Covered warrant: The number of gaining CWs rose markedly

Although declining warrants still outnumbered gainers, the previous week showed encouraging signs as the number of advancing warrants improved notably, accompanied by a slight uptick in market liquidity. According to valuations based on the Black-Scholes model, several CWs are currently undervalued, with CVIC2505, CVHM2408, and CVIV2506 being the most notable examples. In contrast, CVHM2511, CVRE2511, and CMBB2510 were assessed to be overvalued, based on a total sample of 205 listed CWs.