Clear Secure Stock Market Value
| YOU Stock | USD 26.18 0.29 1.12% |
| Symbol | Clear |
Clear Secure Price To Book Ratio
Is Application Software 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 Clear Secure. If investors know Clear 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 Clear Secure 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 0.461 | Dividend Share 0.38 | Earnings Share 0.86 | Revenue Per Share 7.935 | Quarterly Revenue Growth 0.237 |
The market value of Clear Secure is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Secure's value that differs from its market value or its book value, called intrinsic value, which is Clear Secure'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 Clear Secure's market value can be influenced by many factors that don't directly affect Clear Secure'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 Clear Secure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Secure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Secure'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.
Clear Secure '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 Clear Secure'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 Clear Secure.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Clear Secure on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Clear Secure or generate 0.0% return on investment in Clear Secure over 720 days. Clear Secure is related to or competes with Braze, Enfusion, Freshworks, Clearwater Analytics, CS Disco, MondayCom, and Datadog. Clear Secure, Inc. provides a member-centric secure identity platform in the United States More
Clear Secure 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 Clear Secure'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 Clear Secure upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 32.62 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.68 |
Clear Secure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clear Secure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clear Secure's standard deviation. In reality, there are many statistical measures that can use Clear Secure historical prices to predict the future Clear Secure's volatility.| Risk Adjusted Performance | 0.0048 | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.02) |
Clear Secure Backtested Returns
Clear Secure secures Sharpe Ratio (or Efficiency) of -0.0118, which signifies that the company had a -0.0118% return per unit of standard deviation over the last 3 months. Clear Secure exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clear Secure's risk adjusted performance of 0.0048, and Mean Deviation of 2.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.89, 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, Clear Secure will likely underperform. At this point, Clear Secure has a negative expected return of -0.0495%. Please make sure to confirm Clear Secure's standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Clear Secure performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Clear Secure has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Clear Secure time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Clear Secure price movement. The serial correlation of -0.76 indicates that around 76.0% of current Clear Secure price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 35.76 |
Clear Secure lagged returns against current returns
Autocorrelation, which is Clear Secure 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 Clear Secure's stock expected returns. We can calculate the autocorrelation of Clear Secure returns to help us make a trade decision. For example, suppose you find that Clear Secure 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 |
Clear Secure 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 Clear Secure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clear Secure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clear Secure stock over time.
Current vs Lagged Prices |
| Timeline |
Clear Secure Lagged Returns
When evaluating Clear Secure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clear Secure stock have on its future price. Clear Secure 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, Clear Secure autocorrelation shows the relationship between Clear Secure stock current value and its past values and can show if there is a momentum factor associated with investing in Clear Secure.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Clear Stock Analysis
When running Clear Secure's price analysis, check to measure Clear Secure'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 Clear Secure is operating at the current time. Most of Clear Secure's value examination focuses on studying past and present price action to predict the probability of Clear Secure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clear Secure's price. Additionally, you may evaluate how the addition of Clear Secure to your portfolios can decrease your overall portfolio volatility.