Western Forest Products Stock Price on December 16, 2022

WEF Stock  CAD 0.44  0.01  2.22%   
Below is the normalized historical share price chart for Western Forest Products extending back to August 03, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Forest stands at 0.44, as last reported on the 4th of December, with the highest price reaching 0.46 and the lowest price hitting 0.43 during the day.
200 Day MA
0.5065
50 Day MA
0.4976
Beta
1.859
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. As of now, Western Stock is out of control. Western Forest Products shows Sharpe Ratio of 0.009, which attests that the company had a 0.009% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western Forest Products, which you can use to evaluate the volatility of the company. Please check out Western Forest's Downside Deviation of 4.54, mean deviation of 2.7, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0336%.
  
At this time, Western Forest's Common Stock Shares Outstanding is very stable compared to the past year. As of the 4th of December 2024, Other Stockholder Equity is likely to grow to about 14.1 M, while Total Stockholder Equity is likely to drop about 467.4 M. . At this time, Western Forest's Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.02, though Price Earnings Ratio is likely to grow to (3.12). Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.009

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Estimated Market Risk

 3.72
  actual daily
33
67% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Western Forest is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Forest by adding Western Forest to a well-diversified portfolio.
Price Book
0.2509
Enterprise Value Ebitda
(8.15)
Price Sales
0.1344
Shares Float
314.2 M
Wall Street Target Price
0.5625

Western Forest Main Headline on 16th of December 2022

Western Forest Products dividend paid on 16th of December 2022

Western Forest Valuation on December 16, 2022

It is possible to determine the worth of Western Forest on a given historical date. On December 16, 2022 Western was worth 1.1 at the beginning of the trading date compared to the closed value of 1.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Forest stock. Still, in general, we apply an absolute valuation method to find Western Forest's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Western Forest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Forest's related companies.
 Open High Low Close Volume
  1.09    1.11    1.08    1.11    530,998  
12/16/2022
  1.10    1.13    1.08    1.13    996,913  
  1.12    1.13    1.09    1.13    1,575,571  
Backtest Western Forest  |  Western Forest History  |  Western Forest Valuation   PreviousNext  
Open Value
1.1
1.13
Closing Value
12.27
Upside

Western Forest Trading Date Momentum on December 16, 2022

On December 19 2022 Western Forest Products was traded for  1.13  at the closing time. The maximum traded price for the trading interval was 1.13  and the lowest daily price was  1.09 . The daily volume was recorded at 1.6 M. The volume of trading on 19th of December 2022 had no short-term effect on price fluctuation. The trading price change to the closing price today is 3.54% .

Western Forest Products Fundamentals Correlations and Trends

By evaluating Western Forest's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Western Forest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Western Forest Stock history

Western Forest investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Forest Products will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Western Forest stock prices may prove useful in developing a viable investing in Western Forest
Last ReportedProjected for Next Year
Common Stock Shares Outstanding316.7 M367.3 M
Net Income Applicable To Common Shares55.5 M60.4 M

Western Forest Quarterly Net Working Capital

213.4 Million

Western Forest Stock Technical Analysis

Western Forest 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.
A focus of Western Forest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Western Forest trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Western Forest Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Western Forest Products cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Western Forest December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Western Forest 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 Forest shares will generate the highest return on investment. By undertsting and applying Western Forest stock market strength indicators, traders can identify Western Forest Products entry and exit signals to maximize returns

Western Forest Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Western Forest's price direction in advance. Along with the technical and fundamental analysis of Western Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.