Western Mining (China) Price on September 16, 2023
| 601168 Stock | 16.84 0.19 1.14% |
Below is the normalized historical share price chart for Western Mining Co extending back to July 12, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Mining stands at 16.84, as last reported on the 1st of December, with the highest price reaching 17.00 and the lowest price hitting 16.55 during the day.
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. Western Mining appears to be not too volatile, given 3 months investment horizon. Western Mining shows Sharpe Ratio of 0.0799, which attests that the company had a 0.0799% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western Mining, which you can use to evaluate the volatility of the company. Please utilize Western Mining's Market Risk Adjusted Performance of (0.19), downside deviation of 2.15, and Mean Deviation of 1.83 to validate if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 11.1 B. In addition to that, Common Stock is expected to decline to about 2.3 B. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of July 2007 | 200 Day MA 17.6295 | 50 Day MA 17.4168 | Beta 1.183 |
Western |
Sharpe Ratio = 0.0799
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601168 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Western Mining is performing at about 6% 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 Mining by adding it to a well-diversified portfolio.
Price Book 2.3809 | Enterprise Value Ebitda 7.8895 | Price Sales 0.8495 | Shares Float 1.7 B | Wall Street Target Price 21.67 |
Western Mining Valuation on September 16, 2023
It is possible to determine the worth of Western Mining on a given historical date. On September 16, 2023 Western was worth 13.5 at the beginning of the trading date compared to the closed value of 13.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Mining stock. Still, in general, we apply an absolute valuation method to find Western Mining'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 Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Mining's related companies.
| Open | High | Low | Close | Volume | |
| 13.16 | 13.40 | 13.11 | 13.36 | 33,439,311 | |
09/15/2023 | 13.50 | 13.77 | 13.39 | 13.46 | 53,007,825 |
| 13.45 | 13.46 | 13.11 | 13.35 | 30,932,353 |
| Backtest Western Mining | | | Western Mining History | | | Western Mining Valuation | Previous | Next |
Western Mining Trading Date Momentum on September 16, 2023
| On September 18 2023 Western Mining Co was traded for 13.35 at the closing time. The highest price during the trading period was 13.46 and the lowest recorded bid was listed for 13.11 . The volume for the day was 30.9 M. This history from September 18, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.82% . The trading price change to the current price is 4.61% . |
Western Mining Fundamentals Correlations and Trends
By evaluating Western Mining'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 Mining'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 Mining Stock history
Western Mining 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 Mining 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 Mining stock prices may prove useful in developing a viable investing in Western Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 1.9 B | |
| Net Income Applicable To Common Shares | 2.6 B | 2.8 B |
Western Mining Stock Technical Analysis
Western Mining 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 Mining Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Western Mining Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock 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 Mining December 1, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western Mining'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 | 0.0453 | |||
| Jensen Alpha | 0.1823 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.20) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Western Stock analysis
When running Western Mining's price analysis, check to measure Western Mining'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 Mining is operating at the current time. Most of Western Mining's value examination focuses on studying past and present price action to predict the probability of Western Mining'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 Mining's price. Additionally, you may evaluate how the addition of Western Mining to your portfolios can decrease your overall portfolio volatility.
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