Commerce Resources Corp Stock Price on October 15, 2024
CMRZF Stock | USD 0.05 0.01 16.67% |
If you're considering investing in Commerce OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Commerce Resources stands at 0.05, as last reported on the 27th of November, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day. Commerce Resources Corp secures Sharpe Ratio (or Efficiency) of -0.0131, which signifies that the company had a -0.0131% return per unit of risk over the last 3 months. Commerce Resources Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Commerce Resources' Standard Deviation of 10.66, mean deviation of 6.45, and Risk Adjusted Performance of (0.0005) to double-check the risk estimate we provide.
Commerce OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Commerce |
Sharpe Ratio = -0.0131
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Estimated Market Risk
10.91 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 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.
Commerce Resources Valuation on October 15, 2024
It is possible to determine the worth of Commerce Resources on a given historical date. On October 15, 2024 Commerce was worth 0.1 at the beginning of the trading date compared to the closed value of 0.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Commerce Resources otc stock. Still, in general, we apply an absolute valuation method to find Commerce 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 Commerce Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Commerce Resources' related companies.
Open | High | Low | Close | Volume | |
0.12 | 0.12 | 0.12 | 0.12 | 60,000 | |
10/15/2024 | 0.10 | 0.10 | 0.09 | 0.10 | 29,900 |
0.12 | 0.12 | 0.12 | 0.12 | 200.00 |
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Commerce Resources Trading Date Momentum on October 15, 2024
On October 16 2024 Commerce Resources Corp was traded for 0.12 at the closing time. The highest daily price throughout the period was 0.12 and the lowest price was 0.12 . The daily volume was 200. The net trading volume on 10/16/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 20.00% . The overall trading delta to current closing price is 10.00% . |
Commerce Resources Corp Fundamentals Correlations and Trends
By evaluating Commerce 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 Commerce Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Commerce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Commerce Resources OTC Stock history
Commerce 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 Commerce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Commerce Resources Corp 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 Commerce Resources stock prices may prove useful in developing a viable investing in Commerce Resources
Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada. Commerce Resources Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada. Commerce Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Commerce Resources OTC Stock Technical Analysis
Commerce Resources technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Commerce Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Commerce Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Commerce Resources otc 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 otc 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 OTC 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 | (0.0005) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (1.83) | |||
Treynor Ratio | 0.7667 |
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Complementary Tools for Commerce OTC Stock analysis
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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