Ceragon Story

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CRNT -- USA Stock  

USD 4.55  0.23  4.81%

It appears Ceragon Networks will continue to recover much faster as its share price surged up 53.97% today. The company current daily volatility is 7.8 percent, with a beta of 0.52 and an alpha of 0.27 over DOW. While some millenniums are indifferent towards disruptive technologies, it makes sense to review Ceragon Networks. We will evaluate why recent Ceragon Networks price moves suggest a bounce in February.
Published over a month ago
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Is Ceragon Networks (NASDAQ:CRNT) stock way too aggressive for baby boomers?
Ceragon Networks currently holds roughly 29.16 M in cash with 15.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.36. We provide trade advice to complement the prevailing expert consensus on Ceragon Networks. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
Investing in Ceragon Networks, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Ceragon Networks along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ceragon Networks' stock 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. Please use the tools below to analyze the current value of Ceragon Networks in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ceragon Networks. Your research has to be compared to or analyzed against Ceragon Networks' peers to derive any actionable benefits. When done correctly, Ceragon Networks' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ceragon Networks.

How important is Ceragon Networks's Liquidity

Ceragon Networks financial leverage refers to using borrowed capital as a funding source to finance Ceragon Networks ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Ceragon Networks financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Ceragon Networks's total debt and its cash.

How Ceragon utilizes its cash?

To perform a cash flow analysis of Ceragon Networks, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Ceragon Networks is receiving and how much cash it distributes out in a given period. The Ceragon Networks cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Ceragon Networks Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Ceragon Networks reported Net Cash Flow from Operations of (14.87 Million) in 2020

Ceragon Networks Correlation with Peers

Investors in Ceragon can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Ceragon Networks. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Ceragon Networks and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Ceragon is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.
Please check volatility of Ceragon for more details

What is driving Ceragon Networks Investor Appetite?

Ceragon Networks is very risky given 1 month investment horizon. Ceragon Networks secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had 0.16% of return per unit of risk over the last month. Our standpoint towards foreseeing the risk of a stock is to use both market data as well as company specific technical data. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.27% are justified by taking the suggested risk. Use Ceragon Networks Downside Deviation of 3.31, risk adjusted performance of 0.0945, and Mean Deviation of 2.61 to evaluate company specific risk that cannot be diversified away.
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Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Over 3 percent gain for Ceragon Networks. What does it mean for private investors?

Newest Risk Adjusted Performance is up to 0.09. Price may drop again. Ceragon Networks shows above-average downside volatility for the selected time horizon. We advise investors to inspect Ceragon Networks further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Ceragon Networks future alpha.

Whereas some companies under the communication equipment industry are still a bit expensive, Ceragon Networks may offer a potential longer-term growth to private investors. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to exit some or all of your Ceragon Networks holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Ceragon Networks.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Ceragon Networks. Please refer to our Terms of Use for any information regarding our disclosure principles.

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