California Resources Corp Stock Alpha and Beta Analysis
| CRC Stock | USD 51.02 0.02 0.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as California Resources Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in California Resources over a specified time horizon. Remember, high California Resources' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to California Resources' market risk premium analysis include:
Beta 0.26 | Alpha (0.05) | Risk 2 | Sharpe Ratio 0.0005 | Expected Return 0.001 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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California Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. California Resources market risk premium is the additional return an investor will receive from holding California Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in California Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate California Resources' performance over market.| α | -0.05 | β | 0.26 |
California Resources expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of California Resources' Buy-and-hold return. Our buy-and-hold chart shows how California Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.California Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how California Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading California Resources shares will generate the highest return on investment. By understating and applying California Resources stock market price indicators, traders can identify California Resources position entry and exit signals to maximize returns.
California Resources Return and Market Media
The median price of California Resources for the period between Fri, Nov 1, 2024 and Thu, Jan 30, 2025 is 53.81 with a coefficient of variation of 4.87. The daily time series for the period is distributed with a sample standard deviation of 2.64, arithmetic mean of 54.2, and mean deviation of 2.27. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | California Resources Corporation Q3 Earnings and Revenues Surpass Estimates | 11/05/2024 |
2 | California Resources Co. Shares Sold by Fmr LLC - MarketBeat | 12/05/2024 |
3 | Disposition of 11868 shares by Michael Preston of California Resources at 55.8147 subject to Rule 16b-3 | 12/12/2024 |
4 | California Resources Insider Lowered Holding By 57 percent During Last Year | 12/19/2024 |
5 | Disposition of 12595 shares by Omar Hayat of California Resources subject to Rule 16b-3 | 12/20/2024 |
6 | California Resources Corp Secures First Class VI Permits for CO2 Sequestration | 12/31/2024 |
7 | EPA permits California carbon capture and storage facility | 01/03/2025 |
8 | California Resources Corp Announces Approval of First Carbon Capture and Storage Project ... | 01/06/2025 |
9 | Acquisition by Alejandra Veltmann of 3705 shares of California Resources subject to Rule 16b-3 | 01/10/2025 |
10 | Etsy upgraded, Pinterest downgraded Wall Streets top analyst calls | 01/13/2025 |
11 | California Resources Corporation Schedules Fourth Quarter and Full Year 2024 Earnings ... | 01/15/2025 |
12 | California Resources Shares Gap Down - Should You Sell - MarketBeat | 01/17/2025 |
About California Resources Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including California or other stocks. Alpha measures the amount that position in California Resources Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.018 | 0.0213 | 0.0245 | 0.0233 | Price To Sales Ratio | 1.01 | 1.35 | 1.56 | 1.44 |
California Resources Upcoming Company Events
As portrayed in its financial statements, the presentation of California Resources' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, California Resources' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of California Resources' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of California Resources. Please utilize our Beneish M Score to check the likelihood of California Resources' management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with California Resources
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Check out California Resources Backtesting, California Resources Valuation, California Resources Correlation, California Resources Hype Analysis, California Resources Volatility, California Resources History and analyze California Resources Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
California Resources technical 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, stock market cycles, or different charting patterns.