Western Energy Services Stock Price on October 6, 2023
| WRG Stock | CAD 2.67 0.02 0.74% |
Below is the normalized historical share price chart for Western Energy Services extending back to December 10, 1996. 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 Western Energy stands at 2.67, as last reported on the 1st of December, with the highest price reaching 2.67 and the lowest price hitting 2.67 during the day.
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. Western Energy Services shows Sharpe Ratio of -0.0759, which attests that the company had a -0.0759% 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 1.72, market risk adjusted performance of (2.88), and Standard Deviation of 3.02 to validate the risk estimate we provide.
At this time, Western Energy's Common Stock Shares Outstanding is very stable compared to the past year. As of the 1st of December 2024, Other Stockholder Equity is likely to grow to about 32 M, while Total Stockholder Equity is likely to drop about 226.2 M. . At this time, Western Energy's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 1st of December 2024, Price To Free Cash Flows Ratio is likely to grow to 3.67, while Price To Sales Ratio is likely to drop 0.41. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.7778 | 50 Day MA 2.7134 | Beta 1.472 |
Western |
Sharpe Ratio = -0.0759
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Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 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.
Price Book 0.3111 | Enterprise Value Ebitda 4.4485 | Price Sales 0.4115 | Shares Float 12.1 M | Wall Street Target Price 3 |
Western Energy Valuation on October 6, 2023
It is possible to determine the worth of Western Energy on a given historical date. On October 6, 2023 Western was worth 3.61 at the beginning of the trading date compared to the closed value of 3.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Energy stock. 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 | |
| 3.70 | 3.70 | 3.40 | 3.40 | 4,900 | |
10/06/2023 | 3.61 | 3.61 | 3.40 | 3.40 | 500.00 |
| 3.40 | 3.40 | 3.40 | 3.40 | 500.00 |
| Backtest Western Energy | | | Western Energy History | | | Western Energy Valuation | Previous | Next |
Western Energy Trading Date Momentum on October 6, 2023
| On October 10 2023 Western Energy Services was traded for 3.40 at the closing time. The maximum traded price for the trading interval was 3.40 and the lowest daily price was 3.40 . The daily volume was recorded at 500. The volume of trading on 10th of October 2023 had no short-term effect on price fluctuation. The trading price change to the closing price today is 0.29% . |
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 Stock 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.8 M | 35.5 M | |
| Net Income Applicable To Common Shares | 26.1 M | 27.4 M |
Western Energy Stock Technical Analysis
Western Energy 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
Western Energy Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Western Energy Services cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Energy stock 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 stock 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 Stock 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 | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (2.89) |
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Other Information on Investing in Western Stock
Western Energy financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Energy security.