Clearfield Stock Alpha and Beta Analysis
| CLFD Stock | USD 29.98 0.92 2.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Clearfield. It also helps investors analyze the systematic and unsystematic risks associated with investing in Clearfield over a specified time horizon. Remember, high Clearfield's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Clearfield's market risk premium analysis include:
Beta 1.48 | Alpha (0.44) | Risk 2.64 | Sharpe Ratio (0.12) | Expected Return (0.31) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Clearfield |
Clearfield Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Clearfield market risk premium is the additional return an investor will receive from holding Clearfield long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Clearfield. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Clearfield's performance over market.| α | -0.44 | β | 1.48 |
Clearfield expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Clearfield's Buy-and-hold return. Our buy-and-hold chart shows how Clearfield performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Clearfield Market Price Analysis
Market price analysis indicators help investors to evaluate how Clearfield stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clearfield shares will generate the highest return on investment. By understating and applying Clearfield stock market price indicators, traders can identify Clearfield position entry and exit signals to maximize returns.
Clearfield Return and Market Media
The median price of Clearfield for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 36.86 with a coefficient of variation of 9.04. The daily time series for the period is distributed with a sample standard deviation of 3.26, arithmetic mean of 36.01, and mean deviation of 2.38. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Cheryl Beranek of 211 shares of Clearfield at 24.72 subject to Rule 16b-3 | 10/11/2024 |
2 | High school football RPI rankings Week 9 update, top spots remain same in every classification | 10/14/2024 |
3 | Clearfield Inc Q4 2024 Earnings Report Preview What to Look For | 11/06/2024 |
4 | Clearfield Inc Q4 Earnings Revenue Surpasses Estimates at 46.8M, EPS Loss of 0. ... | 11/07/2024 |
5 | Clearfield Inc Q4 2024 Earnings Call Highlights Navigating Challenges with Strategic ... | 11/08/2024 |
6 | Clearfield Releases Q1 2025 Earnings Guidance | 11/11/2024 |
7 | Health Check How Prudently Does Clearfield Use Debt | 11/14/2024 |
8 | Disposition of 1948 shares by Cheryl Beranek of Clearfield at 28.26 subject to Rule 16b-3 | 11/15/2024 |
9 | Clearfield Inc Trading 3 percent Higher on Nov 19 | 11/19/2024 |
10 | Segall Bryant Hamill LLC Boosts Holdings in Clearfield, Inc. - MarketBeat | 11/22/2024 |
11 | Clearfield introduces new performance-based stock plan | 11/26/2024 |
About Clearfield Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Clearfield or other stocks. Alpha measures the amount that position in Clearfield has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 72.36 | 38.56 | 46.66 | 39.43 | PTB Ratio | 9.76 | 1.36 | 2.06 | 0.93 |
Clearfield Upcoming Company Events
As portrayed in its financial statements, the presentation of Clearfield's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Clearfield's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Clearfield's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Clearfield. Please utilize our Beneish M Score to check the likelihood of Clearfield's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Clearfield Backtesting, Clearfield Valuation, Clearfield Correlation, Clearfield Hype Analysis, Clearfield Volatility, Clearfield History and analyze Clearfield Performance. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Clearfield 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.