Western Forest Products Stock Price Prediction
WFSTF Stock | USD 0.33 0.01 3.13% |
Oversold Vs Overbought
34
Oversold | Overbought |
Using Western Forest hype-based prediction, you can estimate the value of Western Forest Products from the perspective of Western Forest response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Western Forest to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Western because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Western Forest after-hype prediction price | USD 0.33 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Western |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Forest's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Western Forest After-Hype Price Prediction Density Analysis
As far as predicting the price of Western Forest at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Western Forest or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Western Forest, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Western Forest Estimiated After-Hype Price Volatility
In the context of predicting Western Forest's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Western Forest's historical news coverage. Western Forest's after-hype downside and upside margins for the prediction period are 0.02 and 3.35, respectively. We have considered Western Forest's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Western Forest is out of control at this time. Analysis and calculation of next after-hype price of Western Forest Products is based on 3 months time horizon.
Western Forest Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Western Forest is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Forest backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Western Forest, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 3.02 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Any time |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.33 | 0.33 | 0.00 |
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Western Forest Hype Timeline
Western Forest Products is at this time traded for 0.33. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Western is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.04%. %. The volatility of related hype on Western Forest is about 0.0%, with the expected price after the next announcement by competition of 0.33. About 52.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.53. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Western Forest Products last dividend was issued on the 25th of November 2022. Assuming the 90 days horizon the next anticipated press release will be any time. Check out Western Forest Basic Forecasting Models to cross-verify your projections.Western Forest Related Hype Analysis
Having access to credible news sources related to Western Forest's direct competition is more important than ever and may enhance your ability to predict Western Forest's future price movements. Getting to know how Western Forest's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Western Forest may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
ASDRF | Ascendant Resources | 0.00 | 0 per month | 9.05 | 0.06 | 33.33 | (25.00) | 83.33 | |
CTXDF | Cantex Mine Development | 0.00 | 0 per month | 0.00 | (0.09) | 3.18 | (4.56) | 44.15 | |
AXREF | Amarc Resources | 0.00 | 0 per month | 4.35 | 0.09 | 10.00 | (7.69) | 32.47 | |
SAGGF | Sterling Metals Corp | 0.00 | 0 per month | 0.00 | (0.06) | 13.25 | (16.06) | 56.45 | |
AAGFF | Aftermath Silver | 0.00 | 0 per month | 4.85 | 0.06 | 10.26 | (8.33) | 26.99 | |
CBRSF | Champion Bear Resources | 0.00 | 0 per month | 0.00 | 0.10 | 0.00 | 0.00 | 183.33 | |
AUMTF | Aurelia Metals Limited | 0.00 | 0 per month | 0.00 | (0.02) | 0.00 | 0.00 | 36.67 | |
BRYGF | Baroyeca Gold Silver | 0.00 | 0 per month | 0.00 | (0.02) | 0.00 | 0.00 | 42.00 | |
EDDYF | Edison Cobalt Corp | 0.00 | 0 per month | 8.19 | 0.01 | 31.94 | (20.14) | 87.64 |
Western Forest Additional Predictive Modules
Most predictive techniques to examine Western price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Western using various technical indicators. When you analyze Western charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Western Forest Predictive Indicators
The successful prediction of Western Forest stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Western Forest Products, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Western Forest based on analysis of Western Forest hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Western Forest's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Western Forest's related companies.
Story Coverage note for Western Forest
The number of cover stories for Western Forest depends on current market conditions and Western Forest's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Western Forest is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Western Forest's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Western Forest Short Properties
Western Forest's future price predictability will typically decrease when Western Forest's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Western Forest Products often depends not only on the future outlook of the potential Western Forest's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Western Forest's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 328.8 M |
Complementary Tools for Western Pink Sheet analysis
When running Western Forest's price analysis, check to measure Western Forest'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 Western Forest is operating at the current time. Most of Western Forest's value examination focuses on studying past and present price action to predict the probability of Western Forest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Forest's price. Additionally, you may evaluate how the addition of Western Forest to your portfolios can decrease your overall portfolio volatility.
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