Western Forest Products Stock Price on July 29, 2024
| WFSTF Stock | USD 0.32 0.01 3.03% |
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 Forest stands at 0.32, as last reported on the 1st of December, with the highest price reaching 0.32 and the lowest price hitting 0.32 during the day. At this point, Western Forest is out of control. Western Forest Products shows Sharpe Ratio of 0.0148, which attests that the company had a 0.0148% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Western Forest Products, which you can use to evaluate the volatility of the company. Please check out Western Forest's Standard Deviation of 2.98, market risk adjusted performance of (0.04), and Mean Deviation of 1.9 to validate if the risk estimate we provide is consistent with the expected return of 0.0442%.
Western Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = 0.0148
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| Negative Returns | WFSTF |
Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Western Forest is performing at about 1% 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 Forest by adding it to a well-diversified portfolio.
Western Forest Valuation on July 29, 2024
It is possible to determine the worth of Western Forest on a given historical date. On July 29, 2024 Western was worth 0.29 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Forest pink sheet. Still, in general, we apply an absolute valuation method to find Western Forest'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 Forest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Forest's related companies.
| Open | High | Low | Close | Volume | |
| 0.31 | 0.31 | 0.30 | 0.31 | 18,300 | |
07/29/2024 | 0.29 | 0.31 | 0.29 | 0.30 | 3,100 |
| 0.30 | 0.31 | 0.29 | 0.30 | 19,100 |
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Western Forest Trading Date Momentum on July 29, 2024
| On July 30 2024 Western Forest Products was traded for 0.30 at the closing time. The highest daily price throughout the period was 0.31 and the lowest price was 0.29 . The daily volume was 19.1 K. The net trading volume on 07/30/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
Western Forest Products Fundamentals Correlations and Trends
By evaluating Western Forest'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 Forest'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 Forest Pink Sheet history
Western Forest 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 Forest Products 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 Forest stock prices may prove useful in developing a viable investing in Western Forest
Western Forest Products Inc. engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. Western Forest operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange. It employs 2051 people.
Western Forest Pink Sheet Technical Analysis
Western Forest 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 Forest Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Western Forest December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Forest 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 Forest shares will generate the highest return on investment. By undertsting and applying Western Forest pink sheet market strength indicators, traders can identify Western Forest Products entry and exit signals to maximize returns
Western Forest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western Forest'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 | 0.0067 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.05) |
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Complementary Tools for Western Pink Sheet analysis
When running Western Forest's price analysis, check to measure Western Forest'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 Forest is operating at the current time. Most of Western Forest's value examination focuses on studying past and present price action to predict the probability of Western Forest'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 Forest's price. Additionally, you may evaluate how the addition of Western Forest to your portfolios can decrease your overall portfolio volatility.
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