Converge Technology Solutions Stock Price History
| CTSDF Stock | USD 3.91 0.15 3.69% |
If you're considering investing in Converge OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Converge Technology stands at 3.91, as last reported on the 7th of May, with the highest price reaching 3.91 and the lowest price hitting 3.91 during the day. Converge Technology appears to be relatively risky, given 3 months investment horizon. Converge Technology secures Sharpe Ratio (or Efficiency) of 0.0782, which signifies that the company had a 0.0782% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Converge Technology Solutions, which you can use to evaluate the volatility of the firm. Please makes use of Converge Technology's Downside Deviation of 3.04, mean deviation of 2.3, and Risk Adjusted Performance of 0.0602 to double-check if our risk estimates are consistent with your expectations.
Converge OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Converge |
Sharpe Ratio = 0.0782
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Estimated Market Risk
| 2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Converge Technology is performing at about 6% of its full potential. 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 Converge Technology by adding it to a well-diversified portfolio.
Converge Technology OTC Stock Price History Chart
There are several ways to analyze Converge Stock price data. The simplest method is using a basic Converge candlestick price chart, which shows Converge Technology price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | March 14, 2024 | 4.43 |
| Lowest Price | February 22, 2024 | 3.31 |
Converge Technology May 7, 2024 OTC Stock Price Synopsis
Various analyses of Converge Technology's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Converge OTC Stock. It can be used to describe the percentage change in the price of Converge Technology from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Converge OTC Stock.| Converge Technology Price Rate Of Daily Change | 0.96 | |
| Converge Technology Price Action Indicator | (0.07) |
Converge Technology May 7, 2024 OTC Stock Price Analysis
Converge OTC Stock Price History Data
The price series of Converge Technology for the period between Wed, Feb 7, 2024 and Tue, May 7, 2024 has a statistical range of 1.17 with a coefficient of variation of 8.84. The prices are distributed with arithmetic mean of 3.87. The median price for the last 90 days is 3.93.| Open | High | Low | Close | Volume | ||
05/07/2024 | 3.91 | 3.91 | 3.91 | 3.91 | ||
| 05/06/2024 | 3.97 | 4.06 | 3.97 | 4.06 | 11,297 | |
| 05/03/2024 | 3.91 | 3.91 | 3.91 | 3.91 | 16,877 | |
| 05/02/2024 | 3.88 | 3.88 | 3.84 | 3.86 | 1,630 | |
| 05/01/2024 | 3.86 | 3.86 | 3.78 | 3.80 | 1,725 | |
| 04/30/2024 | 3.91 | 3.91 | 3.91 | 3.91 | 15,800 | |
| 04/29/2024 | 4.00 | 4.01 | 3.95 | 3.95 | 3,642 | |
| 04/26/2024 | 4.07 | 4.07 | 4.04 | 4.04 | 388.00 | |
| 04/25/2024 | 4.08 | 4.08 | 4.08 | 4.08 | 3,400 | |
| 04/24/2024 | 4.13 | 4.13 | 4.11 | 4.11 | 4,152 | |
| 04/23/2024 | 4.20 | 4.20 | 4.15 | 4.15 | 2,426 | |
| 04/22/2024 | 3.99 | 4.17 | 3.99 | 4.16 | 10,600 | |
| 04/19/2024 | 3.75 | 3.94 | 3.75 | 3.94 | 1,510 | |
| 04/18/2024 | 3.87 | 3.97 | 3.87 | 3.90 | 5,400 | |
| 04/17/2024 | 3.96 | 3.96 | 3.96 | 3.96 | 400.00 | |
| 04/16/2024 | 3.93 | 4.02 | 3.93 | 3.93 | 11,625 | |
| 04/15/2024 | 3.87 | 3.94 | 3.85 | 3.86 | 17,513 | |
| 04/12/2024 | 4.18 | 4.18 | 3.86 | 3.88 | 12,000 | |
| 04/11/2024 | 4.01 | 4.01 | 4.01 | 4.01 | 1,007 | |
| 04/10/2024 | 3.80 | 3.97 | 3.80 | 3.94 | 14,578 | |
| 04/09/2024 | 4.12 | 4.18 | 4.12 | 4.15 | 2,422 | |
| 04/08/2024 | 4.01 | 4.05 | 4.00 | 4.03 | 4,466 | |
| 04/05/2024 | 4.13 | 4.14 | 4.13 | 4.14 | 30,900 | |
| 04/04/2024 | 4.25 | 4.25 | 4.13 | 4.13 | 2,667 | |
