Clene Inc Stock Price on December 29, 2022

CLNN Stock  USD 4.23  0.20  4.51%   
Below is the normalized historical share price chart for Clene Inc extending back to August 27, 2018. 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 Clene stands at 4.23, as last reported on the 25th of February, with the highest price reaching 4.66 and the lowest price hitting 4.10 during the day.
IPO Date
31st of December 2020
200 Day MA
5.5257
50 Day MA
4.8048
Beta
0.236
 
Covid
If you're considering investing in Clene Stock, it is important to understand the factors that can impact its price. As of now, Clene Stock is unstable. Clene Inc secures Sharpe Ratio (or Efficiency) of 0.0279, which signifies that the company had a 0.0279 % return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Clene Inc, which you can use to evaluate the volatility of the firm. Please confirm Clene's mean deviation of 3.32, and Risk Adjusted Performance of 0.006 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Clene's Other Stockholder Equity is very stable compared to the past year. As of the 25th of February 2025, Total Stockholder Equity is likely to grow to about 16.2 M, while Common Stock is likely to drop 8,433. . As of the 25th of February 2025, Price To Sales Ratio is likely to drop to 51.98. In addition to that, Price Earnings Ratio is likely to drop to -0.59. Clene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0279

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Estimated Market Risk

 3.95
  actual daily
35
65% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Clene is performing at about 2% 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 Clene by adding it to a well-diversified portfolio.
Price Book
7.8325
Enterprise Value Ebitda
(1.13)
Price Sales
83.6539
Shares Float
4.6 M
Wall Street Target Price
45.1667

Clene Main Headline on 10th of February 2023

Filed transaction by Clene Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Clene Valuation on December 29, 2022

It is possible to determine the worth of Clene on a given historical date. On December 29, 2022 Clene was worth 29.6 at the beginning of the trading date compared to the closed value of 27.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clene stock. Still, in general, we apply an absolute valuation method to find Clene's 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 Clene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clene's related companies.
 Open High Low Close Volume
02/10/2023
  29.60    30.00    27.00    27.00    4,267  
  38.00    39.80    27.60    29.00    2,101,124  
Backtest Clene  |  Clene History  |  Clene Valuation Next  
Open Value
29.6
27.0
Closing Value
41.46
Upside

Clene Trading Date Momentum on December 29, 2022

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Clene Inc Fundamentals Correlations and Trends

By evaluating Clene's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Clene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clene financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Clene Stock history

Clene 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 Clene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clene Inc 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 Clene stock prices may prove useful in developing a viable investing in Clene
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.7 M5.2 M
Net Loss-26.9 M-28.3 M

Clene Stock Technical Analysis

Clene 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.
A focus of Clene technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clene trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Clene Period Price Range

Low
February 25, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Clene Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Clene February 25, 2025 Market Strength

Market strength indicators help investors to evaluate how Clene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clene shares will generate the highest return on investment. By undertsting and applying Clene stock market strength indicators, traders can identify Clene Inc entry and exit signals to maximize returns

Clene Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Clene's price direction in advance. Along with the technical and fundamental analysis of Clene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clene 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.
When determining whether Clene Inc is a strong investment it is important to analyze Clene'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 Clene's future performance. For an informed investment choice regarding Clene Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clene Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Biotechnology 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 Clene. If investors know Clene 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 Clene 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
0.614
Earnings Share
(5.29)
Revenue Per Share
0.065
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.47)
The market value of Clene Inc is measured differently than its book value, which is the value of Clene that is recorded on the company's balance sheet. Investors also form their own opinion of Clene's value that differs from its market value or its book value, called intrinsic value, which is Clene'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 Clene's market value can be influenced by many factors that don't directly affect Clene'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 Clene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clene'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.