Clorox Stock In The News

Clorox stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Clorox earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
There is far too much social signal, news, headlines, and media speculation about Clorox that is available to investors today. That information is available publicly through Clorox media outlets and privately through word of mouth or via Clorox internal channels. However, regardless of the origin, that massive amount of Clorox data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Clorox news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Clorox relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Clorox's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Clorox alpha.

Clorox Largest EPS Surprises

Earnings surprises can significantly impact Clorox's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-02-11
2002-12-310.350.40.0514 
2011-02-04
2010-12-310.610.680.0711 
1998-07-30
1998-06-300.410.480.0717 
2006-02-02
2005-12-310.470.550.0817 
2007-02-01
2006-12-310.50.590.0918 
2012-02-03
2011-12-310.680.790.1116 
View All Earnings Estimates

Clorox Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Clorox Company Stock. Current markets are strongly bearish. About 83% of major world exchanges and indexes are down. See today's market update for more information.
nasdaq News
28th of June 2022
Best Stocks To Buy Today 3 Travel Stocks in Focus - Nasdaq
at www.nasdaq.com 
nasdaq News
23rd of June 2022
3 Stocks That Drove the Dows Nearly 200-Point Gain - Nasdaq
at www.nasdaq.com 
seekingalpha News
21st of June 2022
WD-40 Company Stock Rust Beneath The Surface - Seeking Alpha
at seekingalpha.com 
Investing News at Macroaxis
16th of June 2022
Midday Movers Revlon, Tesla, Carnival and More By Investing.com - Investing.com
at www.investing.com 
seekingalpha News
14th of June 2022
Caterpillar to move global HQ to Dallas-Fort Worth area - Seeking Alpha
at seekingalpha.com 
news
10th of June 2022
Clorox exotic insider transaction detected
at Ott Michael M 
cnbc News
10th of June 2022
U.S. drops Covid testing requirement for international travelers - CNBC
at www.cnbc.com 
Marketbeat News
10th of June 2022
Walmart Inc. Given Average Recommendation of Buy by Analysts - MarketBeat
at www.marketbeat.com 
news
9th of June 2022
Choose Merck over Pfizer, says Gordon Reid - Cantech Letter
at www.cantechletter.com 
Thestreet News
9th of June 2022
Why I Will Never Own Lowes or Home Depot Stock - TheStreet
at www.thestreet.com 
news
8th of June 2022
Caterpillar Inc. Increases Dividend news-journal.com - Longview News-Journal
at www.news-journal.com 
news
7th of June 2022
Reducing waste and elevating livelihoods - The Clorox Company
at www.thecloroxcompany.com 
news
6th of June 2022
Sale by Mackay A D David of 1000 shares of Clorox
at Mackay A D David 
Macroaxis News
6th of June 2022
Sale by Theodore Leonsis of 4005 shares of American Express
at MacroaxisInsider 
news
25th of May 2022
MRK 3 Low-Beta Stocks to Buy to Combat a Jittery Market - StockNews.com
at stocknews.com 
Macroaxis News
25th of May 2022
Acquisition by Rainey John D of 12235 shares of Walmart subject to Rule 16b-3
at MacroaxisInsider 
Yahoo News
24th of May 2022
Do Options Traders Know Something About Alcoa Stock We Dont - Yahoo Finance
at finance.yahoo.com 
news
24th of May 2022
Grain-sourced Prebiotic Ingredient Market Is Booming Worldwide with Share, Size, Top Key P...
at thedailyvale.com 
Macroaxis News
23rd of May 2022
Acquisition by Siddiqui Fahim of 3697 shares of Home Depot subject to Rule 16b-3
at MacroaxisInsider 
news
19th of May 2022
Alcoa Co. Expected to Post Quarterly Sales of 3.78 Billion - Defense World
at www.defenseworld.net 
news
17th of May 2022
Caterpillar Highlights Services and Energy Transition Growth Opportunities at 2022 Investo...
at www.caterpillar.com 
marketwatch News
17th of May 2022
Dow climbs nearly 250 points on gains in Boeing, American Express shares - MarketWatch
at www.marketwatch.com 
Investing News at Macroaxis
16th of May 2022
US stocks mixed at close of trade Dow Jones Industrial Average up 0.08 percent By Investin...
at www.investing.com 
Yahoo News
13th of May 2022
BofA Solid 1Q sales for home improvement ahead of Home Depot, Lowes earnings - Yahoo Finan...
at finance.yahoo.com 
news
10th of May 2022
DuPont de Nemours, Inc. Receives Consensus Recommendation of Buy from Analysts - Defense W...
at www.defenseworld.net 
seekingalpha News
9th of May 2022
Walmart stock is holding up amid the stock market shellacking - Seeking Alpha
at seekingalpha.com 
Macroaxis News
6th of May 2022
Purchase by Maclennan David of 600 shares of Caterpillar
at MacroaxisInsider 
news
4th of May 2022
Alcoa Corporation Declares Quarterly Cash Dividend Business observer-reporter.com - Observ...
at observer-reporter.com 
news
4th of May 2022
American Express Declares Regular Quarterly Dividend and Dividend on Series D Preferred St...
at about.americanexpress.com 
sbwire news
29th of April 2022
Buy Home Depot Stock for Your Retirement Portfolio - InvestorPlace
at investorplace.com 
Yahoo News
26th of April 2022
Molybdenum Disulfide Market Size To Reach USD 589.24 MN In 2030 Due to Increasing Usage Of...
at finance.yahoo.com 
nasdaq News
21st of April 2022
Wall St ends down as Powell plops 50 bps rate hike on table - Nasdaq
at www.nasdaq.com 
nasdaq News
8th of April 2022
AmEx , i2c Partner to Help Fintechs in Speedy Card Launch - Nasdaq
at www.nasdaq.com 
marketwatch News
7th of April 2022
Walmart raises pay for truck drivers to as much as 110,000 in the first year - MarketWatch
at www.marketwatch.com 
news
18th of March 2022
Thank You, Fed Some Bank Stocks Will Do Better Than Others - Chief Investment Officer
at www.ai-cio.com 
Macroaxis News
17th of February 2022
Exercise or conversion by Bless Rudolf A of 34242 shares of B of A subject to Rule 16b-3
at MacroaxisInsider 
news
25th of January 2022
Bank of America to Give Employees Stock Awards -Memo - U.S News World Report Money
at money.usnews.com 

