Wesdome Gold Mines Stock Statistic Functions Beta

WDO Stock  CAD 12.09  0.08  0.67%   
Wesdome Gold statistic functions tool provides the execution environment for running the Beta function and other technical functions against Wesdome Gold. Wesdome Gold value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Wesdome Gold statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Wesdome Gold Mines correlated with the market. If Beta is less than 0 Wesdome Gold generally moves in the opposite direction as compared to the market. If Wesdome Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wesdome Gold Mines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wesdome Gold is generally in the same direction as the market. If Beta > 1 Wesdome Gold moves generally in the same direction as, but more than the movement of the benchmark.

Wesdome Gold Technical Analysis Modules

Most technical analysis of Wesdome Gold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wesdome from various momentum indicators to cycle indicators. When you analyze Wesdome charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Wesdome Gold Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wesdome Gold Mines. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wesdome Gold Mines based on widely used predictive technical indicators. In general, we focus on analyzing Wesdome Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wesdome Gold's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Wesdome Gold's intrinsic value. In addition to deriving basic predictive indicators for Wesdome Gold, we also check how macroeconomic factors affect Wesdome Gold price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.01530.0139
Price To Sales Ratio3.423.25
Hype
Prediction
LowEstimatedHigh
9.6212.0914.56
Details
Intrinsic
Valuation
LowRealHigh
9.8912.3614.83
Details
Naive
Forecast
LowNextHigh
9.9712.4414.91
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.190.210.22
Details

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Other Information on Investing in Wesdome Stock

Wesdome Gold financial ratios help investors to determine whether Wesdome 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 Wesdome with respect to the benefits of owning Wesdome Gold security.