Westgold Resources (Australia) Buy Hold or Sell Recommendation
| WGX Stock | 2.87 0.06 2.14% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Westgold Resources is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Westgold Resources given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Westgold Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Westgold Resources 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. Note, we conduct extensive research on individual companies such as Westgold and provide practical buy, sell, or hold advice based on investors' constraints. Westgold Resources. 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.
Westgold |
Execute Westgold Resources Buy or Sell Advice
The Westgold recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Westgold Resources. Macroaxis does not own or have any residual interests in Westgold Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Westgold Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
3 Months |
Risk Tolerance
I am an educated risk taker |
 |  |
Sell
Market Performance | Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Westgold Resources Trading Alerts and Improvement Suggestions
| Westgold Resources had very high historical volatility over the last 90 days | |
| About 65.0% of the company outstanding shares are owned by institutional investors |
Westgold Resources Returns Distribution Density
The distribution of Westgold Resources' historical returns is an attempt to chart the uncertainty of Westgold Resources' future price movements. The chart of the probability distribution of Westgold Resources daily returns describes the distribution of returns around its average expected value. We use Westgold Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Westgold Resources returns is essential to provide solid investment advice for Westgold Resources.
| Mean Return | 0.07 |
| Value At Risk | -4.31 |
| Potential Upside | 3.95 |
| Standard Deviation | 3.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Westgold Resources 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.
Westgold Resources 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 Westgold Resources or Metals & Mining 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 Westgold Resources' 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 Westgold 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 | 0.08 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 3.55 | |
Ir | Information ratio | 0.02 |
Westgold Resources Volatility Alert
Westgold Resources shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Westgold Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Westgold Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Westgold Resources Fundamentals Vs Peers
Comparing Westgold Resources' 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 Westgold Resources' direct or indirect competition across all of the common fundamentals between Westgold Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Westgold Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Westgold Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Westgold Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Westgold Resources to competition |
| Fundamentals | Westgold Resources | Peer Average |
| Return On Equity | 0.0187 | -0.31 |
| Return On Asset | 0.0522 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.15 % | (5.51) % |
| Current Valuation | 2.66 B | 16.62 B |
| Shares Outstanding | 943.11 M | 571.82 M |
| Shares Owned By Insiders | 4.75 % | 10.09 % |
| Shares Owned By Institutions | 64.59 % | 39.21 % |
| Price To Book | 1.39 X | 9.51 X |
| Price To Sales | 2.78 X | 11.42 X |
| Revenue | 716.47 M | 9.43 B |
| Gross Profit | 211.15 M | 27.38 B |
| EBITDA | 279.25 M | 3.9 B |
| Net Income | 95.23 M | 570.98 M |
| Total Debt | 54.61 M | 5.32 B |
| Book Value Per Share | 2.02 X | 1.93 K |
| Cash Flow From Operations | 351.74 M | 971.22 M |
| Earnings Per Share | 0.20 X | 3.12 X |
| Target Price | 3.78 | |
| Number Of Employees | 1.07 K | 18.84 K |
| Beta | 0.67 | -0.15 |
| Market Capitalization | 2.72 B | 19.03 B |
| Total Asset | 1.05 B | 29.47 B |
| Retained Earnings | 27.42 M | 9.33 B |
| Working Capital | 138.41 M | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 1.05 B | |
| Last Dividend Paid | 0.013 |
Westgold Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Westgold . 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 Westgold Resources Buy or Sell Advice
When is the right time to buy or sell Westgold Resources? Buying financial instruments such as Westgold 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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Additional Tools for Westgold Stock Analysis
When running Westgold Resources' price analysis, check to measure Westgold Resources' 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 Westgold Resources is operating at the current time. Most of Westgold Resources' value examination focuses on studying past and present price action to predict the probability of Westgold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westgold Resources' price. Additionally, you may evaluate how the addition of Westgold Resources to your portfolios can decrease your overall portfolio volatility.