Western Ev To Free Cash Flow from 2010 to 2024
| WRN Stock | USD 1.13 0.01 0.88% |
EV To Free Cash Flow | First Reported 2010-12-31 | Previous Quarter (11.31) | Current Value (11.88) | Quarterly Volatility 64.72120103 |
Check Western Copper financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Copper's main balance sheet or income statement drivers, such as Interest Expense of 81.7 K, Other Operating Expenses of 3.5 M or Cost Of Revenue of 196.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.9. Western financial statements analysis is a perfect complement when working with Western Copper Valuation or Volatility modules.
Western | Ev To Free Cash Flow |
Latest Western Copper's Ev To Free Cash Flow Growth Pattern
Below is the plot of the Ev To Free Cash Flow of Western Copper and over the last few years. It is a valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued. Western Copper's EV To Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Copper's overall financial position and show how it may be relating to other accounts over time.
| Ev To Free Cash Flow | 10 Years Trend |
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Ev To Free Cash Flow |
| Timeline |
Western Ev To Free Cash Flow Regression Statistics
| Arithmetic Mean | (32.98) | |
| Coefficient Of Variation | (196.27) | |
| Mean Deviation | 32.53 | |
| Median | (15.01) | |
| Standard Deviation | 64.72 | |
| Sample Variance | 4,189 | |
| Range | 258 | |
| R-Value | 0.41 | |
| Mean Square Error | 3,736 | |
| R-Squared | 0.17 | |
| Significance | 0.12 | |
| Slope | 6.00 | |
| Total Sum of Squares | 58,644 |
Western Ev To Free Cash Flow History
About Western Copper Financial Statements
Western Copper investors utilize fundamental indicators, such as Ev To Free Cash Flow, to predict how Western Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| EV To Free Cash Flow | (11.31) | (11.88) |
Pair Trading with Western Copper
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 Western Copper 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 Western Copper will appreciate offsetting losses from the drop in the long position's value.Moving against Western Stock
The ability to find closely correlated positions to Western Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Copper 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 Western Copper - 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 Western Copper and to buy it.
The correlation of Western Copper 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 Western Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Copper 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 Western Copper 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 the analysis of Western Copper Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Diversified Metals & Mining 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 Western Copper. If investors know Western 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 Western Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Return On Assets (0.03) | Return On Equity (0.04) |
The market value of Western Copper is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Copper's value that differs from its market value or its book value, called intrinsic value, which is Western Copper'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 Western Copper's market value can be influenced by many factors that don't directly affect Western Copper'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 Western Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Copper'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.