Waseco Resources Stock Price on October 15, 2024
| WRI Stock | CAD 0.02 0.00 0.00% |
Below is the normalized historical share price chart for Waseco Resources extending back to January 05, 2004. 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 Waseco Resources stands at 0.02, as last reported on the 1st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in Waseco Stock, it is important to understand the factors that can impact its price. Waseco Resources appears to be out of control, given 3 months investment horizon. Waseco Resources shows Sharpe Ratio of 0.0602, which attests that the company had a 0.0602% return per unit of risk over the last 3 months. By examining Waseco Resources' technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Waseco Resources' Market Risk Adjusted Performance of (0.12), standard deviation of 12.89, and Mean Deviation of 4.48 to validate if our risk estimates are consistent with your expectations.
At this time, Waseco Resources' Common Stock is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 45.3 M in 2024, whereas Total Stockholder Equity is likely to drop (730.1 K) in 2024. . Waseco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0241 | 50 Day MA 0.0252 | Beta 1.743 |
Waseco |
Sharpe Ratio = 0.0602
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Estimated Market Risk
| 13.19 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Waseco Resources is performing at about 4% 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 Waseco Resources by adding it to a well-diversified portfolio.
Price Book 39.8214 | Book Value (0.02) | Enterprise Value 865.3 K | Enterprise Value Ebitda (38.30) | Price Sales 270.7463 |
Waseco Resources Valuation on October 15, 2024
It is possible to determine the worth of Waseco Resources on a given historical date. On October 15, 2024 Waseco was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waseco Resources stock. Still, in general, we apply an absolute valuation method to find Waseco Resources' 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 Waseco Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waseco Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
10/15/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
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Waseco Resources Trading Date Momentum on October 15, 2024
| On October 16 2024 Waseco Resources was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . There was no trading activity during the period 1.0. Lack of trading volume on 10/16/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 33.33% . |
Waseco Resources Fundamentals Correlations and Trends
By evaluating Waseco Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Waseco Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Waseco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Waseco Resources Stock history
Waseco Resources 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 Waseco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Waseco Resources 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 Waseco Resources stock prices may prove useful in developing a viable investing in Waseco Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.7 M | 45.3 M | |
| Net Loss | -101.6 K | -106.7 K |
Waseco Resources Stock Technical Analysis
Waseco Resources 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
Waseco Resources Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Waseco Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Waseco Resources December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Waseco Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waseco Resources shares will generate the highest return on investment. By undertsting and applying Waseco Resources stock market strength indicators, traders can identify Waseco Resources entry and exit signals to maximize returns
Waseco Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Waseco Resources' price direction in advance. Along with the technical and fundamental analysis of Waseco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Waseco 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 | 0.0543 | |||
| Jensen Alpha | 1.47 | |||
| Total Risk Alpha | (1.40) | |||
| Treynor Ratio | (0.13) |
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Additional Tools for Waseco Stock Analysis
When running Waseco Resources' price analysis, check to measure Waseco Resources' 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 Waseco Resources is operating at the current time. Most of Waseco Resources' value examination focuses on studying past and present price action to predict the probability of Waseco Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waseco Resources' price. Additionally, you may evaluate how the addition of Waseco Resources to your portfolios can decrease your overall portfolio volatility.