According to data from TipRanks, the analyst currently holds a success rate of 33.0% and an overall average return of -8.8% over the last year. TipRanks operates as an independent third party gathering and analyzing performance data from financial analysts.
The service measures each analyst’s Average Return and Success Rate to evaluate the accuracy of their recommendations. The information provided is solely for informational use and does not constitute investment advice.
TipRanks assigns each analyst a rating from one to five stars, summarizing all their published recommendations. The level of stars depends on both total success rate and average return, where higher values result in a better rating.
“TipRanks provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations.”
These rankings and performance metrics help investors compare analysts based on empirical data rather than subjective judgment.
Author’s summary: Noble Financial raised Comstock Inc’s rating to Buy with a $6.75 target, while TipRanks data highlights the analyst’s modest success and negative average return last year.