Camden National Stock Market Value
| CAC Stock | USD 47.96 1.20 2.57% |
| Symbol | Camden |
Camden National Price To Book Ratio
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.
Camden National '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 Camden National'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 Camden National.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Camden National on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Camden National or generate 0.0% return on investment in Camden National over 720 days. Camden National is related to or competes with First United, First Community, Greene County, Community West, Home Bancorp, CB Financial, and Civista Bancshares. Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commerci... More
Camden National 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 Camden National'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 Camden National upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.1045 | |||
| Maximum Drawdown | 20.1 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 3.21 |
Camden National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Camden National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Camden National's standard deviation. In reality, there are many statistical measures that can use Camden National historical prices to predict the future Camden National's volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.1051 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1443 | |||
| Treynor Ratio | 0.1637 |
Camden National Backtested Returns
Camden National appears to be very steady, given 3 months investment horizon. Camden National secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Camden National, which you can use to evaluate the volatility of the firm. Please makes use of Camden National's Mean Deviation of 1.66, downside deviation of 1.94, and Risk Adjusted Performance of 0.1247 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Camden National holds a performance score of 10. The firm shows a Beta (market volatility) of 2.45, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Camden National will likely underperform. Please check Camden National's standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Camden National's price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Camden National has insignificant reverse predictability. Overlapping area represents the amount of predictability between Camden National time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Camden National price movement. The serial correlation of -0.16 indicates that over 16.0% of current Camden National price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 23.5 |
Camden National lagged returns against current returns
Autocorrelation, which is Camden National 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 Camden National's stock expected returns. We can calculate the autocorrelation of Camden National returns to help us make a trade decision. For example, suppose you find that Camden National 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Camden National 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 Camden National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Camden National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Camden National stock over time.
Current vs Lagged Prices |
| Timeline |
Camden National Lagged Returns
When evaluating Camden National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Camden National stock have on its future price. Camden National 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, Camden National autocorrelation shows the relationship between Camden National stock current value and its past values and can show if there is a momentum factor associated with investing in Camden National.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Camden National Correlation, Camden National Volatility and Camden National Alpha and Beta module to complement your research on Camden National. For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Camden National 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.