Western Financial Statements From 2010 to 2025
| WEF Stock | CAD 0.44 0.01 2.22% |
Check Western Forest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Forest's main balance sheet or income statement drivers, such as , as well as many indicators such as . Western financial statements analysis is a perfect complement when working with Western Forest Valuation or Volatility modules.
Western |
Western Forest Products Company Shares Outstanding Analysis
Western Forest's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Western Forest Shares Outstanding | 316.75 M |
Most of Western Forest's fundamental indicators, such as Shares Outstanding, 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, Western Forest Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Western Forest Products has 316.75 M of shares currently outstending. This is 48.44% lower than that of the Paper & Forest Products sector and 97.44% higher than that of the Materials industry. The shares outstanding for all Canada stocks is 44.61% higher than that of the company.
Western Forest Products Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Western Forest's current stock value. Our valuation model uses many indicators to compare Western Forest value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Forest competition to find correlations between indicators driving Western Forest's intrinsic value. More Info.Western Forest Products is rated fourth in return on equity category among its peers. It is rated fourth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Forest by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Forest's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Western Forest Financial Statements
Western Forest investors utilize fundamental indicators, such as revenue or net income, to predict how Western Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Western Forest Products Inc. operates as an integrated forest products company. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. WESTERN FOREST operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 2210 people.
Pair Trading with Western Forest
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 Western Forest 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 Western Forest will appreciate offsetting losses from the drop in the long position's value.Moving against Western Stock
The ability to find closely correlated positions to Western Forest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Forest 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 Western Forest - 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 Western Forest Products to buy it.
The correlation of Western Forest 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 Western Forest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Forest Products 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 Western Forest 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.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.