Clene Inc Stock Price on December 1, 2024

CLNNW Stock  USD 0.03  0.00  0.00%   
Below is the normalized historical share price chart for Clene Inc extending back to August 27, 2018. 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 Clene stands at 0.03, as last reported on the 29th of March, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day.
IPO Date
31st of December 2020
Beta
0.263
 
Covid
If you're considering investing in Clene Stock, it is important to understand the factors that can impact its price. At this stage we consider Clene Stock to be out of control. Clene Inc secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-five technical indicators for Clene Inc, which you can use to evaluate the volatility of the firm. Please confirm Clene's mean deviation of 16.75, and Risk Adjusted Performance of 0.0995 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
  
Liabilities And Stockholders Equity is likely to climb to about 36 M in 2025, despite the fact that Total Stockholder Equity is likely to grow to (8.4 M). . Price Earnings To Growth Ratio is likely to climb to 0.02 in 2025, whereas Price To Sales Ratio is likely to drop 102.57 in 2025. Clene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.006

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Estimated Market Risk

 17.07
  actual daily
96
96% of assets are less volatile

Expected Return

 0.1
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Clene 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 Clene by adding Clene to a well-diversified portfolio.
Book Value
(1.09)
Shares Float
5.3 M
Market Capitalization
647 M
Shares Short
139
Revenue Per Share
0.049

Clene Valuation on December 1, 2024

It is possible to determine the worth of Clene on a given historical date. On December 1, 2024 Clene was worth 0.035 at the beginning of the trading date compared to the closed value of 0.0372. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clene stock. Still, in general, we apply an absolute valuation method to find Clene'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 Clene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clene's related companies.
 Open High Low Close Volume
  0.03    0.03    0.03    0.03    2,857  
11/29/2024
  0.04    0.04    0.04    0.04    360.00  
  0.04    0.04    0.04    0.04    360.00  
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Open Value
0.035
0.0004
Downside
0.0372
Closing Value
51.26
Upside

Clene Trading Date Momentum on December 1, 2024

On December 02 2024 Clene Inc was traded for  0.04  at the closing time. The highest daily price throughout the period was 0.04  and the lowest price was  0.04 . The daily volume was 360. The net trading volume on 12/02/2024 did not affect price variability. The overall trading delta to current closing price is 8.06% .

Clene Inc Fundamentals Correlations and Trends

By evaluating Clene'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 Clene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clene financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Clene Stock history

Clene 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 Clene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clene Inc 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 Clene stock prices may prove useful in developing a viable investing in Clene
Last ReportedProjected for Next Year
Common Stock Shares OutstandingM5.3 M
Net Loss-26.9 M-28.3 M

Clene Stock Technical Analysis

Clene 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 Clene technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clene 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

Clene Period Price Range

Low
March 29, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Clene Inc 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.

Clene March 29, 2025 Market Strength

Market strength indicators help investors to evaluate how Clene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clene shares will generate the highest return on investment. By undertsting and applying Clene stock market strength indicators, traders can identify Clene Inc entry and exit signals to maximize returns

Clene Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Clene's price direction in advance. Along with the technical and fundamental analysis of Clene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clene 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.

Additional Tools for Clene Stock Analysis

When running Clene's price analysis, check to measure Clene'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 Clene is operating at the current time. Most of Clene's value examination focuses on studying past and present price action to predict the probability of Clene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clene's price. Additionally, you may evaluate how the addition of Clene to your portfolios can decrease your overall portfolio volatility.