Clearway Energy Class Stock Price on October 31, 2024
| CWEN Stock | USD 29.62 0.12 0.41% |
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 29.62, as last reported on the 28th of November, with the highest price reaching 29.80 and the lowest price hitting 28.65 during the day.
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 0.0388, which signifies that the company had a 0.0388% return per unit of standard deviation over the last 3 months. We have found twenty-nine 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 0.0299, and Mean Deviation of 1.45 to double-check if the risk estimate we provide is consistent with the expected return of 0.081%.
As of the 28th 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 28th 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.
IPO Date 17th of July 2013 | 200 Day MA 26.0512 | 50 Day MA 28.1982 | Beta 0.954 |
Clearway |
Sharpe Ratio = 0.0388
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 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 1.6301 | Enterprise Value Ebitda 10.0113 | Price Sales 4.2733 | Shares Float 116.5 M | Dividend Share 1.627 |
Clearway Energy Main Headline on 31st of October 2024
Q3 2024 Clearway Energy Inc Earnings Call Transcript by gurufocus.com
Oct 30, 2024 1200PM GMTOperator Hello, and welcome to Clearway Energy Inc, third quarter 2024 earnings call. I would now like to hand
Clearway Energy Valuation on October 31, 2024
It is possible to determine the worth of Clearway Energy on a given historical date. On October 31, 2024 Clearway was worth 27.72 at the beginning of the trading date compared to the closed value of 28.38. 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 | |
| 26.13 | 27.93 | 26.13 | 27.77 | 1,615,936 | |
10/31/2024 | 27.72 | 28.89 | 27.54 | 28.38 | 1,428,194 |
| 28.51 | 28.67 | 27.55 | 27.61 | 927,747 |
| Backtest Clearway Energy | | | Clearway Energy History | | | Clearway Energy Valuation | Previous | Next |
Clearway Energy Trading Date Momentum on October 31, 2024
| On November 01 2024 Clearway Energy Class was traded for 27.61 at the closing time. The top price for the day was 28.67 and the lowest listed price was 27.55 . The trading volume for the day was 927.7 K. The trading history from November 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.71% . The overall trading delta against the current closing price is 2.01% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 134.6 M | 98.9 M | |
| Net Income Applicable To Common Shares | 669.3 M | 702.8 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.
Price Boundaries
Clearway Energy Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
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 28, 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.
| Risk Adjusted Performance | 0.0299 | |||
| Jensen Alpha | 0.0497 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.66 |
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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.