West African Financials
| WFRSF Stock | USD 0.99 0.05 5.32% |
West |
Understanding current and past West African Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of West African's financial statements are interrelated, with each one affecting the others. For example, an increase in West African's assets may result in an increase in income on the income statement.
West African Stock Summary
West African competes with Harmony Gold, AngloGold Ashanti, Gold Fields, Kinross Gold, and Northern Star. West African Resources Limited engages in the acquisition, exploration, and development of gold projects in West Africa. West African Resources Limited was incorporated in 2006 and is based in Subiaco, Australia. West African operates under Gold classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 1 Alvan Street, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.westafricanresources.com |
| Phone | 61 8 9481 7344 |
| Currency | USD - US Dollar |
West African Key Financial Ratios
There are many critical financial ratios that West African's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that West African Resources reports annually and quarterly.West Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining West African's current stock value. Our valuation model uses many indicators to compare West African value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across West African competition to find correlations between indicators driving West African's intrinsic value. More Info.West African Resources is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.67 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for West African Resources is roughly 1.49 . 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 West African's earnings, one of the primary drivers of an investment's value.West African Resources Systematic Risk
West African's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. West African 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on West African Resources correlated with the market. If Beta is less than 0 West African generally moves in the opposite direction as compared to the market. If West African Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one West African Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of West African is generally in the same direction as the market. If Beta > 1 West African moves generally in the same direction as, but more than the movement of the benchmark.
West African Thematic Clasifications
West African Resources is part of Gold and Gold Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. Get More Thematic Ideas
| Gold and Gold Mining | View |
West African November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of West African help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of West African Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of West African Resources based on widely used predictive technical indicators. In general, we focus on analyzing West Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build West African's daily price indicators and compare them against related drivers.
| Downside Deviation | 9.03 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 37.65 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 8.87 |
Complementary Tools for West Pink Sheet analysis
When running West African's price analysis, check to measure West African'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 West African is operating at the current time. Most of West African's value examination focuses on studying past and present price action to predict the probability of West African's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West African's price. Additionally, you may evaluate how the addition of West African to your portfolios can decrease your overall portfolio volatility.
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