Western Mining Stock Forecast - Rate Of Daily Change
| 601168 Stock | 17.54 0.05 0.29% |
Western Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Western Mining stock prices and determine the direction of Western Mining Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Western Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
Western |
| Check Western Mining Volatility | Backtest Western Mining | Information Ratio |
Western Mining Trading Date Momentum
| On November 22 2024 Western Mining Co was traded for 17.54 at the closing time. The highest price during the trading period was 17.62 and the lowest recorded bid was listed for 17.28 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.51% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Western Mining
For every potential investor in Western, whether a beginner or expert, Western Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Western Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Western. Basic forecasting techniques help filter out the noise by identifying Western Mining's price trends.Western Mining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Western Mining stock to make a market-neutral strategy. Peer analysis of Western Mining could also be used in its relative valuation, which is a method of valuing Western Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Western Mining Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Western Mining's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Western Mining's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Western Mining Market Strength Events
Market strength indicators help investors to evaluate how Western Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Mining shares will generate the highest return on investment. By undertsting and applying Western Mining stock market strength indicators, traders can identify Western Mining Co entry and exit signals to maximize returns.
Western Mining Risk Indicators
The analysis of Western Mining's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Western Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting western stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.86 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.84 | |||
| Downside Variance | 4.6 | |||
| Semi Variance | 4.02 | |||
| Expected Short fall | (2.17) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
Other Information on Investing in Western Stock
Western Mining financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Mining security.