Comtech Weighted Average Shares from 2010 to 2023

CMTL Stock  USD 12.02  0.17  1.39%   
Comtech Telecommunicatio Weighted Average Shares yearly trend continues to be quite stable with very little volatility. The value of Weighted Average Shares is projected to decrease to about 28.4 M. From the period between 2010 and 2023, Comtech Telecommunicatio, Weighted Average Shares regression line of its data series had standard deviation of 4,733,343 and standard deviation of  4,733,343. Comtech Telecommunicatio Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 276.98 Million. Cost of Revenue is expected to rise to about 353.4 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (29.6 M).
  
Check Comtech Telecommunicatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comtech main balance sheet or income statement drivers, such as Direct Expenses of 277 M, Cost of Revenue of 353.4 M or Gross Profit of 219.2 M, as well as many exotic indicators such as Interest Coverage of 2.39, Long Term Debt to Equity of 0.34 or Calculated Tax Rate of 29.59. Comtech financial statements analysis is a perfect complement when working with Comtech Telecommunicatio Valuation or Volatility modules. It can also supplement Comtech Telecommunicatio's financial leverage analysis and stock options assessment as well as various Comtech Telecommunicatio Technical models . Check out the analysis of Comtech Telecommunicatio Correlation against competitors. For more information on how to buy Comtech Stock please use our How to buy in Comtech Stock guide.

Comtech Telecommunicatio Quarterly Weighted Average Shares

27.95 Million

Comtech Weighted Average Shares Breakdown

Showing smoothed Weighted Average Shares of Comtech Telecommunications Corp with missing and latest data points interpolated. The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.Comtech Telecommunicatio's Weighted Average Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comtech Telecommunicatio's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 27.86 M10 Years Trend
Up
Slightly volatile
   Weighted Average Shares   
       Timeline  

Comtech Weighted Average Shares Regression Statistics

Arithmetic Mean22,379,023
Geometric Mean21,903,128
Coefficient Of Variation21.15
Mean Deviation4,029,020
Median23,825,000
Standard Deviation4,733,343
Range14,538,900
R-Value0.86
R-Squared0.74
Significance0.00007647
Slope974,278

Comtech Weighted Average Shares History

202328.4 M
202230.5 M
202126.5 M
202025.7 M
201924.8 M
201824.1 M
201723.8 M
201623.4 M
201517 M
201416.2 M
201315.9 M

Other Fundumenentals of Comtech Telecommunicatio

Comtech Telecommunicatio Weighted Average Shares component correlations

About Comtech Telecommunicatio Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Comtech Telecommunicatio income statement, its balance sheet, and the statement of cash flows. Comtech Telecommunicatio investors use historical funamental indicators, such as Comtech Telecommunicatio's Weighted Average Shares, to determine how well the company is positioned to perform in the future. Although Comtech Telecommunicatio investors may use each financial statement separately, they are all related. The changes in Comtech Telecommunicatio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comtech Telecommunicatio's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Comtech Telecommunicatio Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Comtech Telecommunicatio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Weighted Average Shares30.5 M28.4 M
Weighted Average Shares Diluted30.5 M29.3 M
Average Assets1.1 B1.1 B
Average Equity541.9 M552.1 M
Invested Capital Average371.5 M353.6 M

Comtech Telecommunicatio Investors Sentiment

The influence of Comtech Telecommunicatio'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 Comtech. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Comtech Telecommunicatio's public news can be used to forecast risks associated with investment in Comtech. The trend in average sentiment can be used to explain how an investor holding Comtech can time the market purely based on public headlines and social activities around Comtech Telecommunications Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Comtech Telecommunicatio'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 Comtech Telecommunicatio'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 Comtech Telecommunicatio's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Comtech Telecommunicatio.

Comtech Telecommunicatio Implied Volatility

    
  50.67  
Comtech Telecommunicatio's implied volatility exposes the market's sentiment of Comtech Telecommunications Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Comtech Telecommunicatio's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Comtech Telecommunicatio stock will not fluctuate a lot when Comtech Telecommunicatio's options are near their expiration.
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 Comtech Telecommunicatio 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, Comtech Telecommunicatio's short interest history, or implied volatility extrapolated from Comtech Telecommunicatio options trading.

Pair Trading with Comtech Telecommunicatio

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 Comtech Telecommunicatio 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 Comtech Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Comtech Telecommunicatio

+0.71FKWLFranklin Wireless Corp Fiscal Quarter End 31st of March 2023 PairCorr
The ability to find closely correlated positions to Comtech Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comtech Telecommunicatio 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 Comtech Telecommunicatio - 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 Comtech Telecommunications Corp to buy it.
The correlation of Comtech Telecommunicatio is a statistical measure of how it moves in relation to other equities. 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 Comtech Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comtech Telecommunicatio 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 Comtech Telecommunicatio 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
Check out the analysis of Comtech Telecommunicatio Correlation against competitors. For more information on how to buy Comtech Stock please use our How to buy in Comtech Stock guide. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is Comtech Telecommunicatio'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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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
5.87
Dividend Share
0.4
Earnings Share
(1.00) 
Revenue Per Share
18.877
Quarterly Revenue Growth
0.111
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine Comtech Telecommunicatio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.