Clearfield Stock Price on May 2, 2024
| CLFD Stock | USD 29.98 0.92 2.98% |
Below is the normalized historical share price chart for Clearfield extending back to August 06, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Clearfield stands at 29.98, as last reported on the 28th of November, with the highest price reaching 31.23 and the lowest price hitting 29.67 during the day.
If you're considering investing in Clearfield Stock, it is important to understand the factors that can impact its price. Clearfield secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Clearfield exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clearfield's mean deviation of 2.1, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
At present, Clearfield's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 167.6 M, whereas Common Stock Total Equity is forecasted to decline to about 138.4 K. . The current year's Price Earnings To Growth Ratio is expected to grow to 1.25, whereas Price To Sales Ratio is forecasted to decline to 0.92. Clearfield Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 1986 | 200 Day MA 35.3104 | 50 Day MA 35.6426 | Beta 1.356 |
Clearfield |
Sharpe Ratio = -0.118
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CLFD |
Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clearfield is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Clearfield by adding Clearfield to a well-diversified portfolio.
Price Book 1.6011 | Enterprise Value Ebitda 117.3229 | Price Sales 2.5696 | Shares Float 11.9 M | Wall Street Target Price 46 |
Related Headline
KVH Industries Headline on 2nd of May 2024
Acquisition by Robert Balog of 14960 shares of KVH Industrie... by Robert Balog
Filed transaction by KVH Industries Officer Chief Technology Officer. Grant, award or other acquisition pursuant to Rule 16b-3
Clearfield Valuation on May 2, 2024
It is possible to determine the worth of Clearfield on a given historical date. On May 2, 2024 Clearfield was worth 31.16 at the beginning of the trading date compared to the closed value of 31.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clearfield stock. Still, in general, we apply an absolute valuation method to find Clearfield's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Clearfield where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clearfield's related companies.
| Open | High | Low | Close | Volume | |
| 30.35 | 31.59 | 29.86 | 30.94 | 260,393 | |
05/02/2024 | 31.16 | 32.55 | 30.52 | 31.91 | 294,668 |
| 39.90 | 40.00 | 35.46 | 36.13 | 687,406 |
| Backtest Clearfield | | | Clearfield History | | | Clearfield Valuation | Previous | Next |
Clearfield Trading Date Momentum on May 2, 2024
| On May 03 2024 Clearfield was traded for 36.13 at the closing time. The top price for the day was 40.00 and the lowest listed price was 35.46 . The trading volume for the day was 687.4 K. The trading history from May 3, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 13.22% . The overall trading delta against the current closing price is 17.05% . |
Clearfield Fundamentals Correlations and Trends
By evaluating Clearfield's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Clearfield's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clearfield financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clearfield Stock history
Clearfield investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Clearfield is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clearfield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Clearfield stock prices may prove useful in developing a viable investing in Clearfield
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.6 M | 12.2 M | |
| Net Income Applicable To Common Shares | 56.8 M | 59.6 M |
Clearfield Quarterly Net Working Capital |
|
Clearfield Stock Technical Analysis
Clearfield 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.
Price Boundaries
Clearfield Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Clearfield cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Clearfield November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Clearfield stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clearfield shares will generate the highest return on investment. By undertsting and applying Clearfield stock market strength indicators, traders can identify Clearfield entry and exit signals to maximize returns
Clearfield Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clearfield's price direction in advance. Along with the technical and fundamental analysis of Clearfield Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clearfield to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Clearfield Stock analysis
When running Clearfield's price analysis, check to measure Clearfield'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 Clearfield is operating at the current time. Most of Clearfield's value examination focuses on studying past and present price action to predict the probability of Clearfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearfield's price. Additionally, you may evaluate how the addition of Clearfield to your portfolios can decrease your overall portfolio volatility.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |