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CNVS Stock Analysis

Data source: Trade-Ideas Alerts | 4 alerts analyzed | Backtest period: 2023-05-23 → 2024-02-14

⚠️ Small sample size (4 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Cineverse Corp. Class A Common Stock SERVICES-VIDEO TAPE RENTAL (SIC 7841)
📍 NASDAQ 📅 IPO: Nov 10, 2003 🔗 www.cineverse.com
💰 Market Cap: $46.7M 👥 Employees: 218
Cineverse Corp is a main streaming technology and entertainment company. Its core business operates as a portfolio of owned and operated streaming channels with enthusiast fan bases; a large-scale aggregator and full-service distributor of feature films and television programs; and a proprietary technology software-as-a-service platform for over-the-top (OTT) app development and content distribution through subscription video-on-demand (SVOD), dedicated ad-supported (AVOD), ad-supported streaming linear (FAST) channels, social video streaming services, and audio podcasts. It generates revenue from streaming and digital, Base distribution, Podcast and other, and Other non-recurring.
📊
4
Total Alerts
🎯
50.0%
Win Rate (5MIN)
💰
-0.25%
Avg Gain (5MIN)
🚀
+6.49%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 50.0%
Avg Gain: -0.25%
Avg Winner: +1.07%
Avg Loser: -1.57%
Best: +1.51%
Worst: -3.11%
Trades: 2/2

15MIN

Win Rate: 0.0%
Avg Gain: -4.81%
Avg Winner: +0.00%
Avg Loser: -4.81%
Best: -1.88%
Worst: -8.10%
Trades: 0/4

30MIN

Win Rate: 0.0%
Avg Gain: -4.41%
Avg Winner: +0.00%
Avg Loser: -4.41%
Best: -0.19%
Worst: -8.95%
Trades: 0/4

60MIN

Win Rate: 0.0%
Avg Gain: -11.89%
Avg Winner: +0.00%
Avg Loser: -11.89%
Best: -1.20%
Worst: -26.95%
Trades: 0/4

EOD (End of Day)

Win Rate: 0.0%
Avg Gain: -10.07%
Avg Winner: +0.00%
Avg Loser: -10.07%
Best: -0.87%
Worst: -26.79%
Trades: 0/4

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +6.49%
Best MFE: +22.43%
Avg Time to MFE: 8 min

On average, CNVS alerts reach +6.49% profit potential within 8 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -4.98%
Worst MAE: -11.84%
Avg Time to MAE: 2 min

Before reaching MFE, expect an average drawdown of 4.98%.

⚖️ Risk/Reward Ratio

1.3:1

Good risk/reward - favorable for momentum trading.

💡 Trading Insight: Based on 4 alerts, CNVS typically reaches +6.49% profit before pulling back. Consider setting profit targets around 5.2% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 4
Gap Up % 25.0%
Avg Gap +0.24%
Best Gap +1.88%

🏭 Sector Comparison: SERVICES-VIDEO TAPE RENTAL

How CNVS compares to 2 other tickers in the same sector.

5-Min Gain
CNVS: -0.25% Sector: +0.00% -0.26%
EOD Gain
CNVS: -10.07% Sector: +0.08% -10.15%
Avg MFE
CNVS: +6.49% Sector: +2.27% +4.22%

📋 Last 20 Alerts

Historical CNVS alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-02-14 09:28:28 $3.21 +0.62% -8.10% -8.95% -26.95% -26.79% +22.43% -11.84% -0.93% WIN
2023-06-14 09:25:00 $2.66 +1.51% -1.88% -6.01% -15.79% -7.89% +3.01% - +1.88% WIN
2023-06-08 09:25:00 $0.27 -3.11% -5.11% -0.19% -3.63% -4.74% +0.52% -8.07% - LOSS
2023-05-23 09:29:00 $0.3 -0.03% -4.13% -2.50% -1.20% -0.87% - - - LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ CNVS Shows Negative Expectancy

With 50.0% win rate and -0.25% average gain, CNVS alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider CNVS for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze CNVS with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for CNVS. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, CNVS historically offers an average upside of +6.49% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 CNVS Momentum Personality

With a baseline win rate of 50.0%, CNVS shows negative momentum - the stock tends to fade after alerts. This pattern suggests CNVS may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: CNVS shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -0.25%). This suggests CNVS is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.