Calamp Corp Stock Probability of Future Stock Price Finishing Over 3.27
| CAMP Stock | USD 3.27 0.06 1.80% |
CalAmp |
CalAmp Corp Target Price Odds to finish over 3.27
The tendency of CalAmp Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 3.27 | 90 days | 3.27 | about 39.01 |
Based on a normal probability distribution, the odds of CalAmp Corp to move above the current price in 90 days from now is about 39.01 (This CalAmp Corp probability density function shows the probability of CalAmp Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.33 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CalAmp Corp will likely underperform. Additionally CalAmp Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. CalAmp Corp Price Density |
| Price |
Predictive Modules for CalAmp Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CalAmp Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CalAmp Corp'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.
CalAmp Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CalAmp Corp is not an exception. The market had few large corrections towards the CalAmp Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold CalAmp Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CalAmp Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.17 | |
β | Beta against NYSE Composite | 2.33 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | -0.0072 |
CalAmp Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CalAmp Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CalAmp Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CalAmp Corp generated a negative expected return over the last 90 days | |
| CalAmp Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 186.23 M. Net Loss for the year was (32.49 M) with profit before overhead, payroll, taxes, and interest of 121.89 M. | |
| CalAmp Corp currently holds about 47.72 M in cash with (22.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29. | |
| CalAmp Corp has a poor financial position based on the latest SEC disclosures | |
| Latest headline from prnewswire.com: BLOOMINGDALES LAUNCHES CAMP BLOOMINGDALES |
CalAmp Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CalAmp Stock often depends not only on the future outlook of the current and potential CalAmp Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CalAmp Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37 M |
CalAmp Corp Technical Analysis
CalAmp Corp's future price can be derived by breaking down and analyzing its technical indicators over time. CalAmp Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CalAmp Corp. In general, you should focus on analyzing CalAmp Stock price patterns and their correlations with different microeconomic environments and drivers.
CalAmp Corp Predictive Forecast Models
CalAmp Corp's time-series forecasting models is one of many CalAmp Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary CalAmp Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about CalAmp Corp
Checking the ongoing alerts about CalAmp Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CalAmp Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CalAmp Corp generated a negative expected return over the last 90 days | |
| CalAmp Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 186.23 M. Net Loss for the year was (32.49 M) with profit before overhead, payroll, taxes, and interest of 121.89 M. | |
| CalAmp Corp currently holds about 47.72 M in cash with (22.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29. | |
| CalAmp Corp has a poor financial position based on the latest SEC disclosures | |
| Latest headline from prnewswire.com: BLOOMINGDALES LAUNCHES CAMP BLOOMINGDALES |
Check out CalAmp Corp Backtesting, CalAmp Corp Valuation, CalAmp Corp Correlation, CalAmp Corp Hype Analysis, CalAmp Corp Volatility, CalAmp Corp History as well as CalAmp Corp Performance. To learn how to invest in CalAmp Stock, please use our How to Invest in CalAmp Corp guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for CalAmp Stock analysis
When running CalAmp Corp's price analysis, check to measure CalAmp Corp'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 CalAmp Corp is operating at the current time. Most of CalAmp Corp's value examination focuses on studying past and present price action to predict the probability of CalAmp Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CalAmp Corp's price. Additionally, you may evaluate how the addition of CalAmp Corp to your portfolios can decrease your overall portfolio volatility.
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Is CalAmp Corp'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 CalAmp Corp. If investors know CalAmp 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 CalAmp Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (63.02) | Revenue Per Share 165.106 | Quarterly Revenue Growth (0.32) | Return On Assets (0.03) | Return On Equity (1.30) |
The market value of CalAmp Corp is measured differently than its book value, which is the value of CalAmp that is recorded on the company's balance sheet. Investors also form their own opinion of CalAmp Corp's value that differs from its market value or its book value, called intrinsic value, which is CalAmp Corp'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 CalAmp Corp's market value can be influenced by many factors that don't directly affect CalAmp Corp'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 CalAmp Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CalAmp Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CalAmp Corp'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.