Wescan Energy Corp Stock Performance
| WCE Stock | CAD 0.08 0.01 14.29% |
The firm maintains a market beta of -0.0824, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WesCan Energy are expected to decrease at a much lower rate. During the bear market, WesCan Energy is likely to outperform the market. At this point, WesCan Energy Corp has a negative expected return of -0.0881%. Please make sure to check out WesCan Energy's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if WesCan Energy Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days WesCan Energy Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, WesCan Energy is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Last Split Factor 1:20 | Last Split Date 2012-10-04 |
1 | WesCan Energy Strengthens Board with New Appointment - TipRanks | 01/06/2025 |
| Begin Period Cash Flow | 440.6 K |
WesCan |
WesCan Energy Relative Risk vs. Return Landscape
If you would invest 9.00 in WesCan Energy Corp on October 11, 2024 and sell it today you would lose (1.00) from holding WesCan Energy Corp or give up 11.11% of portfolio value over 90 days. WesCan Energy Corp is currently producing negative expected returns and takes up 4.6227% volatility of returns over 90 trading days. Put another way, 41% of traded stocks are less volatile than WesCan, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
WesCan Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WesCan Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as WesCan Energy Corp, and traders can use it to determine the average amount a WesCan Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0191
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| Negative Returns | WCE |
Estimated Market Risk
| 4.62 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WesCan Energy 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 WesCan Energy by adding WesCan Energy to a well-diversified portfolio.
WesCan Energy Fundamentals Growth
WesCan Stock prices reflect investors' perceptions of the future prospects and financial health of WesCan Energy, and WesCan Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WesCan Stock performance.
| Return On Equity | 0.049 | ||||
| Return On Asset | 1.0E-4 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 5.48 M | ||||
| Shares Outstanding | 44.62 M | ||||
| Price To Earning | 3.95 X | ||||
| Price To Book | 2.07 X | ||||
| Price To Sales | 1.15 X | ||||
| Revenue | 2.55 M | ||||
| Gross Profit | 1.1 M | ||||
| EBITDA | 662.37 K | ||||
| Net Income | 233.91 K | ||||
| Cash And Equivalents | 289.23 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.77 M | ||||
| Debt To Equity | 0.77 % | ||||
| Current Ratio | 0.19 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (270.54 K) | ||||
| Market Capitalization | 3.35 M | ||||
| Total Asset | 6.06 M | ||||
| Retained Earnings | (14.39 M) | ||||
| Working Capital | (2.62 M) | ||||
About WesCan Energy Performance
Evaluating WesCan Energy's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if WesCan Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if WesCan Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.24 | 0.23 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.16 | 0.17 |
Things to note about WesCan Energy Corp performance evaluation
Checking the ongoing alerts about WesCan Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for WesCan Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| WesCan Energy Corp generated a negative expected return over the last 90 days | |
| WesCan Energy Corp has some characteristics of a very speculative penny stock | |
| WesCan Energy Corp has high historical volatility and very poor performance | |
| WesCan Energy Corp has a very high chance of going through financial distress in the upcoming years | |
| WesCan Energy Corp has accumulated 1.77 M in total debt with debt to equity ratio (D/E) of 0.77, which is about average as compared to similar companies. WesCan Energy Corp has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist WesCan Energy until it has trouble settling it off, either with new capital or with free cash flow. So, WesCan Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WesCan Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WesCan to invest in growth at high rates of return. When we think about WesCan Energy's use of debt, we should always consider it together with cash and equity. | |
| WesCan Energy Corp has accumulated about 289.23 K in cash with (270.54 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 33.0% of WesCan Energy outstanding shares are owned by insiders | |
| Latest headline from news.google.com: WesCan Energy Strengthens Board with New Appointment - TipRanks |
- Analyzing WesCan Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether WesCan Energy's stock is overvalued or undervalued compared to its peers.
- Examining WesCan Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating WesCan Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of WesCan Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of WesCan Energy's stock. These opinions can provide insight into WesCan Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for WesCan Stock Analysis
When running WesCan Energy's price analysis, check to measure WesCan 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 WesCan Energy is operating at the current time. Most of WesCan Energy's value examination focuses on studying past and present price action to predict the probability of WesCan 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 WesCan Energy's price. Additionally, you may evaluate how the addition of WesCan Energy to your portfolios can decrease your overall portfolio volatility.