Commerce Resources Corp Stock Market Value
| CMRZF Stock | USD 0.05 0.01 16.67% |
| Symbol | Commerce |
Commerce Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Commerce Resources' otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Commerce Resources.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Commerce Resources on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Commerce Resources Corp or generate 0.0% return on investment in Commerce Resources over 30 days. Commerce Resources is related to or competes with StrikePoint Gold, Silver Elephant, Eskay Mining, Aurelia Metals, Centaurus Metals, and Adriatic Metals. Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada More
Commerce Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Commerce Resources' otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Commerce Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 36.67 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Commerce Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commerce Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commerce Resources' standard deviation. In reality, there are many statistical measures that can use Commerce Resources historical prices to predict the future Commerce Resources' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | 0.1347 | |||
| Treynor Ratio | 0.1478 |
Commerce Resources Corp Backtested Returns
Commerce Resources appears to be out of control, given 3 months investment horizon. Commerce Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0392, which signifies that the company had a 0.0392 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Commerce Resources Corp, which you can use to evaluate the volatility of the firm. Please makes use of Commerce Resources' Mean Deviation of 4.37, standard deviation of 8.8, and insignificant Risk Adjusted Performance to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Commerce Resources holds a performance score of 3. The firm shows a Beta (market volatility) of -0.95, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Commerce Resources are expected to decrease slowly. On the other hand, during market turmoil, Commerce Resources is expected to outperform it slightly. Please check Commerce Resources' maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether Commerce Resources' price patterns will revert.
Auto-correlation | -1 |
Near perfect reversele predictability
Commerce Resources Corp has near perfect reversele predictability. Overlapping area represents the amount of predictability between Commerce Resources time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Commerce Resources Corp price movement. The serial correlation of -1.0 indicates that 100.0% of current Commerce Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -1.0 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Commerce Resources Corp lagged returns against current returns
Autocorrelation, which is Commerce Resources otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Commerce Resources' otc stock expected returns. We can calculate the autocorrelation of Commerce Resources returns to help us make a trade decision. For example, suppose you find that Commerce Resources has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Commerce Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Commerce Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commerce Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commerce Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Commerce Resources Lagged Returns
When evaluating Commerce Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commerce Resources otc stock have on its future price. Commerce Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Commerce Resources autocorrelation shows the relationship between Commerce Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Commerce Resources Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Commerce OTC Stock
Commerce Resources financial ratios help investors to determine whether Commerce OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Commerce with respect to the benefits of owning Commerce Resources security.