Clicks (South Africa) Price on December 18, 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 -0.0554, which signifies that the company had a -0.0554% return per unit of risk over the last 3 months. Clicks exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clicks' Standard Deviation of 1.06, mean deviation of 0.8437, and Risk Adjusted Performance of (0.01) 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.

Sharpe Ratio = -0.0554

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Estimated Market Risk

 1.03
  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

 -0.06
  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 18, 2024

It is possible to determine the worth of Clicks on a given historical date. On December 18, 2024 Clicks was worth 38850.0 at the beginning of the trading date compared to the closed value of 38634.0. 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
  39,763    39,763    38,855    39,012    688,120  
12/18/2024
  38,850    39,122    38,398    38,634    513,530  
  38,600    38,600    37,172    38,010    3,009,366  
Backtest Clicks  |  Clicks History  |  Clicks Valuation   PreviousNext  
Open Value
38850.0
38,847
Downside
38634.0
Closing Value
38,853
Upside

Clicks Trading Date Momentum on December 18, 2024

On December 19 2024 Clicks was traded for  38,010  at the closing time. The highest price during the trading period was 38,600  and the lowest recorded bid was listed for  37,172 . The volume for the day was 3 M. This history from December 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.62% . The overall trading delta to the current price is 2.54% .

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

Clicks Period Price Range

Low
December 25, 2024
0.00  NaN%
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.

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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