Cleveland Cliffs Stock Market Value
| CLF Stock | USD 11.15 0.20 1.76% |
| Symbol | Cleveland |
Cleveland Cliffs Price To Book Ratio
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (1.57) | Revenue Per Share | Quarterly Revenue Growth (0.15) | Return On Assets |
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cleveland Cliffs 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cleveland Cliffs' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cleveland Cliffs.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Cleveland Cliffs on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Cleveland Cliffs or generate 0.0% return on investment in Cleveland Cliffs over 30 days. Cleveland Cliffs is related to or competes with Nucor Corp, Steel Dynamics, ArcelorMittal, Gerdau SA, United States, Reliance Steel, and Commercial Metals. Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America More
Cleveland Cliffs Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cleveland Cliffs' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cleveland Cliffs upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | 0.0187 | |||
| Maximum Drawdown | 24.48 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 5.96 |
Cleveland Cliffs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cleveland Cliffs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cleveland Cliffs' standard deviation. In reality, there are many statistical measures that can use Cleveland Cliffs historical prices to predict the future Cleveland Cliffs' volatility.| Risk Adjusted Performance | 0.0246 | |||
| Jensen Alpha | 0.0753 | |||
| Total Risk Alpha | 0.0516 | |||
| Sortino Ratio | 0.0208 | |||
| Treynor Ratio | 0.1498 |
Cleveland Cliffs Backtested Returns
Cleveland Cliffs secures Sharpe Ratio (or Efficiency) of -0.0277, which signifies that the company had a -0.0277 % return per unit of standard deviation over the last 3 months. Cleveland Cliffs exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cleveland Cliffs' risk adjusted performance of 0.0246, and Mean Deviation of 2.75 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cleveland Cliffs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cleveland Cliffs is expected to be smaller as well. At this point, Cleveland Cliffs has a negative expected return of -0.11%. Please make sure to confirm Cleveland Cliffs' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Cleveland Cliffs performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Cleveland Cliffs has virtually no predictability. Overlapping area represents the amount of predictability between Cleveland Cliffs time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cleveland Cliffs price movement. The serial correlation of 0.01 indicates that just 1.0% of current Cleveland Cliffs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Cleveland Cliffs lagged returns against current returns
Autocorrelation, which is Cleveland Cliffs stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cleveland Cliffs' stock expected returns. We can calculate the autocorrelation of Cleveland Cliffs returns to help us make a trade decision. For example, suppose you find that Cleveland Cliffs has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cleveland Cliffs regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cleveland Cliffs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cleveland Cliffs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cleveland Cliffs stock over time.
Current vs Lagged Prices |
| Timeline |
Cleveland Cliffs Lagged Returns
When evaluating Cleveland Cliffs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cleveland Cliffs stock have on its future price. Cleveland Cliffs autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cleveland Cliffs autocorrelation shows the relationship between Cleveland Cliffs stock current value and its past values and can show if there is a momentum factor associated with investing in Cleveland Cliffs.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:Check out Cleveland Cliffs Correlation, Cleveland Cliffs Volatility and Cleveland Cliffs Alpha and Beta module to complement your research on Cleveland Cliffs. For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Cleveland Cliffs 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.