Commerce Resources Corp Stock Price on November 13, 2024
If you're considering investing in Commerce Stock, it is important to understand the factors that can impact its price. Commerce Resources Corp secures Sharpe Ratio (or Efficiency) of -0.0754, which signifies that the company had a -0.0754% return per unit of risk over the last 3 months. Commerce Resources Corp exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Commerce Resources' Risk Adjusted Performance of (0.05), mean deviation of 4.17, and Standard Deviation of 6.86 to double-check the risk estimate we provide.
Commerce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Commerce |
Sharpe Ratio = -0.0754
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Estimated Market Risk
6.86 actual daily | 61 61% of assets are less volatile |
Expected Return
-0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Commerce Resources 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 Commerce Resources by adding Commerce Resources to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Commerce Resources Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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Commerce Resources December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Commerce Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commerce Resources shares will generate the highest return on investment. By undertsting and applying Commerce Resources stock market strength indicators, traders can identify Commerce Resources Corp entry and exit signals to maximize returns
Commerce Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Commerce Resources' price direction in advance. Along with the technical and fundamental analysis of Commerce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Commerce 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.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.52) | |||
Total Risk Alpha | (0.73) | |||
Treynor Ratio | 1.36 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Tools for Commerce Stock
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.
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