Camden National Stock Forecast - Daily Balance Of Power

CAC Stock  USD 47.58  0.26  0.54%   
Camden Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Camden National stock prices and determine the direction of Camden National's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Camden National's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Asset Turnover is expected to grow to 0.04, whereas Payables Turnover is forecasted to decline to 0.03. . The current year's Net Income Applicable To Common Shares is expected to grow to about 74.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 14.6 M.
On April 29, 2024 Camden National had Daily Balance Of Power of (0.79). Balance of Power indicator (or BOP) measures the strength of Camden National market sensitivity to bulls and bears. It estimates the ability of Camden National buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Camden National Balance of Power indicator one can determine a trend of the price direction.
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Camden National Trading Date Momentum

On April 30 2024 Camden National was traded for  30.54  at the closing time. Highest Camden National's price during the trading hours was 31.30  and the lowest price during the day was  29.45 . The net volume was 58.2 K. The overall trading history on the 30th of April contributed to the next trading period price growth. The overall trading delta to the next next day price was 3.56% . The overall trading delta to current price is 7.29% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Camden National

For every potential investor in Camden, whether a beginner or expert, Camden National's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Camden Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Camden. Basic forecasting techniques help filter out the noise by identifying Camden National's price trends.

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Camden National Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Camden National's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Camden National's current price.

Camden National Market Strength Events

Market strength indicators help investors to evaluate how Camden National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Camden National shares will generate the highest return on investment. By undertsting and applying Camden National stock market strength indicators, traders can identify Camden National entry and exit signals to maximize returns.

Camden National Risk Indicators

The analysis of Camden National's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Camden National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting camden stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Camden National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Camden National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Camden National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Camden National Stock:
Check out Historical Fundamental Analysis of Camden National to cross-verify your projections.
For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional Banks space 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 Camden National. If investors know Camden 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 Camden National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.339
Dividend Share
1.68
Earnings Share
3.2
Revenue Per Share
11.579
Quarterly Revenue Growth
0.171
The market value of Camden National is measured differently than its book value, which is the value of Camden that is recorded on the company's balance sheet. Investors also form their own opinion of Camden National's value that differs from its market value or its book value, called intrinsic value, which is Camden National'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 Camden National's market value can be influenced by many factors that don't directly affect Camden National'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 Camden National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camden National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camden National'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.