Comstock Resources Stock Price on November 25, 2024

CRK Stock  USD 16.79  0.12  0.72%   
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 16.79, as last reported on the 25th of December, with the highest price reaching 16.98 and the lowest price hitting 16.52 during the day.
IPO Date
26th of March 1990
200 Day MA
11.1696
50 Day MA
13.8594
Beta
0.48
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. By analyzing Comstock Resources' technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of Comstock Resources' Mean Deviation of 2.3, downside deviation of 2.69, and Risk Adjusted Performance of 0.169 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.

Sharpe Ratio = 0.2234

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Estimated Market Risk

 3.29
  actual daily
29
71% of assets are more volatile

Expected Return

 0.74
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Comstock Resources is performing at about 17% 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
2.1226
Enterprise Value Ebitda
9.1267
Price Sales
3.7815
Shares Float
78 M
Wall Street Target Price
11.5417

Comstock Resources Valuation on November 25, 2024

It is possible to determine the worth of Comstock Resources on a given historical date. On November 25, 2024 Comstock was worth 15.66 at the beginning of the trading date compared to the closed value of 15.51. 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
  14.98    15.36    14.89    15.16    1,680,864  
11/25/2024
  15.66    15.82    15.44    15.51    2,898,585  
  15.44    15.65    15.29    15.57    1,213,469  
Backtest Comstock Resources  |  Comstock Resources History  |  Comstock Resources Valuation   PreviousNext  
Open Value
15.66
15.51
Closing Value
25.54
Upside

Comstock Resources Trading Date Momentum on November 25, 2024

On November 26 2024 Comstock Resources was traded for  15.57  at the closing time. Highest Comstock Resources's price during the trading hours was 15.65  and the lowest price during the day was  15.29 . The net volume was 1.2 M. The overall trading history on the 26th of November contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.39% . The overall trading delta to current price is 2.97% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding276.8 M290.6 M
Net Income Applicable To Common Shares1.3 B1.4 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.
A focus of Comstock Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comstock Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Comstock Resources Period Price Range

Low
December 25, 2024
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High

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Comstock Resources cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Comstock Resources December 25, 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.
When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.