The Clorox Stock Chance of Future Stock Price Finishing Over 165.83

CLX Stock  USD 152.74  2.81  1.87%   
Clorox's implied volatility is one of the determining factors in the pricing options written on The Clorox. Implied volatility approximates the future value of Clorox based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in The Clorox over a specific time period. For example, 2024-03-28 CALL at $152.5 is a CALL option contract on Clorox's common stock with a strick price of 152.5 expiring on 2024-03-28. The contract was last traded on 2024-03-27 at 15:45:44 for $0.85 and, as of today, has 0 days remaining before the expiration. The option is currently trading at a bid price of $0.75, and an ask price of $0.9. The implied volatility as of the 28th of March is 22.72. View All Clorox options

Closest to current price Clorox long CALL Option Payoff at Expiration

Clorox's future price is the expected price of Clorox instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of The Clorox performance during a given time horizon utilizing its historical volatility. Check out Clorox Backtesting, Clorox Valuation, Clorox Correlation, Clorox Hype Analysis, Clorox Volatility, Clorox History as well as Clorox Performance.
  
At this time, Clorox's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 84.43 in 2024, whereas Price To Sales Ratio is likely to drop 1.85 in 2024. Please specify Clorox's target price for which you would like Clorox odds to be computed.

Clorox Target Price Odds to finish over 165.83

The tendency of Clorox Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 165.83  or more in 90 days
 152.74 90 days 165.83 
near 1
Based on a normal probability distribution, the odds of Clorox to move over $ 165.83  or more in 90 days from now is near 1 (This The Clorox probability density function shows the probability of Clorox Stock to fall within a particular range of prices over 90 days) . Probability of Clorox price to stay between its current price of $ 152.74  and $ 165.83  at the end of the 90-day period is about 20.85 .
Considering the 90-day investment horizon Clorox has a beta of 0.55 suggesting as returns on the market go up, Clorox average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Clorox will be expected to be much smaller as well. Additionally The Clorox has an alpha of 0.0636, implying that it can generate a 0.0636 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Clorox Price Density   
       Price  

Predictive Modules for Clorox

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Clorox. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clorox's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
151.21152.61154.01
Details
Intrinsic
Valuation
LowRealHigh
136.81138.21168.01
Details
Naive
Forecast
LowNextHigh
148.73150.13151.54
Details
21 Analysts
Consensus
LowTargetHigh
122.28134.37149.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Clorox. Your research has to be compared to or analyzed against Clorox's peers to derive any actionable benefits. When done correctly, Clorox's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Clorox.

Clorox Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Clorox is not an exception. The market had few large corrections towards the Clorox's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold The Clorox, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Clorox within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.06
β
Beta against NYSE Composite0.55
σ
Overall volatility
5.64
Ir
Information ratio 0.01

Clorox Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Clorox for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Clorox can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has 2.92 B in debt with debt to equity (D/E) ratio of 6.47, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Clorox has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Clorox until it has trouble settling it off, either with new capital or with free cash flow. So, Clorox's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clorox sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clorox to invest in growth at high rates of return. When we think about Clorox's use of debt, we should always consider it together with cash and equity.
Over 81.0% of Clorox shares are held by institutions such as insurance companies
On 9th of February 2024 Clorox paid $ 1.2 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Is Clorox Outperforming Other Consumer Staples Stocks This Year

Clorox Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Clorox Stock often depends not only on the future outlook of the current and potential Clorox's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Clorox's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding124.2 M
Cash And Short Term Investments367 M

Clorox Technical Analysis

Clorox's future price can be derived by breaking down and analyzing its technical indicators over time. Clorox Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Clorox. In general, you should focus on analyzing Clorox Stock price patterns and their correlations with different microeconomic environments and drivers.

Clorox Predictive Forecast Models

Clorox's time-series forecasting models is one of many Clorox's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Clorox's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Clorox

Checking the ongoing alerts about Clorox for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Clorox help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has 2.92 B in debt with debt to equity (D/E) ratio of 6.47, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Clorox has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Clorox until it has trouble settling it off, either with new capital or with free cash flow. So, Clorox's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clorox sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clorox to invest in growth at high rates of return. When we think about Clorox's use of debt, we should always consider it together with cash and equity.
Over 81.0% of Clorox shares are held by institutions such as insurance companies
On 9th of February 2024 Clorox paid $ 1.2 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Is Clorox Outperforming Other Consumer Staples Stocks This Year
When determining whether Clorox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clorox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Clorox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Clorox Stock:

Complementary Tools for Clorox Stock analysis

When running Clorox's price analysis, check to measure Clorox'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 Clorox is operating at the current time. Most of Clorox's value examination focuses on studying past and present price action to predict the probability of Clorox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clorox's price. Additionally, you may evaluate how the addition of Clorox to your portfolios can decrease your overall portfolio volatility.
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Is Clorox'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 Clorox. If investors know Clorox 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 Clorox 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
(0.06)
Dividend Share
2.38
Earnings Share
0.63
Revenue Per Share
58.997
Quarterly Revenue Growth
0.16
The market value of Clorox is measured differently than its book value, which is the value of Clorox that is recorded on the company's balance sheet. Investors also form their own opinion of Clorox's value that differs from its market value or its book value, called intrinsic value, which is Clorox'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 Clorox's market value can be influenced by many factors that don't directly affect Clorox'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 Clorox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clorox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clorox'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.