Clearfield Stock Performance
CLFD Stock | USD 29.60 0.17 0.58% |
On a scale of 0 to 100, Clearfield holds a performance score of 6. The firm shows a Beta (market volatility) of 2.77, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Clearfield will likely underperform. Please check Clearfield's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Clearfield's price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Clearfield are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, Clearfield exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.68 | Five Day Return 5.41 | Year To Date Return (0.54) | Ten Year Return 91.28 | All Time Return 1.7 K |
Last Split Factor 2:1 | Last Split Date 1989-04-03 |
1 | Clearfield Set to Announce Earnings on Thursday | 01/31/2024 |
2 | Shareholders Will Probably Not Have Any Issues With Clearfield, Inc.s CEO Compensation | 02/16/2024 |
3 | Acquisition by Wirsbinski Carol Ann of 20 shares of Clearfield subject to Rule 16b-3 | 02/23/2024 |
4 | Clearfield Develops Industrys First 3D Interactive Fiber Installation Tool | 03/05/2024 |
5 | High school boys lacrosse 2024 preseason 5A region rankings | 03/07/2024 |
6 | Clearfield, Inc. Stock Has Shown Weakness Lately But Financials Look Strong Should Prospective ... - Yahoo Lifestyle UK | 03/15/2024 |
7 | Clearfield shareholders have earned a 47 percent CAGR over the last three years - Yahoo Movies UK | 03/25/2024 |
8 | Clearfield, Inc. is a favorite amongst institutional investors who own 68 percent - Yahoo Movies Canada | 04/02/2024 |
9 | High school baseball Roundup of Mondays region games | 04/09/2024 |
10 | Clearfield, Inc. Shares Bought by Vanguard Group Inc. - Defense World | 04/12/2024 |
11 | Clearfield Sets Fiscal Second Quarter 2024 Earnings Call for Thursday, May 2, 2024 | 04/19/2024 |
12 | Clearfield, Inc.s Stock On An Uptrend Could Fundamentals Be Driving The Momentum | 04/22/2024 |
Begin Period Cash Flow | 16.6 M |
Clearfield |
Clearfield Relative Risk vs. Return Landscape
If you would invest 2,591 in Clearfield on January 25, 2024 and sell it today you would earn a total of 369.00 from holding Clearfield or generate 14.24% return on investment over 90 days. Clearfield is currently generating 0.2623% in daily expected returns and assumes 3.2411% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Clearfield, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Clearfield Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearfield's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Clearfield, and traders can use it to determine the average amount a Clearfield's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0809
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Estimated Market Risk
3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Clearfield is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Clearfield by adding it to a well-diversified portfolio.
Clearfield Fundamentals Growth
Clearfield Stock prices reflect investors' perceptions of the future prospects and financial health of Clearfield, and Clearfield fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Clearfield Stock performance.
Return On Equity | 0.0438 | ||||
Return On Asset | 0.0204 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | (0.24) % | ||||
Current Valuation | 289.51 M | ||||
Shares Outstanding | 14.71 M | ||||
Price To Earning | 36.81 X | ||||
Price To Book | 1.48 X | ||||
Price To Sales | 2.05 X | ||||
Revenue | 268.72 M | ||||
Gross Profit | 112.95 M | ||||
EBITDA | 43.34 M | ||||
Net Income | 32.53 M | ||||
Cash And Equivalents | 22.45 M | ||||
Cash Per Share | 1.62 X | ||||
Total Debt | 22.77 M | ||||
Debt To Equity | 0.25 % | ||||
Current Ratio | 3.10 X | ||||
Book Value Per Share | 20.09 X | ||||
Cash Flow From Operations | 20.01 M | ||||
Earnings Per Share | 0.81 X | ||||
Market Capitalization | 432.82 M | ||||
Total Asset | 355.52 M | ||||
Retained Earnings | 127.34 M | ||||
Working Capital | 267.25 M | ||||
Current Asset | 51.11 M | ||||
Current Liabilities | 7.35 M | ||||
About Clearfield Performance
To evaluate Clearfield Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Clearfield generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Clearfield Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Clearfield market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Clearfield's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 54.95 | 54.09 | |
Return On Tangible Assets | (0.21) | (0.20) | |
Return On Capital Employed | (0.22) | (0.21) | |
Return On Assets | (0.17) | (0.16) | |
Return On Equity | (0.21) | (0.20) |
Things to note about Clearfield performance evaluation
Checking the ongoing alerts about Clearfield for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Clearfield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Clearfield had very high historical volatility over the last 90 days | |
About 62.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from finance.yahoo.com: Clearfield, Inc.s Stock On An Uptrend Could Fundamentals Be Driving The Momentum |
- Analyzing Clearfield's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Clearfield's stock is overvalued or undervalued compared to its peers.
- Examining Clearfield's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Clearfield's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Clearfield's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Clearfield's stock. These opinions can provide insight into Clearfield's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearfield. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.