CalAmp Stock Probability of Future Stock Price Finishing Over 3.86

CAMP
 Stock
  

USD 3.35  0.05  1.47%   

CalAmp Corp's future price is the expected price of CalAmp Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of CalAmp Corp performance during a given time horizon utilizing its historical volatility. As of 9th of December 2022, Price to Sales Ratio is likely to grow to 0.97, while Price to Book Value is likely to drop 3.02.
  
CalAmp Corp's implied volatility is one of the determining factors in the pricing options written on CalAmp Corp. Implied volatility approximates the future value of CalAmp Corp based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in CalAmp Corp over a specific time period. For example, 2022-12-16 CALL at $2.5 is a CALL option contract on CalAmp Corp's common stock with a strick price of 2.5 expiring on 2022-12-16. The contract was last traded on 2022-12-02 at 15:54:37 for $1.15 and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $0.55, and an ask price of $1.2. The implied volatility as of the 9th of December is 408.9294. View All CalAmp options

Closest to current price CalAmp long CALL Option Payoff at Expiration

Continue to CalAmp Corp Backtesting, CalAmp Corp Valuation, CalAmp Corp Correlation, CalAmp Corp Hype Analysis, CalAmp Corp Volatility, CalAmp Corp History as well as CalAmp Corp Performance. Please specify CalAmp Corp time horizon, a valid symbol (red box) and a target price (blue box) you would like CalAmp Corp odds to be computed.

CalAmp Corp Target Price Odds to finish over 3.86

The tendency of CalAmp Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 3.86  or more in 90 days
 3.35 90 days 3.86 
about 52.1
Based on a normal probability distribution, the odds of CalAmp Corp to move over $ 3.86  or more in 90 days from now is about 52.1 (This CalAmp Corp probability density function shows the probability of CalAmp Stock to fall within a particular range of prices over 90 days) . Probability of CalAmp Corp price to stay between its current price of $ 3.35  and $ 3.86  at the end of the 90-day period is about 30.72 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.06 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CalAmp Corp will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. CalAmp Corp is significantly underperforming NYSE Composite.
   CalAmp Corp Price Density   
       Price  

Predictive Modules for CalAmp Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CalAmp Corp. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of CalAmp Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of CalAmp Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.163.177.67
Details
Intrinsic
Valuation
LowReal ValueHigh
1.405.9010.40
Details
Naive
Forecast
LowNext ValueHigh
0.063.207.70
Details
5 Analysts
Consensus
LowTarget PriceHigh
10.0013.6016.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CalAmp Corp. Your research has to be compared to or analyzed against CalAmp Corp's peers to derive any actionable benefits. When done correctly, CalAmp Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in CalAmp Corp.

CalAmp Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. CalAmp Corp is not an exception. The market had few large corrections towards the CalAmp Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold CalAmp Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CalAmp Corp within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.52
β
Beta against NYSE Composite2.06
σ
Overall volatility
0.57
Ir
Information ratio -0.1

CalAmp Corp Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CalAmp Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CalAmp Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
CalAmp Corp generated a negative expected return over the last 90 days
CalAmp Corp has high historical volatility and very poor performance
The company reported the previous year's revenue of 295.84 M. Net Loss for the year was (31.15 M) with profit before overhead, payroll, taxes, and interest of 121.89 M.
CalAmp Corp currently holds about 47.72 M in cash with (4.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29.
Over 77.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: SAIC, DLH Holdings And 3 Stocks To Watch Heading Into Monday - DLH Hldgs , CalAmp NASDAQCA - Benzinga

CalAmp Corp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CalAmp Stock often depends not only on the future outlook of the current and potential CalAmp Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CalAmp Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding35254000.00
Cash And Short Term Investments79221000.00

CalAmp Corp Technical Analysis

CalAmp Corp's future price can be derived by breaking down and analyzing its technical indicators over time. CalAmp Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CalAmp Corp. In general, you should focus on analyzing CalAmp Stock price patterns and their correlations with different microeconomic environments and drivers.

CalAmp Corp Predictive Forecast Models

CalAmp Corp time-series forecasting models is one of many CalAmp Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CalAmp Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about CalAmp Corp

Checking the ongoing alerts about CalAmp Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CalAmp Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CalAmp Corp generated a negative expected return over the last 90 days
CalAmp Corp has high historical volatility and very poor performance
The company reported the previous year's revenue of 295.84 M. Net Loss for the year was (31.15 M) with profit before overhead, payroll, taxes, and interest of 121.89 M.
CalAmp Corp currently holds about 47.72 M in cash with (4.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29.
Over 77.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: SAIC, DLH Holdings And 3 Stocks To Watch Heading Into Monday - DLH Hldgs , CalAmp NASDAQCA - Benzinga
Continue to CalAmp Corp Backtesting, CalAmp Corp Valuation, CalAmp Corp Correlation, CalAmp Corp Hype Analysis, CalAmp Corp Volatility, CalAmp Corp History as well as CalAmp Corp Performance. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running CalAmp Corp price analysis, check to measure CalAmp Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CalAmp Corp is operating at the current time. Most of CalAmp Corp's value examination focuses on studying past and present price action to predict the probability of CalAmp Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CalAmp Corp's price. Additionally, you may evaluate how the addition of CalAmp Corp to your portfolios can decrease your overall portfolio volatility.
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Is CalAmp Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CalAmp Corp. If investors know CalAmp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CalAmp Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
126 M
Quarterly Revenue Growth YOY
(0.08) 
Return On Assets
(0.0368) 
Return On Equity
(0.70) 
The market value of CalAmp Corp is measured differently than its book value, which is the value of CalAmp that is recorded on the company's balance sheet. Investors also form their own opinion of CalAmp Corp's value that differs from its market value or its book value, called intrinsic value, which is CalAmp Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CalAmp Corp's market value can be influenced by many factors that don't directly affect CalAmp Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CalAmp Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine CalAmp Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CalAmp Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.