CAMT Stock | | | USD 71.67 3.27 4.36% |
Camtek financial indicator trend analysis is way more than just evaluating Camtek prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camtek is a good investment. Please check the relationship between Camtek Common Stock and its Property Plant And Equipment Gross accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Camtek Stock please use our
How to Invest in Camtek guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Camtek Common Stock account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Camtek's Common Stock and Property Plant And Equipment Gross is 0.66. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Camtek, assuming nothing else is changed. The correlation between historical values of Camtek's Common Stock and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Camtek are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Common Stock i.e., Camtek's Common Stock and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Camtek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camtek current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Camtek Stock please use our
How to Invest in Camtek guide.At this time, Camtek's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
When running Camtek's price analysis, check to
measure Camtek'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 Camtek is operating at the current time. Most of Camtek's value examination focuses on studying past and present price action to
predict the probability of Camtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camtek's price. Additionally, you may evaluate how the addition of Camtek to your portfolios can decrease your overall portfolio volatility.