Camtek Non Recurring vs Other Operating Expenses Analysis
CAMT Stock | USD 82.16 3.30 4.18% |
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 Non Recurring and its Other Operating Expenses 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 tightly coupled 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.
Non Recurring vs Other Operating Expenses
Non Recurring vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camtek Non Recurring account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Camtek's Non Recurring and Other Operating Expenses is 0.63. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Camtek, assuming nothing else is changed. The correlation between historical values of Camtek's Non Recurring and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Camtek are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Non Recurring i.e., Camtek's Non Recurring and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Recurring
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Camtek. It is also known as Camtek overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.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 tightly coupled 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.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 137.3M | 159.9M | 147.6M | 155.0M | Total Revenue | 269.7M | 320.9M | 315.4M | 331.1M |
Camtek fundamental ratios Correlations
Click cells to compare fundamentals
Camtek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Camtek fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 170.4M | 287.9M | 583.8M | 677.1M | 787.7M | 827.1M | |
Other Current Liab | 17.4M | 23.3M | 44.3M | 42.7M | 38.1M | 40.0M | |
Total Current Liabilities | 31.6M | 57.4M | 89.7M | 88.5M | 96.7M | 101.5M | |
Total Stockholder Equity | 136.3M | 227.3M | 293.6M | 384.1M | 476.1M | 500.0M | |
Property Plant And Equipment Net | 18.5M | 20.4M | 25.4M | 33.1M | 42.0M | 44.1M | |
Net Debt | (37.2M) | (104.4M) | (47.3M) | 47.6M | 76.9M | 80.7M | |
Retained Earnings | 36.7M | 58.5M | 118.8M | 198.7M | 277.4M | 291.2M | |
Accounts Payable | 11.3M | 27.2M | 33.6M | 31.7M | 42.2M | 44.3M | |
Cash | 38.0M | 105.8M | 241.9M | 148.2M | 120.0M | 126.0M | |
Non Current Assets Total | 22.7M | 26.0M | 63.6M | 120.1M | 240.9M | 252.9M | |
Non Currrent Assets Other | 2.9M | 4.5M | 5.3M | 6.4M | 31.4M | 33.0M | |
Cash And Short Term Investments | 89.5M | 177.8M | 397.9M | 399.7M | 354.0M | 371.7M | |
Net Receivables | 31.4M | 41.0M | 57.8M | 80.6M | 87.3M | 91.7M | |
Common Stock Total Equity | 149K | 151K | 157K | 171K | 196.7K | 147K | |
Common Stock Shares Outstanding | 38.4M | 40.4M | 45.0M | 48.2M | 48.9M | 34.9M | |
Liabilities And Stockholders Equity | 170.4M | 287.9M | 583.8M | 677.1M | 787.7M | 827.1M | |
Non Current Liabilities Total | 2.5M | 3.3M | 200.4M | 204.5M | 207.3M | 217.7M | |
Inventory | 23.8M | 39.7M | 58.8M | 65.5M | 85.9M | 90.2M | |
Other Current Assets | 2.9M | 3.4M | 5.7M | 11.2M | 19.5M | 20.5M | |
Other Stockholder Equity | 99.4M | 168.6M | 174.7M | 185.2M | 198.5M | 208.4M | |
Total Liab | 34.1M | 60.6M | 290.1M | 293.0M | 304.0M | 319.2M | |
Property Plant And Equipment Gross | 18.5M | 20.4M | 43.3M | 54.0M | 67.1M | 70.4M | |
Total Current Assets | 147.7M | 261.9M | 520.2M | 557.0M | 546.8M | 574.1M | |
Short Term Debt | 826K | 736K | 1.0M | 1.3M | 1.7M | 940.7K | |
Intangible Assets | 491K | 609K | 610K | 597K | 16.9M | 17.8M | |
Common Stock | 157K | 171K | 172K | 175K | 176K | 152.4K | |
Other Liab | 1.4M | 1.7M | 2.6M | 5.8M | 6.7M | 3.5M | |
Other Assets | 4.7M | 3.7M | 5.0M | 37.6M | 43.2M | 45.4M | |
Property Plant Equipment | 18.5M | 20.4M | 25.4M | 33.1M | 38.1M | 40.0M | |
Current Deferred Revenue | 2.0M | 6.2M | 10.8M | 12.8M | 14.7M | 15.4M | |
Net Tangible Assets | 135.8M | 226.7M | 293.0M | 383.5M | 441.0M | 463.1M | |
Net Invested Capital | 136.3M | 227.3M | 488.3M | 579.8M | 673.0M | 359.9M | |
Net Working Capital | 116.1M | 204.5M | 430.5M | 468.5M | 450.1M | 285.0M |
Camtek Investors Sentiment
The influence of Camtek's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Camtek. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Camtek's public news can be used to forecast risks associated with an investment in Camtek. The trend in average sentiment can be used to explain how an investor holding Camtek can time the market purely based on public headlines and social activities around Camtek. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Camtek's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Camtek's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Camtek's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Camtek.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Camtek in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Camtek's short interest history, or implied volatility extrapolated from Camtek options trading.
Pair Trading with Camtek
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 Camtek 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 Camtek will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Camtek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camtek 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 Camtek - 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 Camtek to buy it.
The correlation of Camtek 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 Camtek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camtek 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 Camtek 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.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 tightly coupled 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.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Camtek Stock analysis
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.
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Is Camtek's industry 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 Camtek. If investors know Camtek 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 Camtek 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 (0.08) | Earnings Share 1.63 | Revenue Per Share 7.051 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0558 |
The market value of Camtek is measured differently than its book value, which is the value of Camtek that is recorded on the company's balance sheet. Investors also form their own opinion of Camtek's value that differs from its market value or its book value, called intrinsic value, which is Camtek'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 Camtek's market value can be influenced by many factors that don't directly affect Camtek'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 Camtek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camtek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camtek'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.