West Fraser Stock Forecast - Sortino Ratio
| WFG Stock | USD 92.53 0.97 1.04% |
West Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of West Fraser's historical fundamentals, such as revenue growth or operating cash flow patterns.
West |
| Check West Fraser Volatility | Backtest West Fraser | Trend Details |
West Fraser Trading Date Momentum
| On November 29 2024 West Fraser Timber was traded for 98.98 at the closing time. Highest West Fraser's price during the trading hours was 99.20 and the lowest price during the day was 98.11 . The net volume was 54.6 K. The overall trading history on the 29th of November contributed to the next trading period price rise. The trading price change to the next next day price was 0.83% . The trading price change to current price is 0.49% . |
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Other Forecasting Options for West Fraser
For every potential investor in West, whether a beginner or expert, West Fraser's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. West Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in West. Basic forecasting techniques help filter out the noise by identifying West Fraser's price trends.West Fraser 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 West Fraser stock to make a market-neutral strategy. Peer analysis of West Fraser could also be used in its relative valuation, which is a method of valuing West Fraser by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
West Fraser Timber 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 West Fraser'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 West Fraser's current price.| Cycle Indicators | ||
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| Volume Indicators |
West Fraser Market Strength Events
Market strength 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 undertsting and applying West Fraser stock market strength indicators, traders can identify West Fraser Timber entry and exit signals to maximize returns.
| Accumulation Distribution | 3878.24 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 92.75 | |||
| Day Typical Price | 92.68 | |||
| Price Action Indicator | (0.70) | |||
| Period Momentum Indicator | (0.97) |
West Fraser Risk Indicators
The analysis of West Fraser'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 West Fraser's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting west 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 | 1.25 | |||
| Semi Deviation | 1.56 | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.9 | |||
| Downside Variance | 2.7 | |||
| Semi Variance | 2.44 | |||
| Expected Short fall | (1.39) |
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
When determining whether West Fraser Timber is a strong investment it is important to analyze West Fraser's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact West Fraser's future performance. For an informed investment choice regarding West Stock, refer to the following important reports:Check out Historical Fundamental Analysis of West Fraser to cross-verify your projections. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.