West Fraser Timber Stock Price Prediction
| WFG Stock | USD 78.42 1.05 1.36% |
Oversold Vs Overbought
51
Oversold | Overbought |
West Fraser Timber stock price prediction is an act of determining the future value of West Fraser shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of West Fraser's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of West Fraser and does not consider all of the tangible or intangible factors available from West Fraser's fundamental data. We analyze noise-free headlines and recent hype associated with West Fraser Timber, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting West Fraser's stock price prediction:Quarterly Earnings Growth (0.27) | EPS Estimate Next Quarter 0.11 | EPS Estimate Current Year 3.67 | EPS Estimate Next Year 7.15 | Wall Street Target Price 106.67 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of West Fraser based on different types of headlines from major news networks to social media. The West stock price prediction module provides an analysis of price elasticity to changes in media outlook on West Fraser over a specific investment horizon. Using West Fraser hype-based prediction, you can estimate the value of West Fraser Timber from the perspective of West Fraser response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards West Fraser using West Fraser's stock options and short interest. It helps to benchmark the overall future attitude of investors towards West using crowd psychology based on the activity and movement of West Fraser's stock price.
West Fraser Implied Volatility | 35.86 |
West Fraser's implied volatility exposes the market's sentiment of West Fraser Timber stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if West Fraser's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that West Fraser stock will not fluctuate a lot when West Fraser's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in West Fraser. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in West Fraser to buy its stock at a price that has no basis in reality. In that case, they are not buying West because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
West Fraser after-hype prediction price | USD 78.4 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current West contract
Based on the Rule 16, the options market is currently suggesting that West Fraser Timber will have an average daily up or down price movement of about 2.24% per day over the life of the 2024-05-17 option contract. With West Fraser trading at USD 78.42, that is roughly USD 1.76 . If you think that the market is fully incorporating West Fraser's daily price movement you should consider acquiring West Fraser Timber options at the current volatility level of 35.86%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
West |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of West Fraser's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
West Fraser After-Hype Price Prediction Density Analysis
As far as predicting the price of West Fraser at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in West Fraser or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of West Fraser, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
West Fraser Estimiated After-Hype Price Volatility
In the context of predicting West Fraser's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on West Fraser's historical news coverage. West Fraser's after-hype downside and upside margins for the prediction period are 76.61 and 80.19, respectively. We have considered West Fraser's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
West Fraser is very steady at this time. Analysis and calculation of next after-hype price of West Fraser Timber is based on 3 months time horizon.
West Fraser Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as West Fraser is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading West Fraser backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with West Fraser, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.01 | 1.79 | 0.02 | 0.01 | 7 Events / Month | 2 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
78.42 | 78.40 | 0.03 |
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West Fraser Hype Timeline
On the 23rd of April West Fraser Timber is traded for 78.42. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.01. West is forecasted to decline in value after the next headline, with the price expected to drop to 78.4. The average volatility of media hype impact on the company price is about 89.05%. The price depreciation on the next news is expected to be -0.03%, whereas the daily expected return is at this time at -0.01%. The volatility of related hype on West Fraser is about 266.37%, with the expected price after the next announcement by competition of 78.41. About 33.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.89. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. West Fraser Timber has Price/Earnings To Growth (PEG) ratio of 0.13. The entity recorded a loss per share of 2.01. The firm last dividend was issued on the 14th of March 2024. West Fraser had 2:1 split on the 14th of January 2014. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days. Check out West Fraser Basic Forecasting Models to cross-verify your projections.West Fraser Related Hype Analysis
Having access to credible news sources related to West Fraser's direct competition is more important than ever and may enhance your ability to predict West Fraser's future price movements. Getting to know how West Fraser's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how West Fraser may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SSD | Simpson Manufacturing | (3.54) | 8 per month | 2.07 | (0.03) | 2.66 | (3.20) | 8.75 | |
| EVA | Enviva Partners LP | (0.07) | 9 per month | 12.53 | 0.04 | 27.59 | (19.67) | 77.31 | |
| IFSPF | Interfor | 0.00 | 0 per month | 0.00 | (0.16) | 3.54 | (3.68) | 12.50 | |
| UFPI | Ufp Industries | (3.11) | 9 per month | 0.00 | (0.05) | 2.48 | (3.78) | 9.76 | |
| CFPZF | Canfor | 0.00 | 0 per month | 0.00 | (0.16) | 4.38 | (4.16) | 11.51 | |
| STLJF | Stella Jones | 0.00 | 0 per month | 0.00 | (0.07) | 4.15 | (3.41) | 14.63 | |
| CFXTF | Conifex Timber | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ICLTF | GreenFirst Forest Products | 0.00 | 0 per month | 0.00 | (0.03) | 7.14 | (6.78) | 20.97 | |
| SVCBF | Svenska Cellulosa Aktiebolaget | 0.00 | 0 per month | 0.63 | (0.01) | 1.28 | (1.92) | 12.23 | |
| WFSTF | Western Forest Products | 0.00 | 0 per month | 0.00 | (0.16) | 4.08 | (4.35) | 13.54 |
West Fraser Additional Predictive Modules
Most predictive techniques to examine West price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for West using various technical indicators. When you analyze West charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About West Fraser Predictive Indicators
The successful prediction of West Fraser stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as West Fraser Timber, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of West Fraser based on analysis of West Fraser hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to West Fraser's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to West Fraser's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.007214 | 0.0146 | 0.014 | 0.009589 | Price To Sales Ratio | 0.99 | 0.7 | 1.1 | 0.84 |
Story Coverage note for West Fraser
The number of cover stories for West Fraser depends on current market conditions and West Fraser's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that West Fraser is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about West Fraser's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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West Fraser Short Properties
West Fraser's future price predictability will typically decrease when West Fraser's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of West Fraser Timber often depends not only on the future outlook of the potential West Fraser's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. West Fraser's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.2 M | |
| Cash And Short Term Investments | 900 M |
Check out West Fraser Basic Forecasting Models to cross-verify your projections. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
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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.