White Energy Stock Price on August 23, 2021
| WECFF Stock | USD 0.06 0.03 85.33% |
If you're considering investing in White Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of White Energy stands at 0.06, as last reported on the 18th of April 2024, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. White Energy is out of control given 3 months investment horizon. White Energy shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 2.1% are justified by taking the suggested risk. Use White Energy Market Risk Adjusted Performance of 1.39, mean deviation of 4.95, and Standard Deviation of 12.54 to evaluate company specific risk that cannot be diversified away.
White Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
White |
Sharpe Ratio = 0.1241
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| Average Returns | WECFF | |||
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Estimated Market Risk
| 16.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.1 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average White Energy is performing at about 9% 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 White Energy by adding it to a well-diversified portfolio.
White Energy Valuation on August 23, 2021
It is possible to determine the worth of White Energy on a given historical date. On August 23, 2021 White was worth 0.0156 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of White Energy pink sheet. Still, in general, we apply an absolute valuation method to find White Energy'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 White Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against White Energy's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 0.02 | 0.47 | 0.47 | 0.47 | 1,791 |
| 0.02 | 900.54 | 0.54 | 0.54 | 768.00 |
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White Energy Trading Date Momentum on August 23, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.White Energy Fundamentals Correlations and Trends
By evaluating White Energy'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 White Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. White financial account trend analysis is a perfect complement when working with valuation or volatility modules.About White Energy Pink Sheet history
White Energy 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 White is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in White Energy 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 White Energy stock prices may prove useful in developing a viable investing in White Energy
White Energy Company Limited engages in coal technology, coal mining, and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom. White Energy Company Limited was incorporated in 1995 and is headquartered in Brisbane, Australia. White Energy operates under Thermal Coal classification in the United States and is traded on OTC Exchange.
White Energy Pink Sheet Technical Analysis
White Energy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
White Energy Period Price Range
Low | April 4, 2022
| High |
0.02 | 0.47 |
White Energy April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how White Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading White Energy shares will generate the highest return on investment. By undertsting and applying White Energy pink sheet market strength indicators, traders can identify White Energy entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 30.13 | |||
| Day Median Price | 0.47 | |||
| Day Typical Price | 0.47 | |||
| Price Action Indicator | 0.23 | |||
| Period Momentum Indicator | (0.41) | |||
| Relative Strength Index | 2.52 |
White Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for White Energy's price direction in advance. Along with the technical and fundamental analysis of White Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of White 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 | 0.0531 | |||
| Jensen Alpha | 0.828 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 1.38 |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in White Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the White Energy information on this page should be used as a complementary analysis to other White Energy'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for White Pink Sheet analysis
When running White Energy's price analysis, check to measure White 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 White Energy is operating at the current time. Most of White Energy's value examination focuses on studying past and present price action to predict the probability of White 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 White Energy's price. Additionally, you may evaluate how the addition of White Energy to your portfolios can decrease your overall portfolio volatility.
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