The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Commerce Bancshares has an asset utilization ratio of 4.8 percent. This implies that the company is making $0.048 for each dollar of assets. An increasing asset utilization means that Commerce Bancshares is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Commerce Bancshares
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Commerce Bancshares, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Commerce Bancshares based on Commerce Bancshares hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Commerce Bancshares's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Commerce Bancshares's related companies.
Use Technical Analysis to project Commerce expected Price
Commerce Bancshares technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Commerce Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Commerce Bancshares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Commerce Bancshares Gross Profit
Commerce Bancshares Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Commerce Bancshares previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Commerce Bancshares Gross Profit growth over the last 10 years. Please check Commerce Bancshares'
gross profit and other
fundamental indicators for more details.
Another Deeper Perspective
This firm reported the previous year's revenue of 1.18
B. Net Income was 313.81
M with profit before overhead, payroll, taxes, and interest of 1.3
B.
Revenues Breakdown
Commerce Bancshares Revenues is increasing over the last several years with slightly volatile swings. Revenues is predicted to flatten to about 1.4
B. Revenues usually refers to amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses. Commerce Bancshares Revenues is most likely to increase significantly in the upcoming years. The last year's value of Revenues was reported at 1.49 Billion
| 2014 | 1.03 Billion |
| 2015 | 1.05 Billion |
| 2016 | 1.09 Billion |
| 2017 | 1.15 Billion |
| 2018 | 1.28 Billion |
| 2019 | 1.3 Billion |
| 2020 | 1.49 Billion |
| 2021 | 1.41 Billion |
Commerce Bancshares implied volatility may change after the drop
Current semi variance is at 2.28. Commerce Bancshares has relatively low volatility with skewness of 0.24 and kurtosis of 3.87. However, we advise all investors to independently investigate Commerce Bancshares to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.
The Bottom Line
While some companies in the banks—regional industry are either recovering or due for a correction, Commerce may not be as strong as the others in terms of longer-term growth potentials. To conclude, as of the 20th of January 2021, our overall 30 days buy-or-sell advice on the company is
Strong Buy. We believe Commerce Bancshares is currently
fairly valued with
below average odds of distress for the next two years.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Commerce Bancshares. Please refer to our
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