West High Yield Stock Market Value
| WHYRF Stock | USD 0.20 0.02 11.11% |
| Symbol | West |
West High '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 High'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 High.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in West High on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding West High Yield or generate 0.0% return on investment in West High over 30 days. West High is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada More
West High 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 High'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 High Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.18 | |||
| Information Ratio | 0.079 | |||
| Maximum Drawdown | 39.68 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
West High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for West High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as West High's standard deviation. In reality, there are many statistical measures that can use West High historical prices to predict the future West High's volatility.| Risk Adjusted Performance | 0.0851 | |||
| Jensen Alpha | 0.5244 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0528 | |||
| Treynor Ratio | 0.9058 |
West High Yield Backtested Returns
West High appears to be out of control, given 3 months investment horizon. West High Yield shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. By examining West High's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize West High's Mean Deviation of 3.51, market risk adjusted performance of 0.9158, and Downside Deviation of 9.18 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, West High holds a performance score of 9. The firm maintains a market beta of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, West High's returns are expected to increase less than the market. However, during the bear market, the loss of holding West High is expected to be smaller as well. Please check West High's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether West High's historical returns will revert.
Auto-correlation | 0.23 |
Weak predictability
West High Yield has weak predictability. Overlapping area represents the amount of predictability between West High time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. 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 High Yield price movement. The serial correlation of 0.23 indicates that over 23.0% of current West High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
West High Yield lagged returns against current returns
Autocorrelation, which is West High 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 High's pink sheet expected returns. We can calculate the autocorrelation of West High returns to help us make a trade decision. For example, suppose you find that West High 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 High 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 High pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if West High 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 High pink sheet over time.
Current vs Lagged Prices |
| Timeline |
West High Lagged Returns
When evaluating West High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of West High pink sheet have on its future price. West High 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 High autocorrelation shows the relationship between West High pink sheet current value and its past values and can show if there is a momentum factor associated with investing in West High Yield.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in West Pink Sheet
West High 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 High security.