CalAmp Common Stock vs Common Stock Total Equity Analysis
CAMP Stock | USD 3.77 0.14 3.86% |
CalAmp Corp financial indicator trend analysis is way more than just evaluating CalAmp Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CalAmp Corp is a good investment. Please check the relationship between CalAmp Corp Common Stock and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CalAmp 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 population. To learn how to invest in CalAmp Stock, please use our How to Invest in CalAmp Corp guide.
Common Stock vs Common Stock Total Equity
Common Stock vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CalAmp Corp Common Stock account and Common Stock Total Equity. At this time, the significance of the direction appears to have totally related.
The correlation between CalAmp Corp's Common Stock and Common Stock Total Equity is 1.0. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of CalAmp Corp, assuming nothing else is changed. The correlation between historical values of CalAmp Corp's Common Stock and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of CalAmp Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock i.e., CalAmp Corp's Common Stock and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from CalAmp Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CalAmp Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CalAmp 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 population. To learn how to invest in CalAmp Stock, please use our How to Invest in CalAmp Corp guide.At this time, CalAmp Corp's Tax Provision is relatively stable compared to the past year. As of 05/20/2024, Enterprise Value Over EBITDA is likely to grow to 535.90, while Sales General And Administrative To Revenue is likely to drop 0.1.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 134.8M | 129.1M | 75.7M | 52.4M | Cost Of Revenue | 174.0M | 185.9M | 119.3M | 107.4M |
CalAmp Corp fundamental ratios Correlations
Click cells to compare fundamentals
CalAmp Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.