We were able to interpolate twenty-six available indicators for Westbridge Energy, which can be compared to its rivals. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Westbridge Energy to be traded at C$0.7857 in 90 days. Key indicators impacting Westbridge Energy's financial strength include:
Understanding current and past Westbridge Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westbridge Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Westbridge Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Westbridge Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Westbridge Energy. Check Westbridge Energy's Beneish M Score to see the likelihood of Westbridge Energy's management manipulating its earnings.
Westbridge Energy Stock Summary
Westbridge Energy competes with Tower Resources, InZinc Mining, and Thesis Gold. Westbridge Energy Corporation engages in the acquisition and development of oil and gas properties. The company was incorporated in 1956 and is based in Vancouver, Canada. Westbridge Energy is traded on TSX Venture Exchange in Canada.
You should never invest in Westbridge Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Westbridge Stock, because this is throwing your money away. Analyzing the key information contained in Westbridge Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Westbridge Energy Key Financial Ratios
There are many critical financial ratios that Westbridge Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Westbridge Energy reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Westbridge Energy's current stock value. Our valuation model uses many indicators to compare Westbridge Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westbridge Energy competition to find correlations between indicators driving Westbridge Energy's intrinsic value. More Info.
Westbridge Energy is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Westbridge Energy's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westbridge Energy's earnings, one of the primary drivers of an investment's value.
Westbridge Energy Systematic Risk
Westbridge Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westbridge Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Westbridge Energy correlated with the market. If Beta is less than 0 Westbridge Energy generally moves in the opposite direction as compared to the market. If Westbridge Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westbridge Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westbridge Energy is generally in the same direction as the market. If Beta > 1 Westbridge Energy moves generally in the same direction as, but more than the movement of the benchmark.
Westbridge Energy Total Assets Over Time
Today, most investors in Westbridge Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Westbridge Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Westbridge Energy growth as a starting point in their analysis.
Westbridge Energy December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Westbridge Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westbridge Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westbridge Energy based on widely used predictive technical indicators. In general, we focus on analyzing Westbridge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westbridge Energy's daily price indicators and compare them against related drivers.
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.