Comvex SA (Romania) Market Value
| CMVX Stock | 55.80 1.40 2.45% |
| Symbol | Comvex |
It's important to distinguish between Comvex SA's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Comvex SA should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Comvex SA's market price signifies the transaction level at which participants voluntarily complete trades.
Comvex SA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Comvex SA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Comvex SA.
| 12/02/2025 |
| 03/02/2026 |
If you would invest 0.00 in Comvex SA on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Comvex SA or generate 0.0% return on investment in Comvex SA over 90 days. More
Comvex SA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Comvex SA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Comvex SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 13.72 | |||
| Value At Risk | (4.63) | |||
| Potential Upside | 4.1 |
Comvex SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comvex SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comvex SA's standard deviation. In reality, there are many statistical measures that can use Comvex SA historical prices to predict the future Comvex SA's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 1.3 |
Comvex SA March 2, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | 1.31 | |||
| Mean Deviation | 1.91 | |||
| Coefficient Of Variation | (1,259) | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.61 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 1.3 | |||
| Maximum Drawdown | 13.72 | |||
| Value At Risk | (4.63) | |||
| Potential Upside | 4.1 | |||
| Skewness | 0.5148 | |||
| Kurtosis | 1.93 |
Comvex SA Backtested Returns
Comvex SA secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Comvex SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Comvex SA's Standard Deviation of 2.76, mean deviation of 1.91, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Comvex SA are expected to decrease at a much lower rate. During the bear market, Comvex SA is likely to outperform the market. At this point, Comvex SA has a negative expected return of -0.0142%. Please make sure to confirm Comvex SA's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Comvex SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Comvex SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Comvex SA time series from 2nd of December 2025 to 16th of January 2026 and 16th of January 2026 to 2nd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Comvex SA price movement. The serial correlation of -0.03 indicates that only 3.0% of current Comvex SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Pair Trading with Comvex SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comvex SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comvex SA will appreciate offsetting losses from the drop in the long position's value.Moving against Comvex Stock
| 0.64 | IPRU | Iproeb SA | PairCorr |
| 0.58 | HUNT | IHUNT TECHNOLOGY IMPORT | PairCorr |
| 0.56 | EBS | Erste Group Bank | PairCorr |
| 0.5 | WINE | IM Vinaria Purcari | PairCorr |
| 0.47 | AAG | Aages SA | PairCorr |
The ability to find closely correlated positions to Comvex SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comvex SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comvex SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comvex SA to buy it.
The correlation of Comvex SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comvex SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comvex SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comvex SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Comvex Stock
Comvex SA financial ratios help investors to determine whether Comvex 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 Comvex with respect to the benefits of owning Comvex SA security.