Camping World Holdings Stock Market Value
| CWH Stock | USD 24.44 0.11 0.45% |
| Symbol | Camping |
Camping World Holdings Price To Book Ratio
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.
Camping World '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 Camping World'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 Camping World.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Camping World on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Camping World Holdings or generate 0.0% return on investment in Camping World over 30 days. Camping World is related to or competes with Group 1, Sonic Automotive, Penske Automotive, Lithia Motors, Asbury Automotive, AutoNation, and Vroom. Camping World Holdings, Inc., through its subsidiaries, retails recreational vehicles , and related products and service... More
Camping World 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 Camping World'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 Camping World Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.0168 | |||
| Maximum Drawdown | 18.66 | |||
| Value At Risk | (4.54) | |||
| Potential Upside | 5.86 |
Camping World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Camping World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Camping World's standard deviation. In reality, there are many statistical measures that can use Camping World historical prices to predict the future Camping World's volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0166 | |||
| Treynor Ratio | 0.0814 |
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 Holdings Backtested Returns
Camping World appears to be not too volatile, given 3 months investment horizon. Camping World Holdings secures Sharpe Ratio (or Efficiency) of 0.0621, which signifies that the company had a 0.0621% return per unit of risk over the last 3 months. We have found thirty technical indicators for Camping World Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Camping World's Mean Deviation of 2.31, downside deviation of 3.24, and Risk Adjusted Performance of 0.0533 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Camping World holds a performance score of 4. The firm shows a Beta (market volatility) of 2.23, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Camping World will likely underperform. Please check Camping World's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Camping World's price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Camping World Holdings has excellent predictability. Overlapping area represents the amount of predictability between Camping World time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Camping World Holdings price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Camping World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
Camping World Holdings lagged returns against current returns
Autocorrelation, which is Camping World 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 Camping World's stock expected returns. We can calculate the autocorrelation of Camping World returns to help us make a trade decision. For example, suppose you find that Camping World 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 |
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Camping World 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 Camping World stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Camping World stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Camping World stock over time.
Current vs Lagged Prices |
| Timeline |
Camping World Lagged Returns
When evaluating Camping World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Camping World stock have on its future price. Camping World 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, Camping World autocorrelation shows the relationship between Camping World stock current value and its past values and can show if there is a momentum factor associated with investing in Camping World Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Camping World Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Camping World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Camping World Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Camping World Holdings Stock:Check out Camping World Correlation, Camping World Volatility and Camping World Alpha and Beta module to complement your research on Camping World. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Camping World 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.