Cleveland Cliffs (UK) Price on June 5, 2023
| 0I0H Stock | 11.04 0.82 6.91% |
Below is the normalized historical share price chart for Cleveland Cliffs extending back to November 06, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cleveland Cliffs stands at 11.04, as last reported on the 13th of December 2024, with the highest price reaching 11.88 and the lowest price hitting 10.78 during the day.
If you're considering investing in Cleveland Stock, it is important to understand the factors that can impact its price. Cleveland Cliffs secures Sharpe Ratio (or Efficiency) of -0.0025, which signifies that the company had a -0.0025% return per unit of standard deviation over the last 3 months. Cleveland Cliffs exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cleveland Cliffs' risk adjusted performance of 0.0147, and Mean Deviation of 2.82 to double-check the risk estimate we provide.
At this time, Cleveland Cliffs' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 536.5 M in 2024, whereas Treasury Stock is likely to drop (334.5 M) in 2024. . Cleveland Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 17.1004 | 50 Day MA 19.5303 | Beta 1.965 |
Cleveland |
Sharpe Ratio = -0.0025
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| Negative Returns | 0I0H |
Estimated Market Risk
| 4.09 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cleveland Cliffs is not performing at its full potential. However, 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 Cleveland Cliffs by adding Cleveland Cliffs to a well-diversified portfolio.
Book Value 14.643 | Enterprise Value 9.5 B | Price Sales 0.1613 | Shares Float 484.7 M | Shares Outstanding 298 M |
Cleveland Cliffs Valuation on June 5, 2023
It is possible to determine the worth of Cleveland Cliffs on a given historical date. On June 5, 2023 Cleveland was worth 15.1 at the beginning of the trading date compared to the closed value of 15.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cleveland Cliffs stock. Still, in general, we apply an absolute valuation method to find Cleveland Cliffs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cleveland Cliffs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cleveland Cliffs' related companies.
| Open | High | Low | Close | Volume | |
| 14.75 | 15.11 | 14.75 | 15.10 | 3,976 | |
06/05/2023 | 15.10 | 15.30 | 14.93 | 15.30 | 1,649 |
| 15.26 | 15.68 | 15.26 | 15.60 | 12,880 |
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Cleveland Cliffs Trading Date Momentum on June 5, 2023
| On June 06 2023 Cleveland Cliffs was traded for 15.60 at the closing time. The highest price during the trading period was 15.68 and the lowest recorded bid was listed for 15.26 . The volume for the day was 12.9 K. This history from June 6, 2023 contributed to the next trading day price appreciation. The daily price change to the next closing price was 1.96% . The overall trading delta to the current price is 8.24% . |
Cleveland Cliffs Fundamentals Correlations and Trends
By evaluating Cleveland Cliffs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cleveland Cliffs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cleveland financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cleveland Cliffs Stock history
Cleveland Cliffs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cleveland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cleveland Cliffs will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cleveland Cliffs stock prices may prove useful in developing a viable investing in Cleveland Cliffs
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 511 M | 536.5 M | |
| Net Income Applicable To Common Shares | 1.5 B | 939.1 M |
Cleveland Cliffs Stock Technical Analysis
Cleveland Cliffs technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cleveland Cliffs Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Cleveland Cliffs cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cleveland Cliffs December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Cleveland Cliffs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cleveland Cliffs shares will generate the highest return on investment. By undertsting and applying Cleveland Cliffs stock market strength indicators, traders can identify Cleveland Cliffs entry and exit signals to maximize returns
Cleveland Cliffs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cleveland Cliffs' price direction in advance. Along with the technical and fundamental analysis of Cleveland Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cleveland to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0147 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0581 |
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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.