  432.00  in Converge Technology Solutions on November 1, 2025 and sell it today you would earn a total of  0.00  from holding Converge Technology Solutions or generate 0.0% return on investment over 90 days. Converge Technology Solutions is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Converge, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  

Converge Technology Target Price Odds to finish over Current Price

The tendency of Converge OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 4.32 90 days 4.32 
about 14.08
Based on a normal probability distribution, the odds of Converge Technology to move above the current price in 90 days from now is about 14.08 (This Converge Technology Solutions probability density function shows the probability of Converge OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Converge Technology Solutions has a beta of -2.4 suggesting as returns on its benchmark rise, returns on holding Converge Technology Solutions are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Converge Technology is expected to outperform its benchmark. Moreover Converge Technology Solutions has an alpha of 1.169, implying that it can generate a 1.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Converge Technology Price Density   
       Price  

Predictive Modules for Converge Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Converge Technology. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Converge Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.324.324.32
Details
Intrinsic
Valuation
LowRealHigh
3.253.254.75
Details
Naive
Forecast
LowNextHigh
4.064.064.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.684.124.57
Details

Converge Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Converge Technology is not an exception. The market had few large corrections towards the Converge Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Converge Technology Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Converge Technology within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
1.17
β
Beta against Dow Jones-2.4
σ
Overall volatility
0.65
Ir
Information ratio 0.14

Converge Technology Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Converge Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Converge Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Converge Technology is not yet fully synchronised with the market data
Converge Technology has a very high chance of going through financial distress in the upcoming years
Converge Technology Solutions has accumulated 412 K in total debt with debt to equity ratio (D/E) of 0.33, which is about average as compared to similar companies. Converge Technology has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Converge Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Converge Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Converge Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Converge to invest in growth at high rates of return. When we think about Converge Technology's use of debt, we should always consider it together with cash and equity.

Converge Technology Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Converge OTC Stock often depends not only on the future outlook of the current and potential Converge Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Converge Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding214.4 M
Short Long Term Debt816 K

Converge Technology Fundamentals Growth

Converge OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Converge Technology, and Converge Technology 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 OTC Stock performance.

About Converge Technology Performance

By analyzing Converge Technology's fundamental ratios, stakeholders can gain valuable insights into Converge Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Converge Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Converge Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.

Things to note about Converge Technology performance evaluation

Checking the ongoing alerts about Converge Technology for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Converge Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Converge Technology is not yet fully synchronised with the market data
Converge Technology has a very high chance of going through financial distress in the upcoming years
Converge Technology Solutions has accumulated 412 K in total debt with debt to equity ratio (D/E) of 0.33, which is about average as compared to similar companies. Converge Technology has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Converge Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Converge Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Converge Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Converge to invest in growth at high rates of return. When we think about Converge Technology's use of debt, we should always consider it together with cash and equity.
Evaluating Converge Technology's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Converge Technology's otc stock performance include:
  • Analyzing Converge Technology'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 Technology's stock is overvalued or undervalued compared to its peers.
  • Examining Converge Technology'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 Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Converge Technology's management team can help you assess the OTC Stock's leadership.
  • Pay attention to analyst opinions and ratings of Converge Technology's otc stock. These opinions can provide insight into Converge Technology's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Converge Technology's otc stock performance is not an exact science, and many factors can impact Converge Technology's otc stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.
Note that the Converge Technology information on this page should be used as a complementary analysis to other Converge Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Consideration for investing in Converge OTC Stock

If you are still planning to invest in Converge Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Converge Technology's history and understand the potential risks before investing.
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