Commerce Resources Corp Stock Probability of Future Stock Price Finishing Over 0.2
| CCE Stock | CAD 0.07 0.01 6.25% |
Commerce |
Commerce Resources Target Price Odds to finish over 0.2
The tendency of Commerce 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 Price | Horizon | Target Price | Odds to move over C$ 0.20 or more in 90 days |
| 0.07 | 90 days | 0.20 | near 1 |
Based on a normal probability distribution, the odds of Commerce Resources to move over C$ 0.20 or more in 90 days from now is near 1 (This Commerce Resources Corp probability density function shows the probability of Commerce Stock to fall within a particular range of prices over 90 days) . Probability of Commerce Resources Corp price to stay between its current price of C$ 0.07 and C$ 0.20 at the end of the 90-day period is about 91.15 .
Assuming the 90 days horizon Commerce Resources Corp has a beta of -1.23 suggesting as returns on its benchmark rise, returns on holding Commerce Resources Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Commerce Resources is expected to outperform its benchmark. Additionally Commerce Resources Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Commerce Resources Price Density |
| Price |
Predictive Modules for Commerce Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Commerce Resources Corp. 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.Commerce Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Commerce Resources is not an exception. The market had few large corrections towards the Commerce Resources' 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 Commerce Resources Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Commerce Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -1.23 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.04 |
Commerce Resources 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 Commerce Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Commerce Resources Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Commerce Resources generated a negative expected return over the last 90 days | |
| Commerce Resources has high historical volatility and very poor performance | |
| Commerce Resources has some characteristics of a very speculative penny stock | |
| Commerce Resources Corp has accumulated 121.81 K in total debt. Commerce Resources Corp has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Commerce Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Commerce Resources' 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 Commerce Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Commerce to invest in growth at high rates of return. When we think about Commerce Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Commerce Resources Corp has accumulated about 70.95 K in cash with (509.69 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: This E-Commerce Stock Could Be a Better Growth Play Than Amazon - Yahoo Canada Finance |
Commerce Resources 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 Commerce Stock often depends not only on the future outlook of the current and potential Commerce Resources' 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. Commerce Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98.9 M | |
| Cash And Short Term Investments | 4 M |
Commerce Resources Technical Analysis
Commerce Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Commerce Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Commerce Resources Corp. In general, you should focus on analyzing Commerce Stock price patterns and their correlations with different microeconomic environments and drivers.
Commerce Resources Predictive Forecast Models
Commerce Resources' time-series forecasting models is one of many Commerce Resources' 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 Commerce Resources' 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 Commerce Resources Corp
Checking the ongoing alerts about Commerce Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Commerce Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Commerce Resources generated a negative expected return over the last 90 days | |
| Commerce Resources has high historical volatility and very poor performance | |
| Commerce Resources has some characteristics of a very speculative penny stock | |
| Commerce Resources Corp has accumulated 121.81 K in total debt. Commerce Resources Corp has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Commerce Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Commerce Resources' 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 Commerce Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Commerce to invest in growth at high rates of return. When we think about Commerce Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Commerce Resources Corp has accumulated about 70.95 K in cash with (509.69 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: This E-Commerce Stock Could Be a Better Growth Play Than Amazon - Yahoo Canada Finance |
Additional Tools for Commerce Stock Analysis
When running Commerce Resources' price analysis, check to measure Commerce Resources' 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.