West Canyon Energy Stock Current Valuation
| WCYN Stock | USD 0.0002 0.00 0.000005% |
Valuation analysis of West Canyon Energy helps investors to measure West Canyon's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 16th of December 2024, Total Cashflows From Investing Activities is likely to grow to about 1.8 M, while Cash is likely to drop about 32.8 K. Fundamental drivers impacting West Canyon's valuation include:
Price Book 0.4312 | Enterprise Value 111 K | Enterprise Value Ebitda (0.42) |
Overvalued
Today
Please note that West Canyon's price fluctuation is very steady at this time. Calculation of the real value of West Canyon Energy is based on 3 months time horizon. Increasing West Canyon's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since West Canyon is currently traded on the exchange, buyers and sellers on that exchange determine the market value of West Stock. However, West Canyon's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 2.0E-4 | Real 1.68E-4 | Hype 2.0E-4 | Naive 2.0E-4 |
The intrinsic value of West Canyon's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence West Canyon's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of West Canyon Energy helps investors to forecast how West stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of West Canyon more accurately as focusing exclusively on West Canyon's fundamentals will not take into account other important factors: West Canyon Energy Company Current Valuation Analysis
West Canyon's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current West Canyon Current Valuation | 111.03 K |
Most of West Canyon's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, West Canyon Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, West Canyon Energy has a Current Valuation of 111.03 K. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
West Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses West Canyon's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of West Canyon could also be used in its relative valuation, which is a method of valuing West Canyon by comparing valuation metrics of similar companies.West Canyon is currently under evaluation in current valuation category among its peers.
West Fundamentals
| Return On Asset | -1.33 | ||||
| Current Valuation | 111.03 K | ||||
| Shares Outstanding | 22.21 M | ||||
| Shares Owned By Institutions | 7.02 % | ||||
| Price To Earning | (0.03) X | ||||
| Price To Book | 0.43 X | ||||
| EBITDA | 729.9 K | ||||
| Net Income | (2.53 M) | ||||
| Cash And Equivalents | 1.74 K | ||||
| Total Debt | 1.19 M | ||||
| Debt To Equity | 1.44 % | ||||
| Book Value Per Share | (0.07) X | ||||
| Cash Flow From Operations | (273.2 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 18.36 | ||||
| Market Capitalization | 111.03 K | ||||
| Total Asset | 30.04 K | ||||
| Retained Earnings | (7.95 M) | ||||
| Working Capital | (1.6 M) | ||||
| Current Asset | 2 K | ||||
| Current Liabilities | 1.6 M | ||||
| Net Asset | 30.04 K |
About West Canyon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze West Canyon Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of West Canyon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of West Canyon Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with West Canyon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if West Canyon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in West Canyon will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to West Canyon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace West Canyon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back West Canyon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling West Canyon Energy to buy it.
The correlation of West Canyon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as West Canyon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if West Canyon Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for West Canyon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out West Canyon Piotroski F Score and West Canyon Altman Z Score analysis. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Canyon. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Canyon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (1.33) |
The market value of West Canyon Energy is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Canyon's value that differs from its market value or its book value, called intrinsic value, which is West Canyon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Canyon's market value can be influenced by many factors that don't directly affect West Canyon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between West Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Canyon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.