Clearone Stock Performance
| CLRO Stock | USD 0.51 0.02 4.08% |
The firm shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ClearOne's returns are expected to increase less than the market. However, during the bear market, the loss of holding ClearOne is expected to be smaller as well. At this point, ClearOne has a negative expected return of -0.082%. Please make sure to confirm ClearOne's total risk alpha and the relationship between the skewness and relative strength index , to decide if ClearOne performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days ClearOne has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, ClearOne is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 1.0101 | Dividend Date 2024-04-10 | Ex Dividend Date 2024-04-11 |
1 | ClearOne Earns Hold Rating from Analysts at StockNews.com | 09/23/2024 |
2 | Acquisition by Bagley Edward D of 10000 shares of ClearOne at 1.375 subject to Rule 16b-3 | 09/26/2024 |
3 | ClearOne Now Covered by StockNews.com | 10/16/2024 |
4 | ClearOne, Inc. Reports Third Quarter 2024 Financial Results | 11/15/2024 |
5 | ClearOne Non-GAAP EPS of -0.08, revenue of 2.5M | 11/18/2024 |
6 | ClearOne Communications Stock Surges Amid Market Activity | 11/27/2024 |
| Begin Period Cash Flow | 984 K |
ClearOne |
ClearOne Relative Risk vs. Return Landscape
If you would invest 55.00 in ClearOne on September 2, 2024 and sell it today you would lose (4.00) from holding ClearOne or give up 7.27% of portfolio value over 90 days. ClearOne is currently does not generate positive expected returns and assumes 2.6846% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than ClearOne, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ClearOne Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ClearOne's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ClearOne, and traders can use it to determine the average amount a ClearOne's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0306
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| Negative Returns | CLRO |
Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ClearOne 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 ClearOne by adding ClearOne to a well-diversified portfolio.
ClearOne Fundamentals Growth
ClearOne Stock prices reflect investors' perceptions of the future prospects and financial health of ClearOne, and ClearOne fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ClearOne Stock performance.
| Return On Equity | -0.0995 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.23) % | ||||
| Operating Margin | (1.31) % | ||||
| Current Valuation | 9.86 M | ||||
| Shares Outstanding | 23.97 M | ||||
| Price To Earning | 26.33 X | ||||
| Price To Book | 0.52 X | ||||
| Price To Sales | 0.82 X | ||||
| Revenue | 18.7 M | ||||
| Gross Profit | 12.77 M | ||||
| EBITDA | 1.56 M | ||||
| Net Income | (560 K) | ||||
| Cash And Equivalents | 1.2 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 665 K | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 4.69 X | ||||
| Book Value Per Share | 1.86 X | ||||
| Cash Flow From Operations | 54.63 M | ||||
| Earnings Per Share | (0.17) X | ||||
| Market Capitalization | 12.21 M | ||||
| Total Asset | 50.69 M | ||||
| Retained Earnings | (1.08 M) | ||||
| Working Capital | 69.31 M | ||||
| Current Asset | 46.15 M | ||||
| Current Liabilities | 9.61 M | ||||
About ClearOne Performance
By examining ClearOne's fundamental ratios, stakeholders can obtain critical insights into ClearOne's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ClearOne is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 321.41 | 337.48 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.14) | (0.13) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
Things to note about ClearOne performance evaluation
Checking the ongoing alerts about ClearOne for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ClearOne help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ClearOne generated a negative expected return over the last 90 days | |
| ClearOne has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 18.7 M. Net Loss for the year was (560 K) with profit before overhead, payroll, taxes, and interest of 12.77 M. | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: ClearOne Communications Stock Surges Amid Market Activity |
- Analyzing ClearOne's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ClearOne's stock is overvalued or undervalued compared to its peers.
- Examining ClearOne's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ClearOne's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ClearOne's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ClearOne's stock. These opinions can provide insight into ClearOne's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ClearOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in ClearOne Stock, please use our How to Invest in ClearOne guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Communications Equipment 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 ClearOne. If investors know ClearOne 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 ClearOne 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 (0.87) | Earnings Share (0.17) | Revenue Per Share 0.625 | Quarterly Revenue Growth (0.58) | Return On Assets (0.12) |
The market value of ClearOne is measured differently than its book value, which is the value of ClearOne that is recorded on the company's balance sheet. Investors also form their own opinion of ClearOne's value that differs from its market value or its book value, called intrinsic value, which is ClearOne's 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 ClearOne's market value can be influenced by many factors that don't directly affect ClearOne's 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 ClearOne's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearOne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearOne's 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.