Comtech Telecommunications Corp Stock Price on March 7, 2023
| CMTL Stock | USD 1.88 0.13 6.47% |
If you're considering investing in Comtech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Comtech Telecommunicatio stands at 1.88, as last reported on the 19th of April, with the highest price reaching 2.03 and the lowest price hitting 1.86 during the day. Comtech Telecommunicatio secures Sharpe Ratio (or Efficiency) of -0.32, which signifies that the company had a -0.32% return per unit of risk over the last 3 months. Comtech Telecommunications Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Comtech Telecommunicatio's Risk Adjusted Performance of (0.19), standard deviation of 6.32, and Mean Deviation of 4.02 to double-check the risk estimate we provide.
Comtech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Comtech |
Sharpe Ratio = -0.3175
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Estimated Market Risk
| 6.32 actual daily | 55 55% of assets are less volatile |
Expected Return
| -2.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.32 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Comtech Telecommunicatio is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Comtech Telecommunicatio by adding Comtech Telecommunicatio to a well-diversified portfolio.
Comtech Telecommunicatio Valuation on March 7, 2023
It is possible to determine the worth of Comtech Telecommunicatio on a given historical date. On March 7, 2023 Comtech was worth 15.82 at the beginning of the trading date compared to the closed value of 15.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Comtech Telecommunicatio stock. Still, in general, we apply an absolute valuation method to find Comtech Telecommunicatio's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Comtech Telecommunicatio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Comtech Telecommunicatio's related companies.
| Open | High | Low | Close | Volume | |
| 16.20 | 16.20 | 15.59 | 15.71 | 91,365 | |
03/07/2023 | 15.82 | 15.85 | 15.34 | 15.67 | 84,313 |
| 15.74 | 15.95 | 15.60 | 15.94 | 73,015 |
| Backtest Comtech Telecommunicatio | | | Comtech Telecommunicatio History | | | Comtech Telecommunicatio Valuation | Previous | Next |
Comtech Telecommunicatio Trading Date Momentum on March 7, 2023
| On March 08 2023 Comtech Telecommunications Corp was traded for 15.94 at the closing time. The top price for the day was 15.95 and the lowest listed price was 15.60 . The trading volume for the day was 73 K. The trading history from March 8, 2023 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 1.72% . The overall trading delta against the current closing price is 19.59% . |
Comtech Telecommunicatio Fundamentals Correlations and Trends
By evaluating Comtech Telecommunicatio's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Comtech Telecommunicatio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Comtech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Comtech Telecommunicatio Stock history
Comtech Telecommunicatio investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Comtech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Comtech Telecommunicatio will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Comtech Telecommunicatio stock prices may prove useful in developing a viable investing in Comtech Telecommunicatio
Comtech Telecommunications Corp., together with its subsidiaries, designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York. Comtech Telecom operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 1993 people.
Comtech Telecommunicatio Stock Technical Analysis
Comtech Telecommunicatio technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Comtech Telecommunicatio Period Price Range
Low | March 7, 2023
| High |
15.82 | 15.67 |
Comtech Telecommunicatio April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Comtech Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Comtech Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Comtech Telecommunicatio stock market strength indicators, traders can identify Comtech Telecommunications Corp entry and exit signals to maximize returns
| Accumulation Distribution | 2712.91 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 15.6 | |||
| Day Typical Price | 15.62 | |||
| Period Momentum Indicator | (13.79) | |||
| Relative Strength Index | 10.72 |
Comtech Telecommunicatio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Comtech Telecommunicatio's price direction in advance. Along with the technical and fundamental analysis of Comtech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Comtech to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (1.97) | |||
| Total Risk Alpha | (2.62) | |||
| Treynor Ratio | 2.8 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comtech Telecommunications Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Comtech Stock analysis
When running Comtech Telecommunicatio's price analysis, check to measure Comtech Telecommunicatio'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 Comtech Telecommunicatio is operating at the current time. Most of Comtech Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Comtech Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comtech Telecommunicatio's price. Additionally, you may evaluate how the addition of Comtech Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
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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.
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 if Comtech Telecommunicatio is a good investment 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.