WT Offshore Story

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WTI -- USA Stock  

USD 3.21  0.02  0.63%

45% of stocks are less volatile than WT Offshore, and above 76% of all equities are expected to generate higher returns over the next 90 days. As many old-fashioned traders are trying to avoid energy space, it makes sense to concentrate on WT Offshore a little further and try to understand its current volatility patterns. We will evaluate if the latest WT Offshore price volatility suggests a bounce in April. WT Offshore high volatility, while potentially profitable, can lead to more considerable losses for your portfolios.
Published over a month ago
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WT Offshore (NYSE:WTI) high volatility trend continues
WT Offshore has roughly 56.53 M in cash with 160.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
WT Offshore holds a performance score of 18 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.4036, which attests to possible diversification benefits within a given portfolio. Let's try to break down what WT Offshore's beta means in this case. As returns on the market increase, WT Offshore returns are expected to increase less than the market. However, during the bear market, the loss on holding WT Offshore will be expected to be smaller as well. Although it is vital to follow WT Offshore existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. Our approach towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if WT Offshore expected return of 1.36 will be sustainable into the future, we have found twenty-seven different technical indicators, which can help you to check if the expected returns are sustainable. Use WT Offshore treynor ratio, and the relationship between the coefficient of variation and semi variance to analyze future returns on WT Offshore.
Volatility is a rate at which the price of WT Offshore or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of WT Offshore may increase or decrease. In other words, similar to WT Offshore's beta indicator, it measures the risk of WT Offshore and helps estimate the fluctuations that may happen in a short period of time. So if prices of WT Offshore fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is WT Offshore's Liquidity

WT Offshore financial leverage refers to using borrowed capital as a funding source to finance WT Offshore ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. WT Offshore financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between WT Offshore's total debt and its cash.

How WT Offshore utilizes its cash?

To perform a cash flow analysis of WT Offshore, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash WT Offshore is receiving and how much cash it distributes out in a given period. The WT Offshore cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
WT Offshore Net Cash Flow from Operations is most likely to decrease significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 108.51 Million

WT Offshore Volatility Drivers

WT Offshore unsystematic risk is unique to WT Offshore and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in WT Offshore you can also buy ConocoPhillips. You can also mitigate this risk by investing in the oil & gas e&p sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing WT Offshore important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in WT Offshore income statement and balance sheet. Here are more details about WT Offshore volatility.