Cleveland Cliffs Stock Price Prediction
| CLF Stock | USD 21.24 0.40 1.85% |
Oversold Vs Overbought
67
Oversold | Overbought |
Cleveland Cliffs stock price prediction is an act of determining the future value of Cleveland Cliffs shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Cleveland Cliffs' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Cleveland Cliffs and does not consider all of the tangible or intangible factors available from Cleveland Cliffs' fundamental data. We analyze noise-free headlines and recent hype associated with Cleveland Cliffs, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Cleveland Cliffs' stock price prediction:Quarterly Earnings Growth 0.792 | EPS Estimate Next Quarter 0.54 | EPS Estimate Current Year 1.31 | EPS Estimate Next Year 1.94 | Wall Street Target Price 21.96 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Cleveland Cliffs based on different types of headlines from major news networks to social media. The Cleveland stock price prediction module provides an analysis of price elasticity to changes in media outlook on Cleveland Cliffs over a specific investment horizon. Using Cleveland Cliffs hype-based prediction, you can estimate the value of Cleveland Cliffs from the perspective of Cleveland Cliffs response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Cleveland Cliffs using Cleveland Cliffs' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Cleveland using crowd psychology based on the activity and movement of Cleveland Cliffs' stock price.
Cleveland Cliffs Short Interest
A significant increase or decrease in Cleveland Cliffs' short interest from the previous month could be a good indicator of investor sentiment towards Cleveland. Short interest can provide insight into the potential direction of Cleveland Cliffs stock and how bullish or bearish investors feel about the market overall. An investor who is long Cleveland Cliffs may also wish to track short interest. As short interest increases, investors should be becoming more worried about Cleveland Cliffs and may potentially protect profits, hedge Cleveland Cliffs with its derivative instruments, or be ready for some potential downside.
200 Day MA 17.7455 | Short Percent 0.085 | Short Ratio 3.65 | Shares Short Prior Month 29.4 M | 50 Day MA 20.803 |
Cleveland Cliffs Hype to Price Pattern
Investor biases related to Cleveland Cliffs' public news can be used to forecast risks associated with an investment in Cleveland. The trend in average sentiment can be used to explain how an investor holding Cleveland can time the market purely based on public headlines and social activities around Cleveland Cliffs. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Cleveland Cliffs' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Cleveland Cliffs.
Cleveland Cliffs Implied Volatility | 95.98 |
Cleveland Cliffs' implied volatility exposes the market's sentiment of Cleveland Cliffs stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cleveland Cliffs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cleveland Cliffs stock will not fluctuate a lot when Cleveland Cliffs' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Cleveland Cliffs. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Cleveland Cliffs to buy its stock at a price that has no basis in reality. In that case, they are not buying Cleveland because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Cleveland Cliffs after-hype prediction price | USD 21.34 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Cleveland contract
Based on the Rule 16, the options market is currently suggesting that Cleveland Cliffs will have an average daily up or down price movement of about 6.0% per day over the life of the 2024-04-19 option contract. With Cleveland Cliffs trading at USD 21.24, that is roughly USD 1.27 . If you think that the market is fully incorporating Cleveland Cliffs' daily price movement you should consider acquiring Cleveland Cliffs options at the current volatility level of 95.98%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Cleveland |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cleveland Cliffs' 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.
Cleveland Cliffs After-Hype Price Prediction Density Analysis
As far as predicting the price of Cleveland Cliffs at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cleveland Cliffs or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Cleveland Cliffs, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cleveland Cliffs Estimiated After-Hype Price Volatility
In the context of predicting Cleveland Cliffs' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cleveland Cliffs' historical news coverage. Cleveland Cliffs' after-hype downside and upside margins for the prediction period are 19.40 and 23.28, respectively. We have considered Cleveland Cliffs' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Cleveland Cliffs is very steady at this time. Analysis and calculation of next after-hype price of Cleveland Cliffs is based on 3 months time horizon.
