Western Energy Services Stock Price on January 11, 2024

WEEEF Stock  USD 1.93  0.04  2.12%   
If you're considering investing in Western Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Western Energy stands at 1.93, as last reported on the 23rd of November, with the highest price reaching 1.93 and the lowest price hitting 1.93 during the day. Western Energy Services shows Sharpe Ratio of -0.0908, which attests that the company had a -0.0908% return per unit of risk over the last 3 months. Western Energy Services exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Western Energy's Mean Deviation of 0.7478, market risk adjusted performance of (0.05), and Standard Deviation of 1.77 to validate the risk estimate we provide.
  
Western Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0908

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Estimated Market Risk

 1.56
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Western Energy is not performing at its full potential. However, 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 Energy by adding Western Energy to a well-diversified portfolio.

Western Energy Valuation on January 11, 2024

It is possible to determine the worth of Western Energy on a given historical date. On January 11, 2024 Western was worth 2.05 at the beginning of the trading date compared to the closed value of 2.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Energy pink sheet. Still, in general, we apply an absolute valuation method to find Western Energy'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 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Energy's related companies.
 Open High Low Close Volume
  1.99    1.99    1.99    1.99    1.00  
01/11/2024
  2.05    2.05    2.05    2.05    2,100  
  2.05    2.05    2.05    2.05    1.00  
Backtest Western Energy  |  Western Energy History  |  Western Energy Valuation   PreviousNext  
Open Value
2.05
2.05
Closing Value
6.74
Upside

Western Energy Trading Date Momentum on January 11, 2024

On January 12 2024 Western Energy Services was traded for  2.05  at the closing time. The highest daily price throughout the period was 2.05  and the lowest price was  2.05 . There was no trading activity during the period 1.0. Lack of trading volume on 01/12/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 1.46% .

Western Energy Services Fundamentals Correlations and Trends

By evaluating Western Energy'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 Energy'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 Energy Pink Sheet history

Western Energy 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 Energy Services 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 Energy stock prices may prove useful in developing a viable investing in Western Energy
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Western Energy operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 566 people.

Western Energy Pink Sheet Technical Analysis

Western Energy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Western Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Western Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Western Energy Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Western Energy Services cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Energy November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Western Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Energy shares will generate the highest return on investment. By undertsting and applying Western Energy pink sheet market strength indicators, traders can identify Western Energy Services entry and exit signals to maximize returns

Western Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Western Energy's price direction in advance. Along with the technical and fundamental analysis of Western Pink Sheet 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.

Complementary Tools for Western Pink Sheet analysis

When running Western Energy's price analysis, check to measure Western Energy'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 Energy is operating at the current time. Most of Western Energy's value examination focuses on studying past and present price action to predict the probability of Western Energy'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 Energy's price. Additionally, you may evaluate how the addition of Western Energy to your portfolios can decrease your overall portfolio volatility.
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