West African Resources Stock Analysis

West Pink Sheet Analysis Notes

About 56.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.91. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. West African Resources had not issued any dividends in recent years. West African Resources Limited engages in the acquisition, exploration, and development of gold projects in West Africa. West African Resources Limited was incorporated in 2006 and is based in Subiaco, Australia. West African operates under Gold classification in the United States and is traded on OTC Exchange.The quote for West African Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call the company at 61 8 9481 7344 or visit https://www.westafricanresources.com.

West African Resources Investment Alerts

West African Thematic Classifications

West Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 722.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate West African's market, we take the total number of its shares issued and multiply it by West African's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

West Profitablity

The company has Profit Margin (PM) of 0.28 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.54 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.54.

Technical Drivers

As of the 25th of November, West African maintains the Market Risk Adjusted Performance of 0.2321, mean deviation of 2.36, and Standard Deviation of 5.13. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of West African Resources, as well as the relationship between them. Please check out West African Resources market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if West African Resources is priced fairly, providing market reflects its latest price of 0.94 per share. Given that West African Resources is a hitting penny stock territory we urge to closely look at its jensen alpha.

West African Resources Price Movement Analysis

West African Predictive Daily Indicators

West African Forecast Models

West African's time-series forecasting models are one of many West African's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary West African's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how West African prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling West shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as West African. By using and applying West Pink Sheet analysis, traders can create a robust methodology for identifying West entry and exit points for their positions.

When running West African's price analysis, check to measure West African'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 West African is operating at the current time. Most of West African's value examination focuses on studying past and present price action to predict the probability of West African's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West African's price. Additionally, you may evaluate how the addition of West African to your portfolios can decrease your overall portfolio volatility.