Clearside Biomedical Stock Price on September 18, 2024

CLSD Stock  USD 1.05  0.02  1.87%   
Below is the normalized historical share price chart for Clearside Biomedical extending back to June 02, 2016. 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 Clearside Biomedical stands at 1.05, as last reported on the 30th of November, with the highest price reaching 1.07 and the lowest price hitting 1.05 during the day.
IPO Date
2nd of June 2016
200 Day MA
1.2476
50 Day MA
1.1595
Beta
2.332
 
Covid
If you're considering investing in Clearside Stock, it is important to understand the factors that can impact its price. Clearside Biomedical appears to be dangerous, given 3 months investment horizon. Clearside Biomedical secures Sharpe Ratio (or Efficiency) of 0.0403, which signifies that the company had a 0.0403% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Clearside Biomedical, which you can use to evaluate the volatility of the firm. Please makes use of Clearside Biomedical's risk adjusted performance of 0.0387, and Mean Deviation of 3.78 to double-check if our risk estimates are consistent with your expectations.
  
At present, Clearside Biomedical's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.33, whereas Price To Sales Ratio is forecasted to decline to 8.35. Clearside Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0403

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Estimated Market Risk

 5.33
  actual daily
47
53% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Clearside Biomedical is performing at about 3% 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 Clearside Biomedical by adding it to a well-diversified portfolio.
Price Book
3.927
Enterprise Value Ebitda
(2.84)
Price Sales
10.7858
Shares Float
69.1 M
Wall Street Target Price
6

Related Headline

Kronos Bio Headline on 18th of September 2024

Filed transaction by Kronos Bio Officer Sr Vp, Corp Operations Legal. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Clearside Biomedical Valuation on September 18, 2024

It is possible to determine the worth of Clearside Biomedical on a given historical date. On September 18, 2024 Clearside was worth 1.3 at the beginning of the trading date compared to the closed value of 1.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clearside Biomedical stock. Still, in general, we apply an absolute valuation method to find Clearside Biomedical'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 Clearside Biomedical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clearside Biomedical's related companies.
 Open High Low Close Volume
  1.35    1.38    1.27    1.31    349,993  
09/18/2024
  1.30    1.35    1.29    1.30    242,571  
  1.36    1.36    1.28    1.28    193,598  
Backtest Clearside Biomedical  |  Clearside Biomedical History  |  Clearside Biomedical Valuation   PreviousNext  
Open Value
1.3
1.3
Closing Value
17.30
Upside

Clearside Biomedical Trading Date Momentum on September 18, 2024

On September 19 2024 Clearside Biomedical was traded for  1.28  at the closing time. The top price for the day was 1.36  and the lowest listed price was  1.28 . The trading volume for the day was 193.6 K. The trading history from September 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.54% . The overall trading delta against the current closing price is 11.54% .

Clearside Biomedical Fundamentals Correlations and Trends

By evaluating Clearside Biomedical'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 Clearside Biomedical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clearside financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Clearside Biomedical Stock history

Clearside Biomedical 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 Clearside is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clearside Biomedical 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 Clearside Biomedical stock prices may prove useful in developing a viable investing in Clearside Biomedical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding61.8 M37.3 M
Net Loss-37.9 M-39.8 M

Clearside Biomedical Quarterly Net Working Capital

19.52 Million

Clearside Biomedical Stock Technical Analysis

Clearside Biomedical 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 Clearside Biomedical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clearside Biomedical 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

Clearside Biomedical Period Price Range

Low
November 30, 2024
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High

 0.00 

     

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Clearside Biomedical November 30, 2024 Market Strength

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

Clearside Biomedical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Clearside Biomedical's price direction in advance. Along with the technical and fundamental analysis of Clearside Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clearside 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.

Complementary Tools for Clearside Stock analysis

When running Clearside Biomedical's price analysis, check to measure Clearside Biomedical's 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 Clearside Biomedical is operating at the current time. Most of Clearside Biomedical's value examination focuses on studying past and present price action to predict the probability of Clearside Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearside Biomedical's price. Additionally, you may evaluate how the addition of Clearside Biomedical to your portfolios can decrease your overall portfolio volatility.
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