California Resources Alpha and Beta Analysis
| CRCQWDelisted Stock | USD 17.12 0.12 0.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as California Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in California Resources over a specified time horizon. Remember, high California Resources' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to California Resources' market risk premium analysis include:
Beta 0.0 | Alpha 0.0 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
California |
California Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. California Resources market risk premium is the additional return an investor will receive from holding California Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in California Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate California Resources' performance over market.| α | 0.00 | β | 0.00 |
California Resources Fundamentals Vs Peers
Comparing California Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze California Resources' direct or indirect competition across all of the common fundamentals between California Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as California Resources or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of California Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing California Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare California Resources to competition |
| Fundamentals | California Resources | Peer Average |
| Return On Equity | 0.79 | -0.31 |
| Return On Asset | 0.0484 | -0.14 |
| Profit Margin | 0.37 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Price To Earning | 0.32 X | 28.72 X |
| Revenue | 2.56 B | 9.43 B |
| EBITDA | 270 M | 3.9 B |
California Resources Opportunities
California Resources Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About California Resources Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including California or other pink sheets. Alpha measures the amount that position in California Resources has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards California Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, California Resources' short interest history, or implied volatility extrapolated from California Resources options trading.
Build Portfolio with California Resources
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 CEOs Directory module to screen CEOs from public companies around the world.
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.
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