Western Copper (Germany) Price on October 3, 2023
| 31WN Stock | EUR 1.03 0.03 2.83% |
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. As of today, the current price of Western Copper stands at 1.03, as last reported on the 27th of November, with the highest price reaching 1.03 and the lowest price hitting 1.03 during the day. At this point, Western Copper is dangerous. Western Copper shows Sharpe Ratio of 0.035, which attests that the company had a 0.035% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Western Copper, which you can use to evaluate the volatility of the company. Please check out Western Copper's Downside Deviation of 3.55, mean deviation of 2.23, and Market Risk Adjusted Performance of 9.92 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = 0.035
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Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Western Copper is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Copper by adding it to a well-diversified portfolio.
Western Copper Valuation on October 3, 2023
It is possible to determine the worth of Western Copper on a given historical date. On October 3, 2023 Western was worth 1.24 at the beginning of the trading date compared to the closed value of 1.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Copper stock. Still, in general, we apply an absolute valuation method to find Western Copper's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Western Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Copper's related companies.
| Open | High | Low | Close | Volume | |
| 1.27 | 1.27 | 1.27 | 1.27 | 16,575 | |
10/03/2023 | 1.24 | 1.24 | 1.24 | 1.24 | 16,575 |
| 1.21 | 1.21 | 1.21 | 1.21 | 16,575 |
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Western Copper Trading Date Momentum on October 3, 2023
| On October 04 2023 Western Copper and was traded for 1.21 at the closing time. The maximum traded price for the trading interval was 1.21 and the lowest daily price was 1.21 . The daily volume was recorded at 16.6 K. The volume of trading on 4th of October 2023 played a part in the next trading day price drop. The daily price change to the next closing price was 2.42% . The trading price change to the closing price today is 8.06% . |
Western Copper Fundamentals Correlations and Trends
By evaluating Western Copper's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Western Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Western Copper Stock history
Western Copper investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Copper will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Western Copper stock prices may prove useful in developing a viable investing in Western Copper
Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. Western Copper and Gold Corporation was founded in 2006 and is headquartered in Vancouver, Canada. WESTERN COPPERGOLD operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange.
Western Copper Stock Technical Analysis
Western Copper 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.
Price Boundaries
Western Copper Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Western Copper and cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Western Copper November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Copper 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 Copper shares will generate the highest return on investment. By undertsting and applying Western Copper stock market strength indicators, traders can identify Western Copper and entry and exit signals to maximize returns
Western Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western Copper's price direction in advance. Along with the technical and fundamental analysis of Western Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0476 | |||
| Jensen Alpha | 0.1615 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0126 | |||
| Treynor Ratio | 9.91 |
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Complementary Tools for Western Stock analysis
When running Western Copper's price analysis, check to measure Western Copper's 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 Western Copper is operating at the current time. Most of Western Copper's value examination focuses on studying past and present price action to predict the probability of Western Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Copper's price. Additionally, you may evaluate how the addition of Western Copper to your portfolios can decrease your overall portfolio volatility.
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