Comstock Resources Stock Price on November 19, 2024
| CRK Stock | USD 16.26 0.00 0.00% |
Below is the normalized historical share price chart for Comstock Resources extending back to August 28, 1987. 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 Comstock Resources stands at 16.26, as last reported on the 23rd of December, with the highest price reaching 16.26 and the lowest price hitting 15.25 during the day.
If you're considering investing in Comstock Stock, it is important to understand the factors that can impact its price. Comstock Resources appears to be not too volatile, given 3 months investment horizon. Comstock Resources secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Comstock Resources' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Comstock Resources' Downside Deviation of 2.69, mean deviation of 2.39, and Risk Adjusted Performance of 0.1824 to double-check if our risk estimates are consistent with your expectations.
At this time, Comstock Resources' Capital Stock is quite stable compared to the past year. . At this time, Comstock Resources' Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 1.22 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 2.32. Comstock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 11.1287 | 50 Day MA 13.7672 | Beta 0.48 |
Comstock |
Sharpe Ratio = 0.1855
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Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Comstock Resources is performing at about 14% of its full potential. 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 Comstock Resources by adding it to a well-diversified portfolio.
Price Book 2.0144 | Enterprise Value Ebitda 8.8394 | Price Sales 3.563 | Shares Float 78 M | Wall Street Target Price 11.5417 |
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Comstock Resources Valuation on November 19, 2024
It is possible to determine the worth of Comstock Resources on a given historical date. On November 19, 2024 Comstock was worth 13.62 at the beginning of the trading date compared to the closed value of 14.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Comstock Resources stock. Still, in general, we apply an absolute valuation method to find Comstock Resources' 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 Comstock Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Comstock Resources' related companies.
| Open | High | Low | Close | Volume | |
| 13.43 | 14.14 | 13.37 | 13.89 | 1,868,492 | |
11/19/2024 | 13.62 | 14.15 | 13.55 | 14.04 | 1,690,483 |
| 14.18 | 15.07 | 14.18 | 15.00 | 2,522,666 |
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Comstock Resources Trading Date Momentum on November 19, 2024
| On November 20 2024 Comstock Resources was traded for 15.00 at the closing time. Highest Comstock Resources's price during the trading hours was 15.07 and the lowest price during the day was 14.18 . The net volume was 2.5 M. The overall trading history on the 20th of November contributed to the next trading period price upswing. The overall trading delta to the next next day price was 6.84% . The overall trading delta to current price is 10.75% . |
Comstock Resources Fundamentals Correlations and Trends
By evaluating Comstock Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Comstock Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Comstock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Comstock Resources Stock history
Comstock Resources 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 Comstock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Comstock Resources 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 Comstock Resources stock prices may prove useful in developing a viable investing in Comstock Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 276.8 M | 290.6 M | |
| Net Income Applicable To Common Shares | 1.3 B | 1.4 B |
Comstock Resources Stock Technical Analysis
Comstock Resources 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.
Price Boundaries
Comstock Resources Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Comstock Resources December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Comstock 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 Comstock Resources shares will generate the highest return on investment. By undertsting and applying Comstock Resources stock market strength indicators, traders can identify Comstock Resources entry and exit signals to maximize returns
Comstock Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Comstock Resources' price direction in advance. Along with the technical and fundamental analysis of Comstock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Comstock 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 | 0.1824 | |||
| Jensen Alpha | 0.6853 | |||
| Total Risk Alpha | 0.6277 | |||
| Sortino Ratio | 0.2597 | |||
| Treynor Ratio | 0.4547 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Resources. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Earnings Share (0.18) | Revenue Per Share 4.574 | Quarterly Revenue Growth (0.19) | Return On Assets (0.01) |
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.