Wescan Goldfields Stock Buy Hold or Sell Recommendation
| WGF Stock | CAD 0.02 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Wescan Goldfields is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Wescan Goldfields given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Wescan Goldfields, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Wescan Goldfields Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Wescan and provide practical buy, sell, or hold advice based on investors' constraints. Wescan Goldfields. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Wescan |
Execute Wescan Goldfields Buy or Sell Advice
The Wescan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wescan Goldfields. Macroaxis does not own or have any residual interests in Wescan Goldfields or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wescan Goldfields' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Wescan Goldfields Trading Alerts and Improvement Suggestions
| Wescan Goldfields generated a negative expected return over the last 90 days | |
| Wescan Goldfields has high historical volatility and very poor performance | |
| Wescan Goldfields has some characteristics of a very speculative penny stock | |
| Wescan Goldfields has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (351.6 K) with profit before overhead, payroll, taxes, and interest of 11. | |
| Wescan Goldfields has accumulated about 15.45 K in cash with (325.14 K) of positive cash flow from operations. | |
| Roughly 56.0% of the company outstanding shares are owned by insiders |
Wescan Goldfields Returns Distribution Density
The distribution of Wescan Goldfields' historical returns is an attempt to chart the uncertainty of Wescan Goldfields' future price movements. The chart of the probability distribution of Wescan Goldfields daily returns describes the distribution of returns around its average expected value. We use Wescan Goldfields price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wescan Goldfields returns is essential to provide solid investment advice for Wescan Goldfields.
| Mean Return | -0.38 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 6.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wescan Goldfields historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Wescan Goldfields Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (107.6K) | (54.0K) | (58.0K) | 215.4K | (141.3K) | (134.2K) | |
| Depreciation | 615.0 | 491.0 | 393.0 | 313.0 | 253.0 | 240.35 | |
| Net Income | (102.0K) | (58.6K) | (132.9K) | (134.1K) | (351.6K) | (334.0K) | |
| End Period Cash Flow | 115.3K | 61.3K | 3.4K | 218.7K | 77.5K | 136.4K | |
| Free Cash Flow | (107.6K) | (54.0K) | (58.0K) | (130.5K) | (325.1K) | (308.9K) |
Wescan Goldfields Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Wescan Goldfields or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Wescan Goldfields' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Wescan stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 6.71 | |
Ir | Information ratio | -0.07 |
Wescan Goldfields Volatility Alert
Wescan Goldfields is displaying above-average volatility over the selected time horizon. Wescan Goldfields is a penny stock. Although Wescan Goldfields may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Wescan Goldfields. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Wescan instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Wescan Goldfields Fundamentals Vs Peers
Comparing Wescan Goldfields' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Wescan Goldfields' direct or indirect competition across all of the common fundamentals between Wescan Goldfields and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wescan Goldfields or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wescan Goldfields' fundamental indicators could also be used in its relative valuation, which is a method of valuing Wescan Goldfields by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wescan Goldfields to competition |
| Fundamentals | Wescan Goldfields | Peer Average |
| Return On Equity | -10.48 | -0.31 |
| Return On Asset | -5.26 | -0.14 |
| Current Valuation | 1.15 M | 16.62 B |
| Shares Outstanding | 53.68 M | 571.82 M |
| Shares Owned By Insiders | 55.50 % | 10.09 % |
| Number Of Shares Shorted | 117 | 4.71 M |
| Price To Earning | 35.00 X | 28.72 X |
| Price To Book | 20.04 X | 9.51 X |
| Price To Sales | 7,992 X | 11.42 X |
| Gross Profit | 11 | 27.38 B |
| EBITDA | (307.39 K) | 3.9 B |
| Net Income | (351.6 K) | 570.98 M |
| Cash And Equivalents | 15.45 K | 2.7 B |
| Total Debt | 137.67 K | 5.32 B |
| Current Ratio | 1.49 X | 2.16 X |
| Book Value Per Share | (0) X | 1.93 K |
| Cash Flow From Operations | (325.14 K) | 971.22 M |
| Short Ratio | 0.09 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Beta | -0.15 | -0.15 |
| Market Capitalization | 1.07 M | 19.03 B |
| Total Asset | 84.36 K | 29.47 B |
| Retained Earnings | (23.86 M) | 9.33 B |
| Working Capital | 21.21 K | 1.48 B |
| Net Asset | 84.36 K |
Wescan Goldfields Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wescan . With many 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.
About Wescan Goldfields Buy or Sell Advice
When is the right time to buy or sell Wescan Goldfields? Buying financial instruments such as Wescan Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Wescan Stock Analysis
When running Wescan Goldfields' price analysis, check to measure Wescan Goldfields' 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 Wescan Goldfields is operating at the current time. Most of Wescan Goldfields' value examination focuses on studying past and present price action to predict the probability of Wescan Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wescan Goldfields' price. Additionally, you may evaluate how the addition of Wescan Goldfields to your portfolios can decrease your overall portfolio volatility.