Western Resources Corp Stock Price Prediction
| WRX Stock | CAD 0.06 0.01 8.33% |
Oversold Vs Overbought
49
Oversold | Overbought |
Quarterly Earnings Growth (0.59) | Wall Street Target Price 0.23 |
Using Western Resources hype-based prediction, you can estimate the value of Western Resources Corp from the perspective of Western Resources 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 Resources to buy its stock 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 stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Western Resources after-hype prediction price | CAD 0.06 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Western |
Western Resources After-Hype Price Prediction Density Analysis
As far as predicting the price of Western Resources 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 Resources 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 Stock prices, such as prices of Western Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Western Resources Estimiated After-Hype Price Volatility
In the context of predicting Western Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Western Resources' historical news coverage. Western Resources' after-hype downside and upside margins for the prediction period are 0.00 and 7.64, respectively. We have considered Western Resources' 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 Resources is out of control at this time. Analysis and calculation of next after-hype price of Western Resources Corp is based on 3 months time horizon.
Western Resources Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Western Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Resources 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 Stock 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 Resources, 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 |
0.78 | 7.64 | 0.00 | 0.09 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.06 | 0.06 | 9.09 |
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Western Resources Hype Timeline
Western Resources Corp is at this time traded for 0.06on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.09. Western is anticipated to increase in value after the next headline, with the price projected to jump to 0.06 or above. The average volatility of media hype impact on the company the price is insignificant. The price boost on the next news is estimated to be 9.09%, whereas the daily expected return is at this time at 0.78%. The volatility of related hype on Western Resources is about 6502.13%, with the expected price after the next announcement by competition of -0.03. At this time, Western Resources' Return On Tangible Assets are very stable compared to the past year. As of the 3rd of December 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop (0). At this time, Western Resources' Total Assets are very stable compared to the past year. As of the 3rd of December 2024, Non Current Assets Total is likely to grow to about 407.4 M, while Other Current Assets are likely to drop about 829.1 K. Western Resources' management efficiency ratios could be used to measure how well Western Resources manages its routine affairs as well as how well it operates its assets and liabilities. Assuming the 90 days trading horizon the next anticipated press release will be in a few days. Check out Western Resources Basic Forecasting Models to cross-verify your projections.Western Resources Related Hype Analysis
Having access to credible news sources related to Western Resources' direct competition is more important than ever and may enhance your ability to predict Western Resources' future price movements. Getting to know how Western Resources' 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 Resources may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GSP | Gensource Potash | (0.01) | 1 per month | 0.00 | (0.06) | 11.11 | (10.00) | 33.33 | |
| CNT | Century Global Commodities | 0.00 | 1 per month | 0.00 | 0.0004 | 0.00 | 0.00 | 58.33 | |
| XTG | Xtra Gold Resources Corp | (0.46) | 10 per month | 2.19 | 0.12 | 4.51 | (4.46) | 15.96 | |
| LN | Loncor Resources | 0.00 | 0 per month | 1.72 | 0.10 | 7.32 | (4.26) | 13.35 |
Western Resources 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 Resources Predictive Indicators
The successful prediction of Western Resources 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 Resources Corp, 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 Resources based on analysis of Western Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Western Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Western Resources's related companies. | 2023 | 2024 (projected) | PB Ratio | 0.36 | 0.37 | Capex To Depreciation | 546.66 | 573.99 |
Story Coverage note for Western Resources
The number of cover stories for Western Resources depends on current market conditions and Western Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Western Resources 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 Resources' 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 Resources Short Properties
Western Resources' future price predictability will typically decrease when Western Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Western Resources Corp often depends not only on the future outlook of the potential Western Resources' 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 Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 408.6 M | |
| Cash And Short Term Investments | 12.2 M |
Other Information on Investing in Western Stock
Western Resources financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Resources security.