Commerce Resources' market value is the price at which a share of Commerce Resources trades on a public exchange. It measures the collective expectations of Commerce Resources Corp investors about its performance. Commerce Resources is trading at 0.05 as of the 2nd of February 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.05. With this module, you can estimate the performance of a buy and hold strategy of Commerce Resources Corp and determine expected loss or profit from investing in Commerce Resources over a given investment horizon. Check out Commerce Resources Correlation, Commerce Resources Volatility and Commerce Resources Alpha and Beta module to complement your research on Commerce Resources.
Please note, there is a significant difference between Commerce Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Commerce Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Commerce Resources' otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Commerce Resources.
0.00
12/04/2024
No Change 0.00
0.0
In 2 months and 1 day
02/02/2025
0.00
If you would invest 0.00 in Commerce Resources on December 4, 2024 and sell it all today you would earn a total of 0.00 from holding Commerce Resources Corp or generate 0.0% return on investment in Commerce Resources over 60 days. Commerce Resources is related to or competes with StrikePoint Gold, Silver Elephant, Eskay Mining, Aurelia Metals, Centaurus Metals, and Adriatic Metals. Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada More
Commerce Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Commerce Resources' otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Commerce Resources Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commerce Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commerce Resources' standard deviation. In reality, there are many statistical measures that can use Commerce Resources historical prices to predict the future Commerce Resources' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Commerce Resources. Your research has to be compared to or analyzed against Commerce Resources' peers to derive any actionable benefits. When done correctly, Commerce Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Commerce Resources Corp.
Commerce Resources Corp Backtested Returns
Commerce Resources Corp secures Sharpe Ratio (or Efficiency) of -0.0336, which signifies that the company had a -0.0336 % return per unit of risk over the last 3 months. Commerce Resources Corp exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Commerce Resources' Mean Deviation of 6.41, standard deviation of 10.57, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Commerce Resources are expected to decrease at a much lower rate. During the bear market, Commerce Resources is likely to outperform the market. At this point, Commerce Resources Corp has a negative expected return of -0.32%. Please make sure to confirm Commerce Resources' standard deviation, value at risk, as well as the relationship between the Value At Risk and day median price , to decide if Commerce Resources Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
0.08
Virtually no predictability
Commerce Resources Corp has virtually no predictability. Overlapping area represents the amount of predictability between Commerce Resources time series from 4th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Commerce Resources Corp price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Commerce Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
0.08
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
0.0
Commerce Resources Corp lagged returns against current returns
Autocorrelation, which is Commerce Resources otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Commerce Resources' otc stock expected returns. We can calculate the autocorrelation of Commerce Resources returns to help us make a trade decision. For example, suppose you find that Commerce Resources has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Commerce Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Commerce Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commerce Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commerce Resources otc stock over time.
Current vs Lagged Prices
Timeline
Commerce Resources Lagged Returns
When evaluating Commerce Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commerce Resources otc stock have on its future price. Commerce Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Commerce Resources autocorrelation shows the relationship between Commerce Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Commerce Resources Corp.
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.