Analysis and predictions CLF vs X
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CLF and X companies are vertically integrated manufacturers and suppliers of steel in the US market primarily, providing rolled steel slabs, strip mill plates, and tin mill products, as well as iron ore and coke. X is the most recognized steel producer in the US, based in Pittsburg, PA. CLF is based in Cleveland, OH, which is also a long-time steel hub, but until recent times CLF was primarily known as a miner of iron. Acquisitions in recent years have made it a top manufacturer and competitor with X. When analysts last year predicted that these steel manufacturers would benefit from a revival in American auto production, X’s shares were in higher demand, almost exclusively due to the name recognition factor. Both companies have to compete with lighter-weight aluminum manufacturers for the automotive business, and more electric vehicles should mean the industry will gravitate toward aluminum instead. These two companies use blast furnaces to produce steel, which is becoming an outdated method of production.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
CLF’s FA Score shows that 1 FA rating(s) are green whileX’s FA Score has 2 green FA rating(s).
- CLF’s FA Score: 1 green, 4 red.
- X’s FA Score: 2 green, 3 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
CLF’s TA Score shows that 5 TA indicator(s) are bullish while X’s TA Score has 4 bullish TA indicator(s).
- CLF’s TA Score: 5 bullish, 5 bearish.
- X’s TA Score: 4 bullish, 3 bearish.
Price Growth
CLF (@Steel) experienced а -12.48% price change this week, while X (@Steel) price change was -4.55% for the same time period.
The average weekly price growth across all stocks in the @Steel industry was -0.50%. For the same industry, the average monthly price growth was -2.73%, and the average quarterly price growth was +9.42%.
Reported Earning Dates
CLF is expected to report earnings on Jul 19, 2024.
X is expected to report earnings on Jul 25, 2024.
Industries' Descriptions
@Steel (-0.50% weekly)The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.
| CLF | X | CLF / X | |
| Capitalization | 8.67B | 8.36B | 104% |
| EBITDA | N/A | N/A | - |
| Gain YTD | -10.725 | -23.515 | 46% |
| P/E Ratio | 24.31 | 10.44 | 233% |
| Revenue | N/A | N/A | - |
| Total Cash | N/A | N/A | - |
| Total Debt | 3.14B | N/A | - |
CLF | X | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 53 | 65 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 67 Overvalued | 15 Undervalued | |
PROFIT vs RISK RATING 1..100 | 58 | 34 | |
SMR RATING 1..100 | 84 | 76 | |
PRICE GROWTH RATING 1..100 | 58 | 56 | |
P/E GROWTH RATING 1..100 | 23 | 4 | |
SEASONALITY SCORE 1..100 | n/a | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
X's Valuation (15) in the Steel industry is somewhat better than the same rating for CLF (67). This means that X’s stock grew somewhat faster than CLF’s over the last 12 months.
X's Profit vs Risk Rating (34) in the Steel industry is in the same range as CLF (58). This means that X’s stock grew similarly to CLF’s over the last 12 months.
X's SMR Rating (76) in the Steel industry is in the same range as CLF (84). This means that X’s stock grew similarly to CLF’s over the last 12 months.
X's Price Growth Rating (56) in the Steel industry is in the same range as CLF (58). This means that X’s stock grew similarly to CLF’s over the last 12 months.
X's P/E Growth Rating (4) in the Steel industry is in the same range as CLF (23). This means that X’s stock grew similarly to CLF’s over the last 12 months.
| CLF | X | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 76% | 1 day ago 77% |
| Stochastic ODDS (%) | 1 day ago 81% | 1 day ago 80% |
| Momentum ODDS (%) | 1 day ago 70% | 1 day ago 73% |
| MACD ODDS (%) | 1 day ago 81% | 1 day ago 69% |
| TrendWeek ODDS (%) | 1 day ago 80% | 1 day ago 75% |
| TrendMonth ODDS (%) | 1 day ago 83% | 1 day ago 77% |
| Advances ODDS (%) | 30 days ago 80% | 17 days ago 77% |
| Declines ODDS (%) | 1 day ago 80% | 3 days ago 74% |
| BollingerBands ODDS (%) | 1 day ago 81% | 1 day ago 71% |
| Aroon ODDS (%) | 1 day ago 76% | N/A |
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| SDCI | 19.65 | 0.05 | +0.28% |
| USCF SummerHaven Dyn CmdtyStgy NoK-1 ETF | |||
| SDY | 127.90 | -0.55 | -0.43% |
| SPDR® S&P Dividend ETF | |||
| KCE | 107.40 | -0.79 | -0.73% |
| SPDR® S&P Capital Markets ETF | |||
| EPS | 53.61 | -0.40 | -0.74% |
| WisdomTree US Earnings 500 ETF | |||
| AMZY | 22.06 | -0.37 | -1.65% |
| YieldMax AMZN Option Income StgyETF | |||
CLF and
Correlation & Price change
A.I.dvisor indicates that over the last year, CLF has been closely correlated with NUE. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if CLF jumps, then NUE could also see price increases.
| Ticker / NAME | Correlation To CLF | 1D Price Change % | ||
|---|---|---|---|---|
| CLF | 100% | -0.49% | ||
| NUE - CLF | 71% Closely correlated | +1.81% | ||
| STLD - CLF | 63% Loosely correlated | +2.39% | ||
| MT - CLF | 58% Loosely correlated | +0.08% | ||
| X - CLF | 57% Loosely correlated | +1.56% | ||
| MTUS - CLF | 50% Loosely correlated | -0.65% | ||
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