Westhaven Ventures Stock Probability of Future Stock Price Finishing Under 0.31
| WHN Stock | CAD 0.11 0.00 0.00% |
Westhaven |
Westhaven Ventures Target Price Odds to finish below 0.31
The tendency of Westhaven Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under C$ 0.31 after 90 days |
| 0.11 | 90 days | 0.31 | close to 99 |
Based on a normal probability distribution, the odds of Westhaven Ventures to stay under C$ 0.31 after 90 days from now is close to 99 (This Westhaven Ventures probability density function shows the probability of Westhaven Stock to fall within a particular range of prices over 90 days) . Probability of Westhaven Ventures price to stay between its current price of C$ 0.11 and C$ 0.31 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days horizon Westhaven Ventures has a beta of 0.81. This entails as returns on the market go up, Westhaven Ventures average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Westhaven Ventures will be expected to be much smaller as well. Additionally Westhaven Ventures has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Westhaven Ventures Price Density |
| Price |
Predictive Modules for Westhaven Ventures
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westhaven Ventures. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Westhaven Ventures Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westhaven Ventures is not an exception. The market had few large corrections towards the Westhaven Ventures' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Westhaven Ventures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westhaven Ventures within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | 0.81 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.08 |
Westhaven Ventures Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Westhaven Ventures for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westhaven Ventures can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Westhaven Ventures generated a negative expected return over the last 90 days | |
| Westhaven Ventures has high historical volatility and very poor performance | |
| Westhaven Ventures has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.64 M) with loss before overhead, payroll, taxes, and interest of (2.09 K). | |
| Westhaven Ventures has accumulated about 11.37 M in cash with (1.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 18.0% of the company outstanding shares are owned by insiders |
Westhaven Ventures Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Westhaven Stock often depends not only on the future outlook of the current and potential Westhaven Ventures' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Westhaven Ventures' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 132.6 M | |
| Cash And Short Term Investments | 1.2 M |
Westhaven Ventures Technical Analysis
Westhaven Ventures' future price can be derived by breaking down and analyzing its technical indicators over time. Westhaven Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westhaven Ventures. In general, you should focus on analyzing Westhaven Stock price patterns and their correlations with different microeconomic environments and drivers.
Westhaven Ventures Predictive Forecast Models
Westhaven Ventures' time-series forecasting models is one of many Westhaven Ventures' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Westhaven Ventures' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Westhaven Ventures
Checking the ongoing alerts about Westhaven Ventures for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westhaven Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Westhaven Ventures generated a negative expected return over the last 90 days | |
| Westhaven Ventures has high historical volatility and very poor performance | |
| Westhaven Ventures has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.64 M) with loss before overhead, payroll, taxes, and interest of (2.09 K). | |
| Westhaven Ventures has accumulated about 11.37 M in cash with (1.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 18.0% of the company outstanding shares are owned by insiders |
Additional Tools for Westhaven Stock Analysis
When running Westhaven Ventures' price analysis, check to measure Westhaven Ventures' 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 Westhaven Ventures is operating at the current time. Most of Westhaven Ventures' value examination focuses on studying past and present price action to predict the probability of Westhaven Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westhaven Ventures' price. Additionally, you may evaluate how the addition of Westhaven Ventures to your portfolios can decrease your overall portfolio volatility.