Westward Gold Financials
| WGLIF Stock | USD 0.05 0.0005 0.93% |
With this module, you can analyze Westward financials for your investing period. You should be able to track the changes in Westward Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Westward |
Understanding current and past Westward Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westward Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Westward Gold's assets may result in an increase in income on the income statement.
The data published in Westward Gold's official financial statements typically reflect Westward Gold's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Westward Gold's quantitative information. For example, before you start analyzing numbers published by Westward accountants, it's essential to understand Westward Gold's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Westward Gold Stock Summary
Westward Gold competes with Heliostar Metals, Revival Gold, Cabral Gold, Cassiar Gold, and Independence Gold. Westward Gold Inc. operates as a mineral exploration company. Westward Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Westward Gold is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 1055 West Georgia |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.westwardgold.com |
| Currency | USD - US Dollar |
Westward Gold Key Financial Ratios
There are many critical financial ratios that Westward Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Westward Gold reports annually and quarterly.| Return On Equity | -0.24 | |||
| Return On Asset | -0.14 | |||
| Beta | 1.62 |
Westward Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westward Gold's current stock value. Our valuation model uses many indicators to compare Westward Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westward Gold competition to find correlations between indicators driving Westward Gold's intrinsic value. More Info.Westward Gold is rated third in return on equity category among its peers. It is rated third in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westward Gold's earnings, one of the primary drivers of an investment's value.Westward Gold Systematic Risk
Westward Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westward Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
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 Westward Gold correlated with the market. If Beta is less than 0 Westward Gold generally moves in the opposite direction as compared to the market. If Westward Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westward Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westward Gold is generally in the same direction as the market. If Beta > 1 Westward Gold moves generally in the same direction as, but more than the movement of the benchmark.
Westward Gold December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Westward Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westward Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westward Gold based on widely used predictive technical indicators. In general, we focus on analyzing Westward OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westward Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 9.16 | |||
| Information Ratio | 0.0882 | |||
| Maximum Drawdown | 62.48 | |||
| Value At Risk | (16.01) | |||
| Potential Upside | 25.19 |
Complementary Tools for Westward OTC Stock analysis
When running Westward Gold's price analysis, check to measure Westward Gold'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 Westward Gold is operating at the current time. Most of Westward Gold's value examination focuses on studying past and present price action to predict the probability of Westward Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westward Gold's price. Additionally, you may evaluate how the addition of Westward Gold to your portfolios can decrease your overall portfolio volatility.
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