Clearfield Stock Forecast - Daily Balance Of Power
CLFD Stock | USD 30.27 0.21 0.70% |
Clearfield Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Clearfield stock prices and determine the direction of Clearfield's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Clearfield's historical fundamentals, such as revenue growth or operating cash flow patterns.
Clearfield |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(0.57) | (0.65) |
Check Clearfield Volatility | Backtest Clearfield | Trend Details |
Clearfield Trading Date Momentum
On October 25 2024 Clearfield was traded for 36.43 at the closing time. The top price for the day was 36.91 and the lowest listed price was 36.20 . The trading volume for the day was 80 K. The trading history from October 25, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.28% . The overall trading delta against the current closing price is 2.64% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Clearfield
For every potential investor in Clearfield, whether a beginner or expert, Clearfield's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Clearfield Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Clearfield. Basic forecasting techniques help filter out the noise by identifying Clearfield's price trends.Clearfield 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 Clearfield stock to make a market-neutral strategy. Peer analysis of Clearfield could also be used in its relative valuation, which is a method of valuing Clearfield by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Clearfield 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 Clearfield's 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 Clearfield's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Clearfield Market Strength Events
Market strength indicators help investors to evaluate how Clearfield stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clearfield shares will generate the highest return on investment. By undertsting and applying Clearfield stock market strength indicators, traders can identify Clearfield entry and exit signals to maximize returns.
Clearfield Risk Indicators
The analysis of Clearfield's 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 Clearfield's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting clearfield 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 | 2.11 | |||
Standard Deviation | 2.61 | |||
Variance | 6.81 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Clearfield is a strong investment it is important to analyze Clearfield's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clearfield's future performance. For an informed investment choice regarding Clearfield Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Clearfield to cross-verify your projections. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Communications Equipment 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 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 (0.85) | Revenue Per Share 11.432 | Quarterly Revenue Growth (0.06) | Return On Assets (0.04) |
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.