West Fraser Timber Stock Price on July 30, 2024
WFG Stock | USD 98.98 0.81 0.83% |
Below is the normalized historical share price chart for West Fraser Timber extending back to April 10, 2012. 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 West Fraser stands at 98.98, as last reported on the 1st of December, with the highest price reaching 99.20 and the lowest price hitting 98.11 during the day.
If you're considering investing in West Stock, it is important to understand the factors that can impact its price. West Fraser appears to be very steady, given 3 months investment horizon. West Fraser Timber shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for West Fraser Timber, which you can use to evaluate the volatility of the company. Please utilize West Fraser's Market Risk Adjusted Performance of 0.2547, mean deviation of 1.21, and Downside Deviation of 1.51 to validate if our risk estimates are consistent with your expectations.
At this time, West Fraser's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The West Fraser's current Common Stock Total Equity is estimated to increase to about 371.9 M, while Capital Stock is projected to decrease to roughly 1.8 B. . At this time, West Fraser's Price To Free Cash Flows Ratio is most likely to increase significantly in the upcoming years. The West Fraser's current Price To Book Ratio is estimated to increase to 1.25, while Price Earnings Ratio is forecasted to increase to (40.45). West Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of July 2007 | 200 Day MA 85.1721 | 50 Day MA 95.578 | Beta 2.054 |
West |
Sharpe Ratio = 0.1481
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Estimated Market Risk
1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average West Fraser is performing at about 11% 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 West Fraser by adding it to a well-diversified portfolio.
Price Book 1.1159 | Enterprise Value Ebitda 16.3492 | Price Sales 1.2491 | Shares Float 55.6 M | Dividend Share 1.24 |
West Fraser Main Headline on 30th of July 2024
Price T Rowe Associates Inc. MD Sells 35,952 Shares of West ... by news.google.com
Price T Rowe Associates Inc. MD Sells 35,952 Shares of West Fraser Timber Co. Ltd. MarketBeat
West Fraser Valuation on July 30, 2024
It is possible to determine the worth of West Fraser on a given historical date. On July 30, 2024 West was worth 86.96 at the beginning of the trading date compared to the closed value of 87.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of West Fraser stock. Still, in general, we apply an absolute valuation method to find West Fraser'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 Fraser where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against West Fraser's related companies.
Open | High | Low | Close | Volume | |
87.13 | 87.13 | 85.57 | 86.39 | 272,374 | |
07/30/2024 | 86.96 | 88.46 | 86.49 | 87.47 | 128,470 |
87.62 | 89.67 | 87.38 | 88.39 | 211,629 |
Backtest West Fraser | | | West Fraser History | | | West Fraser Valuation | Previous | Next |
West Fraser Trading Date Momentum on July 30, 2024
On July 31 2024 West Fraser Timber was traded for 88.39 at the closing time. Highest West Fraser's price during the trading hours was 89.67 and the lowest price during the day was 87.38 . The net volume was 211.6 K. The overall trading history on the 31st of July contributed to the next trading period price rise. The trading price change to the next next day price was 1.05% . The trading price change to current price is 2.50% . |
West Fraser Timber Fundamentals Correlations and Trends
By evaluating West Fraser'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 Fraser'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 Fraser Stock history
West Fraser 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 Fraser Timber 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 Fraser stock prices may prove useful in developing a viable investing in West Fraser
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 83.2 M | 85 M | |
Net Income Applicable To Common Shares | 2.3 B | 1.1 B |
West Fraser Quarterly Net Working Capital |
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West Fraser Stock Technical Analysis
West Fraser 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
West Fraser Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
West Fraser Timber cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
West Fraser December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how West Fraser stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading West Fraser shares will generate the highest return on investment. By undertsting and applying West Fraser stock market strength indicators, traders can identify West Fraser Timber entry and exit signals to maximize returns
West Fraser Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for West Fraser's price direction in advance. Along with the technical and fundamental analysis of West Stock 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 | 0.0948 | |||
Jensen Alpha | 0.0861 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | 0.0347 | |||
Treynor Ratio | 0.2447 |
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When running West Fraser's price analysis, check to measure West Fraser'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 Fraser is operating at the current time. Most of West Fraser's value examination focuses on studying past and present price action to predict the probability of West Fraser'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 Fraser's price. Additionally, you may evaluate how the addition of West Fraser to your portfolios can decrease your overall portfolio volatility.
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