Westgold Resources Financials
| 0W2 Stock | EUR 1.52 0.03 2.01% |
Westgold |
Understanding current and past Westgold Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westgold Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Westgold Resources' assets may result in an increase in income on the income statement.
Westgold Resources Stock Summary
Westgold Resources competes with PLAYTECH, Federal Agricultural, North American, Gaming, and LG Display. Westgold Resources Limited engages in the exploration, development, mining, and treatment of gold assets primarily in Western Australia. The company was founded in 1987 and is headquartered in Perth, Australia. WESTGOLD RES operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 829 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | AU000000WGX6 |
| Business Address | 200 St Georges |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.westgold.com.au |
| Phone | 61 8 9462 3400 |
| Currency | EUR - Euro |
You should never invest in Westgold Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Westgold Stock, because this is throwing your money away. Analyzing the key information contained in Westgold Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Westgold Resources Key Financial Ratios
There are many critical financial ratios that Westgold Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Westgold Resources reports annually and quarterly.| Return On Equity | -0.24 | |||
| Return On Asset | -0.15 | |||
| Beta | 0.78 | |||
| Z Score | 7.8 |
Westgold Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westgold Resources's current stock value. Our valuation model uses many indicators to compare Westgold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westgold Resources competition to find correlations between indicators driving Westgold Resources's intrinsic value. More Info.Westgold Resources is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westgold Resources' earnings, one of the primary drivers of an investment's value.Westgold Resources Systematic Risk
Westgold Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westgold Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Westgold Resources correlated with the market. If Beta is less than 0 Westgold Resources generally moves in the opposite direction as compared to the market. If Westgold Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westgold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westgold Resources is generally in the same direction as the market. If Beta > 1 Westgold Resources moves generally in the same direction as, but more than the movement of the benchmark.
Westgold Resources February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Westgold Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westgold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westgold Resources based on widely used predictive technical indicators. In general, we focus on analyzing Westgold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westgold Resources's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 18.29 | |||
| Value At Risk | (6.78) | |||
| Potential Upside | 4.81 |
Complementary Tools for Westgold Stock analysis
When running Westgold Resources' price analysis, check to measure Westgold 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 Westgold Resources is operating at the current time. Most of Westgold Resources' value examination focuses on studying past and present price action to predict the probability of Westgold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westgold Resources' price. Additionally, you may evaluate how the addition of Westgold Resources to your portfolios can decrease your overall portfolio volatility.
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