West Red Lake Stock Price on December 3, 2024
WRLGF Stock | 0.40 0.01 2.56% |
If you're considering investing in West OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of West Red stands at 0.40, as last reported on the 12th of December 2024, with the highest price reaching 0.43 and the lowest price hitting 0.39 during the day. West Red Lake shows Sharpe Ratio of -0.2, which attests that the company had a -0.2% return per unit of risk over the last 3 months. West Red Lake exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out West Red's Market Risk Adjusted Performance of (0.37), mean deviation of 2.07, and Standard Deviation of 2.75 to validate the risk estimate we provide.
West OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
West |
Sharpe Ratio = -0.203
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | WRLGF |
Estimated Market Risk
2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average West Red 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 West Red by adding West Red to a well-diversified portfolio.
Related Headline
Brunswick Headline on 3rd of December 2024
The proposed expansion of the preschool program could be in jeopardy due to the state-mandated classroom size requirements.
West Red Valuation on December 3, 2024
It is possible to determine the worth of West Red on a given historical date. On December 3, 2024 West was worth 0.4 at the beginning of the trading date compared to the closed value of 0.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of West Red otc stock. Still, in general, we apply an absolute valuation method to find West Red'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 Red where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against West Red's related companies.
Open | High | Low | Close | Volume | |
0.41 | 0.41 | 0.38 | 0.39 | 144,649 | |
12/03/2024 | 0.40 | 0.41 | 0.38 | 0.41 | 649,266 |
0.42 | 0.42 | 0.39 | 0.39 | 274,943 |
Backtest West Red | | | West Red History | | | West Red Valuation | Previous | Next |
West Red Trading Date Momentum on December 3, 2024
On December 04 2024 West Red Lake was traded for 0.39 at the closing time. The highest daily price throughout the period was 0.42 and the lowest price was 0.39 . The daily volume was 274.9 K. The net trading volume on 12/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 4.88% . The trading price change to current closing price is 4.88% . |
West Red Lake Fundamentals Correlations and Trends
By evaluating West Red'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 Red'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 Red OTC Stock history
West Red 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 Red Lake 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 Red stock prices may prove useful in developing a viable investing in West Red
West Red OTC Stock Technical Analysis
West Red 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
West Red Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
West Red Lake cannot be verified against its exchange. Please verify the symbol is currently traded on OTCGREY 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 Red December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how West Red 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 West Red shares will generate the highest return on investment. By undertsting and applying West Red otc stock market strength indicators, traders can identify West Red Lake entry and exit signals to maximize returns
West Red Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for West Red's price direction in advance. Along with the technical and fundamental analysis of West OTC 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 | (0.07) | |||
Jensen Alpha | (0.40) | |||
Total Risk Alpha | (0.75) | |||
Treynor Ratio | (0.38) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for West OTC Stock analysis
When running West Red's price analysis, check to measure West Red'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 Red is operating at the current time. Most of West Red's value examination focuses on studying past and present price action to predict the probability of West Red'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 Red's price. Additionally, you may evaluate how the addition of West Red to your portfolios can decrease your overall portfolio volatility.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
CEOs Directory Screen CEOs from public companies around the world | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |