Western Copper And Stock Alpha and Beta Analysis
| WRN Stock | USD 1.12 0.01 0.88% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Western Copper and. It also helps investors analyze the systematic and unsystematic risks associated with investing in Western Copper over a specified time horizon. Remember, high Western Copper's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Western Copper's market risk premium analysis include:
Beta 0.89 | Alpha (0.10) | Risk 2.78 | Sharpe Ratio (0) | Expected Return (0) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Western |
Western Copper Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Western Copper market risk premium is the additional return an investor will receive from holding Western Copper long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Western Copper. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Western Copper's performance over market.| α | -0.1 | β | 0.89 |
Western Copper expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Western Copper's Buy-and-hold return. Our buy-and-hold chart shows how Western Copper performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Western Copper Market Price Analysis
Market price analysis indicators help investors to evaluate how Western Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Copper shares will generate the highest return on investment. By understating and applying Western Copper stock market price indicators, traders can identify Western Copper position entry and exit signals to maximize returns.
Western Copper Return and Market Media
The median price of Western Copper for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 1.17 with a coefficient of variation of 4.68. The daily time series for the period is distributed with a sample standard deviation of 0.06, arithmetic mean of 1.18, and mean deviation of 0.05. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Western Copper and Gold Corp Quote - Press Release - The Globe and Mail | 09/27/2024 |
2 | Financial Comparison Western Copper Gold American Lithium | 10/29/2024 |
3 | White Gold Corp. Announces Significant Increase in Mineral Resources to 1,203,000 oz Gold ... | 11/19/2024 |
About Western Copper Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Western or other stocks. Alpha measures the amount that position in Western Copper has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | PB Ratio | 3.33 | 2.01 | 1.9 | Capex To Depreciation | 124.64 | 96.18 | 91.37 |
Western Copper Upcoming Company Events
As portrayed in its financial statements, the presentation of Western Copper's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Western Copper's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Western Copper's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Western Copper. Please utilize our Beneish M Score to check the likelihood of Western Copper's management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Western Copper
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Align your risk with return expectations
Check out Western Copper Backtesting, Western Copper Valuation, Western Copper Correlation, Western Copper Hype Analysis, Western Copper Volatility, Western Copper History and analyze Western Copper Performance. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Western Copper technical stock 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, stock market cycles, or different charting patterns.