Commerce Resources Corp Stock Performance
| CCE Stock | CAD 0.07 0.01 6.25% |
Commerce Resources has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Commerce Resources are expected to decrease at a much lower rate. During the bear market, Commerce Resources is likely to outperform the market. Commerce Resources Corp right now shows a risk of 6.8%. Please confirm Commerce Resources Corp jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Commerce Resources Corp will be following its price patterns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Commerce Resources Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Commerce Resources may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Begin Period Cash Flow | 4 M |
Commerce |
Commerce Resources Relative Risk vs. Return Landscape
If you would invest 8.00 in Commerce Resources Corp on December 21, 2024 and sell it today you would lose (0.50) from holding Commerce Resources Corp or give up 6.25% of portfolio value over 90 days. Commerce Resources Corp is currently producing 0.1122% returns and takes up 6.8004% volatility of returns over 90 trading days. Put another way, 60% of traded stocks are less volatile than Commerce, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Commerce Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commerce Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Commerce Resources Corp, and traders can use it to determine the average amount a Commerce Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0165
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Estimated Market Risk
| 6.8 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Commerce Resources is performing at about 1% 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 Commerce Resources by adding it to a well-diversified portfolio.
Commerce Resources Fundamentals Growth
Commerce Stock prices reflect investors' perceptions of the future prospects and financial health of Commerce Resources, and Commerce Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Commerce Stock performance.
| Return On Equity | -0.44 | ||||
| Return On Asset | -0.0165 | ||||
| Current Valuation | 13.18 M | ||||
| Shares Outstanding | 212.02 M | ||||
| Price To Earning | (20.00) X | ||||
| Price To Book | 0.30 X | ||||
| EBITDA | (1.71 M) | ||||
| Cash And Equivalents | 70.95 K | ||||
| Total Debt | 1.64 M | ||||
| Book Value Per Share | 0.25 X | ||||
| Cash Flow From Operations | (2.32 M) | ||||
| Earnings Per Share | (0.16) X | ||||
| Total Asset | 54.74 M | ||||
| Retained Earnings | (66.58 M) | ||||
About Commerce Resources Performance
Evaluating Commerce Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Commerce Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Commerce Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada. Commerce Resources Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada. Commerce Resources operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Commerce Resources Corp performance evaluation
Checking the ongoing alerts about Commerce Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Commerce Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Commerce Resources had very high historical volatility over the last 90 days | |
| Commerce Resources has some characteristics of a very speculative penny stock | |
| Commerce Resources Corp has accumulated 1.64 M in total debt. Commerce Resources Corp has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Commerce Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Commerce Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Commerce Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Commerce to invest in growth at high rates of return. When we think about Commerce Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (28.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Commerce Resources Corp has accumulated about 70.95 K in cash with (2.32 M) of positive cash flow from operations. |
- Analyzing Commerce Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Commerce Resources' stock is overvalued or undervalued compared to its peers.
- Examining Commerce Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Commerce Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Commerce Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Commerce Resources' stock. These opinions can provide insight into Commerce Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Commerce Stock Analysis
When running Commerce Resources' price analysis, check to measure Commerce 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.