Western Forest Products Stock Today
| WFSTF Stock | USD 0.41 0.01 2.50% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Western Forest is trading at 0.41 as of the 23rd of April 2024. This is a 2.50 percent up since the beginning of the trading day. The stock's lowest day price was 0.41. Western Forest has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Western Forest Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Western Forest Products Inc. engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. The company has 316.74 M outstanding shares. More on Western Forest Products
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Follow Valuation Odds of Bankruptcy
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Western Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Forest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Forest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Donald Demens |
| Business Concentration | Materials, Paper & Forest Products, Lumber & Wood Production, Basic Materials (View all Sectors) |
Western Forest Products [WFSTF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading. The company currently falls under 'Small-Cap' category with a current market capitalization of 311.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Forest's market, we take the total number of its shares issued and multiply it by Western Forest's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Western Forest Products classifies itself under Paper & Forest Products sector and is part of Materials industry. The entity has 316.74 M outstanding shares.
Western Forest Products has accumulated about 84.3 M in cash with 281.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26.
Check Western Forest Probability Of Bankruptcy
Ownership AllocationWestern Forest Products owns a total of 316.74 Million outstanding shares. Over half of Western Forest's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Western Forest Products. Please watch out for any change in the institutional holdings of Western Forest Products as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Western Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Western Forest jumping above the current price in 90 days from now is roughly 96.0%. The Western Forest Products probability density function shows the probability of Western Forest pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Western Forest has a beta of 0.421. This entails as returns on the market go up, Western Forest average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Forest Products will be expected to be much smaller as well. Additionally, western Forest Products has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Western Forest to move above the current price in 90 days from now is roughly 96.0 (This Western Forest Products probability density function shows the probability of Western Pink Sheet to fall within a particular range of prices over 90 days) .
Western Forest Products Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Forest market risk premium is the additional return an investor will receive from holding Western Forest long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Western Forest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Western Forest's alpha and beta are two of the key measurements used to evaluate Western Forest's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.46 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.45 | |||
| Risk Adjusted Performance | (0.06) |
Western Stock Against Markets
Picking the right benchmark for Western Forest pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Western Forest pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Western Forest is critical whether you are bullish or bearish towards Western Forest Products at a given time. Please also check how Western Forest's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Western Forest without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Western Forest Corporate Directors
Western Forest corporate directors refer to members of a Western Forest board of directors. The board of directors generally takes responsibility for the Western Forest's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Western Forest's board members must vote for the resolution. The Western Forest board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Laura Cillis | Director | Profile | |
| Michael Waites | Director | Profile | |
| James Arthurs | Independent Director | Profile | |
| Jane Bird | Director | Profile |
How to buy Western Pink Sheet?
Before investing in Western Forest, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Western Forest. To buy Western Forest stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Forest. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Western Forest stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Forest Products stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Western Forest Products stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Western Forest Products, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Western Forest Products?
The danger of trading Western Forest Products is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Forest is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Forest. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Forest Products is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Forest Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Western Pink Sheet analysis
When running Western Forest's price analysis, check to measure Western Forest'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 Forest is operating at the current time. Most of Western Forest's value examination focuses on studying past and present price action to predict the probability of Western Forest'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 Forest's price. Additionally, you may evaluate how the addition of Western Forest to your portfolios can decrease your overall portfolio volatility.
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