Clearfield Capital Surpluse from 2010 to 2024
| CLFD Stock | USD 30.12 0.22 0.74% |
Capital Surpluse | First Reported 2011-06-30 | Previous Quarter 186.1 M | Current Value 187.4 M | Quarterly Volatility 31.5 M |
Check Clearfield financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clearfield main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.3 M, Interest Expense of 1.1 M or Selling General Administrative of 58 M, as well as many exotic indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0 or PTB Ratio of 0.88. Clearfield financial statements analysis is a perfect complement when working with Clearfield Valuation or Volatility modules.
Clearfield | Capital Surpluse |
Latest Clearfield's Capital Surpluse Growth Pattern
Below is the plot of the Capital Surpluse of Clearfield over the last few years. It is Clearfield's Capital Surpluse historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clearfield's overall financial position and show how it may be relating to other accounts over time.
| Capital Surpluse | 10 Years Trend |
|
Capital Surpluse |
| Timeline |
Clearfield Capital Surpluse Regression Statistics
| Arithmetic Mean | 56,561,119 | |
| Geometric Mean | 56,506,329 | |
| Coefficient Of Variation | 4.63 | |
| Mean Deviation | 1,972,459 | |
| Median | 55,887,850 | |
| Standard Deviation | 2,618,908 | |
| Sample Variance | 6.9T | |
| Range | 9.3M | |
| R-Value | 0.66 | |
| Mean Square Error | 4.1T | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | 389,366 | |
| Total Sum of Squares | 96T |
Clearfield Capital Surpluse History
About Clearfield Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Clearfield income statement, its balance sheet, and the statement of cash flows. Clearfield investors use historical funamental indicators, such as Clearfield's Capital Surpluse, to determine how well the company is positioned to perform in the future. Although Clearfield investors may use each financial statement separately, they are all related. The changes in Clearfield's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Clearfield's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Clearfield Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Clearfield. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Capital Surpluse | 62.7 M | 61.4 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clearfield in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clearfield's short interest history, or implied volatility extrapolated from Clearfield options trading.
Pair Trading with Clearfield
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clearfield position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clearfield will appreciate offsetting losses from the drop in the long position's value.Moving against Clearfield Stock
| 0.49 | CSCO | Cisco Systems Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Clearfield could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clearfield when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clearfield - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clearfield to buy it.
The correlation of Clearfield is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clearfield moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clearfield moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clearfield can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Clearfield Correlation against competitors. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.Note that the Clearfield information on this page should be used as a complementary analysis to other Clearfield's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Clearfield Stock analysis
When running Clearfield's price analysis, check to measure Clearfield's 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 Clearfield is operating at the current time. Most of Clearfield's value examination focuses on studying past and present price action to predict the probability of Clearfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearfield's price. Additionally, you may evaluate how the addition of Clearfield to your portfolios can decrease your overall portfolio volatility.
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Is Clearfield's industry 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 Clearfield. If investors know Clearfield 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 Clearfield 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 (0.85) | Earnings Share 0.81 | Revenue Per Share 14.241 | Quarterly Revenue Growth (0.60) | Return On Assets 0.0204 |
The market value of Clearfield is measured differently than its book value, which is the value of Clearfield that is recorded on the company's balance sheet. Investors also form their own opinion of Clearfield's value that differs from its market value or its book value, called intrinsic value, which is Clearfield'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 Clearfield's market value can be influenced by many factors that don't directly affect Clearfield'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 Clearfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearfield'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.