Camping World Holdings Stock Pattern Recognition Spinning Top

CWH Stock  USD 25.14  0.93  3.84%   
Camping World pattern recognition tool provides the execution environment for running the Spinning Top recognition and other technical functions against Camping World. Camping World value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Spinning Top recognition function is designed to identify and follow existing trends. Camping World momentum indicators are usually used to generate trading rules based on assumptions that Camping World trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of eleven valid pattern recognition events for the selected time horizon. The Spinning Top pattern Reversal/Continuation pattern describes Camping World Holdings neutral movement and is used to signal indecision about the future direction of Camping World.

Camping World Technical Analysis Modules

Most technical analysis of Camping World help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Camping from various momentum indicators to cycle indicators. When you analyze Camping charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Camping World Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Camping World Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Camping World Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Camping Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Camping World's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Camping World's intrinsic value. In addition to deriving basic predictive indicators for Camping World, we also check how macroeconomic factors affect Camping World price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 (projected)
Dividend Yield0.140.28
Price To Sales Ratio0.260.14
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Camping World's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
21.6624.9328.20
Details
Intrinsic
Valuation
LowRealHigh
21.7024.9728.24
Details
Naive
Forecast
LowNextHigh
20.6623.9427.21
Details
11 Analysts
Consensus
LowTargetHigh
26.5729.2032.41
Details

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Camping World Holdings pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Camping World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Camping World will appreciate offsetting losses from the drop in the long position's value.

Camping World Pair Trading

Camping World Holdings Pair Trading Analysis

The ability to find closely correlated positions to Camping World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camping World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Camping World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Camping World Holdings to buy it.
The correlation of Camping World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Camping World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camping World Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Camping World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Camping World Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Camping World'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 Camping World Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Camping World Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camping World Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Automotive Retail 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 Camping World. If investors know Camping 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 Camping World 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
(0.72)
Dividend Share
0.5
Earnings Share
(0.66)
Revenue Per Share
133.247
Quarterly Revenue Growth
(0)
The market value of Camping World Holdings is measured differently than its book value, which is the value of Camping that is recorded on the company's balance sheet. Investors also form their own opinion of Camping World's value that differs from its market value or its book value, called intrinsic value, which is Camping World'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 Camping World's market value can be influenced by many factors that don't directly affect Camping World'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 Camping World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camping World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camping World'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.