Comvita Limited Stock Shares Outstanding

CVNZF Stock  USD 1.56  0.00  0.00%   
Comvita Limited fundamentals help investors to digest information that contributes to Comvita's financial success or failures. It also enables traders to predict the movement of Comvita Pink Sheet. The fundamental analysis module provides a way to measure Comvita's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Comvita pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Comvita Shares Outstanding Analysis

Comvita's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Comvita Shares Outstanding

    
  69.73 M  
Most of Comvita's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comvita Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Comvita Limited has 69.73 M of shares currently outstending. This is 83.25% lower than that of the Consumer Defensive sector and 73.1% lower than that of the Packaged Foods industry. The shares outstanding for all United States stocks is 87.81% higher than that of the company.

Comvita Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comvita's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Comvita could also be used in its relative valuation, which is a method of valuing Comvita by comparing valuation metrics of similar companies.
Comvita is currently under evaluation in shares outstanding category among related companies.

Comvita Fundamentals

About Comvita Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Comvita Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comvita using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comvita Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Comvita Limited, together with its subsidiaries, engages in manufacturing and marketing natural health products in Australia, New Zealand, China, rest of Asia, North America, Europe, the Middle East, Africa, and internationally. Comvita Limited was incorporated in 1974 and is based in Te Puke, New Zealand. Comvita New operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 550 people.

Pair Trading with Comvita

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 Comvita 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 Comvita will appreciate offsetting losses from the drop in the long position's value.

Moving against Comvita Pink Sheet

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The ability to find closely correlated positions to Comvita could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comvita 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 Comvita - 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 Comvita Limited to buy it.
The correlation of Comvita 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 Comvita moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comvita Limited 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 Comvita 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.
Pair CorrelationCorrelation Matching
Check out Comvita Piotroski F Score and Comvita Altman Z Score analysis.
Note that the Comvita Limited information on this page should be used as a complementary analysis to other Comvita'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Comvita Pink Sheet analysis

When running Comvita's price analysis, check to measure Comvita'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 Comvita is operating at the current time. Most of Comvita's value examination focuses on studying past and present price action to predict the probability of Comvita's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comvita's price. Additionally, you may evaluate how the addition of Comvita to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Comvita's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comvita is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comvita's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.