West African Resources Stock Technical Analysis
| WFRSF Stock | USD 1.00 0.00 0.00% |
As of the 30th of January, West African maintains the Market Risk Adjusted Performance of (4.39), standard deviation of 2.83, and Mean Deviation of 1.28. 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 1.0 per share. Given that West African Resources is a hitting penny stock territory we urge to closely look at its jensen alpha.
West African Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as West, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WestWest |
West African technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
West African Resources Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of West African Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
West African Resources Trend Analysis
Use this graph to draw trend lines for West African Resources. You can use it to identify possible trend reversals for West African as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual West African price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.West African Best Fit Change Line
The following chart estimates an ordinary least squares regression model for West African Resources applied against its price change over selected period. The best fit line has a slop of 0.001 , which may suggest that West African Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted West African price change compared to its average price change.About West African Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of West African Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of West African Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on West African Resources price pattern first instead of the macroeconomic environment surrounding West African Resources. By analyzing West African's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of West African's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to West African specific price patterns or momentum indicators. Please read more on our technical analysis page.
West African January 30, 2025 Technical Indicators
Most technical analysis of West 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 West from various momentum indicators to cycle indicators. When you analyze West charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (4.39) | |||
| Mean Deviation | 1.28 | |||
| Coefficient Of Variation | (1,643) | |||
| Standard Deviation | 2.83 | |||
| Variance | 8.01 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (4.40) | |||
| Maximum Drawdown | 14.58 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 4.67 | |||
| Skewness | 0.5627 | |||
| Kurtosis | 8.1 |
West African January 30, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as West stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 1.00 | ||
| Day Typical Price | 1.00 | ||
| Price Action Indicator | 0.00 |
Complementary Tools for West Pink Sheet analysis
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.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |