Camelot Electronics' market value is the price at which a share of Camelot Electronics trades on a public exchange. It measures the collective expectations of Camelot Electronics Technology investors about its performance. Camelot Electronics is trading at 20.65 as of the 9th of January 2025, a 3.46% up since the beginning of the trading day. The stock's open price was 19.96. With this module, you can estimate the performance of a buy and hold strategy of Camelot Electronics Technology and determine expected loss or profit from investing in Camelot Electronics over a given investment horizon. Check out Camelot Electronics Correlation, Camelot Electronics Volatility and Camelot Electronics Alpha and Beta module to complement your research on Camelot Electronics.
Please note, there is a significant difference between Camelot Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Camelot Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camelot Electronics' 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.
Camelot Electronics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Camelot Electronics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Camelot Electronics.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/09/2025
0.00
If you would invest 0.00 in Camelot Electronics on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Camelot Electronics Technology or generate 0.0% return on investment in Camelot Electronics over 720 days. Camelot Electronics is related to or competes with Biwin Storage, PetroChina, Industrial, China Construction, China Petroleum, Agricultural Bank, and Bank of China. Camelot Electronics is entity of China. It is traded as Stock on SHE exchange. More
Camelot Electronics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Camelot Electronics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Camelot Electronics Technology upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Camelot Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Camelot Electronics' standard deviation. In reality, there are many statistical measures that can use Camelot Electronics historical prices to predict the future Camelot Electronics' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Camelot Electronics. Your research has to be compared to or analyzed against Camelot Electronics' peers to derive any actionable benefits. When done correctly, Camelot Electronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Camelot Electronics.
Camelot Electronics Backtested Returns
Camelot Electronics secures Sharpe Ratio (or Efficiency) of -0.0234, which signifies that the company had a -0.0234% return per unit of risk over the last 3 months. Camelot Electronics Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Camelot Electronics' Risk Adjusted Performance of (0.08), standard deviation of 3.42, and Mean Deviation of 2.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0798, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Camelot Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Camelot Electronics is expected to be smaller as well. At this point, Camelot Electronics has a negative expected return of -0.0685%. Please make sure to confirm Camelot Electronics' jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Camelot Electronics performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.15
Insignificant reverse predictability
Camelot Electronics Technology has insignificant reverse predictability. Overlapping area represents the amount of predictability between Camelot Electronics time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Camelot Electronics price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Camelot Electronics price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.15
Spearman Rank Test
-0.43
Residual Average
0.0
Price Variance
7.47
Camelot Electronics lagged returns against current returns
Autocorrelation, which is Camelot Electronics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Camelot Electronics' stock expected returns. We can calculate the autocorrelation of Camelot Electronics returns to help us make a trade decision. For example, suppose you find that Camelot Electronics has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Camelot Electronics regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Camelot Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Camelot Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Camelot Electronics stock over time.
Current vs Lagged Prices
Timeline
Camelot Electronics Lagged Returns
When evaluating Camelot Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Camelot Electronics stock have on its future price. Camelot Electronics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Camelot Electronics autocorrelation shows the relationship between Camelot Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Camelot Electronics Technology.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Camelot Electronics financial ratios help investors to determine whether Camelot Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Camelot with respect to the benefits of owning Camelot Electronics security.