West Mining Corp Stock Price on June 26, 2024
| WESMF Stock | USD 0.1 0.01 13.79% |
If you're considering investing in West Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of West Mining stands at 0.1, as last reported on the 2nd of December, with the highest price reaching 0.1 and the lowest price hitting 0.1 during the day. West Mining Corp shows Sharpe Ratio of -0.0303, which attests that the company had a -0.0303% return per unit of risk over the last 3 months. West Mining Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out West Mining's Standard Deviation of 9.43, market risk adjusted performance of (1.93), and Mean Deviation of 5.85 to validate the risk estimate we provide.
West Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
West |
Sharpe Ratio = -0.0303
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| Negative Returns | WESMF |
Estimated Market Risk
| 9.58 actual daily | 85 85% of assets are less volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average West Mining 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 West Mining by adding West Mining to a well-diversified portfolio.
West Mining Valuation on June 26, 2024
It is possible to determine the worth of West Mining on a given historical date. On June 26, 2024 West was worth 0.25 at the beginning of the trading date compared to the closed value of 0.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of West Mining pink sheet. Still, in general, we apply an absolute valuation method to find West 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 West Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against West Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.24 | 0.25 | 0.24 | 0.25 | 23,150 | |
06/26/2024 | 0.25 | 0.25 | 0.23 | 0.25 | 21,486 |
| 0.25 | 0.25 | 0.25 | 0.25 | 5,000 |
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West Mining Trading Date Momentum on June 26, 2024
| On June 27 2024 West Mining Corp was traded for 0.25 at the closing time. The highest daily price throughout the period was 0.25 and the lowest price was 0.25 . The daily volume was 5 K. The net trading volume on 06/27/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 8.00% . |
West Mining Corp Fundamentals Correlations and Trends
By evaluating West 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 West Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. West financial account trend analysis is a perfect complement when working with valuation or volatility modules.About West Mining Pink Sheet history
West 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 West is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in West Mining Corp 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 West Mining stock prices may prove useful in developing a viable investing in West Mining
West Mining Corp., together with its subsidiaries, operates as a mineral exploration company in Canada. West Mining Corp. was incorporated in 2017 and is based in Vancouver, Canada. WEST MINING is traded on OTC Exchange in the United States.
West Mining Pink Sheet Technical Analysis
West Mining 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
West Mining Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
West Mining Corp 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.
West Mining December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how West Mining 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 West Mining shares will generate the highest return on investment. By undertsting and applying West Mining pink sheet market strength indicators, traders can identify West Mining Corp entry and exit signals to maximize returns
West Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for West Mining's price direction in advance. Along with the technical and fundamental analysis of West Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of West 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 | (0.31) | |||
| Total Risk Alpha | (1.87) | |||
| Treynor Ratio | (1.94) |
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| Volume Indicators |
Complementary Tools for West Pink Sheet analysis
When running West Mining's price analysis, check to measure West 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 West Mining is operating at the current time. Most of West Mining's value examination focuses on studying past and present price action to predict the probability of West 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 West Mining's price. Additionally, you may evaluate how the addition of West Mining to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |