Western Forest Products Stock Buy Hold or Sell Recommendation
| WEF Stock | CAD 0.45 0.02 4.26% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Western Forest Products is 'Cautious Hold'. The recommendation algorithm takes into account all of Western Forest's available fundamental, technical, and predictive indicators you will find on this site.
Check out Western Forest Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Western and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Western Forest Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Western |
Execute Western Forest Buy or Sell Advice
The Western recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Western Forest Products. Macroaxis does not own or have any residual interests in Western Forest Products or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Western Forest's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Western Forest Trading Alerts and Improvement Suggestions
| Western Forest has some characteristics of a very speculative penny stock | |
| Western Forest had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.02 B. Net Loss for the year was (70.1 M) with profit before overhead, payroll, taxes, and interest of 253.3 M. | |
| Western Forest Products has accumulated about 15.8 M in cash with (33.8 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Western Forest Products Stock Price Passes Above Two Hundred Day Moving Average - Whats Next - MarketBeat |
Western Forest Returns Distribution Density
The distribution of Western Forest's historical returns is an attempt to chart the uncertainty of Western Forest's future price movements. The chart of the probability distribution of Western Forest daily returns describes the distribution of returns around its average expected value. We use Western Forest Products price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Western Forest returns is essential to provide solid investment advice for Western Forest.
| Mean Return | 0.07 | Value At Risk | -6.12 | Potential Upside | 6.00 | Standard Deviation | 3.68 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Western Forest historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Western Forest Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 49.6M | (45.9M) | (28.8M) | (12.8M) | 8.8M | 9.2M | |
| Change In Cash | (6.3M) | 800K | 127.1M | (114.2M) | (13.5M) | (12.8M) | |
| Free Cash Flow | (26.7M) | 61.7M | 248.5M | (56.8M) | (78.2M) | (74.3M) | |
| Depreciation | 45.4M | 53.5M | 50.9M | 50.2M | 53.7M | 39.1M | |
| Other Non Cash Items | (10.4M) | 23.8M | (20.4M) | (99.5M) | (9M) | (9.5M) | |
| Capital Expenditures | 37.2M | 18.7M | 33.1M | 46.5M | 44.4M | 40.5M | |
| Net Income | (46.7M) | 33.4M | 202.8M | 61.8M | (70.1M) | (66.6M) | |
| End Period Cash Flow | 2.1M | 2.9M | 130M | 15.8M | 2.3M | 2.2M | |
| Net Borrowings | 102M | (50.7M) | (79.8M) | (7.5M) | (6.8M) | (7.1M) | |
| Dividends Paid | 34M | 8.4M | 14.3M | 15.3M | 11.9M | 18.9M | |
| Change To Netincome | (28.9M) | 7.9M | 52M | (96.9M) | (87.2M) | (82.8M) | |
| Investments | (63.2M) | (14.5M) | 38.7M | (59.9M) | (39.5M) | (41.5M) |
Western Forest Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Western Forest or Paper & Forest Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Western Forest's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Western stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -1.21 | |
σ | Overall volatility | 3.71 | |
Ir | Information ratio | -0.02 |
Western Forest Volatility Alert
Western Forest Products shows above-average downside volatility for the selected time horizon. Western Forest Products is a potential penny stock. Although Western Forest may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Western Forest Products. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Western instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Western Forest Fundamentals Vs Peers
Comparing Western Forest's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Western Forest's direct or indirect competition across all of the common fundamentals between Western Forest and the related equities. This way, we can detect undervalued stocks with similar characteristics as Western Forest or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Western Forest's fundamental indicators could also be used in its relative valuation, which is a method of valuing Western Forest by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Western Forest to competition |
| Fundamentals | Western Forest | Peer Average |
| Return On Equity | -0.0829 | -0.31 |
| Return On Asset | -0.0428 | -0.14 |
| Profit Margin | (0.04) % | (1.27) % |
| Operating Margin | (0.10) % | (5.51) % |
| Current Valuation | 246.44 M | 16.62 B |
| Shares Outstanding | 316.75 M | 571.82 M |
| Shares Owned By Insiders | 0.60 % | 10.09 % |
| Shares Owned By Institutions | 42.64 % | 39.21 % |
| Number Of Shares Shorted | 1.74 M | 4.71 M |
| Price To Earning | 21.40 X | 28.72 X |
| Price To Book | 0.26 X | 9.51 X |
| Price To Sales | 0.14 X | 11.42 X |
| Revenue | 1.02 B | 9.43 B |
| Gross Profit | 253.3 M | 27.38 B |
| EBITDA | (35.1 M) | 3.9 B |
| Net Income | (70.1 M) | 570.98 M |
| Cash And Equivalents | 15.8 M | 2.7 B |
| Total Debt | 104.6 M | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Current Ratio | 2.14 X | 2.16 X |
| Book Value Per Share | 1.75 X | 1.93 K |
| Cash Flow From Operations | (33.8 M) | 971.22 M |
| Short Ratio | 3.19 X | 4.00 X |
| Earnings Per Share | (0.14) X | 3.12 X |
| Price To Earnings To Growth | 0.73 X | 4.89 X |
| Target Price | 0.56 | |
| Beta | 1.86 | -0.15 |
| Market Capitalization | 148.87 M | 19.03 B |
| Total Asset | 915.4 M | 29.47 B |
| Retained Earnings | 148.9 M | 9.33 B |
| Working Capital | 213.9 M | 1.48 B |
| Current Asset | 250.7 M | 9.34 B |
| Current Liabilities | 108.9 M | 7.9 B |
Western Forest Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Western . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Western Forest Buy or Sell Advice
When is the right time to buy or sell Western Forest Products? Buying financial instruments such as Western Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.