Wescan Goldfields Stock Performance
| WGF Stock | CAD 0.02 0.00 0.00% |
The firm maintains a market beta of 0.95, which attests to possible diversification benefits within a given portfolio. Wescan Goldfields returns are very sensitive to returns on the market. As the market goes up or down, Wescan Goldfields is expected to follow. At this point, Wescan Goldfields has a negative expected return of -0.4%. Please make sure to check out Wescan Goldfields' variance, as well as the relationship between the skewness and day typical price , to decide if Wescan Goldfields performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Wescan Goldfields has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2012-08-07 |
| Begin Period Cash Flow | 218.7 K |
Wescan |
Wescan Goldfields Relative Risk vs. Return Landscape
If you would invest 3.00 in Wescan Goldfields on September 4, 2024 and sell it today you would lose (1.00) from holding Wescan Goldfields or give up 33.33% of portfolio value over 90 days. Wescan Goldfields is currently producing negative expected returns and takes up 6.7648% volatility of returns over 90 trading days. Put another way, 60% of traded stocks are less volatile than Wescan, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Wescan Goldfields Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wescan Goldfields' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wescan Goldfields, and traders can use it to determine the average amount a Wescan Goldfields' 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 = -0.0587
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WGF |
Estimated Market Risk
| 6.76 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wescan Goldfields 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 Wescan Goldfields by adding Wescan Goldfields to a well-diversified portfolio.
Wescan Goldfields Fundamentals Growth
Wescan Stock prices reflect investors' perceptions of the future prospects and financial health of Wescan Goldfields, and Wescan Goldfields 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 Wescan Stock performance.
| Return On Equity | -10.48 | ||||
| Return On Asset | -5.26 | ||||
| Current Valuation | 837.74 K | ||||
| Shares Outstanding | 53.68 M | ||||
| Price To Earning | 35.00 X | ||||
| Price To Book | 20.04 X | ||||
| Price To Sales | 7,992 X | ||||
| Gross Profit | 11 | ||||
| EBITDA | (307.39 K) | ||||
| Net Income | (351.6 K) | ||||
| Cash And Equivalents | 15.45 K | ||||
| Total Debt | 137.67 K | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (325.14 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 84.36 K | ||||
| Retained Earnings | (23.86 M) | ||||
About Wescan Goldfields Performance
Evaluating Wescan Goldfields' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wescan Goldfields 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 Wescan Goldfields 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.
Wescan Goldfields Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Wescan Goldfields Inc. was incorporated in 2003 and is based in Saskatoon, Canada. WESCAN GOLDFIELDS operates under Gold classification in Exotistan and is traded on Commodity Exchange.Things to note about Wescan Goldfields performance evaluation
Checking the ongoing alerts about Wescan Goldfields for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wescan Goldfields help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wescan Goldfields generated a negative expected return over the last 90 days | |
| Wescan Goldfields has high historical volatility and very poor performance | |
| Wescan Goldfields has some characteristics of a very speculative penny stock | |
| Wescan Goldfields has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (351.6 K) with profit before overhead, payroll, taxes, and interest of 11. | |
| Wescan Goldfields has accumulated about 15.45 K in cash with (325.14 K) of positive cash flow from operations. | |
| Roughly 56.0% of the company outstanding shares are owned by insiders |
- Analyzing Wescan Goldfields' 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 Wescan Goldfields' stock is overvalued or undervalued compared to its peers.
- Examining Wescan Goldfields' 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 Wescan Goldfields' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wescan Goldfields' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wescan Goldfields' stock. These opinions can provide insight into Wescan Goldfields' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Wescan Stock Analysis
When running Wescan Goldfields' price analysis, check to measure Wescan Goldfields' 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 Wescan Goldfields is operating at the current time. Most of Wescan Goldfields' value examination focuses on studying past and present price action to predict the probability of Wescan Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wescan Goldfields' price. Additionally, you may evaluate how the addition of Wescan Goldfields to your portfolios can decrease your overall portfolio volatility.