Clearway Energy (Germany) Price on March 20, 2024
NY41 Stock | EUR 25.33 0.58 2.24% |
If you're considering investing in Clearway Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clearway Energy stands at 25.33, as last reported on the 18th of December 2024, with the highest price reaching 25.33 and the lowest price hitting 25.33 during the day. Clearway Energy secures Sharpe Ratio (or Efficiency) of -0.0068, which signifies that the company had a -0.0068% return per unit of standard deviation over the last 3 months. Clearway Energy exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clearway Energy's risk adjusted performance of 0.0177, and Mean Deviation of 1.59 to double-check the risk estimate we provide.
Clearway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clearway |
Sharpe Ratio = -0.0068
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Estimated Market Risk
2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clearway Energy 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 Clearway Energy by adding Clearway Energy to a well-diversified portfolio.
Clearway Energy Valuation on March 20, 2024
It is possible to determine the worth of Clearway Energy on a given historical date. On March 20, 2024 Clearway was worth 18.42 at the beginning of the trading date compared to the closed value of 18.42. 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 | |
18.32 | 18.32 | 18.32 | 18.32 | 1.00 | |
03/20/2024 | 18.42 | 18.42 | 18.42 | 18.42 | 1.00 |
18.42 | 18.42 | 18.42 | 18.42 | 1.00 |
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Clearway Energy Trading Date Momentum on March 20, 2024
On March 21 2024 Clearway Energy was traded for 18.42 at the closing time. The maximum traded price for the trading interval was 18.42 and the lowest daily price was 18.42 . There was no trading activity during the period 1.0. Lack of trading volume on 21st of March 2024 did not affect price variability. The overall trading delta to the closing price today is 12.70% . |
Clearway Energy 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 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
Clearway Energy, Inc., through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC. CLEARWAY ENERGY operates under Utilities - Regulated Electric classification in Germany and is traded on Frankfurt Stock Exchange. It employs 269 people.
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 | December 18, 2024
| High |
0.00 | 0.00 |
Clearway Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 December 18, 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 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 | 0.0177 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0449 |
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Clearway Stock analysis
When running Clearway Energy's price analysis, check to measure Clearway Energy'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 Clearway Energy is operating at the current time. Most of Clearway Energy's value examination focuses on studying past and present price action to predict the probability of Clearway Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearway Energy's price. Additionally, you may evaluate how the addition of Clearway Energy to your portfolios can decrease your overall portfolio volatility.
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