West Competitors
WFG Stock | USD 95.51 2.09 2.24% |
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West Fraser Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between West Fraser and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of West and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of West Fraser Timber does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between West Stock performing well and West Fraser Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze West Fraser's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
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SSD | 1.22 | (0.10) | (0.04) | 0.01 | 1.87 | 3.11 | 9.83 | |||
EVA | 3.86 | 0.10 | 0.01 | 0.24 | 4.18 | 8.16 | 42.76 | |||
IFSPF | 1.79 | 0.13 | 0.04 | 0.24 | 2.00 | 4.85 | 16.08 | |||
UFPI | 1.51 | (0.07) | 0.02 | 0.07 | 1.77 | 3.94 | 11.42 | |||
CFPZF | 1.51 | 0.22 | 0.06 | (23.55) | 1.46 | 5.05 | 13.24 | |||
STLJF | 1.13 | (0.30) | 0.00 | 0.36 | 0.00 | 2.28 | 18.20 | |||
CFXTF | 10.88 | 6.31 | 0.00 | (0.91) | 0.00 | 0.00 | 359.02 | |||
ICLTF | 4.07 | 0.92 | 0.17 | (3.76) | 3.92 | 9.66 | 33.48 | |||
SVCBF | 0.32 | (0.09) | 0.00 | 4.55 | 0.00 | 0.00 | 9.94 | |||
WFSTF | 1.96 | 0.02 | 0.00 | 0.08 | 0.00 | 5.41 | 17.71 |
Cross Equities Net Income Analysis
Compare West Fraser Timber and related stocks such as Simpson Manufacturing, Enviva Partners LP, and Interfor Net Income Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSD | 8 M | 50.9 M | 41.9 M | 51 M | 63.5 M | 67.9 M | 89.7 M | 92.6 M | 129.5 M | 134 M | 187 M | 266.4 M | 334 M | 354 M | 371.7 M |
UFPI | 10.4 M | 4.5 M | 23.9 M | 43.1 M | 57.6 M | 80.6 M | 101.2 M | 119.5 M | 148.6 M | 179.7 M | 246.8 M | 535.6 M | 692.7 M | 514.3 M | 540 M |
West Fraser Timber and related stocks such as Simpson Manufacturing, Enviva Partners LP, and Interfor Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in West Fraser Timber financial statement analysis. It represents the amount of money remaining after all of West Fraser Timber operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.West Fraser Competitive Analysis
The better you understand West Fraser competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, West Fraser's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across West Fraser's competition over several years is one of the best ways to analyze its investment potential.Better Than Average | Worse Than Peers | View Performance Chart |
West Fraser Competition Performance Charts
Five steps to successful analysis of West Fraser Competition
West Fraser's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by West Fraser Timber in relation to its competition. West Fraser's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of West Fraser in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact West Fraser's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to West Fraser Timber, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your West Fraser position
In addition to having West Fraser in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 42 constituents at this time.
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Is Paper & Forest Products space 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 West Fraser. If investors know West 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 West Fraser 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 (0.27) | Dividend Share 1.24 | Earnings Share (1.15) | Revenue Per Share 77.23 | Quarterly Revenue Growth (0.16) |
The market value of West Fraser Timber is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Fraser's value that differs from its market value or its book value, called intrinsic value, which is West Fraser's 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 West Fraser's market value can be influenced by many factors that don't directly affect West Fraser's 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 West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser's 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.