Western Resources Corp Stock Today
| WRX Stock | CAD 0.13 0.01 8.33% |
Performance0 of 100
| Odds Of DistressOver 64
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Western Resources is selling at 0.13 as of the 25th of April 2024; that is 8.33 percent up since the beginning of the trading day. The stock's open price was 0.12. Western Resources has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Western Resources Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2023 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Western Resources Corp., through its subsidiary, Western Potash Corp., engages in the acquisition, exploration, and development of potash mineral properties in Western Canada. Western Resources Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada. The company has 408.14 M outstanding shares of which 4.02 K shares are at this time shorted by private and institutional investors with about 0.05 days to cover all short positions. More on Western Resources Corp
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Western Stock 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 Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Western Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Western Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Resources' financial leverage. It provides some insight into what part of Western Resources' total assets is financed by creditors.
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Western Resources Corp (WRX) is traded on Toronto Exchange in Canada and employs 42 people. Western Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 53.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Resources's market, we take the total number of its shares issued and multiply it by Western Resources'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 Resources Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 408.14 M outstanding shares of which 4.02 K shares are at this time shorted by private and institutional investors with about 0.05 days to cover all short positions.
Western Resources Corp has accumulated about 2.2 M in cash with (759.4 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
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Ownership AllocationWestern Resources Corp owns a total of 408.14 Million outstanding shares. Western Resources Corp maintains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 73.54 (%) of Western Resources Corp outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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
Contingent on a normal probability distribution, the odds of Western Resources jumping above the current price in 90 days from now is about 87.51%. The Western Resources Corp probability density function shows the probability of Western Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Western Resources Corp has a beta of -0.5004. This entails as returns on the benchmark increase, returns on holding Western Resources are expected to decrease at a much lower rate. During a bear market, however, Western Resources Corp is likely to outperform the market. Additionally, western Resources Corp 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 Resources to move above the current price in 90 days from now is about 87.51 (This Western Resources Corp probability density function shows the probability of Western Stock to fall within a particular range of prices over 90 days) .
Western Resources Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Resources market risk premium is the additional return an investor will receive from holding Western Resources 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 Resources. 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 Resources' alpha and beta are two of the key measurements used to evaluate Western Resources' performance over the market, the standard measures of volatility play an important role as well.
Western Stock Against Markets
Picking the right benchmark for Western Resources stock 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 Resources stock 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 Resources is critical whether you are bullish or bearish towards Western Resources Corp at a given time. Please also check how Western Resources' 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 Resources 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 Resources Corporate Management
Elected by the shareholders, the Western Resources' board of directors comprises two types of representatives: Western Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Resources' management team and ensure that shareholders' interests are well served. Western Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Xue | Corporate Secretary | Profile | |
| Garth Berg | Construction Director | Profile | |
| Lowell Berg | Western VP | Profile | |
| Francis Mukanya | Engineering WPC | Profile | |
| Wenye Xue | CEO Chairman | Profile | |
| Jerry Zhang | Senior Officer | Profile |
How to buy Western Stock?
Before investing in Western Resources, 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 Resources. To buy Western Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Resources. 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 Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Resources Corp 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 Resources Corp 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 Resources Corp, 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 Resources Corp?
The danger of trading Western Resources Corp 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 Resources 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 Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Resources Corp 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 Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Western Stock analysis
When running Western Resources' price analysis, check to measure Western Resources' 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 Resources is operating at the current time. Most of Western Resources' value examination focuses on studying past and present price action to predict the probability of Western Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Resources' price. Additionally, you may evaluate how the addition of Western Resources to your portfolios can decrease your overall portfolio volatility.
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