Western Forest Products Stock Statistic Functions Beta

WEF Stock  CAD 0.45  0.01  2.17%   
Western Forest statistic functions tool provides the execution environment for running the Beta function and other technical functions against Western Forest. Western Forest 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. Western Forest 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 Western Forest Products correlated with the market. If Beta is less than 0 Western Forest generally moves in the opposite direction as compared to the market. If Western Forest Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Forest Products is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Forest is generally in the same direction as the market. If Beta > 1 Western Forest moves generally in the same direction as, but more than the movement of the benchmark.

Western Forest Technical Analysis Modules

Most technical analysis of Western Forest 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 Western from various momentum indicators to cycle indicators. When you analyze Western 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 Western Forest 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 Western Forest Products. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Forest Products based on widely used predictive technical indicators. In general, we focus on analyzing Western Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Forest'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 Western Forest's intrinsic value. In addition to deriving basic predictive indicators for Western Forest, we also check how macroeconomic factors affect Western Forest price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01890.04080.05290.0298
Price To Sales Ratio0.530.260.220.39
Hype
Prediction
LowEstimatedHigh
0.020.454.04
Details
Intrinsic
Valuation
LowRealHigh
0.020.403.99
Details
Naive
Forecast
LowNextHigh
0.010.454.04
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.04-0.03-0.03
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Western Forest in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Western Forest's short interest history, or implied volatility extrapolated from Western Forest options trading.

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Other Information on Investing in Western Stock

Western Forest 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 Forest security.