West Red Lake Stock Price on December 6, 2024
WRLGF Stock | 0.41 0.01 2.38% |
If you're considering investing in West OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of West Red stands at 0.41, as last reported on the 8th of January, with the highest price reaching 0.44 and the lowest price hitting 0.41 during the day. West Red Lake shows Sharpe Ratio of -0.16, which attests that the company had a -0.16% return per unit of risk over the last 3 months. West Red Lake exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out West Red's Standard Deviation of 2.96, market risk adjusted performance of 1.35, and Mean Deviation of 2.21 to validate the risk estimate we provide.
West OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
West |
Sharpe Ratio = -0.1594
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | WRLGF |
Estimated Market Risk
3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average West Red is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of West Red by adding West Red to a well-diversified portfolio.
Related Headline
Vita Coco Headline on 6th of December 2024
Disposition of 5000 shares by Martin Roper of Vita Coco at 3... by investing.com
Filed transaction by Vita Coco Director, Officer: Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
West Red Valuation on December 6, 2024
It is possible to determine the worth of West Red on a given historical date. On December 6, 2024 West was worth 0.39 at the beginning of the trading date compared to the closed value of 0.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of West Red otc stock. Still, in general, we apply an absolute valuation method to find West Red's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of West Red where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against West Red's related companies.
Open | High | Low | Close | Volume | |
0.38 | 0.41 | 0.38 | 0.39 | 345,377 | |
12/06/2024 | 0.39 | 0.40 | 0.38 | 0.40 | 477,065 |
0.40 | 0.43 | 0.40 | 0.40 | 373,426 |
Backtest West Red | | | West Red History | | | West Red Valuation | Previous | Next |
West Red Trading Date Momentum on December 6, 2024
On December 09 2024 West Red Lake was traded for 0.40 at the closing time. The highest daily price throughout the period was 0.43 and the lowest price was 0.40 . The daily volume was 373.4 K. The net trading volume on 12/09/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 5.00% . |
West Red Lake Fundamentals Correlations and Trends
By evaluating West Red's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among West Red's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. West financial account trend analysis is a perfect complement when working with valuation or volatility modules.About West Red OTC Stock history
West Red investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for West is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in West Red Lake will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing West Red stock prices may prove useful in developing a viable investing in West Red
West Red OTC Stock Technical Analysis
West Red technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
West Red Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
West Red Lake cannot be verified against its exchange. Please verify the symbol is currently traded on OTCGREY Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
West Red January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how West Red otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading West Red shares will generate the highest return on investment. By undertsting and applying West Red otc stock market strength indicators, traders can identify West Red Lake entry and exit signals to maximize returns
West Red Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for West Red's price direction in advance. Along with the technical and fundamental analysis of West OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of West to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | 1.34 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for West OTC Stock analysis
When running West Red's price analysis, check to measure West Red'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 Red is operating at the current time. Most of West Red's value examination focuses on studying past and present price action to predict the probability of West Red'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 Red's price. Additionally, you may evaluate how the addition of West Red to your portfolios can decrease your overall portfolio volatility.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |