CalAmp Stock Market Value

CAMP
 Stock
  

USD 3.27  0.20  5.76%   

CalAmp Corp's market value is the price at which a share of CalAmp Corp stock trades on a public exchange. It measures the collective expectations of CalAmp Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of CalAmp Corp and determine expected loss or profit from investing in CalAmp Corp over a given investment horizon. Continue to CalAmp Corp Correlation, CalAmp Corp Volatility and CalAmp Corp Alpha and Beta module to complement your research on CalAmp Corp.
Symbol


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
128.6 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.

CalAmp Corp 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CalAmp Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CalAmp Corp.
0.00
11/07/2022
No Change 0.00  0.0 
In 31 days
12/07/2022
0.00
If you would invest  0.00  in CalAmp Corp on November 7, 2022 and sell it all today you would earn a total of 0.00 from holding CalAmp Corp or generate 0.0% return on investment in CalAmp Corp over 30 days. CalAmp Corp is related to or competes with Bondbloxx ETF, Merck, Dupont De, VANGUARD SMALL-CAP, and Fidelity MSCI. CalAmp Corp., a connected intelligence company, provides leverages a data-driven solutions ecosystem to people and organ... More

CalAmp Corp Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CalAmp Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CalAmp Corp upside and downside potential and time the market with a certain degree of confidence.

CalAmp Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CalAmp Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CalAmp Corp's standard deviation. In reality, there are many statistical measures that can use CalAmp Corp historical prices to predict the future CalAmp Corp's volatility.
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
0.163.107.62
Details
Intrinsic
Valuation
LowReal ValueHigh
1.255.7710.29
Details
5 Analysts
Consensus
LowTarget PriceHigh
10.0013.6016.00
Details
Earnings
Estimates (3)
LowProjected EPSHigh
-0.3-0.27-0.26
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 Backtested Returns

CalAmp Corp secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had -0.1% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. CalAmp Corp exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm CalAmp Corp mean deviation of 3.55, and Risk Adjusted Performance of (0.20) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 2.0688, which signifies a somewhat significant risk relative to the market. Let's try to break down what CalAmp's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CalAmp Corp will likely underperform. Even though it is essential to pay attention to CalAmp Corp historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CalAmp Corp exposes twenty-eight different technical indicators, which can help you to evaluate its performance. CalAmp Corp has an expected return of -0.47%. Please be advised to confirm CalAmp Corp downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if CalAmp Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.68  

Very good reverse predictability

CalAmp Corp has very good reverse predictability. Overlapping area represents the amount of predictability between CalAmp Corp time series from 7th of November 2022 to 22nd of November 2022 and 22nd of November 2022 to 7th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CalAmp Corp price movement. The serial correlation of -0.68 indicates that around 68.0% of current CalAmp Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.68
Spearman Rank Test-0.64
Residual Average0.0
Price Variance0.03

CalAmp Corp lagged returns against current returns

Autocorrelation, which is CalAmp Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CalAmp Corp's stock expected returns. We can calculate the autocorrelation of CalAmp Corp returns to help us make a trade decision. For example, suppose you find that CalAmp Corp stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

CalAmp Corp regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CalAmp Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CalAmp Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CalAmp Corp stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

CalAmp Corp Lagged Returns

When evaluating CalAmp Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CalAmp Corp stock have on its future price. CalAmp Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CalAmp Corp autocorrelation shows the relationship between CalAmp Corp stock current value and its past values and can show if there is a momentum factor associated with investing in CalAmp Corp.
   Regressed Prices   
Share
       Timeline  

CalAmp Corp Investors Sentiment

The influence of CalAmp Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CalAmp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to CalAmp Corp's public news can be used to forecast risks associated with investment in CalAmp. The trend in average sentiment can be used to explain how an investor holding CalAmp can time the market purely based on public headlines and social activities around CalAmp Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
CalAmp Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CalAmp Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CalAmp Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CalAmp Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CalAmp Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CalAmp Corp's short interest history, or implied volatility extrapolated from CalAmp Corp options trading.

Pair Trading with CalAmp Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CalAmp Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CalAmp Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against CalAmp Corp

-0.53CHRDChord Energy Corp Symbol ChangePairCorr
The ability to find closely correlated positions to CalAmp Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CalAmp Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CalAmp Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CalAmp Corp to buy it.
The correlation of CalAmp Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CalAmp Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CalAmp Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CalAmp Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to CalAmp Corp Correlation, CalAmp Corp Volatility and CalAmp Corp Alpha and Beta module to complement your research on CalAmp Corp. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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CalAmp Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of CalAmp Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CalAmp Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...