West Fraser Timber Stock Alpha and Beta Analysis
| WFG Stock | USD 94.46 1.05 1.10% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as West Fraser Timber. It also helps investors analyze the systematic and unsystematic risks associated with investing in West Fraser over a specified time horizon. Remember, high West Fraser's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to West Fraser's market risk premium analysis include:
Beta 0.74 | Alpha 0.0641 | Risk 1.51 | Sharpe Ratio 0.0731 | Expected Return 0.11 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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West Fraser Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. West Fraser market risk premium is the additional return an investor will receive from holding West Fraser long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in West Fraser. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate West Fraser's performance over market.| α | 0.06 | β | 0.74 |
West Fraser expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of West Fraser's Buy-and-hold return. Our buy-and-hold chart shows how West Fraser performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.West Fraser Market Price Analysis
Market price analysis indicators help investors to evaluate how West Fraser stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading West Fraser shares will generate the highest return on investment. By understating and applying West Fraser stock market price indicators, traders can identify West Fraser position entry and exit signals to maximize returns.
West Fraser Return and Market Media
The median price of West Fraser for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 93.42 with a coefficient of variation of 4.41. The daily time series for the period is distributed with a sample standard deviation of 4.12, arithmetic mean of 93.37, and mean deviation of 3.33. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | West Fraser Declares Dividend - StockTitan | 09/10/2024 |
2 | West Fraser Timber stock hits 52-week high at 96.08 - Investing.com | 09/24/2024 |
3 | World Financial Group and Grand Slam of Curling to Present the WFG Masters Event for Third Consecutive Year | 10/04/2024 |
| West Fraser dividend paid on 11th of October 2024 | 10/11/2024 |
4 | West Fraser Timber GAAP EPS of -1.03 misses by 0.14, revenue of 1.44B beats by 50M | 10/23/2024 |
5 | Q3 2024 West Fraser Timber Co Ltd Earnings Call Transcript | 10/25/2024 |
6 | Van ECK Associates Corp Has 18.32 Million Stock Holdings in West Fraser Timber Co. Ltd. | 11/05/2024 |
About West Fraser Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including West or other stocks. Alpha measures the amount that position in West Fraser Timber has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00721 | 0.0146 | 0.0141 | 0.0113 | Price To Sales Ratio | 0.99 | 0.7 | 1.1 | 0.73 |
West Fraser Upcoming Company Events
As portrayed in its financial statements, the presentation of West Fraser's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, West Fraser's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of West Fraser's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of West Fraser. Please utilize our Beneish M Score to check the likelihood of West Fraser's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with West Fraser
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out West Fraser Backtesting, West Fraser Valuation, West Fraser Correlation, West Fraser Hype Analysis, West Fraser Volatility, West Fraser History and analyze West Fraser Performance. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
West Fraser technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.