Cambium Networks Corp Stock Market Value
| CMBM Stock | USD 1.11 0.02 1.83% |
| Symbol | Cambium |
Cambium Networks Corp Price To Book Ratio
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.
Cambium Networks '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 Cambium Networks' 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 Cambium Networks.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Cambium Networks on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Cambium Networks Corp or generate 0.0% return on investment in Cambium Networks over 30 days. Cambium Networks is related to or competes with Aviat Networks, Rimini Street, Airgain, Calix, and Clearfield. Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products a... More
Cambium Networks 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 Cambium Networks' 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 Cambium Networks Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (10.34) | |||
| Potential Upside | 6.19 |
Cambium Networks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambium Networks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cambium Networks' standard deviation. In reality, there are many statistical measures that can use Cambium Networks historical prices to predict the future Cambium Networks' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.26) | |||
| Treynor Ratio | (0.86) |
Cambium Networks Corp Backtested Returns
Cambium Networks Corp secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Cambium Networks Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cambium Networks' Standard Deviation of 4.59, risk adjusted performance of (0.10), and Mean Deviation of 3.48 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cambium Networks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cambium Networks is expected to be smaller as well. At this point, Cambium Networks Corp has a negative expected return of -0.5%. Please make sure to confirm Cambium Networks' day median price, period momentum indicator, as well as the relationship between the kurtosis and maximum drawdown , to decide if Cambium Networks Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Cambium Networks Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Cambium Networks time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Cambium Networks Corp price movement. The serial correlation of -0.84 indicates that around 84.0% of current Cambium Networks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Cambium Networks Corp lagged returns against current returns
Autocorrelation, which is Cambium Networks 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 Cambium Networks' stock expected returns. We can calculate the autocorrelation of Cambium Networks returns to help us make a trade decision. For example, suppose you find that Cambium Networks 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 |
Cambium Networks 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 Cambium Networks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cambium Networks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cambium Networks stock over time.
Current vs Lagged Prices |
| Timeline |
Cambium Networks Lagged Returns
When evaluating Cambium Networks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cambium Networks stock have on its future price. Cambium Networks 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, Cambium Networks autocorrelation shows the relationship between Cambium Networks stock current value and its past values and can show if there is a momentum factor associated with investing in Cambium Networks Corp.
Regressed Prices |
| Timeline |
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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.