Comstock Resources Stock Probability of Future Stock Price Finishing Over 11.39
| CRK Stock | USD 10.39 0.07 0.68% |
Closest to current price Comstock long CALL Option Payoff at Expiration
Comstock |
Comstock Resources Target Price Odds to finish over 11.39
The tendency of Comstock Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 11.39 or more in 90 days |
| 10.39 | 90 days | 11.39 | near 1 |
Based on a normal probability distribution, the odds of Comstock Resources to move over $ 11.39 or more in 90 days from now is near 1 (This Comstock Resources probability density function shows the probability of Comstock Stock to fall within a particular range of prices over 90 days) . Probability of Comstock Resources price to stay between its current price of $ 10.39 and $ 11.39 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon Comstock Resources has a beta of 0.98 suggesting Comstock Resources market returns are very sensitive to returns on the market. As the market goes up or down, Comstock Resources is expected to follow. Additionally Comstock Resources has an alpha of 0.2884, implying that it can generate a 0.29 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Comstock Resources Price Density |
| Price |
Predictive Modules for Comstock Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Comstock Resources. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Comstock Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Comstock Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Comstock Resources is not an exception. The market had few large corrections towards the Comstock Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Comstock Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Comstock Resources within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.29 | |
β | Beta against NYSE Composite | 0.98 | |
σ | Overall volatility | 0.80 | |
Ir | Information ratio | 0.11 |
Comstock Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Comstock Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Comstock Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has 2.71 B in debt with debt to equity (D/E) ratio of 1.81, which is OK given its current industry classification. Comstock Resources has a current ratio of 0.54, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Comstock Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Comstock 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 Comstock Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Comstock to invest in growth at high rates of return. When we think about Comstock Resources' use of debt, we should always consider it together with cash and equity. | |
| About 69.0% of Comstock Resources shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Comstock Metals Completes Commissioning of First Facility |
Comstock Resources Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Comstock Stock often depends not only on the future outlook of the current and potential Comstock Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Comstock Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 276.8 M | |
| Cash And Short Term Investments | 16.7 M |
Comstock Resources Technical Analysis
Comstock Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Comstock Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Comstock Resources. In general, you should focus on analyzing Comstock Stock price patterns and their correlations with different microeconomic environments and drivers.
Comstock Resources Predictive Forecast Models
Comstock Resources' time-series forecasting models is one of many Comstock Resources' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Comstock 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 stock market movement and maximize returns from investment trading.
Things to note about Comstock Resources
Checking the ongoing alerts about Comstock Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Comstock Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has 2.71 B in debt with debt to equity (D/E) ratio of 1.81, which is OK given its current industry classification. Comstock Resources has a current ratio of 0.54, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Comstock Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Comstock 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 Comstock Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Comstock to invest in growth at high rates of return. When we think about Comstock Resources' use of debt, we should always consider it together with cash and equity. | |
| About 69.0% of Comstock Resources shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Comstock Metals Completes Commissioning of First Facility |
Check out Comstock Resources Backtesting, Comstock Resources Valuation, Comstock Resources Correlation, Comstock Resources Hype Analysis, Comstock Resources Volatility, Comstock Resources History as well as Comstock Resources Performance. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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When running Comstock Resources' price analysis, check to measure Comstock 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 Comstock Resources is operating at the current time. Most of Comstock Resources' value examination focuses on studying past and present price action to predict the probability of Comstock Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Resources' price. Additionally, you may evaluate how the addition of Comstock Resources to your portfolios can decrease your overall portfolio volatility.
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Is Comstock 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 Comstock Resources. If investors know Comstock 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 Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Dividend Share 0.5 | Earnings Share 0.76 | Revenue Per Share 5.654 | Quarterly Revenue Growth (0.56) |
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock 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.