California Resources Corp Stock Price on December 1, 2024
| CRC Stock | USD 57.35 1.81 3.06% |
If you're considering investing in California Stock, it is important to understand the factors that can impact its price. As of today, the current price of California Resources stands at 57.35, as last reported on the 2nd of December, with the highest price reaching 59.38 and the lowest price hitting 57.08 during the day. California Resources appears to be very steady, given 3 months investment horizon. California Resources Corp secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for California Resources Corp, which you can use to evaluate the volatility of the firm. Please makes use of California Resources' Risk Adjusted Performance of 0.0863, downside deviation of 2.23, and Mean Deviation of 1.63 to double-check if our risk estimates are consistent with your expectations.
At present, California Resources' Common Stock Total Equity is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 50.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 65.1 M. . At present, California Resources' Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.42, whereas Price Earnings Ratio is forecasted to decline to 5.68. California Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
California |
Sharpe Ratio = 0.1154
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average California Resources is performing at about 9% 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.
Price Book 1.5496 | Enterprise Value Ebitda 5.7456 | Price Sales 2.0931 | Shares Float 90.9 M | Dividend Share 1.318 |
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California Resources Valuation on December 1, 2024
It is possible to determine the worth of California Resources on a given historical date. On December 1, 2024 California was worth 59.02 at the beginning of the trading date compared to the closed value of 59.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of California Resources stock. Still, in general, we apply an absolute valuation method to find California Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of California Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against California Resources' related companies.
| Open | High | Low | Close | Volume | |
| 58.36 | 59.50 | 58.31 | 58.47 | 400,171 | |
11/29/2024 | 59.02 | 59.24 | 58.54 | 59.16 | 321,419 |
| 59.24 | 59.38 | 57.08 | 57.35 | 637,877 |
| Backtest California Resources | | | California Resources History | | | California Resources Valuation | Previous | Next |
California Resources Trading Date Momentum on December 1, 2024
| On December 02 2024 California Resources Corp was traded for 57.35 at the closing time. Highest California Resources's price during the trading hours was 59.38 and the lowest price during the day was 57.08 . The net volume was 637.9 K. The overall trading history on the 2nd of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.06% . The overall trading delta to current price is 0.14% . |
California Resources Corp Fundamentals Correlations and Trends
By evaluating California Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among California Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. California financial account trend analysis is a perfect complement when working with valuation or volatility modules.About California Resources Stock history
California Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for California is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in California Resources Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing California Resources stock prices may prove useful in developing a viable investing in California Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 72.5 M | 65.1 M | |
| Net Income Applicable To Common Shares | 602.6 M | 632.7 M |
California Resources Stock Technical Analysis
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.
Price Boundaries
California Resources Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
California Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
California Resources December 2, 2024 Market Strength
Market strength 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 undertsting and applying California Resources stock market strength indicators, traders can identify California Resources Corp entry and exit signals to maximize returns
California Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for California Resources' price direction in advance. Along with the technical and fundamental analysis of California Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of California to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0863 | |||
| Jensen Alpha | 0.0487 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0394 | |||
| Treynor Ratio | 0.1649 |
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for California Stock analysis
When running California Resources' price analysis, check to measure California 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 California Resources is operating at the current time. Most of California Resources' value examination focuses on studying past and present price action to predict the probability of California Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Resources' price. Additionally, you may evaluate how the addition of California Resources to your portfolios can decrease your overall portfolio volatility.
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