Western Alaska Minerals Stock Market Value
| WAM Stock | 1.35 0.07 5.47% |
| Symbol | Western |
Western Alaska Minerals Price To Book Ratio
Western Alaska 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Western Alaska's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Western Alaska.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Western Alaska on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Western Alaska Minerals or generate 0.0% return on investment in Western Alaska over 570 days. Western Alaska is related to or competes with Mirasol Resources, Equity Metals, Silver Bullet, Western Exploration, Quartz Mountain, MustGrow Biologics, and Copper Giant. Western Alaska is entity of Canada. It is traded as Stock on V exchange. More
Western Alaska Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Western Alaska's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Western Alaska Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.07 | |||
| Information Ratio | 0.0318 | |||
| Maximum Drawdown | 22.03 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 7.32 |
Western Alaska Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Alaska's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Alaska's standard deviation. In reality, there are many statistical measures that can use Western Alaska historical prices to predict the future Western Alaska's volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.2136 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0276 | |||
| Treynor Ratio | 0.9756 |
Western Alaska Minerals Backtested Returns
Western Alaska appears to be extremely dangerous, given 3 months investment horizon. Western Alaska Minerals shows Sharpe Ratio of 0.18, which attests that the company had a 0.18 % return per unit of risk over the last 3 months. By examining Western Alaska's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please utilize Western Alaska's Mean Deviation of 4.17, market risk adjusted performance of 0.9856, and Downside Deviation of 6.07 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Western Alaska holds a performance score of 14. The firm maintains a market beta of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Western Alaska's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Alaska is expected to be smaller as well. Please check Western Alaska's rate of daily change, period momentum indicator, as well as the relationship between the skewness and potential upside , to make a quick decision on whether Western Alaska's historical returns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Western Alaska Minerals has good reverse predictability. Overlapping area represents the amount of predictability between Western Alaska time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Western Alaska Minerals price movement. The serial correlation of -0.51 indicates that about 51.0% of current Western Alaska price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Western Alaska Minerals lagged returns against current returns
Autocorrelation, which is Western Alaska stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Western Alaska's stock expected returns. We can calculate the autocorrelation of Western Alaska returns to help us make a trade decision. For example, suppose you find that Western Alaska has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Western Alaska regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Western Alaska stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Western Alaska stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Western Alaska stock over time.
Current vs Lagged Prices |
| Timeline |
Western Alaska Lagged Returns
When evaluating Western Alaska's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Western Alaska stock have on its future price. Western Alaska autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Western Alaska autocorrelation shows the relationship between Western Alaska stock current value and its past values and can show if there is a momentum factor associated with investing in Western Alaska Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Western Stock Analysis
When running Western Alaska's price analysis, check to measure Western Alaska'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 Alaska is operating at the current time. Most of Western Alaska's value examination focuses on studying past and present price action to predict the probability of Western Alaska'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 Alaska's price. Additionally, you may evaluate how the addition of Western Alaska to your portfolios can decrease your overall portfolio volatility.