Commerce Bancshares Stock Short Ratio
| CBSH Stock | USD 53.10 0.03 0.06% |
Commerce Bancshares fundamentals help investors to digest information that contributes to Commerce Bancshares' financial success or failures. It also enables traders to predict the movement of Commerce Stock. The fundamental analysis module provides a way to measure Commerce Bancshares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Commerce Bancshares stock.
Commerce | Short Ratio |
Commerce Bancshares Company Short Ratio Analysis
Commerce Bancshares' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Commerce Bancshares Short Ratio | 4.44 X |
Most of Commerce Bancshares' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Commerce Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Commerce Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Commerce Bancshares is extremely important. It helps to project a fair market value of Commerce Stock properly, considering its historical fundamentals such as Short Ratio. Since Commerce Bancshares' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Commerce Bancshares' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Commerce Bancshares' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Commerce Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Commerce Bancshares has a Short Ratio of 4.44 times. This is 30.95% lower than that of the Banks sector and significantly higher than that of the Financials industry. The short ratio for all United States stocks is 11.0% lower than that of the firm.
Commerce Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commerce Bancshares' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Commerce Bancshares could also be used in its relative valuation, which is a method of valuing Commerce Bancshares by comparing valuation metrics of similar companies.Commerce Bancshares is currently under evaluation in short ratio category among related companies.
Commerce Bancshares Current Valuation Drivers
We derive many important indicators used in calculating different scores of Commerce Bancshares from analyzing Commerce Bancshares' financial statements. These drivers represent accounts that assess Commerce Bancshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Commerce Bancshares' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.7B | 7.6B | 8.4B | 8.5B | 7.7B | 8.1B | |
| Enterprise Value | 6.8B | 5.5B | 4.1B | 7.7B | 6.9B | 7.3B |
Commerce Bancshares ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Commerce Bancshares' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Commerce Bancshares' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Commerce Bancshares Institutional Holders
Institutional Holdings refers to the ownership stake in Commerce Bancshares that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Commerce Bancshares' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Commerce Bancshares' value.| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | Norges Bank | 2023-12-31 | 1.3 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.2 M | Btim Corp | 2023-12-31 | 1.1 M | Bank Of America Corp | 2023-12-31 | 1 M | Goldman Sachs Group Inc | 2023-12-31 | 1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 977.9 K | Cooke & Bieler Lp | 2023-12-31 | 972.3 K | Vanguard Group Inc | 2023-12-31 | 12.4 M | Blackrock Inc | 2023-12-31 | 11 M |
Commerce Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0153 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 6.37 B | ||||
| Shares Outstanding | 129.69 M | ||||
| Shares Owned By Insiders | 2.50 % | ||||
| Shares Owned By Institutions | 71.36 % | ||||
| Number Of Shares Shorted | 2.05 M | ||||
| Price To Earning | 20.35 X | ||||
| Price To Book | 2.27 X | ||||
| Price To Sales | 4.31 X | ||||
| Revenue | 1.97 B | ||||
| Gross Profit | 1.48 B | ||||
| EBITDA | (8.12 M) | ||||
| Net Income | 485.18 M | ||||
| Cash And Equivalents | 2.32 B | ||||
| Cash Per Share | 19.40 X | ||||
| Total Debt | 2.91 B | ||||
| Debt To Equity | 0.04 % | ||||
| Book Value Per Share | 22.57 X | ||||
| Cash Flow From Operations | 488.77 M | ||||
| Short Ratio | 4.44 X | ||||
| Earnings Per Share | 3.64 X | ||||
| Price To Earnings To Growth | 3.58 X | ||||
| Target Price | 54.36 | ||||
| Number Of Employees | 4.59 K | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 6.75 B | ||||
| Total Asset | 31.7 B | ||||
| Retained Earnings | 53.18 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.53 % | ||||
| Net Asset | 31.7 B | ||||
| Last Dividend Paid | 1.03 |
About Commerce Bancshares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commerce Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commerce Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commerce Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Commerce Bancshares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Commerce Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Commerce Bancshares will appreciate offsetting losses from the drop in the long position's value.Moving together with Commerce Stock
| 0.66 | BY | Byline Bancorp Earnings Call Next Week | PairCorr |
| 0.72 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Commerce Stock
| 0.47 | VBFC | Village Bank | PairCorr |
| 0.44 | KB | KB Financial Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Commerce Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Commerce Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Commerce Bancshares to buy it.
The correlation of Commerce Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Commerce Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Commerce Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Commerce Bancshares Piotroski F Score and Commerce Bancshares Altman Z Score analysis. For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Commerce Stock analysis
When running Commerce Bancshares' price analysis, check to measure Commerce Bancshares' 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 Bancshares is operating at the current time. Most of Commerce Bancshares' value examination focuses on studying past and present price action to predict the probability of Commerce Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Bancshares' price. Additionally, you may evaluate how the addition of Commerce Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Commerce Bancshares' 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 Commerce Bancshares. If investors know Commerce 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 Commerce Bancshares 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 (0.16) | Dividend Share 1.028 | Earnings Share 3.64 | Revenue Per Share 11.936 | Quarterly Revenue Growth 0.03 |
The market value of Commerce Bancshares is measured differently than its book value, which is the value of Commerce that is recorded on the company's balance sheet. Investors also form their own opinion of Commerce Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Commerce Bancshares' 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 Commerce Bancshares' market value can be influenced by many factors that don't directly affect Commerce Bancshares' 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 Commerce Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Bancshares' 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.