Cleveland Cliffs Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Cleveland Cliffs is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cleveland Cliffs backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cleveland Cliffs, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.29 | 1.93 | 0.10 | 0.05 | 10 Events / Month | 1 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
21.24 | 21.34 | 0.47 |
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Cleveland Cliffs Hype Timeline
On the 16th of April 2024 Cleveland Cliffs is traded for 21.24. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of -0.05. Cleveland is expected to increase in value after the next headline, with the price projected to jump to 21.34 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 0.47%, whereas the daily expected return is currently at 0.29%. The volatility of related hype on Cleveland Cliffs is about 1029.33%, with the expected price after the next announcement by competition of 21.19. The company reported the last year's revenue of 22 B. Total Income to common stockholders was 450 M with profit before taxes, overhead, and interest of 2.52 B. Considering the 90-day investment horizon the next expected press release will be in about 10 days. Check out Cleveland Cliffs Basic Forecasting Models to cross-verify your projections.Cleveland Cliffs Related Hype Analysis
Having access to credible news sources related to Cleveland Cliffs' direct competition is more important than ever and may enhance your ability to predict Cleveland Cliffs' future price movements. Getting to know how Cleveland Cliffs' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cleveland Cliffs may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CHHQF | China Hongqiao Group | 0.00 | 0 per month | 0.00 | 0.11 | 0.00 | 0.00 | 51.32 | |
| NHYKF | Norsk Hydro ASA | 0.00 | 0 per month | 2.09 | (0.0001) | 4.14 | (3.83) | 12.57 | |
| AQUI | Aquagold International | (0.84) | 32 per month | 0.00 | 0.16 | 0.00 | 0.00 | 25.00 | |
| LBHIX | Thrivent High Yield | 0.00 | 0 per month | 0.00 | (0.26) | 0.48 | (0.48) | 1.21 | |
| MSTSX | Morningstar Unconstrained Allocation | (0.26) | 2 per month | 0.60 | (0.04) | 0.98 | (1.17) | 2.64 | |
| RRTLX | T Rowe Price | (0.40) | 1 per month | 0.26 | (0.07) | 0.51 | (0.59) | 1.46 | |
| OSHDF | Oshidori International Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 70082LAB3 | US70082LAB36 | 0.00 | 0 per month | 0.00 | (0.11) | 1.52 | (1.89) | 18.40 |
Cleveland Cliffs Additional Predictive Modules
Most predictive techniques to examine Cleveland price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cleveland using various technical indicators. When you analyze Cleveland charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Cleveland Cliffs Predictive Indicators
The successful prediction of Cleveland Cliffs stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Cleveland Cliffs, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Cleveland Cliffs based on analysis of Cleveland Cliffs hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cleveland Cliffs's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cleveland Cliffs's related companies. | 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.64 | 0.58 | 0.61 | Price To Sales Ratio | 0.53 | 0.47 | 0.45 |
Story Coverage note for Cleveland Cliffs
The number of cover stories for Cleveland Cliffs depends on current market conditions and Cleveland Cliffs' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cleveland Cliffs is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cleveland Cliffs' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Cleveland Cliffs Short Properties
Cleveland Cliffs' future price predictability will typically decrease when Cleveland Cliffs' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cleveland Cliffs often depends not only on the future outlook of the potential Cleveland Cliffs' 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. Cleveland Cliffs' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 511 M | |
| Cash And Short Term Investments | 198 M |
Check out Cleveland Cliffs Basic Forecasting Models to cross-verify your projections. For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Cleveland Stock analysis
When running Cleveland Cliffs' price analysis, check to measure Cleveland Cliffs' 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 Cleveland Cliffs is operating at the current time. Most of Cleveland Cliffs' value examination focuses on studying past and present price action to predict the probability of Cleveland Cliffs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleveland Cliffs' price. Additionally, you may evaluate how the addition of Cleveland Cliffs to your portfolios can decrease your overall portfolio volatility.
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Is Cleveland Cliffs' 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 Cleveland Cliffs. If investors know Cleveland 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 Cleveland Cliffs 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 0.792 | Earnings Share 0.78 | Revenue Per Share 43.129 | Quarterly Revenue Growth 0.013 | Return On Assets 0.0329 |
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' 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 Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' 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 Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' 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.