Camden National Stock Technical Analysis

CAC Stock  USD 28.71  0.06  0.21%   
As of the 19th of April, Camden National shows the Standard Deviation of 2.33, risk adjusted performance of (0.07), and Mean Deviation of 1.75. Camden National technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Camden National, which can be compared to its peers. Please confirm Camden National maximum drawdown, and the relationship between the information ratio and potential upside to decide if Camden National is priced correctly, providing market reflects its regular price of 28.71 per share. Given that Camden National has information ratio of (0.15), we suggest you to validate Camden National's prevailing market performance to make sure the company can sustain itself at a future point.

Camden National Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Camden, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Camden
  
Camden National's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Camden National Analyst Consensus

Target PriceAdvice# of Analysts
33.33Hold4Odds
Camden National current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Camden analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Camden stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Camden National, talking to its executives and customers, or listening to Camden conference calls.
Camden Analyst Advice Details
Camden National 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.
A focus of Camden National technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Camden National trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Camden National Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Camden National volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Camden National Trend Analysis

Use this graph to draw trend lines for Camden National. You can use it to identify possible trend reversals for Camden National as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Camden National price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Camden National Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Camden National applied against its price change over selected period. The best fit line has a slop of   0.08  , which may imply that the returns on investment in Camden National will continue to fail. It has 122 observation points and a regression sum of squares at 267.51, which is the sum of squared deviations for the predicted Camden National price change compared to its average price change.

About Camden National Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Camden National on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Camden National based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Camden National price pattern first instead of the macroeconomic environment surrounding Camden National. By analyzing Camden National's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Camden National's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Camden National specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02940.03850.04480.0235
Price To Sales Ratio3.933.322.422.3

Camden National April 19, 2024 Technical Indicators

Most technical analysis of Camden help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Camden from various momentum indicators to cycle indicators. When you analyze Camden charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Camden National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Camden National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Camden National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Camden National Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camden National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.
Note that the Camden National information on this page should be used as a complementary analysis to other Camden National's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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 Camden Stock analysis

When running Camden National's price analysis, check to measure Camden National'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 Camden National is operating at the current time. Most of Camden National's value examination focuses on studying past and present price action to predict the probability of Camden National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camden National's price. Additionally, you may evaluate how the addition of Camden National to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Fundamental Analysis
View fundamental data based on most recent published financial statements
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Is Camden National'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 Camden National. If investors know Camden 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 Camden National 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
(0.45)
Dividend Share
1.68
Earnings Share
2.97
Revenue Per Share
11.069
Quarterly Revenue Growth
(0.18)
The market value of Camden National is measured differently than its book value, which is the value of Camden that is recorded on the company's balance sheet. Investors also form their own opinion of Camden National's value that differs from its market value or its book value, called intrinsic value, which is Camden National'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 Camden National's market value can be influenced by many factors that don't directly affect Camden National'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 Camden National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camden National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camden National'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.