California Resources Corp Stock Analysis

California Stock Analysis Notes

About 99.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.73. Some equities with similar Price to Book (P/B) outperform the market in the long run. California Resources Corp has Price/Earnings To Growth (PEG) ratio of 0.28. The entity recorded earning per share (EPS) of 7.78. The firm last dividend was issued on the 5th of March 2024. California Resources had 1:10 split on the 1st of June 2016. 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. For more info on California Resources Corp please contact Todd Stevens at 888 848 4754 or go to https://www.crc.com.

California Resources Corp Investment Alerts

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California Largest EPS Surprises

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California Resources Thematic Classifications

California Stock Institutional Investors

Note, although California Resources' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

California Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate California Resources's market, we take the total number of its shares issued and multiply it by California Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

California Profitablity

The company has Net Profit Margin of 0.2 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated $0.11 of operating income.

Management Efficiency

California Resources Corp has Return on Asset of 0.0772 % which means that on every $100 spent on assets, it made $0.0772 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2763 %, implying that it generated $0.2763 on every 100 dollars invested. California Resources' management efficiency ratios could be used to measure how well California Resources manages its routine affairs as well as how well it operates its assets and liabilities. At present, California Resources' Return On Equity is projected to increase slightly based on the last few years of reporting. At present, California Resources' Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 71.9 M, whereas Total Current Assets are forecasted to decline to about 606 M.

Technical Drivers

As of the 18th of April 2024, California Resources shows the Mean Deviation of 1.77, risk adjusted performance of 0.032, and Downside Deviation of 2.49. California Resources Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for California Resources Corp, which can be compared to its peers. Please confirm California Resources Corp treynor ratio, and the relationship between the variance and potential upside to decide if California Resources Corp is priced correctly, providing market reflects its regular price of 53.81 per share. Given that California Resources has jensen alpha of 0.0384, we suggest you to validate California Resources Corp's prevailing market performance to make sure the company can sustain itself at a future point.

California Resources Corp Price Movement Analysis

California Resources Corp Insider Trading Activities

California Resources Outstanding Bonds

California Resources Predictive Daily Indicators

California Resources Corporate Filings

California Resources Forecast Models

California Resources' time-series forecasting models are one of many California Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary California Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how California Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling California shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as California Resources. By using and applying California Stock analysis, traders can create a robust methodology for identifying California entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. California analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. California analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

California Resources Corp stock analysis indicators help investors 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 understating and applying California Resources stock analysis, traders can identify California Resources position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.

Is California Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of California Resources. If investors know California will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about California Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of California Resources Corp is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Resources' value that differs from its market value or its book value, called intrinsic value, which is California Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Resources' market value can be influenced by many factors that don't directly affect California Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between California Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if California Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.