Westbridge Energy Stock Price on May 17, 2024
WEGYF Stock | USD 0.55 0.01 1.79% |
If you're considering investing in Westbridge OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Westbridge Energy stands at 0.55, as last reported on the 12th of December 2024, with the highest price reaching 0.55 and the lowest price hitting 0.55 during the day. Westbridge Energy shows Sharpe Ratio of -0.0202, which attests that the company had a -0.0202% return per unit of risk over the last 3 months. Westbridge Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Westbridge Energy's Mean Deviation of 0.9213, standard deviation of 1.92, and Market Risk Adjusted Performance of (0.36) to validate the risk estimate we provide.
Westbridge OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Westbridge |
Sharpe Ratio = -0.0202
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Estimated Market Risk
1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Westbridge Energy 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 Westbridge Energy by adding Westbridge Energy to a well-diversified portfolio.
Westbridge Energy Valuation on May 17, 2024
It is possible to determine the worth of Westbridge Energy on a given historical date. On May 17, 2024 Westbridge was worth 0.63 at the beginning of the trading date compared to the closed value of 0.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westbridge Energy otc stock. Still, in general, we apply an absolute valuation method to find Westbridge Energy'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 Westbridge Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westbridge Energy's related companies.
Open | High | Low | Close | Volume | |
0.62 | 0.62 | 0.62 | 0.62 | 1,000.00 | |
05/17/2024 | 0.63 | 0.66 | 0.63 | 0.66 | 9,900 |
0.67 | 0.67 | 0.66 | 0.66 | 350.00 |
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Westbridge Energy Trading Date Momentum on May 17, 2024
On May 20 2024 Westbridge Energy was traded for 0.66 at the closing time. The highest daily price throughout the period was 0.67 and the lowest price was 0.66 . The daily volume was 350. The net trading volume on 05/20/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 3.03% . |
Westbridge Energy Fundamentals Correlations and Trends
By evaluating Westbridge Energy'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 Westbridge Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westbridge Energy OTC Stock history
Westbridge Energy 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 Westbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westbridge Energy 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 Westbridge Energy stock prices may prove useful in developing a viable investing in Westbridge Energy
Westbridge Energy Corporation engages in the acquisition and development of solar photovoltaic projects in Canada and the United States. It also holds 100 percent interest in the Accalia project, a 221MWp solar PV plant covering an area of approximately 1,120 acres located in Cameron County, Texas and 75 percent interest in the Sunnynook Project, a 236MWp solar PV plant with a 100MW battery energy storage system covering an area of approximately 940 acres located in Sunnynook, Alberta, Canada. Westbridge Renewable operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange.
Westbridge Energy OTC Stock Technical Analysis
Westbridge Energy technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Westbridge Energy Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Westbridge Energy cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Westbridge Energy December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Westbridge Energy otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westbridge Energy shares will generate the highest return on investment. By undertsting and applying Westbridge Energy otc stock market strength indicators, traders can identify Westbridge Energy entry and exit signals to maximize returns
Westbridge Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westbridge Energy's price direction in advance. Along with the technical and fundamental analysis of Westbridge OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westbridge 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.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | (0.37) |
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Complementary Tools for Westbridge OTC Stock analysis
When running Westbridge Energy's price analysis, check to measure Westbridge Energy'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 Westbridge Energy is operating at the current time. Most of Westbridge Energy's value examination focuses on studying past and present price action to predict the probability of Westbridge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbridge Energy's price. Additionally, you may evaluate how the addition of Westbridge Energy to your portfolios can decrease your overall portfolio volatility.
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