Camp4 Therapeutics Poration Stock Market Value
| CAMP Stock | USD 4.85 0.22 4.34% |
| Symbol | CAMP4 |
CAMP4 THERAPEUTICS Price To Book Ratio
Is Pharmaceutical Products 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 CAMP4 THERAPEUTICS. If investors know CAMP4 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 CAMP4 THERAPEUTICS 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 CAMP4 THERAPEUTICS is measured differently than its book value, which is the value of CAMP4 that is recorded on the company's balance sheet. Investors also form their own opinion of CAMP4 THERAPEUTICS's value that differs from its market value or its book value, called intrinsic value, which is CAMP4 THERAPEUTICS'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 CAMP4 THERAPEUTICS's market value can be influenced by many factors that don't directly affect CAMP4 THERAPEUTICS'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 CAMP4 THERAPEUTICS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAMP4 THERAPEUTICS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAMP4 THERAPEUTICS'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.
CAMP4 THERAPEUTICS '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 CAMP4 THERAPEUTICS's 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 CAMP4 THERAPEUTICS.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in CAMP4 THERAPEUTICS on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding CAMP4 THERAPEUTICS PORATION or generate 0.0% return on investment in CAMP4 THERAPEUTICS over 180 days. CAMP4 THERAPEUTICS is related to or competes with Harmonic, CommScope Holding, NETGEAR, Comtech Telecommunicatio, Mynaric AG, Knowles Cor, and Ituran Location. CalAmp Corp., a connected intelligence company, provides leverages a data-driven solutions ecosystem to people and organ... More
CAMP4 THERAPEUTICS 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 CAMP4 THERAPEUTICS's 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 CAMP4 THERAPEUTICS PORATION upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 71.14 | |||
| Value At Risk | (24.75) | |||
| Potential Upside | 10.76 |
CAMP4 THERAPEUTICS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAMP4 THERAPEUTICS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAMP4 THERAPEUTICS's standard deviation. In reality, there are many statistical measures that can use CAMP4 THERAPEUTICS historical prices to predict the future CAMP4 THERAPEUTICS's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (4.28) | |||
| Total Risk Alpha | (6.34) | |||
| Treynor Ratio | 3.1 |
CAMP4 THERAPEUTICS Backtested Returns
CAMP4 THERAPEUTICS secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. CAMP4 THERAPEUTICS PORATION exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CAMP4 THERAPEUTICS's Variance of 197.96, coefficient of variation of (318.29), and Mean Deviation of 9.28 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.43, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CAMP4 THERAPEUTICS are expected to decrease by larger amounts. On the other hand, during market turmoil, CAMP4 THERAPEUTICS is expected to outperform it. At this point, CAMP4 THERAPEUTICS has a negative expected return of -1.69%. Please make sure to confirm CAMP4 THERAPEUTICS's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if CAMP4 THERAPEUTICS performance from the past will be repeated in the future.
Auto-correlation | 0.32 |
Below average predictability
CAMP4 THERAPEUTICS PORATION has below average predictability. Overlapping area represents the amount of predictability between CAMP4 THERAPEUTICS time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CAMP4 THERAPEUTICS price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current CAMP4 THERAPEUTICS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
CAMP4 THERAPEUTICS lagged returns against current returns
Autocorrelation, which is CAMP4 THERAPEUTICS 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 CAMP4 THERAPEUTICS's stock expected returns. We can calculate the autocorrelation of CAMP4 THERAPEUTICS returns to help us make a trade decision. For example, suppose you find that CAMP4 THERAPEUTICS 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 |
CAMP4 THERAPEUTICS 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 CAMP4 THERAPEUTICS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAMP4 THERAPEUTICS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAMP4 THERAPEUTICS stock over time.
Current vs Lagged Prices |
| Timeline |
CAMP4 THERAPEUTICS Lagged Returns
When evaluating CAMP4 THERAPEUTICS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAMP4 THERAPEUTICS stock have on its future price. CAMP4 THERAPEUTICS 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, CAMP4 THERAPEUTICS autocorrelation shows the relationship between CAMP4 THERAPEUTICS stock current value and its past values and can show if there is a momentum factor associated with investing in CAMP4 THERAPEUTICS PORATION.
Regressed Prices |
| Timeline |
Pair Trading with CAMP4 THERAPEUTICS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CAMP4 THERAPEUTICS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CAMP4 THERAPEUTICS will appreciate offsetting losses from the drop in the long position's value.Moving against CAMP4 Stock
The ability to find closely correlated positions to CAMP4 THERAPEUTICS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CAMP4 THERAPEUTICS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CAMP4 THERAPEUTICS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CAMP4 THERAPEUTICS PORATION to buy it.
The correlation of CAMP4 THERAPEUTICS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CAMP4 THERAPEUTICS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CAMP4 THERAPEUTICS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CAMP4 THERAPEUTICS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for CAMP4 Stock Analysis
When running CAMP4 THERAPEUTICS's price analysis, check to measure CAMP4 THERAPEUTICS'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 CAMP4 THERAPEUTICS is operating at the current time. Most of CAMP4 THERAPEUTICS's value examination focuses on studying past and present price action to predict the probability of CAMP4 THERAPEUTICS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CAMP4 THERAPEUTICS's price. Additionally, you may evaluate how the addition of CAMP4 THERAPEUTICS to your portfolios can decrease your overall portfolio volatility.