WESTERN ENERGY's market value is the price at which a share of WESTERN ENERGY trades on a public exchange. It measures the collective expectations of WESTERN ENERGY SRV investors about its performance. WESTERN ENERGY is trading at 1.35 as of the 11th of March 2025. This is a 4.65% up since the beginning of the trading day. The stock's lowest day price was 1.35. With this module, you can estimate the performance of a buy and hold strategy of WESTERN ENERGY SRV and determine expected loss or profit from investing in WESTERN ENERGY over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. 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.
Symbol
WESTERN
WESTERN ENERGY 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to WESTERN ENERGY's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of WESTERN ENERGY.
0.00
02/09/2025
No Change 0.00
0.0
In 30 days
03/11/2025
0.00
If you would invest 0.00 in WESTERN ENERGY on February 9, 2025 and sell it all today you would earn a total of 0.00 from holding WESTERN ENERGY SRV or generate 0.0% return on investment in WESTERN ENERGY over 30 days.
WESTERN ENERGY Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure WESTERN ENERGY's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess WESTERN ENERGY SRV upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for WESTERN ENERGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WESTERN ENERGY's standard deviation. In reality, there are many statistical measures that can use WESTERN ENERGY historical prices to predict the future WESTERN ENERGY's volatility.
WESTERN ENERGY SRV shows Sharpe Ratio of -0.05, which attests that the company had a -0.05 % return per unit of risk over the last 3 months. WESTERN ENERGY SRV exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WESTERN ENERGY's Market Risk Adjusted Performance of (1.01), standard deviation of 4.45, and Mean Deviation of 2.75 to validate the risk estimate we provide. The firm maintains a market beta of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WESTERN ENERGY's returns are expected to increase less than the market. However, during the bear market, the loss of holding WESTERN ENERGY is expected to be smaller as well. At this point, WESTERN ENERGY SRV has a negative expected return of -0.22%. Please make sure to check out WESTERN ENERGY's day median price, price action indicator, as well as the relationship between the daily balance of power and skewness , to decide if WESTERN ENERGY SRV performance from the past will be repeated at future time.
Auto-correlation
0.92
Excellent predictability
WESTERN ENERGY SRV has excellent predictability. Overlapping area represents the amount of predictability between WESTERN ENERGY time series from 9th of February 2025 to 24th of February 2025 and 24th of February 2025 to 11th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WESTERN ENERGY SRV price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current WESTERN ENERGY price fluctuation can be explain by its past prices.
Correlation Coefficient
0.92
Spearman Rank Test
0.75
Residual Average
0.0
Price Variance
0.01
WESTERN ENERGY SRV lagged returns against current returns
Autocorrelation, which is WESTERN ENERGY stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting WESTERN ENERGY's stock expected returns. We can calculate the autocorrelation of WESTERN ENERGY returns to help us make a trade decision. For example, suppose you find that WESTERN ENERGY has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
WESTERN ENERGY regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If WESTERN ENERGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WESTERN ENERGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WESTERN ENERGY stock over time.
Current vs Lagged Prices
Timeline
WESTERN ENERGY Lagged Returns
When evaluating WESTERN ENERGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WESTERN ENERGY stock have on its future price. WESTERN ENERGY autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, WESTERN ENERGY autocorrelation shows the relationship between WESTERN ENERGY stock current value and its past values and can show if there is a momentum factor associated with investing in WESTERN ENERGY SRV.