Western Energy Services Stock Price on March 20, 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, standard deviation of 1.77, and Market Risk Adjusted Performance of (0.05) 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.
Western |
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 March 20, 2024
It is possible to determine the worth of Western Energy on a given historical date. On March 20, 2024 Western was worth 1.91 at the beginning of the trading date compared to the closed value of 1.91. 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 | |
1.91 | 1.91 | 1.91 | 1.91 | 1.00 | |
03/20/2024 | 1.91 | 1.91 | 1.91 | 1.91 | 1.00 |
2.02 | 2.02 | 2.02 | 2.02 | 300.00 |
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Western Energy Trading Date Momentum on March 20, 2024
On March 21 2024 Western Energy Services was traded for 2.02 at the closing time. The highest daily price throughout the period was 2.02 and the lowest price was 2.02 . The daily volume was 300. The net trading volume on 03/21/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 5.76% . The trading price change to current closing price is 5.24% . |
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.
Price Boundaries
Western Energy Period Price Range
Low | November 23, 2024
| 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.06) |
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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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