Camping World Holdings Stock Probability of Future Stock Price Finishing Under 20.06
| CWH Stock | USD 24.15 0.73 2.93% |
Closest to current price Camping long CALL Option Payoff at Expiration
Camping |
Camping World Target Price Odds to finish below 20.06
The tendency of Camping Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 20.06 or more in 90 days |
| 24.15 | 90 days | 20.06 | near 1 |
Based on a normal probability distribution, the odds of Camping World to drop to $ 20.06 or more in 90 days from now is near 1 (This Camping World Holdings probability density function shows the probability of Camping Stock to fall within a particular range of prices over 90 days) . Probability of Camping World Holdings price to stay between $ 20.06 and its current price of $24.15 at the end of the 90-day period is about 75.48 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.44 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Camping World will likely underperform. Additionally Camping World Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Camping World Price Density |
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Predictive Modules for Camping World
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Camping World Holdings. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Camping World's 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.
Camping World Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Camping World is not an exception. The market had few large corrections towards the Camping World's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Camping World Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Camping World within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 2.44 | |
σ | Overall volatility | 1.28 | |
Ir | Information ratio | 0.04 |
Camping World Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Camping World for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Camping World Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Camping World had very high historical volatility over the last 90 days | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Dont Race Out To Buy Camping World Holdings, Inc. Just Because Its Going Ex-Dividend |
Camping World Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Camping Stock often depends not only on the future outlook of the current and potential Camping World's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Camping World's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 85 M | |
| Cash And Short Term Investments | 39.6 M |
Camping World Technical Analysis
Camping World's future price can be derived by breaking down and analyzing its technical indicators over time. Camping Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Camping World Holdings. In general, you should focus on analyzing Camping Stock price patterns and their correlations with different microeconomic environments and drivers.
Camping World Predictive Forecast Models
Camping World's time-series forecasting models is one of many Camping World's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Camping World's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Camping World Holdings
Checking the ongoing alerts about Camping World for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Camping World Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Camping World had very high historical volatility over the last 90 days | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Dont Race Out To Buy Camping World Holdings, Inc. Just Because Its Going Ex-Dividend |
Check out Camping World Backtesting, Camping World Valuation, Camping World Correlation, Camping World Hype Analysis, Camping World Volatility, Camping World History as well as Camping World Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Automotive Retail space 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 Camping World. If investors know Camping 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 Camping World 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 (0.72) | Dividend Share 0.5 | Earnings Share (0.66) | Revenue Per Share 133.247 | Quarterly Revenue Growth (0) |
The market value of Camping World Holdings is measured differently than its book value, which is the value of Camping that is recorded on the company's balance sheet. Investors also form their own opinion of Camping World's value that differs from its market value or its book value, called intrinsic value, which is Camping World'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 Camping World's market value can be influenced by many factors that don't directly affect Camping World'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 Camping World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camping World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camping World'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.