California Resources Performance
| CRCQWDelisted Stock | USD 17.12 0.12 0.71% |
On a scale of 0 to 100, California Resources holds a performance score of 6. The firm shows a Beta (market volatility) of 1.56, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, California Resources will likely underperform. Please check California Resources' treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether California Resources' price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in California Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile basic indicators, California Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 28 M |
California |
California Resources Relative Risk vs. Return Landscape
If you would invest 1,470 in California Resources on August 31, 2024 and sell it today you would earn a total of 242.00 from holding California Resources or generate 16.46% return on investment over 90 days. California Resources is currently producing 0.6106% returns and takes up 6.8748% volatility of returns over 90 trading days. Put another way, 61% of traded pink sheets are less volatile than California, and 88% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
California Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for California Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as California Resources, and traders can use it to determine the average amount a California Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0888
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| Small Returns | CRCQW | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.87 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average California Resources is performing at about 6% of its full potential. 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 California Resources by adding it to a well-diversified portfolio.
California Resources Fundamentals Growth
California Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of California Resources, and California Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on California Pink Sheet performance.
| Return On Equity | 0.79 | |||
| Return On Asset | 0.0484 | |||
| Profit Margin | 0.37 % | |||
| Operating Margin | 0.09 % | |||
| Price To Earning | 0.32 X | |||
| Revenue | 2.56 B | |||
| EBITDA | 270 M | |||
| Cash And Equivalents | 324 M | |||
| Cash Per Share | 4.30 X | |||
| Total Debt | 589 M | |||
| Debt To Equity | 0.42 % | |||
| Book Value Per Share | 25.25 X | |||
| Cash Flow From Operations | 660 M | |||
| Earnings Per Share | 6.49 X | |||
| Total Asset | 3.85 B | |||
About California Resources Performance
Evaluating California Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if California Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if California Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
California Resources Corporation operates as an independent oil and natural gas company. The company was incorporated in 2014 and is based in Santa Clarita, California. CALIFORNIA RESOURCES operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 970 people.Things to note about California Resources performance evaluation
Checking the ongoing alerts about California Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for California Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. |
- Analyzing California Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether California Resources' stock is overvalued or undervalued compared to its peers.
- Examining California Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating California Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of California Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of California Resources' pink sheet. These opinions can provide insight into California Resources' potential for growth and whether the stock is currently undervalued or overvalued.
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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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