Westbond Enterprises Corp Stock Performance
| WBE Stock | CAD 0.21 0.01 4.55% |
On a scale of 0 to 100, Westbond Enterprises holds a performance score of 7. The firm maintains a market beta of -0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Westbond Enterprises are expected to decrease at a much lower rate. During the bear market, Westbond Enterprises is likely to outperform the market. Please check Westbond Enterprises' potential upside and the relationship between the skewness and relative strength index , to make a quick decision on whether Westbond Enterprises' historical returns will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Westbond Enterprises Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Westbond Enterprises showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Dividend Date 2022-12-23 | Ex Dividend Date 2022-12-02 |
1 | WestBonds Profits Surge with Strong Sales Growth - TipRanks | 11/21/2024 |
| Begin Period Cash Flow | 73.5 K |
Westbond |
Westbond Enterprises Relative Risk vs. Return Landscape
If you would invest 16.00 in Westbond Enterprises Corp on August 29, 2024 and sell it today you would earn a total of 5.00 from holding Westbond Enterprises Corp or generate 31.25% return on investment over 90 days. Westbond Enterprises Corp is currently producing 0.6974% returns and takes up 7.4931% volatility of returns over 90 trading days. Put another way, 66% of traded stocks are less volatile than Westbond, and 87% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Westbond Enterprises Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westbond Enterprises' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Westbond Enterprises Corp, and traders can use it to determine the average amount a Westbond Enterprises' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0931
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Estimated Market Risk
| 7.49 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Westbond Enterprises is performing at about 7% 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 Westbond Enterprises by adding it to a well-diversified portfolio.
Westbond Enterprises Fundamentals Growth
Westbond Stock prices reflect investors' perceptions of the future prospects and financial health of Westbond Enterprises, and Westbond Enterprises fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Westbond Stock performance.
| Return On Equity | -0.0167 | ||||
| Return On Asset | -0.0015 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 10.58 M | ||||
| Shares Outstanding | 35.63 M | ||||
| Price To Earning | 14.17 X | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 9.22 M | ||||
| Gross Profit | 2.75 M | ||||
| EBITDA | 1.12 M | ||||
| Net Income | (210.68 K) | ||||
| Cash And Equivalents | 474.03 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 2.46 M | ||||
| Debt To Equity | 59.60 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | 431.06 K | ||||
| Market Capitalization | 7.84 M | ||||
| Total Asset | 12.69 M | ||||
| Retained Earnings | 3.02 M | ||||
| Working Capital | 1.81 M | ||||
About Westbond Enterprises Performance
Evaluating Westbond Enterprises' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Westbond Enterprises has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Westbond Enterprises has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 92.75 | 53.02 | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about Westbond Enterprises Corp performance evaluation
Checking the ongoing alerts about Westbond Enterprises for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Westbond Enterprises Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Westbond Enterprises is way too risky over 90 days horizon | |
| Westbond Enterprises has some characteristics of a very speculative penny stock | |
| Westbond Enterprises appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 9.22 M. Net Loss for the year was (210.68 K) with profit before overhead, payroll, taxes, and interest of 2.75 M. | |
| About 43.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: WestBonds Profits Surge with Strong Sales Growth - TipRanks |
- Analyzing Westbond Enterprises' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Westbond Enterprises' stock is overvalued or undervalued compared to its peers.
- Examining Westbond Enterprises' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Westbond Enterprises' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westbond Enterprises' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Westbond Enterprises' stock. These opinions can provide insight into Westbond Enterprises' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Westbond Stock Analysis
When running Westbond Enterprises' price analysis, check to measure Westbond Enterprises' 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 Westbond Enterprises is operating at the current time. Most of Westbond Enterprises' value examination focuses on studying past and present price action to predict the probability of Westbond Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbond Enterprises' price. Additionally, you may evaluate how the addition of Westbond Enterprises to your portfolios can decrease your overall portfolio volatility.