Is Clorox Stock a Good Investment?

Clorox Investment Advice

CLX

To provide specific investment advice or recommendations on The Clorox stock, we recommend investors consider the following general factors when evaluating The Clorox. This will help you to make an informed decision on whether to include Clorox in one of your diversified portfolios:

Examine Clorox's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Clorox's leadership team and their track record. Good management can help Clorox navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Household Products space and any emerging trends that could impact Clorox's business and its evolving consumer preferences.
Compare Clorox's performance and market position to its competitors. Analyze how Clorox is positioned in terms of product offerings, innovation, and market share.
Check if Clorox pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Clorox's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in The Clorox stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if The Clorox is a good investment.

Sell

Buy

Strong Hold

Macroaxis provides advice on Clorox to complement and cross-verify current analyst consensus on The Clorox. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Clorox is not overpriced, please confirm all Clorox fundamentals, including its shares owned by insiders, cash and equivalents, target price, as well as the relationship between the price to sales and book value per share . Given that Clorox has a price to earning of 45.43 X, we suggest you to validate The Clorox market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Weak	Details
Volatility	Very steady	Details
Hype Condition	Stale	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Slowly supersedes the market	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Hold	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unavailable	Details

Examine Clorox Stock

Researching Clorox's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 81.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.43. Clorox last dividend was issued on the 23rd of April 2024. The entity had 2:1 split on the 24th of August 1999.

To determine if Clorox is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Clorox's research are outlined below:

	The company has 2.92 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. Debt can assist Clorox until it has trouble settling it off, either with new capital or with free cash flow. So, Clorox's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clorox sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clorox to invest in growth at high rates of return. When we think about Clorox's use of debt, we should always consider it together with cash and equity.
	Over 81.0% of Clorox shares are held by institutions such as insurance companies
	Latest headline from finance.yahoo.com: Clorox Employees Share Their Stories for National Infertility Awareness Week

Clorox Quarterly Accounts Payable

1.65 Billion

Clorox uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in The Clorox. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Clorox's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	1st of February 2024 Upcoming Quarterly Report	View
	7th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	7th of August 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	30th of June 2023 Last Financial Announcement	View

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. Below are the table of largest EPS Surprises Clorox's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2003-02-11	2002-12-31	0.35	0.4	0.05	14
2011-02-04	2010-12-31	0.61	0.68	0.07	11
1998-07-30	1998-06-30	0.41	0.48	0.07	17
2006-02-02	2005-12-31	0.47	0.55	0.08	17
2007-02-01	2006-12-31	0.5	0.59	0.09	18
2012-02-03	2011-12-31	0.68	0.79	0.11	16
2011-11-02	2011-09-30	0.93	1.04	0.11	11
2008-02-04	2007-12-31	0.54	0.65	0.11	20

Clorox Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Clorox target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Clorox's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.

Hold

Most Clorox analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Clorox stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Clorox, talking to its executives and customers, or listening to those companies' conference calls.

Macroaxis Advice Exposure Valuation

Clorox Target Price Projection

Clorox's current and average target prices are 146.48 and 134.37, respectively. The current price of Clorox is the price at which The Clorox is currently trading. On the other hand, Clorox's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Clorox Market Quote on 28th of April 2024

Low Price	146.27	Odds
High Price	148.5	Odds

146.48 Target Price

Analyst Consensus On Clorox Target Price

Low Estimate	122.28	Odds
High Estimate	149.15	Odds

134.37

Historical

Lowest Forecast 122.28

Target Price 134.37

Highest Forecast 149.15

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on The Clorox and the information provided on this page.

