Insider Selling Mark Allen McFarland Unloads 2.63M Of California Resources Stock - California Resources - Benzinga
| CRCQWDelisted Stock | USD 17.12 0.12 0.71% |
Slightly above 51% of California Resources' investor base is interested to short. The analysis of overall sentiment of trading California Resources pink sheet suggests that many investors are impartial at this time. California Resources' investing sentiment can be driven by a variety of factors including economic data, California Resources' earnings reports, geopolitical events, and overall market trends.
California Resources pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of California daily returns and investor perception about the current price of California Resources as well as its diversification or hedging effects on your existing portfolios.
California |
Insider Selling Mark Allen McFarland Unloads 2.63M Of California Resources Stock - California Resources Benzinga
Read at news.google.com
 |
California Resources Fundamental Analysis
We analyze California Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of California Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of California Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
California Resources is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
California Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with California Resources pink sheet to make a market-neutral strategy. Peer analysis of California Resources could also be used in its relative valuation, which is a method of valuing California Resources by comparing valuation metrics with similar companies.
Peers
California Resources Related Equities
| FECCF | Frontera Energy | 2.86 | ||||
| CRLFF | Cardinal Energy | 0.21 | ||||
| DALXF | Spartan Delta | 0.36 | ||||
| BNEFF | Bonterra Energy | 0.38 | ||||
| DELKY | Delek | 1.20 |
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |