Clean Harbors Stock Forecast - Price Action Indicator
CLH Stock | USD 259.00 6.50 2.57% |
Clean Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Clean Harbors' historical fundamentals, such as revenue growth or operating cash flow patterns.
Clean |
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Clean Harbors Trading Date Momentum
On November 26 2024 Clean Harbors was traded for 259.00 at the closing time. Highest Clean Harbors's price during the trading hours was 261.96 and the lowest price during the day was 255.03 . There was no trading activity during the period 0.0. Lack of trading volume on the 26th of November did not affect price variability. The overall trading delta to current price is 1.53% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Clean Harbors
For every potential investor in Clean, whether a beginner or expert, Clean Harbors' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Clean Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Clean. Basic forecasting techniques help filter out the noise by identifying Clean Harbors' price trends.Clean Harbors Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Clean Harbors stock to make a market-neutral strategy. Peer analysis of Clean Harbors could also be used in its relative valuation, which is a method of valuing Clean Harbors by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Clean Harbors Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Clean Harbors' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Clean Harbors' current price.Cycle Indicators | ||
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Math Transform | ||
Momentum Indicators | ||
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Clean Harbors Market Strength Events
Market strength indicators help investors to evaluate how Clean Harbors stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clean Harbors shares will generate the highest return on investment. By undertsting and applying Clean Harbors stock market strength indicators, traders can identify Clean Harbors entry and exit signals to maximize returns.
Clean Harbors Risk Indicators
The analysis of Clean Harbors' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Clean Harbors' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting clean stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.26 | |||
Semi Deviation | 2.37 | |||
Standard Deviation | 2.09 | |||
Variance | 4.38 | |||
Downside Variance | 6.63 | |||
Semi Variance | 5.61 | |||
Expected Short fall | (1.16) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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When determining whether Clean Harbors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clean Harbors' 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 Clean Harbors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clean Harbors Stock:Check out Historical Fundamental Analysis of Clean Harbors to cross-verify your projections. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Environmental & Facilities Services space 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 Clean Harbors. If investors know Clean 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 Clean Harbors 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 0.262 | Earnings Share 7.68 | Revenue Per Share 107.451 | Quarterly Revenue Growth 0.12 | Return On Assets 0.0628 |
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' 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 Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' 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 Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' 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.