Cleveland Cliffs Financials
| CLF Stock | MXN 255.00 16.23 6.80% |
Cleveland |
Understanding current and past Cleveland Cliffs Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cleveland Cliffs' financial statements are interrelated, with each one affecting the others. For example, an increase in Cleveland Cliffs' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cleveland Cliffs' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cleveland Cliffs. Check Cleveland Cliffs' Beneish M Score to see the likelihood of Cleveland Cliffs' management manipulating its earnings.
Cleveland Cliffs Stock Summary
Cleveland Cliffs competes with Rio Tinto, Vale SA, Glencore Plc, Minera Frisco, and Compaa Minera. Cleveland-Cliffs Inc. operates as an iron ore mining company in the United States, Canada, and internationally. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio. Cleveland Cliffs operates under Industrial Metals Minerals classification in Mexico and is traded on Mexico Stock Exchange. It employs 2926 people.| Foreign Associate | USA |
| Instrument | Mexico Stock View All |
| Exchange | Mexican Exchange |
| Business Address | 200 Public Square, |
| Sector | Basic Materials |
| Industry | Industrial Metals & Minerals |
| Benchmark | Dow Jones Industrial |
| Website | www.clevelandcliffs.com |
| Phone | 216 694 5700 |
| Currency | MXN - Mexican Peso |
You should never invest in Cleveland Cliffs without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cleveland Stock, because this is throwing your money away. Analyzing the key information contained in Cleveland Cliffs' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cleveland Cliffs Key Financial Ratios
Cleveland Cliffs' financial ratios allow both analysts and investors to convert raw data from Cleveland Cliffs' financial statements into concise, actionable information that can be used to evaluate the performance of Cleveland Cliffs over time and compare it to other companies across industries.| Return On Equity | 0.43 | |||
| Return On Asset | 0.12 | |||
| Beta | 2.22 | |||
| Z Score | 28.0 |
Cleveland Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cleveland Cliffs's current stock value. Our valuation model uses many indicators to compare Cleveland Cliffs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cleveland Cliffs competition to find correlations between indicators driving Cleveland Cliffs's intrinsic value. More Info.Cleveland Cliffs is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cleveland Cliffs is roughly 3.66 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cleveland Cliffs by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cleveland Cliffs' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Cleveland Cliffs Systematic Risk
Cleveland Cliffs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cleveland Cliffs volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Cleveland Cliffs correlated with the market. If Beta is less than 0 Cleveland Cliffs generally moves in the opposite direction as compared to the market. If Cleveland Cliffs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cleveland Cliffs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cleveland Cliffs is generally in the same direction as the market. If Beta > 1 Cleveland Cliffs moves generally in the same direction as, but more than the movement of the benchmark.
Cleveland Cliffs November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cleveland Cliffs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cleveland Cliffs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cleveland Cliffs based on widely used predictive technical indicators. In general, we focus on analyzing Cleveland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cleveland Cliffs's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.56 | |||
| Information Ratio | 0.0179 | |||
| Maximum Drawdown | 27.11 | |||
| Value At Risk | (5.99) | |||
| Potential Upside | 6.8 |
Additional 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.