West Mining Corp Stock Market Value
| WESMF Stock | USD 0.06 0.01 13.76% |
| Symbol | West |
West Mining '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 West Mining's pink sheet 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 West Mining.
| 03/08/2023 |
| 02/25/2025 |
If you would invest 0.00 in West Mining on March 8, 2023 and sell it all today you would earn a total of 0.00 from holding West Mining Corp or generate 0.0% return on investment in West Mining over 720 days. West Mining is related to or competes with Mundoro Capital, E79 Resources, Aurelia Metals, Adriatic Metals, Almonty Industries, Gladiator Metals, and Callinex Mines. West Mining Corp., together with its subsidiaries, operates as a mineral exploration company in Canada More
West Mining 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 West Mining's pink sheet 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 West Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.41 | |||
| Information Ratio | 0.0041 | |||
| Maximum Drawdown | 60.86 | |||
| Value At Risk | (17.09) | |||
| Potential Upside | 21.21 |
West Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for West Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as West Mining's standard deviation. In reality, there are many statistical measures that can use West Mining historical prices to predict the future West Mining's volatility.| Risk Adjusted Performance | 0.0127 | |||
| Jensen Alpha | 0.0277 | |||
| Total Risk Alpha | 0.1162 | |||
| Sortino Ratio | 0.0035 | |||
| Treynor Ratio | (0.01) |
West Mining Corp Backtested Returns
West Mining Corp shows Sharpe Ratio of -0.0168, which attests that the company had a -0.0168 % return per unit of risk over the last 3 months. West Mining Corp exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out West Mining's Downside Deviation of 13.41, mean deviation of 7.61, and insignificant Market Risk Adjusted Performance to validate the risk estimate we provide. The firm maintains a market beta of -2.91, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning West Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, West Mining is expected to outperform it. At this point, West Mining Corp has a negative expected return of -0.19%. Please make sure to check out West Mining's potential upside, as well as the relationship between the skewness and day median price , to decide if West Mining Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
West Mining Corp has below average predictability. Overlapping area represents the amount of predictability between West Mining time series from 8th of March 2023 to 2nd of March 2024 and 2nd of March 2024 to 25th of February 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 West Mining Corp price movement. The serial correlation of 0.37 indicates that just about 37.0% of current West Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
West Mining Corp lagged returns against current returns
Autocorrelation, which is West Mining pink sheet'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 West Mining's pink sheet expected returns. We can calculate the autocorrelation of West Mining returns to help us make a trade decision. For example, suppose you find that West Mining has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
West Mining 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 West Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if West Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in West Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
West Mining Lagged Returns
When evaluating West Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of West Mining pink sheet have on its future price. West Mining 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, West Mining autocorrelation shows the relationship between West Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in West Mining Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in West Pink Sheet
West Mining financial ratios help investors to determine whether West Pink Sheet 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 West with respect to the benefits of owning West Mining security.