Cleveland Cliffs Stock Forecast - Daily Balance Of Power
| CLF Stock | USD 10.05 0.15 1.52% |
Cleveland Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Cleveland Cliffs' historical fundamentals, such as revenue growth or operating cash flow patterns.
Cleveland |
Open Interest Against 2025-01-10 Cleveland Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Cleveland Cliffs' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Cleveland Cliffs' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Cleveland Cliffs stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Cleveland Cliffs' open interest, investors have to compare it to Cleveland Cliffs' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Cleveland Cliffs is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Cleveland. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.57) | (0.46) |
| Check Cleveland Cliffs Volatility | Backtest Cleveland Cliffs | Trend Details |
Cleveland Cliffs Trading Date Momentum
| On December 20 2024 Cleveland Cliffs was traded for 9.38 at the closing time. Highest Cleveland Cliffs's price during the trading hours was 9.59 and the lowest price during the day was 9.20 . The net volume was 49.7 M. The overall trading history on the 20th of December contributed to the next trading period price rise. The overall trading delta to the next next day price was 0.54% . The overall trading delta to current price is 0.64% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Cleveland Cliffs to competition |
Other Forecasting Options for Cleveland Cliffs
For every potential investor in Cleveland, whether a beginner or expert, Cleveland Cliffs' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cleveland Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cleveland. Basic forecasting techniques help filter out the noise by identifying Cleveland Cliffs' price trends.Cleveland Cliffs Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cleveland Cliffs stock to make a market-neutral strategy. Peer analysis of Cleveland Cliffs could also be used in its relative valuation, which is a method of valuing Cleveland Cliffs by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cleveland Cliffs Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cleveland Cliffs' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cleveland Cliffs' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cleveland Cliffs Market Strength Events
Market strength indicators help investors to evaluate how Cleveland Cliffs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cleveland Cliffs shares will generate the highest return on investment. By undertsting and applying Cleveland Cliffs stock market strength indicators, traders can identify Cleveland Cliffs entry and exit signals to maximize returns.
Cleveland Cliffs Risk Indicators
The analysis of Cleveland Cliffs' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Cleveland Cliffs' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cleveland stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.6 | |||
| Standard Deviation | 3.92 | |||
| Variance | 15.38 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Check out Historical Fundamental Analysis of Cleveland Cliffs to cross-verify your projections. For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Metals & Mining 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 Cleveland Cliffs. If investors know Cleveland 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 Cleveland Cliffs 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 (0.99) | Earnings Share (0.98) | Revenue Per Share | Quarterly Revenue Growth (0.18) | Return On Assets |
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' 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 Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' 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 Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' 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.