Western Copper And Stock Price on March 27, 2024
| WRN Stock | USD 1.56 0.01 0.64% |
Below is the normalized historical share price chart for Western Copper and extending back to February 09, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Copper stands at 1.56, as last reported on the 30th of April, with the highest price reaching 1.61 and the lowest price hitting 1.50 during the day.
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. Western Copper appears to be very risky, given 3 months investment horizon. Western Copper shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. By examining Western Copper's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Western Copper's Market Risk Adjusted Performance of 0.5362, mean deviation of 2.99, and Downside Deviation of 3.23 to validate if our risk estimates are consistent with your expectations.
At this time, Western Copper's Total Stockholder Equity is very stable compared to the past year. As of the 30th of April 2024, Other Stockholder Equity is likely to grow to about 42.6 M, while Common Stock Shares Outstanding is likely to drop about 103.7 M. . As of the 30th of April 2024, Price Earnings Ratio is likely to drop to -88.48. In addition to that, Price Book Value Ratio is likely to drop to 1.92. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of May 2006 | 200 Day MA 1.344 | 50 Day MA 1.3982 | Beta 2.122 |
Western |
Sharpe Ratio = 0.137
| Best Portfolio | Best Equity | |||
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| Small Returns | WRN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.65 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Western Copper is performing at about 10% of its full potential. 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 Western Copper by adding it to a well-diversified portfolio.
Price Book 2.5452 | Book Value 0.84 | Enterprise Value 233.3 M | Enterprise Value Ebitda (47.85) | Shares Float 139.6 M |
Western Copper Valuation on March 27, 2024
It is possible to determine the worth of Western Copper on a given historical date. On March 27, 2024 Western was worth 1.46 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Copper stock. Still, in general, we apply an absolute valuation method to find Western Copper's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Western Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Copper's related companies.
| Open | High | Low | Close | Volume | |
| 1.49 | 1.50 | 1.45 | 1.46 | 70,275 | |
03/27/2024 | 1.46 | 1.51 | 1.46 | 1.49 | 82,524 |
| 1.53 | 1.55 | 1.51 | 1.53 | 175,111 |
| Backtest Western Copper | | | Western Copper History | | | Western Copper Valuation | Previous | Next |
Western Copper Trading Date Momentum on March 27, 2024
| On March 28 2024 Western Copper and was traded for 1.53 at the closing time. Highest Western Copper's price during the trading hours was 1.55 and the lowest price during the day was 1.51 . The net volume was 175.1 K. The overall trading history on the 28th of March contributed to the next trading period price boost. The trading price change to the next next day price was 2.68% . The trading price change to current price is 2.68% . |
Western Copper Fundamentals Correlations and Trends
By evaluating Western Copper's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Western Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Western Copper Stock history
Western Copper investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Copper will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Western Copper stock prices may prove useful in developing a viable investing in Western Copper
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 159.8 M | 103.7 M | |
| Net Loss | -4.5 M | -4.3 M |
Western Copper Quarterly Net Working Capital |
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Western Copper Stock Technical Analysis
Western Copper technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Western Copper Period Price Range
Low | March 27, 2024
| High |
1.46 | 1.49 |
Western Copper April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Copper shares will generate the highest return on investment. By undertsting and applying Western Copper stock market strength indicators, traders can identify Western Copper and entry and exit signals to maximize returns
| Accumulation Distribution | 2732.58 | |||
| Daily Balance Of Power | 0.6 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 1.49 | |||
| Day Typical Price | 1.49 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.07 |
Western Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western Copper's price direction in advance. Along with the technical and fundamental analysis of Western Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.4756 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1487 | |||
| Treynor Ratio | 0.5262 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Copper and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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When running Western Copper's price analysis, check to measure Western Copper'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 Western Copper is operating at the current time. Most of Western Copper's value examination focuses on studying past and present price action to predict the probability of Western Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Copper's price. Additionally, you may evaluate how the addition of Western Copper to your portfolios can decrease your overall portfolio volatility.
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Is Western Copper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Copper. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (0.02) | Return On Equity (0.03) |
The market value of Western Copper is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Copper's value that differs from its market value or its book value, called intrinsic value, which is Western Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Copper's market value can be influenced by many factors that don't directly affect Western Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Copper'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.