Clicks (South Africa) Price on December 17, 2024
CLS Stock | 37,957 263.00 0.69% |
If you're considering investing in Clicks Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clicks stands at 37,957, as last reported on the 25th of December, with the highest price reaching 38,767 and the lowest price hitting 37,652 during the day. Clicks secures Sharpe Ratio (or Efficiency) of -0.055, which signifies that the company had a -0.055% return per unit of risk over the last 3 months. Clicks exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clicks' Risk Adjusted Performance of (0.02), standard deviation of 1.06, and Mean Deviation of 0.8512 to double-check the risk estimate we provide.
Clicks Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clicks |
Sharpe Ratio = -0.055
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Estimated Market Risk
1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clicks 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 Clicks by adding Clicks to a well-diversified portfolio.
Clicks Valuation on December 17, 2024
It is possible to determine the worth of Clicks on a given historical date. On December 17, 2024 Clicks was worth 39763.0 at the beginning of the trading date compared to the closed value of 39012.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clicks stock. Still, in general, we apply an absolute valuation method to find Clicks' 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 Clicks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clicks' related companies.
Open | High | Low | Close | Volume | |
39,001 | 39,731 | 39,001 | 39,400 | 598,240 | |
12/17/2024 | 39,763 | 39,763 | 38,855 | 39,012 | 688,120 |
38,850 | 39,122 | 38,398 | 38,634 | 513,530 |
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Clicks Trading Date Momentum on December 17, 2024
On December 18 2024 Clicks was traded for 38,634 at the closing time. The highest price during the trading period was 39,122 and the lowest recorded bid was listed for 38,398 . The volume for the day was 513.5 K. This history from December 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.97% . The overall trading delta to the current price is 3.49% . |
Clicks Fundamentals Correlations and Trends
By evaluating Clicks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Clicks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clicks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clicks Stock history
Clicks 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 Clicks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clicks 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 Clicks stock prices may prove useful in developing a viable investing in Clicks
Clicks Stock Technical Analysis
Clicks 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
Clicks Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Clicks cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Clicks December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Clicks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clicks shares will generate the highest return on investment. By undertsting and applying Clicks stock market strength indicators, traders can identify Clicks entry and exit signals to maximize returns
Clicks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clicks' price direction in advance. Along with the technical and fundamental analysis of Clicks Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clicks 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 | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.19) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Clicks Stock analysis
When running Clicks' price analysis, check to measure Clicks' 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 Clicks is operating at the current time. Most of Clicks' value examination focuses on studying past and present price action to predict the probability of Clicks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clicks' price. Additionally, you may evaluate how the addition of Clicks to your portfolios can decrease your overall portfolio volatility.
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