The Clorox Stock Chance of Future Stock Price Finishing Over 167.60

CLX Stock  USD 164.44  0.31  0.19%   
Clorox's future price is the expected price of Clorox instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of The Clorox performance during a given time horizon utilizing its historical volatility. Check out Clorox Backtesting, Clorox Valuation, Clorox Correlation, Clorox Hype Analysis, Clorox Volatility, Clorox History as well as Clorox Performance.
  
At this time, Clorox's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 53.36 in 2024, whereas Price To Sales Ratio is likely to drop 1.85 in 2024. Please specify Clorox's target price for which you would like Clorox odds to be computed.

Clorox Target Price Odds to finish over 167.60

The tendency of Clorox Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 167.60  or more in 90 days
 164.44 90 days 167.60 
about 10.87
Based on a normal probability distribution, the odds of Clorox to move over $ 167.60  or more in 90 days from now is about 10.87 (This The Clorox probability density function shows the probability of Clorox Stock to fall within a particular range of prices over 90 days) . Probability of Clorox price to stay between its current price of $ 164.44  and $ 167.60  at the end of the 90-day period is about 25.23 .
Considering the 90-day investment horizon Clorox has a beta of 0.2 suggesting as returns on the market go up, Clorox average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Clorox will be expected to be much smaller as well. Additionally The Clorox has an alpha of 0.0234, implying that it can generate a 0.0234 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Clorox Price Density   
       Price  

Predictive Modules for Clorox

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Clorox. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
163.56164.44165.32
Details
Intrinsic
Valuation
LowRealHigh
148.20149.08180.88
Details
21 Analysts
Consensus
LowTargetHigh
122.28134.37149.15
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.241.401.57
Details

Clorox Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Clorox is not an exception. The market had few large corrections towards the Clorox's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold The Clorox, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Clorox within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones0.20
σ
Overall volatility
3.60
Ir
Information ratio 0.01

Clorox Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Clorox for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Clorox can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The Clorox has 2.9 B in debt with debt to equity (D/E) ratio of 6.47, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Clorox has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Clorox to invest in growth at high rates of return.
Clorox has a strong financial position based on the latest SEC filings
Over 82.0% of Clorox shares are held by institutions such as insurance companies
On 7th of November 2024 Clorox paid $ 1.22 per share dividend to its current shareholders
Latest headline from gurufocus.com: Clorox Co Highlights Allyship in Workplace Diversity Initiative

Clorox Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Clorox Stock often depends not only on the future outlook of the current and potential Clorox's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Clorox's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding124.8 M
Cash And Short Term Investments202 M

Clorox Technical Analysis

Clorox's future price can be derived by breaking down and analyzing its technical indicators over time. Clorox Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Clorox. In general, you should focus on analyzing Clorox Stock price patterns and their correlations with different microeconomic environments and drivers.

Clorox Predictive Forecast Models

Clorox's time-series forecasting models is one of many Clorox's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Clorox's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Clorox

Checking the ongoing alerts about Clorox for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Clorox help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The Clorox has 2.9 B in debt with debt to equity (D/E) ratio of 6.47, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Clorox has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Clorox to invest in growth at high rates of return.
Clorox has a strong financial position based on the latest SEC filings
Over 82.0% of Clorox shares are held by institutions such as insurance companies
On 7th of November 2024 Clorox paid $ 1.22 per share dividend to its current shareholders
Latest headline from gurufocus.com: Clorox Co Highlights Allyship in Workplace Diversity Initiative

Additional Tools for Clorox Stock Analysis

When running Clorox's 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 the 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.