West Fraser Timber Stock Price on October 7, 2022
| WFG Stock | USD 78.24 0.24 0.31% |
Below is the normalized historical share price chart for West Fraser Timber extending back to July 13, 2001. 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 West Fraser stands at 78.24, as last reported on the 19th of April, with the highest price reaching 78.97 and the lowest price hitting 77.46 during the day.
If you're considering investing in West Stock, it is important to understand the factors that can impact its price. West Fraser Timber shows Sharpe Ratio of -0.0402, which attests that the company had a -0.0402% return per unit of risk over the last 3 months. West Fraser Timber exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out West Fraser's Mean Deviation of 1.45, standard deviation of 1.81, and Market Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
At this time, West Fraser's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The West Fraser's current Common Stock Total Equity is estimated to increase to about 371.9 M, while Capital Stock is projected to decrease to roughly 1.8 B. . At this time, West Fraser's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years. The West Fraser's current Price To Free Cash Flows Ratio is estimated to increase to 155.75, while Price To Sales Ratio is projected to decrease to 0.84. West Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of July 2007 | 200 Day MA 78.3201 | 50 Day MA 81.1878 | Beta 2.08 |
West |
Sharpe Ratio = -0.0402
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WFG |
Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average West Fraser 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 West Fraser by adding West Fraser to a well-diversified portfolio.
Price Book 0.8941 | Enterprise Value Ebitda 18.2113 | Price Sales 1.007 | Shares Float 53.1 M | Dividend Share 1.2 |
West Fraser Main Headline on 7th of October 2022
West Fraser Timber dividend paid on 7th of October 2022 |
West Fraser Valuation on October 7, 2022
It is possible to determine the worth of West Fraser on a given historical date. On October 7, 2022 West was worth 71.06 at the beginning of the trading date compared to the closed value of 70.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of West Fraser stock. Still, in general, we apply an absolute valuation method to find West Fraser'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 West Fraser where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against West Fraser's related companies.
| Open | High | Low | Close | Volume | |
| 74.02 | 74.02 | 69.59 | 69.59 | 152,205 | |
10/07/2022 | 71.06 | 71.98 | 69.51 | 70.20 | 178,538 |
| 72.69 | 74.64 | 71.52 | 71.52 | 203,120 |
| Backtest West Fraser | | | West Fraser History | | | West Fraser Valuation | Previous | Next |
West Fraser Trading Date Momentum on October 7, 2022
| On October 10 2022 West Fraser Timber was traded for 71.52 at the closing time. Highest West Fraser's price during the trading hours was 74.64 and the lowest price during the day was 71.52 . The net volume was 203.1 K. The overall trading history on the 10th of October contributed to the next trading period price rise. The trading price change to the next next day price was 1.88% . The trading price change to current price is 8.73% . |
West Fraser Timber Fundamentals Correlations and Trends
By evaluating West Fraser'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 West Fraser's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. West financial account trend analysis is a perfect complement when working with valuation or volatility modules.About West Fraser Stock history
West Fraser 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 West is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in West Fraser Timber 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 West Fraser stock prices may prove useful in developing a viable investing in West Fraser
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 83.2 M | 85 M | |
| Net Income Applicable To Common Shares | 2.3 B | 1.1 B |
West Fraser Quarterly Net Working Capital |
|
West Fraser Stock Technical Analysis
West Fraser 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
West Fraser Period Price Range
Low | October 7, 2022
| High |
71.06 | 70.20 |
West Fraser April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how West Fraser stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading West Fraser shares will generate the highest return on investment. By undertsting and applying West Fraser stock market strength indicators, traders can identify West Fraser Timber entry and exit signals to maximize returns
West Fraser Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for West Fraser's price direction in advance. Along with the technical and fundamental analysis of West Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of West 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 | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.08) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| 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 West Fraser Timber. 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 West Fraser Timber information on this page should be used as a complementary analysis to other West Fraser'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for West Stock analysis
When running West Fraser's price analysis, check to measure West Fraser'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 West Fraser is operating at the current time. Most of West Fraser's value examination focuses on studying past and present price action to predict the probability of West Fraser's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West Fraser's price. Additionally, you may evaluate how the addition of West Fraser to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| 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 | |
| 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 | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is West Fraser'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 West Fraser. If investors know West 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 West Fraser listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Dividend Share 1.2 | Earnings Share (2.01) | Revenue Per Share 77.573 | Quarterly Revenue Growth (0.06) |
The market value of West Fraser Timber is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Fraser's value that differs from its market value or its book value, called intrinsic value, which is West Fraser'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 West Fraser's market value can be influenced by many factors that don't directly affect West Fraser'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 West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser'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.