Clearway Energy Class Stock Price on October 1, 2024

CWEN Stock  USD 29.49  0.01  0.03%   
Below is the normalized historical share price chart for Clearway Energy Class extending back to May 15, 2015. 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 Clearway Energy stands at 29.49, as last reported on the 29th of November, with the highest price reaching 29.83 and the lowest price hitting 29.38 during the day.
IPO Date
17th of July 2013
200 Day MA
26.0842
50 Day MA
28.2022
Beta
0.954
 
Yuan Drop
 
Covid
If you're considering investing in Clearway Stock, it is important to understand the factors that can impact its price. As of now, Clearway Stock is very steady. Clearway Energy Class secures Sharpe Ratio (or Efficiency) of 0.0479, which signifies that the company had a 0.0479% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clearway Energy Class, which you can use to evaluate the volatility of the firm. Please confirm Clearway Energy's risk adjusted performance of 0.0369, and Mean Deviation of 1.43 to double-check if the risk estimate we provide is consistent with the expected return of 0.0996%.
  
As of the 29th of November 2024, Common Stock Shares Outstanding is likely to drop to about 98.9 M. In addition to that, Total Stockholder Equity is likely to drop to about 1.7 B. At this time, Clearway Energy's Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 9.26, while Price Earnings Ratio is likely to drop 23.71. Clearway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0479

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Clearway Energy 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 Clearway Energy by adding it to a well-diversified portfolio.
Price Book
1.6235
Enterprise Value Ebitda
9.9967
Price Sales
4.2733
Shares Float
116.5 M
Dividend Share
1.627

Clearway Energy Main Headline on 1st of October 2024

CWEN vs. BE Which Stock Is the Better Value Option

Clearway Energy Valuation on October 1, 2024

It is possible to determine the worth of Clearway Energy on a given historical date. On October 1, 2024 Clearway was worth 30.79 at the beginning of the trading date compared to the closed value of 30.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clearway Energy stock. Still, in general, we apply an absolute valuation method to find Clearway Energy'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 Clearway Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clearway Energy's related companies.
 Open High Low Close Volume
  30.52    30.69    30.27    30.68    613,066  
10/01/2024
  30.79    30.92    30.58    30.74    587,294  
  30.48    30.64    29.74    29.79    925,430  
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Open Value
30.79
30.74
Closing Value
37.03
Upside

Clearway Energy Trading Date Momentum on October 1, 2024

On October 02 2024 Clearway Energy Class was traded for  29.79  at the closing time. The top price for the day was 30.64  and the lowest listed price was  29.74 . The trading volume for the day was 925.4 K. The trading history from October 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.09% . The overall trading delta against the current closing price is 10.74% .

Clearway Energy Class Fundamentals Correlations and Trends

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

About Clearway Energy Stock history

Clearway Energy 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 Clearway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clearway Energy Class 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 Clearway Energy stock prices may prove useful in developing a viable investing in Clearway Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding134.6 M98.9 M
Net Income Applicable To Common Shares669.3 M702.8 M

Clearway Energy Stock Technical Analysis

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

Clearway Energy Period Price Range

Low
November 29, 2024
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High

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Clearway Energy Class cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Clearway Energy November 29, 2024 Market Strength

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

Clearway Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Clearway Energy's price direction in advance. Along with the technical and fundamental analysis of Clearway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clearway 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 Clearway Energy Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearway Energy's 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 Clearway Energy Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearway Energy Class Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Independent Power and Renewable Electricity Producers 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 Clearway Energy. If investors know Clearway 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 Clearway Energy 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
7.924
Dividend Share
1.627
Earnings Share
1.03
Revenue Per Share
11.584
Quarterly Revenue Growth
0.31
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy'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 Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy'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 Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy'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.