Covered warrant: A cautious sentiment emerged

Market sentiment appeared cautious over the week, as both trading activity and the number of advancing warrants decreased. According to valuations based on the Black-Scholes model, several CWs are currently undervalued, with CVIC2503, CVHM2501, and CVHM2504 being the most notable examples. In contrast, CACB2502, CACB2505, and CMBB2510 were assessed to be overvalued, based on a total sample of 206 listed CWs.