Westbridge Energy Stock Performance
| WEGYF Stock | USD 0.51 0.06 10.53% |
The firm maintains a market beta of -0.21, which attests to not very significant fluctuations relative to the market. 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. At this point, Westbridge Energy has a negative expected return of -0.12%. Please make sure to check out Westbridge Energy's maximum drawdown, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Westbridge Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Westbridge Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 390.8 K | |
| Total Cashflows From Investing Activities | 2.9 M |
Westbridge |
Westbridge Energy Relative Risk vs. Return Landscape
If you would invest 58.00 in Westbridge Energy on December 23, 2024 and sell it today you would lose (7.00) from holding Westbridge Energy or give up 12.07% of portfolio value over 90 days. Westbridge Energy is currently producing negative expected returns and takes up 4.0888% volatility of returns over 90 trading days. Put another way, 36% of traded otc stocks are less volatile than Westbridge, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Westbridge Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westbridge Energy's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Westbridge Energy, and traders can use it to determine the average amount a Westbridge 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 = -0.03
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| Negative Returns | WEGYF |
Estimated Market Risk
| 4.09 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Westbridge 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 Westbridge Energy by adding Westbridge Energy to a well-diversified portfolio.
Westbridge Energy Fundamentals Growth
Westbridge OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Westbridge Energy, and Westbridge 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 Westbridge OTC Stock performance.
| Return On Asset | -0.58 | |||
| Current Valuation | 35.45 M | |||
| Shares Outstanding | 92.88 M | |||
| Price To Earning | 6.67 X | |||
| Price To Book | 9.84 X | |||
| Price To Sales | 254.61 X | |||
| EBITDA | (3.65 M) | |||
| Cash And Equivalents | 1.47 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 189.8 K | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (426.35 K) | |||
| Earnings Per Share | 0.02 X | |||
| Total Asset | 4.89 M | |||
| Retained Earnings | (12.26 M) | |||
| Current Asset | 154 K | |||
| Current Liabilities | 679 K | |||
About Westbridge Energy Performance
By analyzing Westbridge Energy's fundamental ratios, stakeholders can gain valuable insights into Westbridge Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Westbridge 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 Westbridge Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Westbridge Energy Corporation engages in the acquisition and development of solar photovoltaic projects in Canada and the United States. It also holds 100 percent interest in the Accalia project, a 221MWp solar PV plant covering an area of approximately 1,120 acres located in Cameron County, Texas and 75 percent interest in the Sunnynook Project, a 236MWp solar PV plant with a 100MW battery energy storage system covering an area of approximately 940 acres located in Sunnynook, Alberta, Canada. Westbridge Renewable operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange.Things to note about Westbridge Energy performance evaluation
Checking the ongoing alerts about Westbridge Energy for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Westbridge Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Westbridge Energy generated a negative expected return over the last 90 days | |
| Westbridge Energy has some characteristics of a very speculative penny stock | |
| Westbridge Energy has high historical volatility and very poor performance | |
| Net Loss for the year was (3.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Westbridge Energy has accumulated about 1.47 M in cash with (426.35 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 43.0% of the company outstanding shares are owned by insiders |
- Analyzing Westbridge 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 Westbridge Energy's stock is overvalued or undervalued compared to its peers.
- Examining Westbridge 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 Westbridge Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westbridge Energy's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Westbridge Energy's otc stock. These opinions can provide insight into Westbridge Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Westbridge OTC 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.
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