Clear Blue Technologies Stock Price on May 2, 2024

CBLU Stock  CAD 0.02  0.01  33.33%   
Below is the normalized historical share price chart for Clear Blue Technologies extending back to July 19, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Clear Blue stands at 0.02, as last reported on the 25th of December, with the highest price reaching 0.02 and the lowest price hitting 0.01 during the day.
200 Day MA
0.0574
50 Day MA
0.0405
Beta
2.962
 
Covid
If you're considering investing in Clear Stock, it is important to understand the factors that can impact its price. Clear Blue Technologies secures Sharpe Ratio (or Efficiency) of -0.0154, which signifies that the company had a -0.0154% return per unit of standard deviation over the last 3 months. Clear Blue Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clear Blue's risk adjusted performance of 0.006, and Mean Deviation of 8.09 to double-check the risk estimate we provide.
  
At this time, Clear Blue's Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 346.2 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 70.9 M in 2024. . Price To Sales Ratio is likely to drop to 1.46 in 2024. Price Earnings Ratio is likely to drop to -2.23 in 2024. Clear Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0154

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Estimated Market Risk

 15.86
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Clear Blue is not performing at its full potential. However, 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 Clear Blue by adding Clear Blue to a well-diversified portfolio.
Price Book
87.8587
Enterprise Value Ebitda
(3.92)
Price Sales
0.3996
Shares Float
102.9 M
Earnings Share
(0.05)

Clear Blue Valuation on May 2, 2024

It is possible to determine the worth of Clear Blue on a given historical date. On May 2, 2024 Clear was worth 0.065 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clear Blue stock. Still, in general, we apply an absolute valuation method to find Clear Blue's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Clear Blue where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clear Blue's related companies.
 Open High Low Close Volume
  0.06    0.06    0.06    0.06    20,000  
05/02/2024
  0.07    0.07    0.05    0.05    79,000  
  0.06    0.06    0.06    0.06    12,125  
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Open Value
0.065
0.0005
Downside
0.05
Closing Value
47.65
Upside

Clear Blue Trading Date Momentum on May 2, 2024

On May 03 2024 Clear Blue Technologies was traded for  0.06  at the closing time. The maximum traded price for the trading interval was 0.06  and the lowest daily price was  0.06 . The daily volume was recorded at 12.1 K. The volume of trading on 3rd of May 2024 played a part in the next trading day price increase. The overall trading delta to the next closing price was 20.00% . The overall trading delta to the closing price today is 0.00% .

Clear Blue Technologies Fundamentals Correlations and Trends

By evaluating Clear Blue's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Clear Blue's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clear financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Clear Blue Stock history

Clear Blue investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Clear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clear Blue Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Clear Blue stock prices may prove useful in developing a viable investing in Clear Blue
Last ReportedProjected for Next Year
Common Stock Shares Outstanding124 M70.9 M
Net Loss-5.2 M-5.4 M

Clear Blue Stock Technical Analysis

Clear Blue technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Clear Blue technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clear Blue trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Clear Blue Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Clear Blue Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Clear Blue December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Clear Blue stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clear Blue shares will generate the highest return on investment. By undertsting and applying Clear Blue stock market strength indicators, traders can identify Clear Blue Technologies entry and exit signals to maximize returns

Clear Blue Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Clear Blue's price direction in advance. Along with the technical and fundamental analysis of Clear Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clear to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Clear Stock Analysis

When running Clear Blue's price analysis, check to measure Clear Blue'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 Blue is operating at the current time. Most of Clear Blue's value examination focuses on studying past and present price action to predict the probability of Clear Blue'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 Blue's price. Additionally, you may evaluate how the addition of Clear Blue to your portfolios can decrease your overall portfolio volatility.