Camping Return On Tangible Assets from 2010 to 2024
| CWH Stock | USD 20.27 0.91 4.30% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.00753359 | Current Value 0.007157 | Quarterly Volatility 0.0657705 |
Check Camping World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Camping main balance sheet or income statement drivers, such as Depreciation And Amortization of 72.1 M, Interest Expense of 229.3 M or Selling General Administrative of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.088 or PTB Ratio of 6.8. Camping financial statements analysis is a perfect complement when working with Camping World Valuation or Volatility modules.
Camping | Return On Tangible Assets |
Latest Camping World's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Camping World Holdings over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Camping World's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Camping World's overall financial position and show how it may be relating to other accounts over time.
| Return On Tangible Assets | 10 Years Trend |
|
Return On Tangible Assets |
| Timeline |
Camping Return On Tangible Assets Regression Statistics
| Arithmetic Mean | 0.08 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 83.12 | |
| Mean Deviation | 0.06 | |
| Median | 0.11 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.2071 | |
| R-Value | (0.43) | |
| Mean Square Error | 0 | |
| R-Squared | 0.18 | |
| Significance | 0.11 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.06 |
Camping Return On Tangible Assets History
About Camping World Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Camping World income statement, its balance sheet, and the statement of cash flows. Camping World investors use historical funamental indicators, such as Camping World's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Camping World investors may use each financial statement separately, they are all related. The changes in Camping World's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Camping World'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 Camping World Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Camping World. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 |
Pair Trading with Camping World
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.Moving together with Camping Stock
| 0.76 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
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.Check out the analysis of Camping World Correlation against competitors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Camping Stock analysis
When running Camping World's price analysis, check to measure Camping World'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 Camping World is operating at the current time. Most of Camping World's value examination focuses on studying past and present price action to predict the probability of Camping World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camping World's price. Additionally, you may evaluate how the addition of Camping World to your portfolios can decrease your overall portfolio volatility.
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Is Camping World'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 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 (0.67) | Dividend Share 1.5 | Earnings Share 0.55 | Revenue Per Share 139.527 | Quarterly Revenue Growth (0.13) |
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.