Westbridge Energy Stock Market Value
| WEB Stock | CAD 0.84 0.04 4.55% |
| Symbol | Westbridge |
Westbridge 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 Westbridge 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 Westbridge Energy.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in Westbridge Energy on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Westbridge Energy or generate 0.0% return on investment in Westbridge Energy over 720 days. Westbridge Energy is related to or competes with Tower Resources, InZinc Mining, ATEX Resources, and Thesis Gold. Westbridge Energy Corporation engages in the acquisition and development of oil and gas properties More
Westbridge 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 Westbridge 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 Westbridge Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.33 | |||
| Information Ratio | 0.0479 | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 5.0 |
Westbridge Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westbridge Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Westbridge Energy's standard deviation. In reality, there are many statistical measures that can use Westbridge Energy historical prices to predict the future Westbridge Energy's volatility.| Risk Adjusted Performance | 0.039 | |||
| Jensen Alpha | 0.093 | |||
| Total Risk Alpha | 0.1895 | |||
| Sortino Ratio | 0.0387 | |||
| Treynor Ratio | (0.19) |
Westbridge Energy Backtested Returns
At this stage we consider Westbridge Stock to be dangerous. Westbridge Energy shows Sharpe Ratio of 0.043, which attests that the company had a 0.043 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Westbridge Energy, which you can use to evaluate the volatility of the company. Please check out Westbridge Energy's Mean Deviation of 1.88, market risk adjusted performance of (0.18), and Downside Deviation of 3.33 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Westbridge Energy has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of -0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Westbridge Energy are expected to decrease at a much lower rate. During the bear market, Westbridge Energy is likely to outperform the market. Westbridge Energy right now maintains a risk of 2.69%. Please check out Westbridge Energy potential upside and the relationship between the skewness and price action indicator , to decide if Westbridge Energy will be following its historical returns.
Auto-correlation | 0.30 |
Below average predictability
Westbridge Energy has below average predictability. Overlapping area represents the amount of predictability between Westbridge Energy time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Westbridge Energy price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Westbridge Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Westbridge Energy lagged returns against current returns
Autocorrelation, which is Westbridge 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 Westbridge Energy's stock expected returns. We can calculate the autocorrelation of Westbridge Energy returns to help us make a trade decision. For example, suppose you find that Westbridge 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 |
Westbridge 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 Westbridge Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Westbridge Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Westbridge Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Westbridge Energy Lagged Returns
When evaluating Westbridge Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Westbridge Energy stock have on its future price. Westbridge 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, Westbridge Energy autocorrelation shows the relationship between Westbridge Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Westbridge Energy.
Regressed Prices |
| Timeline |
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Additional Tools for Westbridge Stock Analysis
When running Westbridge Energy's price analysis, check to measure Westbridge Energy'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 Westbridge Energy is operating at the current time. Most of Westbridge Energy's value examination focuses on studying past and present price action to predict the probability of Westbridge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbridge Energy's price. Additionally, you may evaluate how the addition of Westbridge Energy to your portfolios can decrease your overall portfolio volatility.