Westward Gold Stock Price on June 18, 2024
| WGLIF Stock | USD 0.05 0.0008 1.48% |
If you're considering investing in Westward OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Westward Gold stands at 0.05, as last reported on the 1st of December, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day. Westward Gold appears to be out of control, given 3 months investment horizon. Westward Gold shows Sharpe Ratio of 0.08, which attests that the company had a 0.08% return per unit of risk over the last 3 months. By examining Westward Gold's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Westward Gold's Mean Deviation of 7.71, downside deviation of 9.15, and Market Risk Adjusted Performance of (0.39) to validate if our risk estimates are consistent with your expectations.
Westward OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Westward |
Sharpe Ratio = 0.08
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Estimated Market Risk
| 11.32 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Westward Gold is performing at about 6% 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 Westward Gold by adding it to a well-diversified portfolio.
Westward Gold Valuation on June 18, 2024
It is possible to determine the worth of Westward Gold on a given historical date. On June 18, 2024 Westward was worth 0.0525 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westward Gold otc stock. Still, in general, we apply an absolute valuation method to find Westward Gold'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 Westward Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westward Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.06 | 0.05 | 0.06 | 47,100 | |
06/18/2024 | 0.05 | 0.06 | 0.05 | 0.06 | 33,600 |
| 0.05 | 0.05 | 0.05 | 0.05 | 35,555 |
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Westward Gold Trading Date Momentum on June 18, 2024
| On June 20 2024 Westward Gold was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.05 . The daily volume was 35.6 K. The net trading volume on 06/20/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.36% . The trading price change to current closing price is 0.55% . |
Westward Gold Fundamentals Correlations and Trends
By evaluating Westward Gold'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 Westward Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westward financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westward Gold OTC Stock history
Westward Gold 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 Westward is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westward Gold 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 Westward Gold stock prices may prove useful in developing a viable investing in Westward Gold
Westward Gold Inc. operates as a mineral exploration company. Westward Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Westward Gold is traded on OTC Exchange in the United States.
Westward Gold OTC Stock Technical Analysis
Westward Gold technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Westward Gold Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Westward Gold cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Westward Gold December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Westward Gold otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westward Gold shares will generate the highest return on investment. By undertsting and applying Westward Gold otc stock market strength indicators, traders can identify Westward Gold entry and exit signals to maximize returns
Westward Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westward Gold's price direction in advance. Along with the technical and fundamental analysis of Westward OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westward 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 | 0.0682 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | (1.02) | |||
| Sortino Ratio | 0.0792 | |||
| Treynor Ratio | (0.40) |
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| Volume Indicators |
Complementary Tools for Westward OTC Stock analysis
When running Westward Gold's price analysis, check to measure Westward Gold'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 Westward Gold is operating at the current time. Most of Westward Gold's value examination focuses on studying past and present price action to predict the probability of Westward Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westward Gold's price. Additionally, you may evaluate how the addition of Westward Gold to your portfolios can decrease your overall portfolio volatility.
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