Cleveland Stock Performance

CLF
 Stock
  

USD 14.80  0.17  1.14%   

Cleveland Cliffs has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.8742, which signifies a somewhat significant risk relative to the market. Let's try to break down what Cleveland's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cleveland Cliffs will likely underperform. Although it is important to respect Cleveland-Cliffs historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Cleveland-Cliffs technical indicators, you can presently evaluate if the expected return of 0.057% will be sustainable into the future. Cleveland-Cliffs right now shows a risk of 3.77%. Please confirm Cleveland-Cliffs downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside to decide if Cleveland-Cliffs will be following its price patterns.
  
Cleveland Performance
1 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Cleveland-Cliffs are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound essential indicators, Cleveland Cliffs is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more

Cleveland Price Channel

Quick Ratio0.66
Fifty Two Week Low12.90
Target High Price37.00
Fifty Two Week High34.04
Target Low Price13.44

Cleveland Cliffs Relative Risk vs. Return Landscape

If you would invest  1,510  in Cleveland-Cliffs on July 9, 2022 and sell it today you would lose (13.00)  from holding Cleveland-Cliffs or give up 0.86% of portfolio value over 90 days. Cleveland-Cliffs is generating 0.057% of daily returns assuming volatility of 3.7749% on return distribution over 90 days investment horizon. In other words, 32% of stocks are less volatile than Cleveland, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Cleveland Cliffs is expected to generate 2.99 times more return on investment than the market. However, the company is 2.99 times more volatile than its market benchmark. It trades about 0.02 of its potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of risk.

Cleveland Cliffs Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cleveland Cliffs' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cleveland-Cliffs, and traders can use it to determine the average amount a Cleveland Cliffs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0151

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Estimated Market Risk
 3.77
  actual daily
 
 32 %
of total potential
 
3232
Expected Return
 0.06
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 1 %
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11
Risk-Adjusted Return
 0.02
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 1 %
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11
Based on monthly moving average Cleveland Cliffs is performing at about 1% of its full potential. 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 Cleveland Cliffs by adding it to a well-diversified portfolio.

About Cleveland Cliffs Performance

To evaluate Cleveland-Cliffs Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cleveland Cliffs generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cleveland Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cleveland-Cliffs market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cleveland's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company was founded in 1847 and is headquartered in Cleveland, Ohio. Cleveland Cliffs operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 27000 people.

Things to note about Cleveland-Cliffs

Checking the ongoing alerts about Cleveland Cliffs for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cleveland-Cliffs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Cleveland Cliffs Alerts

Equity Alerts and Improvement Suggestions

Cleveland-Cliffs has very high historical volatility over the last 90 days
About 63.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Janet Miller of 742 shares of Cleveland Cliffs subject to Rule 16b-3
Continue to Trending Equities. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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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 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.
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Is Cleveland Cliffs' 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 Cleveland Cliffs. If investors know Cleveland 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 Cleveland Cliffs 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 Cleveland-Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' 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 Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' 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 Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine Cleveland Cliffs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' 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.