| 04/03/2024 | 4.30 | 4.30 | 4.30 | 4.30 | 12,200 | |
| 04/02/2024 | 4.15 | 4.33 | 4.15 | 4.33 | 36,000 | |
| 04/01/2024 | 4.26 | 4.26 | 4.15 | 4.15 | 7,459 | |
| 03/28/2024 | 4.40 | 4.40 | 4.33 | 4.33 | 2,328 | |
| 03/27/2024 | 4.25 | 4.28 | 4.25 | 4.28 | 7,883 | |
| 03/26/2024 | 4.14 | 4.25 | 4.14 | 4.24 | 19,400 | |
| 03/25/2024 | 4.21 | 4.22 | 4.17 | 4.17 | 7,200 | |
| 03/22/2024 | 4.24 | 4.24 | 4.17 | 4.17 | 24,700 | |
| 03/21/2024 | 4.09 | 4.33 | 4.09 | 4.30 | 49,400 | |
| 03/20/2024 | 4.32 | 4.32 | 4.18 | 4.29 | 7,955 | |
| 03/19/2024 | 4.29 | 4.33 | 4.29 | 4.32 | 14,868 | |
| 03/18/2024 | 4.27 | 4.35 | 4.27 | 4.33 | 60,300 | |
| 03/15/2024 | 4.43 | 4.44 | 4.24 | 4.26 | 44,800 | |
| 03/14/2024 | 4.39 | 4.44 | 4.38 | 4.43 | 31,000 | |
| 03/13/2024 | 4.25 | 4.40 | 4.25 | 4.35 | 49,900 | |
| 03/12/2024 | 4.14 | 4.22 | 4.14 | 4.22 | 15,700 | |
| 03/11/2024 | 4.02 | 4.12 | 4.02 | 4.10 | 6,699 | |
| 03/08/2024 | 3.99 | 4.01 | 3.96 | 4.00 | 89,100 | |
| 03/07/2024 | 3.82 | 3.91 | 3.81 | 3.88 | 46,800 | |
| 03/06/2024 | 3.63 | 3.84 | 3.63 | 3.83 | 81,000 | |
| 03/05/2024 | 3.69 | 3.69 | 3.58 | 3.58 | 26,400 | |
| 03/04/2024 | 3.84 | 3.91 | 3.84 | 3.85 | 26,500 | |
| 03/01/2024 | 3.73 | 3.76 | 3.73 | 3.75 | 3,500 | |
| 02/29/2024 | 3.56 | 3.78 | 3.56 | 3.76 | 38,400 | |
| 02/28/2024 | 3.75 | 3.75 | 3.55 | 3.55 | 8,300 | |
| 02/27/2024 | 3.74 | 3.77 | 3.74 | 3.74 | 13,200 | |
| 02/26/2024 | 3.45 | 3.64 | 3.45 | 3.62 | 14,800 | |
| 02/23/2024 | 3.12 | 3.46 | 3.10 | 3.44 | 27,500 | |
| 02/22/2024 | 3.34 | 3.34 | 3.31 | 3.31 | 7,400 | |
| 02/21/2024 | 3.38 | 3.38 | 3.37 | 3.37 | 37,100 | |
| 02/20/2024 | 3.11 | 3.37 | 3.11 | 3.32 | 15,700 | |
| 02/16/2024 | 3.43 | 3.44 | 3.37 | 3.37 | 6,800 | |
| 02/15/2024 | 3.34 | 3.35 | 3.34 | 3.34 | 5,400 | |
| 02/14/2024 | 3.34 | 3.35 | 3.32 | 3.32 | 10,200 | |
| 02/13/2024 | 3.33 | 3.34 | 3.31 | 3.32 | 39,000 | |
| 02/12/2024 | 3.22 | 3.47 | 3.22 | 3.36 | 133,900 | |
| 02/09/2024 | 3.32 | 3.48 | 3.32 | 3.41 | 83,000 |
About Converge Technology OTC Stock history
Converge Technology 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 Converge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Converge Technology 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 Converge Technology stock prices may prove useful in developing a viable investing in Converge Technology
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.
Converge Technology OTC Stock Technical Analysis
Converge Technology technical otc stock 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, otc market cycles, or different charting patterns.
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Converge Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Converge Technology's price direction in advance. Along with the technical and fundamental analysis of Converge OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Converge 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 | 0.0602 | |||
| Jensen Alpha | 0.222 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.056 | |||
| Treynor Ratio | 1.15 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Converge Technology Solutions. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Converge OTC Stock analysis
When running Converge Technology's price analysis, check to measure Converge Technology'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 Technology is operating at the current time. Most of Converge Technology's value examination focuses on studying past and present price action to predict the probability of Converge Technology'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 Technology's price. Additionally, you may evaluate how the addition of Converge Technology to your portfolios can decrease your overall portfolio volatility.
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