Comstock Competitors
| CRK Stock | USD 20.42 0.44 2.11% |
Comstock Resources vs California Resources Correlation
Very good diversification
The correlation between Comstock Resources and CRC is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Comstock Resources and CRC in the same portfolio, assuming nothing else is changed.
Moving together with Comstock Stock
Moving against Comstock Stock
| 0.56 | COP | ConocoPhillips | PairCorr |
| 0.46 | RF1 | Regal Investment | PairCorr |
| 0.45 | MBFJF | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.44 | SOC | Sable Offshore Corp | PairCorr |
| 0.34 | PTBRY | Bank Negara Indonesia | PairCorr |
Comstock Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Comstock Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Comstock and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Comstock Resources does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Comstock Stock performing well and Comstock Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Comstock Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHRD | 1.75 | 0.31 | 0.12 | 1.06 | 1.92 | 3.83 | 10.10 | |||
| MTDR | 1.84 | 0.38 | 0.14 | 1.46 | 1.97 | 3.73 | 9.76 | |||
| VIST | 1.97 | 0.19 | 0.05 | 0.42 | 2.68 | 4.21 | 13.64 | |||
| CNX | 1.62 | 0.22 | 0.08 | 0.92 | 1.80 | 3.44 | 8.32 | |||
| FRO | 1.81 | 0.39 | 0.13 | 11.65 | 2.04 | 3.77 | 13.55 | |||
| NOV | 1.83 | 0.25 | 0.12 | 0.27 | 2.06 | 4.85 | 12.40 | |||
| SOBO | 1.17 | 0.25 | 0.10 | (1.34) | 1.20 | 2.27 | 8.35 | |||
| WFRD | 2.02 | 0.50 | 0.24 | 0.61 | 1.75 | 4.77 | 13.20 | |||
| MGY | 1.39 | 0.34 | 0.17 | 0.98 | 1.35 | 2.99 | 7.72 | |||
| CRC | 1.56 | 0.29 | 0.12 | 0.62 | 1.65 | 3.61 | 8.47 |
Cross Equities Net Income Analysis
Compare Comstock Resources and related stocks such as Chord Energy Corp, Matador Resources, and Vista Oil Gas Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRD | 6 M | 79.4 M | 153.4 M | 228 M | 506.9 M | (40.2 M) | (500.1 M) | 123.8 M | (35.3 M) | (128.2 M) | (3.7 B) | 319.6 M | 1.9 B | 1 B | 848.6 M | 975.9 M | 1 B |
| MTDR | (14.4 M) | (10.3 M) | (33.3 M) | 45.1 M | 110.8 M | (679.8 M) | (97.4 M) | 125.9 M | 274.2 M | 87.8 M | (593.2 M) | 585 M | 1.2 B | 846.1 M | 885.3 M | 1 B | 1.1 B |
| VIST | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | (29.9 M) | (32.7 M) | (102.7 M) | 50.6 M | 269.5 M | 397 M | 477.5 M | 549.1 M | 576.6 M |
| CNX | 183.8 M | 632.5 M | 318.4 M | 660.4 M | 163.1 M | (374.9 M) | (848.1 M) | 380.7 M | 796.5 M | (80.7 M) | (483.8 M) | (498.6 M) | (142.1 M) | 1.7 B | (90.5 M) | 633.2 M | 664.8 M |
| FRO | 4.2 M | (529.6 M) | (82.8 M) | (188.5 M) | 149.5 M | 154.6 M | 117 M | (264.9 M) | (8.9 M) | 140 M | 412.9 M | (15 M) | 475.5 M | 656.4 M | 495.6 M | 569.9 M | 598.4 M |
| NOV | 200 K | 2 B | 2.5 B | 2.3 B | 2.5 B | (769 M) | (2.4 B) | (237 M) | (31 M) | (6.1 B) | (2.5 B) | (250 M) | 155 M | 993 M | 635 M | 145 M | 181.7 M |
| SOBO | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 316 M | 284.4 M | 303.2 M |
| WFRD | (4.1 M) | 189 M | (778 M) | (345 M) | (584 M) | (2 B) | (3.4 B) | (2.8 B) | (2.8 B) | 3.7 B | (1.9 B) | (450 M) | 26 M | 417 M | 506 M | 431 M | 452.6 M |
| MGY | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 21.5 M | 1.7 M | 93.8 M | 50.2 M | (1.2 B) | 417.3 M | 893.8 M | 388.3 M | 366 M | 325.3 M | 341.5 M |
| CRC | 971 M | 971 M | 699 M | 869 M | (1.4 B) | (3.6 B) | 279 M | (266 M) | 328 M | (28 M) | 1.9 B | 612 M | 524 M | 564 M | 376 M | 432.4 M | 454 M |
Comstock Resources and related stocks such as Chord Energy Corp, Matador Resources, and Vista Oil Gas Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Comstock Resources financial statement analysis. It represents the amount of money remaining after all of Comstock Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Comstock Resources Competitive Analysis
The better you understand Comstock Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Comstock Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Comstock Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Comstock Resources Competition Performance Charts
Five steps to successful analysis of Comstock Resources Competition
Comstock Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Comstock Resources in relation to its competition. Comstock Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Comstock Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Comstock Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Comstock Resources, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Comstock Resources Correlation with its peers. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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. Projected growth potential of Comstock fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Comstock Resources assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.79) | Earnings Share 0.22 | Revenue Per Share | Quarterly Revenue Growth 0.477 | Return On Assets |
Understanding Comstock Resources requires distinguishing between market price and book value, where the latter reflects Comstock's accounting equity. The concept of intrinsic value - what Comstock Resources' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Comstock Resources' price substantially above or below its fundamental value.
It's important to distinguish between Comstock Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Comstock Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Comstock Resources' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
