Western Resources Corp Stock Analysis
| WRX Stock | CAD 0.06 0.00 0.00% |
Western Resources Corp is overvalued with Real Value of 0.0483 and Hype Value of 0.06. The main objective of Western Resources stock analysis is to determine its intrinsic value, which is an estimate of what Western Resources Corp is worth, separate from its market price. There are two main types of Western Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Western Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Western Resources' stock to identify patterns and trends that may indicate its future price movements.
The Western Resources stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Western Resources is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Western Stock trading window is adjusted to America/Toronto timezone.
Western |
Western Stock Analysis Notes
About 65.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.1. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Western Resources Corp had not issued any dividends in recent years. The entity had 1:5 split on the 6th of April 2017. Western Resources Corp., through its subsidiary, Western Potash Corp., engages in the acquisition, exploration, and development of potash mineral properties in Western Canada. Western Resources Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada. WESTERN RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 9 people. For more information please call Wenye Xue at 306 924 9378 or visit https://www.westernresources.com.Western Resources Corp Investment Alerts
| Western Resources is way too risky over 90 days horizon | |
| Western Resources has some characteristics of a very speculative penny stock | |
| Western Resources appears to be risky and price may revert if volatility continues | |
| Western Resources has high likelihood to experience some financial distress in the next 2 years | |
| Western Resources Corp has accumulated about 2.2 M in cash with (759.4 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 65.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Western Metallica Begins Drilling at Luz Maria Prospect - TipRanks |
Western Largest EPS Surprises
Earnings surprises can significantly impact Western Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2012-08-14 | 2012-06-30 | -0.08 | -0.07 | 0.01 | 12 | ||
2012-05-15 | 2012-03-31 | -0.1 | -0.09 | 0.01 | 10 | ||
2012-03-14 | 2011-12-31 | -0.1 | -0.09 | 0.01 | 10 |
Western Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 24.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Resources's market, we take the total number of its shares issued and multiply it by Western Resources'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.Western Profitablity
Western Resources' profitability indicators refer to fundamental financial ratios that showcase Western Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Western Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Western Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Western Resources' profitability requires more research than a typical breakdown of Western Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.01 | 0.01 |
Management Efficiency
At this time, Western Resources' Return On Tangible Assets are very stable compared to the past year. As of the 28th of November 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 28th of November 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.69 | 0.66 | |
| Tangible Asset Value | 80.1 M | 60.7 M | |
| Tangible Book Value Per Share | 0.69 | 0.66 | |
| Enterprise Value Over EBITDA | 50.85 | 53.39 | |
| Price Book Value Ratio | 0.36 | 0.37 | |
| Enterprise Value Multiple | 50.85 | 53.39 | |
| Price Fair Value | 0.36 | 0.37 | |
| Enterprise Value | 137 M | 143.8 M |
Leadership effectiveness at Western Resources Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.922 | Return On Assets (0) | Return On Equity (0.01) |
Technical Drivers
As of the 28th of November, Western Resources maintains the Market Risk Adjusted Performance of 0.587, mean deviation of 4.66, and Downside Deviation of 15.76. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Resources Corp, as well as the relationship between them.Western Resources Corp Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Western Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Western Resources Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Western Resources Outstanding Bonds
Western Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Western Resources Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Western bonds can be classified according to their maturity, which is the date when Western Resources Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Western Resources Predictive Daily Indicators
Western Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Western Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Western Resources Forecast Models
Western Resources' time-series forecasting models are one of many Western Resources' stock 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 Western Resources' 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.About Western Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Western Resources 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 Western shares will generate the highest return on investment. We also built our stock 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 Stock such as Western Resources. By using and applying Western Stock analysis, traders can create a robust methodology for identifying Western entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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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.