Clearwater Paper Stock Market Value
| CLW Stock | USD 27.03 0.59 2.14% |
| Symbol | Clearwater |
Clearwater Paper Price To Book Ratio
Is Paper & Forest Products 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 Clearwater Paper. If investors know Clearwater 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 Clearwater Paper 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 (0.84) | Earnings Share 0.02 | Revenue Per Share 132.174 | Quarterly Revenue Growth 0.41 | Return On Assets 0.023 |
The market value of Clearwater Paper is measured differently than its book value, which is the value of Clearwater that is recorded on the company's balance sheet. Investors also form their own opinion of Clearwater Paper's value that differs from its market value or its book value, called intrinsic value, which is Clearwater Paper'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 Clearwater Paper's market value can be influenced by many factors that don't directly affect Clearwater Paper'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 Clearwater Paper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearwater Paper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearwater Paper'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.
Clearwater Paper 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Clearwater Paper's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Clearwater Paper.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Clearwater Paper on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Clearwater Paper or generate 0.0% return on investment in Clearwater Paper over 30 days. Clearwater Paper is related to or competes with Mercer International, Klabin Sa, UPM-Kymmene Oyj, Mondi PLC, Holmen AB, Canfor Pulp, and Nine Dragons. Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the... More
Clearwater Paper Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Clearwater Paper's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Clearwater Paper upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 15.0 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 3.63 |
Clearwater Paper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearwater Paper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearwater Paper's standard deviation. In reality, there are many statistical measures that can use Clearwater Paper historical prices to predict the future Clearwater Paper's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.19) |
Clearwater Paper Backtested Returns
Clearwater Paper secures Sharpe Ratio (or Efficiency) of -0.0845, which signifies that the company had a -0.0845% return per unit of standard deviation over the last 3 months. Clearwater Paper exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clearwater Paper's risk adjusted performance of (0.08), and Mean Deviation of 2.03 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.63, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Clearwater Paper will likely underperform. At this point, Clearwater Paper has a negative expected return of -0.23%. Please make sure to confirm Clearwater Paper's jensen alpha, as well as the relationship between the skewness and day median price , to decide if Clearwater Paper performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Clearwater Paper has below average predictability. Overlapping area represents the amount of predictability between Clearwater Paper time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Clearwater Paper price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Clearwater Paper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Clearwater Paper lagged returns against current returns
Autocorrelation, which is Clearwater Paper stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Clearwater Paper's stock expected returns. We can calculate the autocorrelation of Clearwater Paper returns to help us make a trade decision. For example, suppose you find that Clearwater Paper has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Clearwater Paper regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Clearwater Paper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearwater Paper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clearwater Paper stock over time.
Current vs Lagged Prices |
| Timeline |
Clearwater Paper Lagged Returns
When evaluating Clearwater Paper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearwater Paper stock have on its future price. Clearwater Paper autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Clearwater Paper autocorrelation shows the relationship between Clearwater Paper stock current value and its past values and can show if there is a momentum factor associated with investing in Clearwater Paper.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Clearwater Stock Analysis
When running Clearwater Paper's price analysis, check to measure Clearwater Paper'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 Clearwater Paper is operating at the current time. Most of Clearwater Paper's value examination focuses on studying past and present price action to predict the probability of Clearwater Paper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearwater Paper's price. Additionally, you may evaluate how the addition of Clearwater Paper to your portfolios can decrease your overall portfolio volatility.