Commerce Resources Corp Stock Year To Date Return
CCE Stock | CAD 0.08 0.01 11.11% |
Commerce Resources Corp fundamentals help investors to digest information that contributes to Commerce Resources' financial success or failures. It also enables traders to predict the movement of Commerce Stock. The fundamental analysis module provides a way to measure Commerce Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Commerce Resources stock.
Commerce | Year To Date Return |
Commerce Resources Corp Company Year To Date Return Analysis
Commerce Resources' Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Commerce Year To Date Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Commerce Resources is extremely important. It helps to project a fair market value of Commerce Stock properly, considering its historical fundamentals such as Year To Date Return. Since Commerce Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Commerce Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Commerce Resources' interrelated accounts and indicators.
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Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Competition |
Commerce Return On Tangible Assets
Return On Tangible Assets |
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In accordance with the company's disclosures, Commerce Resources Corp has a Year To Date Return of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Commerce Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Commerce Resources from analyzing Commerce Resources' financial statements. These drivers represent accounts that assess Commerce Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Commerce Resources' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 10.8M | 15.7M | 12.7M | 9.9M | 11.4M | 10.8M | |
Enterprise Value | 9.8M | 12.5M | 12.3M | 6.1M | 7.0M | 6.6M |
Commerce Fundamentals
Return On Equity | -0.48 | ||||
Return On Asset | -0.0175 | ||||
Current Valuation | 9.84 M | ||||
Shares Outstanding | 212.02 M | ||||
Shares Owned By Insiders | 7.91 % | ||||
Number Of Shares Shorted | 981 | ||||
Price To Earning | (20.00) X | ||||
Price To Book | 0.32 X | ||||
EBITDA | (1.66 M) | ||||
Net Income | (1.7 M) | ||||
Cash And Equivalents | 70.95 K | ||||
Total Debt | 121.81 K | ||||
Current Ratio | 0.08 X | ||||
Book Value Per Share | 0.27 X | ||||
Cash Flow From Operations | (509.69 K) | ||||
Short Ratio | 0.38 X | ||||
Earnings Per Share | (0.18) X | ||||
Beta | 2.42 | ||||
Market Capitalization | 16.96 M | ||||
Total Asset | 77.29 M | ||||
Retained Earnings | (37.88 M) | ||||
Working Capital | 3.98 M | ||||
Net Asset | 77.29 M |
About Commerce Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commerce Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commerce Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commerce Resources Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Commerce 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.