Converge Information Revenue vs. Earnings Per Share
| CNVRG Stock | 16.40 0.44 2.76% |
For Converge Information profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Converge Information to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Converge Information Communications utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Converge Information's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Converge Information Communications over time as well as its relative position and ranking within its peers.
Converge |
Converge Information Earnings Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Converge Information's current stock value. Our valuation model uses many indicators to compare Converge Information value to that of its competitors to determine the firm's financial worth. Converge Information Communications is rated fifth in revenue category among its peers. It is rated below average in earnings per share category among its peers . The ratio of Revenue to Earnings Per Share for Converge Information Communications is about 25,138,872,486 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Converge Information's earnings, one of the primary drivers of an investment's value.Converge Revenue vs. Competition
Converge Information Communications is rated fifth in revenue category among its peers. Market size based on revenue of Telecommunications Services industry is currently estimated at about 139.24 Billion. Converge Information retains roughly 26.48 Billion in revenue claiming about 19% of equities listed under Telecommunications Services industry.
Converge Earnings Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Converge Information |
| = | 26.48 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Converge Information |
| = | 1.05 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Converge Earnings Per Share Comparison
Converge Information is rated below average in earnings per share category among its peers.
Converge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Converge Information. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Converge Information position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Converge Information's important profitability drivers and their relationship over time.
Use Converge Information in pair-trading
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 Converge Information 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 Converge Information will appreciate offsetting losses from the drop in the long position's value.Converge Information Pair Trading
Converge Information Communications Pair Trading Analysis
The ability to find closely correlated positions to Converge Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Converge Information 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 Converge Information - 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 Converge Information Communications to buy it.
The correlation of Converge Information 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 Converge Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Converge Information 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 Converge Information 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.Use Investing Themes to Complement your Converge Information position
In addition to having Converge Information in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tips ETFs Theme or any other thematic opportunities.
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Additional Tools for Converge Stock Analysis
When running Converge Information's price analysis, check to measure Converge Information'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 Information is operating at the current time. Most of Converge Information's value examination focuses on studying past and present price action to predict the probability of Converge Information'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 Information's price. Additionally, you may evaluate how the addition of Converge Information to your portfolios can decrease your overall portfolio volatility.