JP Morgan Downgrades Cleveland-Cliffs Rising Capex And Modest Auto Demand Hamper Growth Prospects - Markets Insider
| CLF Stock | MXN 255.00 3.89 1.55% |
Slightly above 53% of Cleveland Cliffs' investors are presently thinking to get in. The analysis of current outlook of investing in Cleveland Cliffs suggests that some traders are interested regarding Cleveland Cliffs' prospects. Cleveland Cliffs' investing sentiment can be driven by a variety of factors including economic data, Cleveland Cliffs' earnings reports, geopolitical events, and overall market trends.
Cleveland |
JP Morgan Downgrades Cleveland-Cliffs Rising Capex And Modest Auto Demand Hamper Growth Prospects Markets Insider
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Cleveland Cliffs Fundamental Analysis
We analyze Cleveland Cliffs' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cleveland Cliffs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cleveland Cliffs based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Cleveland Cliffs is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Cleveland Cliffs Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cleveland Cliffs stock to make a market-neutral strategy. Peer analysis of Cleveland Cliffs could also be used in its relative valuation, which is a method of valuing Cleveland Cliffs by comparing valuation metrics with similar companies.
Peers
Cleveland Cliffs Related Equities
| MFRISCOA-1 | Minera Frisco | 2.96 | ||||
| RION | Rio Tinto | 2.80 | ||||
| GLENN | Glencore Plc | 0.00 | ||||
| MUX | McEwen Mining | 0.00 | ||||
| AUTLANB | Compaa Minera | 1.14 | ||||
| VALEN | Vale SA | 2.21 |
Additional Tools for Cleveland Stock Analysis
When running Cleveland Cliffs' price analysis, check to measure Cleveland Cliffs' 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 Cleveland Cliffs is operating at the current time. Most of Cleveland Cliffs' value examination focuses on studying past and present price action to predict the probability of Cleveland Cliffs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleveland Cliffs' price. Additionally, you may evaluate how the addition of Cleveland Cliffs to your portfolios can decrease your overall portfolio volatility.