Western Resources Corp Stock Market Value
| WTRNF Stock | USD 0.03 0.01 130.00% |
| Symbol | Western |
Western Resources '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 Resources' pink sheet 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 Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Western Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Western Resources Corp or generate 0.0% return on investment in Western Resources over 90 days. Western Resources is related to or competes with Cordoba Minerals. Western Resources Corp., through its subsidiary, Western Potash Corp., engages in the acquisition, exploration, and deve... More
Western Resources 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 Resources' pink sheet 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 Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 113.7 | |||
| Value At Risk | (9.72) |
Western Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Resources' standard deviation. In reality, there are many statistical measures that can use Western Resources historical prices to predict the future Western Resources' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | 0.8822 | |||
| Treynor Ratio | (0.52) |
Western Resources Corp Backtested Returns
Western Resources is out of control given 3 months investment horizon. Western Resources Corp shows Sharpe Ratio of 0.0554, which attests that the company had a 0.0554 % return per unit of risk over the last 3 months. We were able to interpolate twenty different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Western Resources Corp Market Risk Adjusted Performance of (0.51), standard deviation of 10.72, and Mean Deviation of 3.26 to evaluate company specific risk that cannot be diversified away. Western Resources holds a performance score of 4 on a scale of zero to a hundred. The firm maintains a market beta of 1.76, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Western Resources will likely underperform. Use Western Resources Corp value at risk and day median price , to analyze future returns on Western Resources Corp.
Auto-correlation | -0.21 |
Weak reverse predictability
Western Resources Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Western Resources time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Resources Corp price movement. The serial correlation of -0.21 indicates that over 21.0% of current Western Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Western Resources Corp lagged returns against current returns
Autocorrelation, which is Western Resources pink sheet'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 Resources' pink sheet expected returns. We can calculate the autocorrelation of Western Resources returns to help us make a trade decision. For example, suppose you find that Western Resources has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Resources 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 Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Western Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Western Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Western Resources Lagged Returns
When evaluating Western Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Western Resources pink sheet have on its future price. Western Resources 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 Resources autocorrelation shows the relationship between Western Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Western Resources Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Western Pink Sheet
Western Resources financial ratios help investors to determine whether Western Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Resources security.