In terms of the financial
trajectory, it can be seen that there are two trends in terms of the CVO LTM
and CVO Historical, these are the two, one is the adjusted closing that is
labelled CVO Historical. In terms of the LTM and the historical, it can be seen
that the historical CVO is more volatile as it is spread across a longer term,
and LTM returns are lower, in terms of both the term and the returns. The period
covered by historical is from January 2008 to January 2018. And the period
covered by LTM emphasizes on September 2017 to September 2018.
The overall trend after the
restructuring denotes the fall of returns and prices. Moreover, there was a
recovery in terms of historical at the end of 2009, and then again the prices fell
in 2011 and 12, this was the worst part of the term as the returns never
recovered from the shock. Therefore, it can be said that the restructuring for
returns in historical was not favorable.
The second chart in the trend
analysis denoted something more, it denoted that the short term period is saw a
downfall too, the greatest shock was in October 2017 and February 2018. The
company never recovered from these shocks. There was a bankruptcy filed in
2018, so the company perished as a result of these falls from the prices.