Commerce Resources Corp Stock Beta
| CMRZF Stock | USD 0.06 0 7.17% |
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 OTC 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 otc stock.
Commerce |
Commerce Resources Corp OTC Stock Beta Analysis
Commerce Resources' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Commerce Resources Beta | 2.07 |
Most of Commerce Resources' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Commerce Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Commerce Resources Corp has a Beta of 2.0653. This is 137.39% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Commerce Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commerce Resources' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Commerce Resources could also be used in its relative valuation, which is a method of valuing Commerce Resources by comparing valuation metrics of similar companies.Commerce Resources is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Commerce Resources will likely underperform.
Commerce Fundamentals
| Return On Equity | -0.0013 | |||
| Return On Asset | -0.0095 | |||
| Current Valuation | 9.96 M | |||
| Shares Outstanding | 99.85 M | |||
| Shares Owned By Insiders | 1.98 % | |||
| Price To Earning | (19.64) X | |||
| Price To Book | 0.22 X | |||
| EBITDA | (1.42 M) | |||
| Net Income | (451.11 K) | |||
| Cash And Equivalents | 1.74 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 188.38 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 2.97 X | |||
| Book Value Per Share | 0.78 X | |||
| Cash Flow From Operations | (2.36 M) | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 11 | |||
| Beta | 2.07 | |||
| Market Capitalization | 12.84 M | |||
| Total Asset | 71.2 M | |||
| Retained Earnings | (23.51 M) | |||
| Working Capital | (722 K) | |||
| Current Asset | 997 K | |||
| Current Liabilities | 1.72 M | |||
| Z Score | 40.8 | |||
| Net Asset | 71.2 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 otc stock, 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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Other Information on Investing in Commerce OTC Stock
Commerce Resources financial ratios help investors to determine whether Commerce OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Commerce with respect to the benefits of owning Commerce Resources security.