Clearfield Stock Price on December 1, 2024

CLFD Stock  USD 30.60  0.62  2.07%   
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 30.60, as last reported on the 1st of December, with the highest price reaching 30.91 and the lowest price hitting 30.32 during the day.
IPO Date
7th of August 1986
200 Day MA
35.318
50 Day MA
35.2494
Beta
1.356
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0879, which signifies that the company had a -0.0879% return per unit of standard deviation over the last 3 months. Clearfield exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clearfield's risk adjusted performance of (0.06), and Mean Deviation of 2.12 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.

Sharpe Ratio = -0.0879

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Estimated Market Risk

 2.61
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  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
1.5855
Enterprise Value Ebitda
117.3229
Price Sales
2.6228
Shares Float
11.9 M
Wall Street Target Price
46

Related Headline

Harmonic Headline on 1st of December 2024

Filed transaction by Harmonic Officer General Counsel Svp, Hr. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Clearfield Valuation on December 1, 2024

It is possible to determine the worth of Clearfield on a given historical date. On December 1, 2024 Clearfield was worth 30.32 at the beginning of the trading date compared to the closed value of 30.6. 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
  30.32    30.91    30.32    30.60    66,111  
12/01/2024
  30.32    30.91    30.32    30.60    0.00  
Backtest Clearfield  |  Clearfield History  |  Clearfield Valuation   Previous
Open Value
30.32
30.6
Closing Value
38.16
Upside

Clearfield Trading Date Momentum on December 1, 2024

On December 01 2024 Clearfield was traded for  30.60  at the closing time. The top price for the day was 30.91  and the lowest listed price was  30.32 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.92% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding14.6 M12.2 M
Net Income Applicable To Common Shares56.8 M59.6 M

Clearfield Quarterly Net Working Capital

205.24 Million

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.
A focus of Clearfield technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clearfield trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Clearfield Period Price Range

Low
December 1, 2024
0.00  NaN%
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 December 1, 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.

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.
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