California Resources Corp Stock Price on December 12, 2024
| CRC Stock | USD 52.20 0.26 0.50% |
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 52.20, as last reported on the 7th of January, with the highest price reaching 53.52 and the lowest price hitting 51.95 during the day. At this point, California Resources is very steady. California Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0254, which signifies that the company had a 0.0254% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for California Resources Corp, which you can use to evaluate the volatility of the firm. Please confirm California Resources' Risk Adjusted Performance of 0.0269, mean deviation of 1.66, and Downside Deviation of 2.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.0563%.
California Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
California |
Sharpe Ratio = 0.0254
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Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average California Resources is performing at about 2% 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.
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California Resources Valuation on December 12, 2024
It is possible to determine the worth of California Resources on a given historical date. On December 12, 2024 California was worth 56.62 at the beginning of the trading date compared to the closed value of 55.24. 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 | |
| 55.23 | 57.00 | 55.20 | 56.82 | 699,372 | |
12/12/2024 | 56.62 | 56.82 | 54.53 | 55.24 | 713,951 |
| 55.38 | 55.56 | 54.48 | 54.92 | 497,742 |
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California Resources Trading Date Momentum on December 12, 2024
| On December 13 2024 California Resources Corp was traded for 54.92 at the closing time. Highest California Resources's price during the trading hours was 55.56 and the lowest price during the day was 54.48 . The net volume was 497.7 K. The overall trading history on the 13th of December 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.58% . The overall trading delta to current price is 7.68% . |
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
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 New York Stock Exchange. It employs 970 people.
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 | January 7, 2025
| 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 January 7, 2025 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 | 0.0269 | |||
| Jensen Alpha | 0.0425 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0139 | |||
| Treynor Ratio | 0.224 |
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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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