Cambium Networks Corp Stock Price on September 5, 2024
CMBM Stock | USD 1.10 0.04 3.51% |
If you're considering investing in Cambium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cambium Networks stands at 1.10, as last reported on the 19th of February, with the highest price reaching 1.19 and the lowest price hitting 1.08 during the day. Cambium Networks appears to be extremely dangerous, given 3 months investment horizon. Cambium Networks Corp secures Sharpe Ratio (or Efficiency) of 0.0369, which signifies that the company had a 0.0369 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cambium Networks Corp, which you can use to evaluate the volatility of the firm. Please makes use of Cambium Networks' Mean Deviation of 5.89, risk adjusted performance of 0.035, and Downside Deviation of 7.14 to double-check if our risk estimates are consistent with your expectations.
Cambium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cambium |
Sharpe Ratio = 0.0369
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Estimated Market Risk
7.73 actual daily | 68 68% of assets are less volatile |
Expected Return
0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Cambium Networks is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cambium Networks by adding it to a well-diversified portfolio.
Cambium Networks Valuation on September 5, 2024
It is possible to determine the worth of Cambium Networks on a given historical date. On September 5, 2024 Cambium was worth 1.67 at the beginning of the trading date compared to the closed value of 1.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cambium Networks stock. Still, in general, we apply an absolute valuation method to find Cambium Networks' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cambium Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cambium Networks' related companies.
Open | High | Low | Close | Volume | |
1.66 | 1.70 | 1.62 | 1.69 | 23,406 | |
09/05/2024 | 1.67 | 1.75 | 1.64 | 1.71 | 12,702 |
1.70 | 1.70 | 1.64 | 1.67 | 22,452 |
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Cambium Networks Trading Date Momentum on September 5, 2024
On September 06 2024 Cambium Networks Corp was traded for 1.67 at the closing time. The top price for the day was 1.70 and the lowest listed price was 1.64 . The trading volume for the day was 22.5 K. The trading history from September 6, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.34% . The overall trading delta against the current closing price is 2.92% . |
Cambium Networks Corp Fundamentals Correlations and Trends
By evaluating Cambium Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cambium Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cambium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cambium Networks Stock history
Cambium Networks investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cambium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cambium Networks Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cambium Networks stock prices may prove useful in developing a viable investing in Cambium Networks
Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for commercial and government network operators. The was founded in 2011 and is headquartered in Rolling Meadows, Illinois. Cambium Networks operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 573 people.
Cambium Networks Stock Technical Analysis
Cambium Networks 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.
Price Boundaries
Cambium Networks Period Price Range
Low | February 19, 2025
| High |
0.00 | 0.00 |
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Cambium Networks February 19, 2025 Market Strength
Market strength indicators help investors to evaluate how Cambium Networks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cambium Networks shares will generate the highest return on investment. By undertsting and applying Cambium Networks stock market strength indicators, traders can identify Cambium Networks Corp entry and exit signals to maximize returns
Cambium Networks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cambium Networks' price direction in advance. Along with the technical and fundamental analysis of Cambium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cambium to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.035 | |||
Jensen Alpha | 0.2245 | |||
Total Risk Alpha | 0.1064 | |||
Sortino Ratio | 0.0365 | |||
Treynor Ratio | 0.0827 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambium Networks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Communications Equipment 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 Cambium Networks. If investors know Cambium 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 Cambium Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cambium Networks Corp is measured differently than its book value, which is the value of Cambium that is recorded on the company's balance sheet. Investors also form their own opinion of Cambium Networks' value that differs from its market value or its book value, called intrinsic value, which is Cambium Networks' 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 Cambium Networks' market value can be influenced by many factors that don't directly affect Cambium Networks' 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 Cambium Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambium Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambium Networks' 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.