Ceragon Networks Stock Market Value
| CRNT Stock | USD 4.54 0.47 11.55% |
| Symbol | Ceragon |
Ceragon Networks Price To Book Ratio
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 Ceragon Networks. If investors know Ceragon 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 Ceragon Networks 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 2.444 | Earnings Share 0.21 | Revenue Per Share 4.249 | Quarterly Revenue Growth 0.115 | Return On Assets 0.0614 |
The market value of Ceragon Networks is measured differently than its book value, which is the value of Ceragon that is recorded on the company's balance sheet. Investors also form their own opinion of Ceragon Networks' value that differs from its market value or its book value, called intrinsic value, which is Ceragon 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 Ceragon Networks' market value can be influenced by many factors that don't directly affect Ceragon 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 Ceragon Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ceragon Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ceragon 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.
Ceragon Networks '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 Ceragon Networks' 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 Ceragon Networks.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ceragon Networks on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ceragon Networks or generate 0.0% return on investment in Ceragon Networks over 90 days. Ceragon Networks is related to or competes with Cambium Networks, KVH Industries, Knowles Cor, AudioCodes, Ituran Location, Aviat Networks, and ADTRAN. Ceragon Networks Ltd. provides wireless backhaul and fronthaul solutions that enable cellular operators and other wirele... More
Ceragon Networks 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 Ceragon Networks' 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 Ceragon Networks upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | 0.1557 | |||
| Maximum Drawdown | 16.34 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 9.73 |
Ceragon Networks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ceragon Networks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ceragon Networks' standard deviation. In reality, there are many statistical measures that can use Ceragon Networks historical prices to predict the future Ceragon Networks' volatility.| Risk Adjusted Performance | 0.1542 | |||
| Jensen Alpha | 0.5735 | |||
| Total Risk Alpha | 0.084 | |||
| Sortino Ratio | 0.2422 | |||
| Treynor Ratio | 0.5922 |
Ceragon Networks Backtested Returns
Ceragon Networks appears to be moderately volatile, given 3 months investment horizon. Ceragon Networks secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Ceragon Networks' technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please makes use of Ceragon Networks' Risk Adjusted Performance of 0.1542, downside deviation of 2.49, and Mean Deviation of 2.46 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ceragon Networks holds a performance score of 15. The firm shows a Beta (market volatility) of 1.23, 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, Ceragon Networks will likely underperform. Please check Ceragon Networks' value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether Ceragon Networks' price patterns will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
Ceragon Networks has modest reverse predictability. Overlapping area represents the amount of predictability between Ceragon Networks time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th of November 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 Ceragon Networks price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Ceragon Networks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Ceragon Networks lagged returns against current returns
Autocorrelation, which is Ceragon Networks 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 Ceragon Networks' stock expected returns. We can calculate the autocorrelation of Ceragon Networks returns to help us make a trade decision. For example, suppose you find that Ceragon Networks 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 |
Ceragon Networks 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 Ceragon Networks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ceragon Networks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ceragon Networks stock over time.
Current vs Lagged Prices |
| Timeline |
Ceragon Networks Lagged Returns
When evaluating Ceragon Networks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ceragon Networks stock have on its future price. Ceragon Networks 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, Ceragon Networks autocorrelation shows the relationship between Ceragon Networks stock current value and its past values and can show if there is a momentum factor associated with investing in Ceragon Networks.
Regressed Prices |
| Timeline |
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Additional Tools for Ceragon Stock Analysis
When running Ceragon Networks' price analysis, check to measure Ceragon Networks' 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 Ceragon Networks is operating at the current time. Most of Ceragon Networks' value examination focuses on studying past and present price action to predict the probability of Ceragon Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ceragon Networks' price. Additionally, you may evaluate how the addition of Ceragon Networks to your portfolios can decrease your overall portfolio volatility.