Clene Total Assets from 2010 to 2024

CLNN Stock  USD 0.43  0.01  2.38%   
Clene Total Assets yearly trend continues to be very stable with very little volatility. Total Assets are likely to grow to about 53.5 M this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
52.3 M
Current Value
53.5 M
Quarterly Volatility
20.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clene main balance sheet or income statement drivers, such as Interest Expense of 4.8 M, Tax Provision of 0.0 or Depreciation And Amortization of 1.8 M, as well as many exotic indicators such as Price To Sales Ratio of 45.21, Dividend Yield of 0.0 or Operating Cycle of 716. Clene financial statements analysis is a perfect complement when working with Clene Valuation or Volatility modules.
  
This module can also supplement Clene's financial leverage analysis and stock options assessment as well as various Clene Technical models . Check out the analysis of Clene Correlation against competitors.

Latest Clene's Total Assets Growth Pattern

Below is the plot of the Total Assets of Clene Inc over the last few years. Total assets refers to the total amount of Clene assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Clene Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Clene's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clene's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 52.34 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Clene Total Assets Regression Statistics

Arithmetic Mean28,691,583
Geometric Mean23,099,999
Coefficient Of Variation72.61
Mean Deviation18,419,444
Median14,877,000
Standard Deviation20,833,996
Sample Variance434.1T
Range53.4M
R-Value0.76
Mean Square Error195T
R-Squared0.58
Significance0.0009
Slope3,556,476
Total Sum of Squares6076.8T

Clene Total Assets History

202453.5 M
202352.3 M
202244.5 M
202163.1 M
202068.2 M

About Clene Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Clene income statement, its balance sheet, and the statement of cash flows. Clene investors use historical funamental indicators, such as Clene's Total Assets, to determine how well the company is positioned to perform in the future. Although Clene investors may use each financial statement separately, they are all related. The changes in Clene's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Clene'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 Clene Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Clene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Total Assets52.3 M53.5 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 Clene 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, Clene's short interest history, or implied volatility extrapolated from Clene options trading.

Pair Trading with Clene

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 Clene 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 Clene will appreciate offsetting losses from the drop in the long position's value.

Moving against Clene Stock

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The ability to find closely correlated positions to Clene could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clene 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 Clene - 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 Clene Inc to buy it.
The correlation of Clene 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 Clene moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clene Inc 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 Clene 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.
Pair CorrelationCorrelation Matching
When determining whether Clene Inc is a strong investment it is important to analyze Clene's 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 Clene's future performance. For an informed investment choice regarding Clene Stock, refer to the following important reports:
Check out the analysis of Clene Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Clene Stock analysis

When running Clene's price analysis, check to measure Clene'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 Clene is operating at the current time. Most of Clene's value examination focuses on studying past and present price action to predict the probability of Clene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clene's price. Additionally, you may evaluate how the addition of Clene to your portfolios can decrease your overall portfolio volatility.
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Is Clene'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 Clene. If investors know Clene 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 Clene 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
0.614
Earnings Share
(0.47)
Revenue Per Share
0.006
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.52)
The market value of Clene Inc is measured differently than its book value, which is the value of Clene that is recorded on the company's balance sheet. Investors also form their own opinion of Clene's value that differs from its market value or its book value, called intrinsic value, which is Clene'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 Clene's market value can be influenced by many factors that don't directly affect Clene'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 Clene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clene'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.