Clorox Analyst Ratings

Clorox's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Clorox stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Clorox's financials, market performance, and future outlook by experienced professionals. Clorox's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Clorox's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Clorox is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The Clorox backward and forwards among themselves. Clorox's institutional investor refers to the entity that pools money to purchase Clorox's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Proshare Advisors Llc	2023-12-31	1.3 M
Legal & General Group Plc	2023-12-31	1.3 M
Macquarie Group Ltd	2023-12-31	1.1 M
Mariner Value Strategies, Llc	2023-12-31	1.1 M
Amvescap Plc.	2023-12-31	1.1 M
Goldman Sachs Group Inc	2023-12-31	1 M
Norges Bank	2023-12-31	900.4 K
Parsifal Capital Management, Lp	2023-12-31	899.4 K
Bank Of New York Mellon Corp	2023-12-31	896.4 K
Vanguard Group Inc	2023-12-31	15.2 M
Blackrock Inc	2023-12-31	10.1 M

Note, although Clorox's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Clorox's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 18.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clorox's market, we take the total number of its shares issued and multiply it by Clorox's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

3.22 Billion

Clorox's profitablity analysis

Clorox's profitability indicators refer to fundamental financial ratios that showcase Clorox's ability to generate income relative to its revenue or operating costs. If, let's say, Clorox is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Clorox's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Clorox's profitability requires more research than a typical breakdown of Clorox's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.03	0.03
Return On Capital Employed	0.27	0.23
Return On Assets	0.02	0.02
Return On Equity	0.61	0.37

The company has Net Profit Margin of 0.01 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.16 %, which entails that for every 100 dollars of revenue, it generated $0.16 of operating income.

Determining Clorox's profitability involves analyzing its financial statements and using various financial metrics to determine if Clorox is a good buy. For example, gross profit margin measures Clorox's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Clorox's profitability and make more informed investment decisions.

The data published in Clorox's official financial statements usually reflect Clorox's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Clorox. For example, before you start analyzing numbers published by Clorox accountants, it's critical to develop an understanding of what Clorox's liquidity, profitability, and earnings quality are in the context of the Household Products space in which it operates.

Please note, the presentation of Clorox's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Clorox's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Clorox's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The Clorox. Please utilize our Beneish M Score to check the likelihood of Clorox's management manipulating its earnings.

Evaluate Clorox's management efficiency

Clorox has Return on Asset of 0.0891 % which means that on every $100 spent on assets, it made $0.0891 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2623 %, implying that it generated $0.2623 on every 100 dollars invested. Clorox's management efficiency ratios could be used to measure how well Clorox manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.03 in 2024. Return On Capital Employed is likely to drop to 0.23 in 2024. At this time, Clorox's Non Currrent Assets Other are fairly stable compared to the past year. Intangible Assets is likely to rise to about 852.2 M in 2024, whereas Total Assets are likely to drop slightly above 3.9 B in 2024.

	Last Reported	Projected for Next Year
Book Value Per Share	2.05	3.40
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	(14.66)	(13.93)
Enterprise Value Over EBITDA	25.86	27.16
Price Book Value Ratio	80.41	84.43
Enterprise Value Multiple	25.86	27.16
Price Fair Value	80.41	84.43
Enterprise Value	6.9 B	7.2 B

The analysis of Clorox's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Clorox's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Clorox Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Dividend Yield

0.0328

Forward Dividend Yield

0.0328

Forward Dividend Rate

4.8

Beta

0.422

Basic technical analysis of Clorox Stock

As of the 28th of April, Clorox shows the Mean Deviation of 0.97, risk adjusted performance of 0.048, and Semi Deviation of 1.03. Clorox technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for The Clorox, which can be compared to its peers. Please confirm Clorox standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Clorox is priced correctly, providing market reflects its regular price of 146.48 per share. Given that Clorox has jensen alpha of 0.0329, we suggest you to validate The Clorox's prevailing market performance to make sure the company can sustain itself at a future point.

