Wesdome Competitors

OTC Stocks . USA . 
Stock . Wesdome Gold Mines
WDOFF Stock  USD 8.67  0.35  4.21%   
Wesdome Gold Mines competes with Endurance Gold, and White Gold; as well as few others. The company classifies itself under Metals & Mining sector and is part of Materials industry. Analyzing Wesdome Gold competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Wesdome Gold to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Wesdome Gold Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Wesdome Gold competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wesdome Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.708.6711.64
Details
Intrinsic
Valuation
LowRealHigh
5.188.1511.12
Details
Naive
Forecast
LowNextHigh
6.379.3312.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.047.868.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wesdome Gold. Your research has to be compared to or analyzed against Wesdome Gold's peers to derive any actionable benefits. When done correctly, Wesdome Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wesdome Gold Mines.

Wesdome Gold Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Wesdome Gold and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Wesdome and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Wesdome Gold Mines does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
YGTFF
+ 0.86
SXNTF
LRDJF
+ 0.72
EQTRF
ENDGF
+ 0.71
SXNTF
YGTFF
+ 0.62
ENDGF
WHGOF
+ 0.51
PUMXF
WHGOF
+ 0.38
YGTFF
  
High negative correlations   
ENDGF
- 0.72
EQTRF
EQTRF
- 0.72
SXNTF
YGTFF
- 0.57
EQTRF
LRDJF
- 0.5
ENDGF
LRDJF
- 0.44
SXNTF
YGTFF
- 0.33
LRDJF

Risk-Adjusted Indicators

There is a big difference between Wesdome OTC Stock performing well and Wesdome Gold OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Wesdome Gold's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Wesdome Gold Competitive Analysis

