California Resources Buy Hold or Sell Recommendation
| CRCQWDelisted Stock | USD 17.12 0.12 0.71% |
Assuming the 90 days horizon and your below-average risk tolerance, our recommendation regarding California Resources is 'Not Rated'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell California Resources given historical horizon and risk tolerance towards California Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for California Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
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 producer price index. Note, we conduct extensive research on individual companies such as California and provide practical buy, sell, or hold advice based on investors' constraints. California 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 producer price index.
California |
Execute California Resources Buy or Sell Advice
The California recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on California Resources. Macroaxis does not own or have any residual interests in California Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute California Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
California Resources Trading Alerts and Improvement Suggestions
| California Resources is not yet fully synchronised with the market data | |
| California Resources is way too risky over 90 days horizon | |
| California Resources appears to be risky and price may revert if volatility continues | |
| California Resources has a very high chance of going through financial distress in the upcoming years | |
| California Resources has accumulated 589 M in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. California Resources has a current ratio of 0.69, 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 California Resources until it has trouble settling it off, either with new capital or with free cash flow. So, California 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 California Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for California to invest in growth at high rates of return. When we think about California Resources' use of debt, we should always consider it together with cash and equity. |
California Resources Returns Distribution Density
The distribution of California Resources' historical returns is an attempt to chart the uncertainty of California Resources' future price movements. The chart of the probability distribution of California Resources daily returns describes the distribution of returns around its average expected value. We use California Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of California Resources returns is essential to provide solid investment advice for California Resources.
| Mean Return | 0.71 | Value At Risk | -13.78 | Potential Upside | 18.48 | Standard Deviation | 9.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of California Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
California Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as California . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About California Resources Buy or Sell Advice
When is the right time to buy or sell California Resources? Buying financial instruments such as California Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having California Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Global Macro ETFs Theme or any other thematic opportunities.
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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 producer price index. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in California Pink Sheet
If you are still planning to invest in California Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the California Resources' history and understand the potential risks before investing.
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