Cambium Networks Corp Stock Price on August 1, 2024
| CMBM Stock | USD 1.21 0.04 3.20% |
Below is the normalized historical share price chart for Cambium Networks Corp extending back to June 26, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cambium Networks stands at 1.21, as last reported on the 26th of November, with the highest price reaching 1.31 and the lowest price hitting 1.16 during the day.
If you're considering investing in Cambium Stock, it is important to understand the factors that can impact its price. Cambium Networks Corp secures Sharpe Ratio (or Efficiency) of -0.0954, which signifies that the company had a -0.0954% return per unit of risk over the last 3 months. Cambium Networks Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cambium Networks' Mean Deviation of 3.58, risk adjusted performance of (0.06), and Standard Deviation of 4.72 to double-check the risk estimate we provide.
As of the 26th of November 2024, Total Stockholder Equity is likely to drop to about 48.6 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 26.9 M. At this time, Cambium Networks' Price To Sales Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Book Value Ratio is likely to grow to 2.14, while Price Earnings To Growth Ratio is likely to drop 0. Cambium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of June 2019 | 200 Day MA 2.7073 | 50 Day MA 1.4353 | Beta 0.976 |
Cambium |
Sharpe Ratio = -0.0954
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| Negative Returns | CMBM |
Estimated Market Risk
| 4.67 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cambium Networks is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cambium Networks by adding Cambium Networks to a well-diversified portfolio.
Price Book 0.7639 | Enterprise Value Ebitda (2.45) | Price Sales 0.205 | Shares Float 12.7 M | Wall Street Target Price 3.3375 |
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Cambium Networks Valuation on August 1, 2024
It is possible to determine the worth of Cambium Networks on a given historical date. On August 1, 2024 Cambium was worth 2.14 at the beginning of the trading date compared to the closed value of 2.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cambium Networks stock. Still, in general, we apply an absolute valuation method to find Cambium Networks' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cambium Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cambium Networks' related companies.
| Open | High | Low | Close | Volume | |
| 2.06 | 2.13 | 2.00 | 2.13 | 52,384 | |
08/01/2024 | 2.14 | 2.14 | 2.00 | 2.03 | 40,139 |
| 2.02 | 2.04 | 1.95 | 1.97 | 92,845 |
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Cambium Networks Trading Date Momentum on August 1, 2024
| On August 02 2024 Cambium Networks Corp was traded for 1.97 at the closing time. The top price for the day was 2.04 and the lowest listed price was 1.95 . The trading volume for the day was 92.8 K. The trading history from August 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.96% . The overall trading delta against the current closing price is 14.29% . |
Cambium Networks Corp Fundamentals Correlations and Trends
By evaluating Cambium Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cambium Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cambium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cambium Networks Stock history
Cambium Networks investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cambium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cambium Networks Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cambium Networks stock prices may prove useful in developing a viable investing in Cambium Networks
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 27.5 M | 26.9 M | |
| Net Income Applicable To Common Shares | 23.2 M | 24.4 M |
Cambium Networks Quarterly Net Working Capital |
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Cambium Networks Stock Technical Analysis
Cambium Networks 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.
Price Boundaries
Cambium Networks Period Price Range
Low | November 26, 2024
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0.00 | 0.00 |
Cambium Networks Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cambium Networks November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Cambium Networks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cambium Networks shares will generate the highest return on investment. By undertsting and applying Cambium Networks stock market strength indicators, traders can identify Cambium Networks Corp entry and exit signals to maximize returns
Cambium Networks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cambium Networks' price direction in advance. Along with the technical and fundamental analysis of Cambium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cambium to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.43) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambium Networks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Communications Equipment 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 Cambium Networks. If investors know Cambium 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 Cambium Networks 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 5.686 | Earnings Share (3.54) | Revenue Per Share 6.17 | Quarterly Revenue Growth 0.016 | Return On Assets (0.22) |
The market value of Cambium Networks Corp is measured differently than its book value, which is the value of Cambium that is recorded on the company's balance sheet. Investors also form their own opinion of Cambium Networks' value that differs from its market value or its book value, called intrinsic value, which is Cambium Networks' 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 Cambium Networks' market value can be influenced by many factors that don't directly affect Cambium Networks' 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 Cambium Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambium Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambium Networks' 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.