Clorox Investors Sentiment

The influence of Clorox's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Clorox. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Clorox Implied Volatility

    
  43.46  
Clorox's implied volatility exposes the market's sentiment of Clorox Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Clorox's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Clorox stock will not fluctuate a lot when Clorox's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clorox in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clorox's short interest history, or implied volatility extrapolated from Clorox options trading.

Current Sentiment - CLX

Clorox Company Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Clorox Company. What is your opinion about investing in Clorox Company? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Clorox

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clorox position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clorox will appreciate offsetting losses from the drop in the long position's value.

Clorox Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Clorox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clorox when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clorox - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clorox Company to buy it.
The correlation of Clorox is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clorox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clorox Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clorox can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Clorox Backtesting and Clorox Hype Analysis. Note that the Clorox Company information on this page should be used as a complementary analysis to other Clorox's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Clorox Stock analysis

When running Clorox Company price analysis, check to measure Clorox'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 Clorox is operating at the current time. Most of Clorox's value examination focuses on studying past and present price action to predict the probability of Clorox's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Clorox's price. Additionally, you may evaluate how the addition of Clorox to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Is Clorox's industry 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 Clorox. If investors know Clorox 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 Clorox listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Clorox Company is measured differently than its book value, which is the value of Clorox that is recorded on the company's balance sheet. Investors also form their own opinion of Clorox's value that differs from its market value or its book value, called intrinsic value, which is Clorox'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 Clorox's market value can be influenced by many factors that don't directly affect Clorox'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 Clorox's value and its price as these two are different measures arrived at by different means. Investors typically determine Clorox value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clorox'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.
CLX
 Stock
  

USD 139.46  2.52  1.84%   

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Clorox and other traded companies coverage. We help investors stay connected with Clorox headlines for the 29th of June to make an informed investment decision based on correlating the impacts of news items on Clorox Stock performance. Please note that trading solely based on the Clorox Company hype is not for everyone as timely availability and quick action are needed to avoid losses. Net Income Common Stock is likely to rise to about 821.8 M in 2022.
  
Refresh
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Clorox headlines in addition to utilizing other, more conventional financial analysis modules. Continue to Clorox Backtesting and Clorox Hype Analysis.
Clorox's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Clorox Company investors visualize upcoming and past events in order to time the market based on Clorox Company noise-free hype analysis.