The better you understand Wesdome Gold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Wesdome Gold's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Wesdome Gold's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
WDOFF PUMXF SXNTF EQTRF ENDGF LRDJF YGTFF WHGOF
 4.21 
 8.67 
Wesdome
 12.50 
 0.07 
Puma
 2.18 
 0.05 
Sixty
 11.04 
 0.09 
Altamira
 8.33 
 0.13 
Endurance
 8.48 
 0.09 
LRDJF
 3.11 
 0.04 
Gold
 4.17 
 0.25 
White
Market Volatility
(90 Days Market Risk)
Somewhat reliable
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Market Performance
(90 Days Performance)
Good
Very Weak
OK
Very Weak
OK
Very Weak
Modest
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Quite High
Average
Quite High
Above Average
Very High
Quite High
Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
0.93 X
2.99 X
0.14 X
9.56 X
10.94 X
6.55 X
7.80 X
4.41 X
Net Asset
553.72 M
14.75 M
6.34 M
19.81 M
7.6 M
811.07 K
N/A
127.6 M
Profit Margin
0.05 %
N/A
N/A
N/A
N/A
N/A
N/A
N/A
EBITDA
217.59 M
(1.86 M)
(708.03 K)
(1.57 M)
(1.26 M)
(17.9 M)
(1.66 M)
(1.43 M)
Operating Margin
0.21 %
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Current Valuation
808.6 M
15.6 M
1.19 M
29.5 M
36.03 M
2.19 M
27.55 M
41.02 M
Price To Book
2.83 X
1.51 X
0.23 X
2.19 X
5.81 X
0.35 X
0.85 X
0.53 X
Beta
0.63
1.42
1.62
0.68
2.02
-0.24
0.96
0.64
Number Of Employees
19
5
4
43
8
4
4
13
Shares Outstanding
142.49 M
119.62 M
19.43 M
163.74 M
143.32 M
26.06 M
238.88 M
160.5 M
Cash Flow From Operations
130.96 M
(1.38 M)
(520.88 K)
(960.65 K)
(814.8 K)
(4.37 M)
(1.97 M)
(3.11 M)
Total Debt
12.41 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Equity
0.0354
-0.11
-0.0923
-0.0803
-0.32
-8.43
-0.0416
-0.0056
Z Score
31.8
N/A
N/A
N/A
N/A
-72.6
N/A
N/A
Return On Asset
0.0663
-0.0973
-0.0371
-0.0469
-0.0835
-1.5
-0.0263
-0.0164
Book Value Per Share
2.73 X
0.12 X
0.42 X
0.12 X
0.07 X
(0.26) X
0.21 X
0.74 X
Total Asset
553.72 M
14.75 M
6.34 M
19.81 M
7.6 M
811.07 K
N/A
127.6 M
Debt To Equity
0.03 %
N/A
N/A
0.01 %
N/A
N/A
N/A
N/A
Shares Owned By Institutions
56.22 %
1.05 %
N/A
15.80 %
N/A
N/A
11.59 %
3.38 %
Market Capitalization
668.26 M
18.03 M
3.03 M
24.82 M
31.96 M
3.35 M
27.41 M
44.69 M
Price To Earning
23.74 X
N/A
N/A
(2.81) X
36.71 X
N/A
N/A
N/A
Price To Sales
2.81 X
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
131.29 M
(2.04 M)
(712.56 K)
(1.58 M)
(3.02 M)
(17.91 M)
(2.71 M)
(1.21 M)
Earnings Per Share
0.07 X
(0.02) X
(0) X
(0.01) X
(0.01) X
(0.12) X
(0.01) X
(0.01) X
Shares Owned By Insiders
0.43 %
3.27 %
39.33 %
10.25 %
54.63 %
19.59 %
4.04 %
53.78 %
Revenue
262.91 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
23.52 M
5.16 M
27.36 K
3.25 M
3.21 M
140.41 K
1.66 M
7.22 M
Cash Per Share
0.17 X
0.05 X
N/A
0.02 X
0.02 X
N/A
0.01 X
0.05 X
Gross Profit
117.51 M
(13.39 K)
N/A
N/A
N/A
N/A
N/A
(87.08 K)
Day Typical Price
8.59
0.07
0.0516
0.0838
0.13
0.0896
0.0451
0.25
Accumulation Distribution
10492.9
N/A
N/A
47671.89
N/A
N/A
0.0917
N/A
Market Facilitation Index
0.0
N/A
N/A
N/A
N/A
N/A
0.0044
N/A
Daily Balance Of Power
1.060606
(9,223,372,036,855)
9.2 T
0.6197
9.2 T
(9,223,372,036,855)
(0.32)
9.2 T
Period Momentum Indicator
0.35
(0.01)
0.0011
0.0088
0.01
(0.01)
(0)
0.01
Rate Of Daily Change
1.04
0.88
1.02
1.11
1.08
0.92
0.97
1.04
Day Median Price
8.56
0.07
0.0516
0.0814
0.13
0.0896
0.0458
0.25
Price Action Indicator
0.29
(0.01)
6.0E-4
0.0115
0.005
(0)
(0)
0.005
Relative Strength Index
57.31
48.29
49.09
37.3
64.03
35.34
53.08
58.9
Coefficient Of Variation
611.17
24989.3
811.92
(1,517)
1196.37
(5,425)
1097.25
605.2
Mean Deviation
2.17
3.26
4.83
3.23
1.92
3.75
5.63
3.67
Jensen Alpha
0.3361
(0.16)
1.22
(0.42)
0.2746
(0.29)
0.9111
0.8461
Total Risk Alpha
0.0228
(1.01)
(0.25)
(1.12)
(0.28)
(1.55)
(0.47)
0.0501
Sortino Ratio
0.1373
(0)
0.0837
N/A
N/A
N/A
0.079
0.1245
Downside Variance
8.0
214.89
114.22
N/A
N/A
N/A
52.99
30.62
Standard Deviation
2.98
6.76
8.07
5.08
3.94
8.98
7.4
4.77
Kurtosis
2.4
2.33
2.82
2.45
2.9
8.29
0.2007
0.7552
Potential Upside
5.06
12.5
16.2
9.09
9.09
16.67
15.25
8.7
Treynor Ratio
0.3017
0.0086
(0.37)
(0.42)
0.6414
(0.13)
(0.24)
(1.03)
Maximum Drawdown
15.53
38.89
47.56
31.09
19.44
70.15
35.41
24.67
Variance
8.89
45.71
65.13
25.79
15.5
80.61
54.79
22.77
Market Risk Adjusted Performance
0.3117
0.0186
(0.36)
(0.41)
0.6514
(0.12)
(0.23)
(1.02)
Risk Adjusted Performance
0.1039
0.0115
0.0814
(0.03)
0.0575
(0)
0.0626
0.1056
Skewness
0.4184
(0.17)
0.7613
0.633
0.3827
0.6763
0.3408
0.4652
Semi Deviation
2.49
5.13
5.09
N/A
N/A
N/A
5.96
3.29
Information Ratio
0.1303
(0.01)
0.1108
(0.09)
0.0583
(0.03)
0.0777
0.1444
Value At Risk
(4.27)
(12.50)
(14.48)
(8.33)
(8.33)
(17.45)
(10.87)
(7.69)
Expected Short fall
(2.34)
(13.47)
(12.39)
N/A
N/A
N/A
(7.56)
(6.05)
Downside Deviation
2.83
14.66
10.69
N/A
N/A
N/A
7.28
5.53
Semi Variance
6.21
26.36
25.86
N/A
N/A
N/A
35.56
10.86

Wesdome Gold Competition Performance Charts

Five steps to successful analysis of Wesdome Gold Competition

Wesdome Gold's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Wesdome Gold Mines in relation to its competition. Wesdome Gold's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Wesdome Gold in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Wesdome Gold's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Wesdome Gold Mines, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Wesdome Gold position

In addition to having Wesdome Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Entertainment Thematic Idea Now

Entertainment
Entertainment Theme
Companies from entertainment industry including show business, news and media. The Entertainment theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
View All  Next Launch
Check out Wesdome Gold Correlation with its peers.
Note that the Wesdome Gold Mines information on this page should be used as a complementary analysis to other Wesdome Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Wesdome OTC Stock analysis

When running Wesdome Gold's price analysis, check to measure Wesdome Gold'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 Wesdome Gold is operating at the current time. Most of Wesdome Gold's value examination focuses on studying past and present price action to predict the probability of Wesdome Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wesdome Gold's price. Additionally, you may evaluate how the addition of Wesdome Gold to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
CEOs Directory
Screen CEOs from public companies around the world
Altman
Z Score
Details
Piotroski
F Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Wesdome Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wesdome Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wesdome Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY