Covered warrant: Positive development

During the previous week, trading activity in the CW market remained vibrant, with a notable increase in both liquidity and the number of gainers. According to valuations based on the Black-Scholes model, several CWs are currently undervalued, with CVRE2501, CVIC2407, and CSHB2501 being the most notable examples. Conversely, CVIC2509, CVHM2511, and CVHM2506 were assessed to be overvalued, based on a total sample of 213 listed CWs.