West Fraser Timber Stock Price Prediction
| WFG Stock | CAD 133.70 1.28 0.97% |
Oversold Vs Overbought
49
Oversold | Overbought |
Quarterly Earnings Growth (0.27) | EPS Estimate Next Quarter 1.61 | EPS Estimate Current Year 0.5001 | EPS Estimate Next Year 4.8715 | Wall Street Target Price 104.238 |
Using West Fraser hype-based prediction, you can estimate the value of West Fraser Timber from the perspective of West Fraser response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in West Fraser to buy its stock at a price that has no basis in reality. In that case, they are not buying West because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
West Fraser after-hype prediction price | CAD 134.02 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
West |
West Fraser After-Hype Price Prediction Density Analysis
As far as predicting the price of West Fraser at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in West Fraser or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of West Fraser, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
West Fraser Estimiated After-Hype Price Volatility
In the context of predicting West Fraser's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on West Fraser's historical news coverage. West Fraser's after-hype downside and upside margins for the prediction period are 132.33 and 135.71, respectively. We have considered West Fraser's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
West Fraser is very steady at this time. Analysis and calculation of next after-hype price of West Fraser Timber is based on 3 months time horizon.
West Fraser Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as West Fraser is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading West Fraser backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with West Fraser, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.21 | 1.70 | 0.29 | 0.06 | 3 Events / Month | 1 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
133.70 | 134.02 | 0.24 |
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West Fraser Hype Timeline
West Fraser Timber is at this time traded for 133.70on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.29, and average elasticity to hype of competition of -0.06. West is forecasted to increase in value after the next headline, with the price projected to jump to 134.02 or above. The average volatility of media hype impact on the company the price is about 122.3%. The price boost on the next news is estimated to be 0.24%, whereas the daily expected return is at this time at 0.21%. The volatility of related hype on West Fraser is about 601.77%, with the expected price after the next announcement by competition of 133.64. The company reported the revenue of 6.45 B. Net Loss for the year was (167 M) with profit before overhead, payroll, taxes, and interest of 4.56 B. Assuming the 90 days trading horizon the next forecasted press release will be in about 3 days. Check out West Fraser Basic Forecasting Models to cross-verify your projections.West Fraser Related Hype Analysis
Having access to credible news sources related to West Fraser's direct competition is more important than ever and may enhance your ability to predict West Fraser's future price movements. Getting to know how West Fraser's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how West Fraser may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| IFP | Interfor Corp | 0.13 | 2 per month | 1.76 | 0.06 | 4.62 | (3.26) | 12.77 | |
| CFP | Canfor | (0.64) | 2 per month | 1.47 | 0.05 | 4.48 | (2.59) | 10.80 | |
| SJ | Stella Jones | (0.55) | 2 per month | 0.00 | (0.20) | 2.50 | (2.36) | 17.72 | |
| WEF | Western Forest Products | (0.07) | 2 per month | 3.36 | (0.02) | 6.00 | (6.12) | 20.91 |
West Fraser Additional Predictive Modules
Most predictive techniques to examine West price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for West using various technical indicators. When you analyze West charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About West Fraser Predictive Indicators
The successful prediction of West Fraser stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as West Fraser Timber, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of West Fraser based on analysis of West Fraser hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to West Fraser's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to West Fraser's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00721 | 0.0146 | 0.0141 | 0.0113 | Price To Sales Ratio | 0.99 | 0.7 | 1.1 | 0.73 |
Story Coverage note for West Fraser
The number of cover stories for West Fraser depends on current market conditions and West Fraser's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that West Fraser is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about West Fraser's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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West Fraser Short Properties
West Fraser's future price predictability will typically decrease when West Fraser's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of West Fraser Timber often depends not only on the future outlook of the potential West Fraser's 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. West Fraser's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.2 M | |
| Cash And Short Term Investments | 900 M |
Check out West Fraser Basic Forecasting Models to cross-verify your projections. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.