Cambium Networks Corp Stock Momentum Indicators Average Directional Movement Index

CMBM Stock  USD 0.74  0.03  3.47%   
Cambium Networks momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Cambium Networks. Cambium Networks value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Cambium Networks are pattern recognition functions that provide distinct formation on Cambium Networks potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of Cambium Networks Corp and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Cambium Networks ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Cambium Networks Technical Analysis Modules

Most technical analysis of Cambium Networks help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cambium from various momentum indicators to cycle indicators. When you analyze Cambium charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cambium Networks Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cambium Networks Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cambium Networks Corp based on widely used predictive technical indicators. In general, we focus on analyzing Cambium Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cambium Networks's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cambium Networks's intrinsic value. In addition to deriving basic predictive indicators for Cambium Networks, we also check how macroeconomic factors affect Cambium Networks price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover6.24.857.924.66
Days Of Inventory On Hand70.43137.26161.2782.45
Hype
Prediction
LowEstimatedHigh
0.040.806.18
Details
Intrinsic
Valuation
LowRealHigh
0.234.6310.01
Details
Naive
Forecast
LowNextHigh
0.010.646.02
Details
4 Analysts
Consensus
LowTargetHigh
14.8216.2918.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cambium Networks. Your research has to be compared to or analyzed against Cambium Networks' peers to derive any actionable benefits. When done correctly, Cambium Networks' 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 Cambium Networks Corp.

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Cambium Networks Corp pair trading

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 Cambium Networks 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 Cambium Networks will appreciate offsetting losses from the drop in the long position's value.

Cambium Networks Pair Trading

Cambium Networks Corp Pair Trading Analysis

The ability to find closely correlated positions to Cambium Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cambium Networks 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 Cambium Networks - 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 Cambium Networks Corp to buy it.
The correlation of Cambium Networks 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 Cambium Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cambium Networks Corp 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 Cambium Networks 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.
Pair CorrelationCorrelation Matching
When determining whether Cambium Networks Corp is a strong investment it is important to analyze Cambium Networks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cambium Networks' future performance. For an informed investment choice regarding Cambium Stock, refer to the following important reports:
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.
Quarterly Earnings Growth
5.686
Earnings Share
(3.54)
Revenue Per Share
6.17
Quarterly Revenue Growth
0.016
Return On Assets
(0.22)
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.