CalAmp Other Assets vs Non Currrent Assets Other Analysis

CAMP Stock  USD 3.63  0.37  9.25%   
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 Other Assets and its Non Currrent Assets Other 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.

Other Assets vs Non Currrent Assets Other

Other Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CalAmp Corp Other Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between CalAmp Corp's Other Assets and Non Currrent Assets Other is 0.09. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Currrent Assets Other 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 Other Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of CalAmp Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Assets i.e., CalAmp Corp's Other Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 05/17/2024, 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 Expenses134.8M129.1M75.7M52.4M
Cost Of Revenue174.0M185.9M119.3M107.4M

CalAmp Corp fundamental ratios Correlations

0.920.690.890.40.710.62-0.10.810.940.690.790.930.520.930.910.780.450.940.710.950.530.710.430.430.51
0.920.710.910.040.820.83-0.290.670.930.870.630.880.331.00.750.910.260.990.820.810.490.720.240.250.28
0.690.710.86-0.010.730.78-0.550.230.840.760.210.740.450.720.610.780.460.770.730.470.260.670.420.420.25
0.890.910.860.070.90.84-0.410.50.970.860.460.910.450.90.840.90.370.940.90.720.590.690.390.390.29
0.40.04-0.010.07-0.22-0.410.50.610.17-0.320.660.290.60.080.5-0.180.580.08-0.220.570.090.20.510.510.76
0.710.820.730.9-0.220.86-0.480.310.850.870.250.680.160.780.630.880.130.831.00.50.690.410.120.12-0.02
0.620.830.780.84-0.410.86-0.60.140.810.930.090.720.180.80.480.880.090.830.860.370.390.630.120.12-0.08
-0.1-0.29-0.55-0.410.5-0.48-0.60.27-0.31-0.680.33-0.23-0.33-0.280.06-0.61-0.41-0.32-0.480.10.16-0.4-0.44-0.44-0.08
0.810.670.230.50.610.310.140.270.570.30.990.60.340.70.690.440.340.660.310.940.360.450.270.270.59
0.940.930.840.970.170.850.81-0.310.570.80.540.930.470.920.860.850.390.950.850.770.580.690.380.390.34
0.690.870.760.86-0.320.870.93-0.680.30.80.250.730.290.860.480.980.260.870.870.50.320.70.270.270.09
0.790.630.210.460.660.250.090.330.990.540.250.60.360.660.690.390.350.630.250.940.330.450.270.280.61
0.930.880.740.910.290.680.72-0.230.60.930.730.60.620.890.870.780.470.910.680.830.410.850.520.520.46
0.520.330.450.450.60.160.18-0.330.340.470.290.360.620.360.510.350.940.390.160.51-0.080.720.960.960.86
0.931.00.720.90.080.780.8-0.280.70.920.860.660.890.360.740.90.30.990.780.830.430.760.270.270.31
0.910.750.610.840.50.630.480.060.690.860.480.690.870.510.740.570.380.780.630.850.690.560.440.440.49
0.780.910.780.9-0.180.880.88-0.610.440.850.980.390.780.350.90.570.330.920.880.620.350.720.320.320.2
0.450.260.460.370.580.130.09-0.410.340.390.260.350.470.940.30.380.330.320.130.45-0.160.60.940.940.87
0.940.990.770.940.080.830.83-0.320.660.950.870.630.910.390.990.780.920.320.830.820.480.760.30.310.31
0.710.820.730.9-0.221.00.86-0.480.310.850.870.250.680.160.780.630.880.130.830.50.690.410.120.12-0.02
0.950.810.470.720.570.50.370.10.940.770.50.940.830.510.830.850.620.450.820.50.420.660.420.420.61
0.530.490.260.590.090.690.390.160.360.580.320.330.41-0.080.430.690.35-0.160.480.690.42-0.07-0.13-0.12-0.07
0.710.720.670.690.20.410.63-0.40.450.690.70.450.850.720.760.560.720.60.760.410.66-0.070.620.620.54
0.430.240.420.390.510.120.12-0.440.270.380.270.270.520.960.270.440.320.940.30.120.42-0.130.621.00.86
0.430.250.420.390.510.120.12-0.440.270.390.270.280.520.960.270.440.320.940.310.120.42-0.120.621.00.86
0.510.280.250.290.76-0.02-0.08-0.080.590.340.090.610.460.860.310.490.20.870.31-0.020.61-0.070.540.860.86
Click cells to compare fundamentals

CalAmp Corp Account Relationship Matchups

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When determining whether CalAmp Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CalAmp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Calamp Corp Stock. Highlighted below are key reports to facilitate an investment decision about Calamp Corp Stock:
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.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.