Clorox's Outstanding Corporate Bonds

Clorox issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Clorox uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Clorox bonds can be classified according to their maturity, which is the date when The Clorox has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	CLX 46 01 MAY 32 Corp Bond US189054AZ21	View
	CLX 44 01 MAY 29 Corp Bond US189054AY55	View
	US189054AX72 Corp Bond US189054AX72	View
	CLOROX 39 percent Corp Bond US189054AW99	View
	CLOROX 31 percent Corp Bond US189054AV17	View

View All Clorox Corporate Bonds

Understand Clorox's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Clorox's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.048
	Market Risk Adjusted Performance	0.141
	Mean Deviation	0.97
	Semi Deviation	1.03
	Downside Deviation	1.11
	Coefficient Of Variation	1464.05
	Standard Deviation	1.36
	Variance	1.86
	Information Ratio	0.0029
	Jensen Alpha	0.0329
	Total Risk Alpha	(0.09)
	Sortino Ratio	0.0036
	Treynor Ratio	0.131
	Maximum Drawdown	8.77
	Value At Risk	(1.94)
	Potential Upside	2.15
	Downside Variance	1.22
	Semi Variance	1.06
	Expected Short fall	(1.12)
	Skewness	1.12
	Kurtosis	3.58

	Risk Adjusted Performance	0.048
	Market Risk Adjusted Performance	0.141
	Mean Deviation	0.97
	Semi Deviation	1.03
	Downside Deviation	1.11
	Coefficient Of Variation	1464.05
	Standard Deviation	1.36
	Variance	1.86
	Information Ratio	0.0029
	Jensen Alpha	0.0329
	Total Risk Alpha	(0.09)
	Sortino Ratio	0.0036
	Treynor Ratio	0.131
	Maximum Drawdown	8.77
	Value At Risk	(1.94)
	Potential Upside	2.15
	Downside Variance	1.22
	Semi Variance	1.06
	Expected Short fall	(1.12)
	Skewness	1.12
	Kurtosis	3.58

Consider Clorox's intraday indicators

Clorox intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Clorox stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.015
	Daily Balance Of Power	(0.46)
	Rate Of Daily Change	0.99
	Day Median Price	147.39
	Day Typical Price	147.08
	Market Facilitation Index	2.23
	Price Action Indicator	(1.42)
	Period Momentum Indicator	(1.02)
	Relative Strength Index	50.46

Clorox Corporate Filings

F4	2nd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
8K	21st of March 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
13A	25th of January 2024 An amended filing to the original Schedule 13G	View Verify
F3	22nd of January 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock	View Verify

Clorox 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 ae 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. These 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 market movement and maximize returns from investment trading.

Clorox Stock media impact

Far too much social signal, news, headlines, and media speculation about Clorox that are 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 Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Clorox can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Clorox Historical Investor Sentiment

Investor biases related to Clorox's public news can be used to forecast risks associated with an investment in Clorox. The trend in average sentiment can be used to explain how an investor holding Clorox can time the market purely based on public headlines and social activities around The Clorox. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Clorox's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Clorox and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Clorox news discussions. The higher the estimate score, the more favorable the investor's outlook on Clorox.

Clorox Maximum Pain Price across 2024-05-03 Option Contracts

Clorox's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Clorox close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Clorox's options.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clorox without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Clorox Corporate Directors

Clorox corporate directors refer to members of a Clorox board of directors. The board of directors generally takes responsibility for the Clorox's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Clorox's board members must vote for the resolution. The Clorox board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

George Harad	Independent Director	Profile
Jeffrey Noddle	Independent Director	Profile
Amy Banse	Independent Director	Profile
Allan Mackay	Independent Director	Profile

How to buy Clorox Stock?

Examine Clorox's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Clorox's leadership team and their track record. Good management can help Clorox navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Household Products space and any emerging trends that could impact Clorox's business and its evolving consumer preferences.
Compare Clorox's performance and market position to its competitors. Analyze how Clorox is positioned in terms of product offerings, innovation, and market share.
Check if Clorox pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Clorox's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in The Clorox?

The danger of trading The Clorox is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Clorox is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Clorox. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clorox is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether Clorox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clorox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Clorox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Clorox Stock: