Western Energy Services Stock Analysis

Western Pink Sheet Analysis Notes

About 23.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.39. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Western Energy Services last dividend was issued on the 29th of December 2015. The entity had 1:20 split on the 22nd of June 2011. Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Western Energy operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 566 people.The quote for Western Energy Services is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call Alex MacAusland at 403 984 5916 or visit https://www.wesc.ca.

Western Energy Services Investment Alerts

Western Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Energy's market, we take the total number of its shares issued and multiply it by Western Energy'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 Profitablity

The company has Profit Margin (PM) of 0.14 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.

Technical Drivers

As of the 23rd of April, Western Energy maintains the Standard Deviation of 0.9648, market risk adjusted performance of 0.4171, and Mean Deviation of 0.222. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Energy Services, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze and collect data for twelve technical drivers for Western Energy Services, which can be compared to its peers. Please check out Western Energy Services standard deviation, as well as the relationship between the treynor ratio and skewness to decide if Western Energy Services is priced fairly, providing market reflects its latest price of 2.01 per share. Please also validate Western Energy Services jensen alpha, which is currently at (0.03) to confirm the company can sustain itself at a future point.

Western Energy Services Price Movement Analysis

Western Energy Predictive Daily Indicators

Western Energy Forecast Models

Western Energy's time-series forecasting models are one of many Western Energy's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Western Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Western Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Western shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Western Energy. By using and applying Western Pink Sheet analysis, traders can create a robust methodology for identifying Western entry and exit points for their positions.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Western Energy Services information on this page should be used as a complementary analysis to other Western 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

When running Western Energy's price analysis, check to measure Western 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 Western Energy is operating at the current time. Most of Western Energy's value examination focuses on studying past and present price action to predict the probability of Western 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 Western Energy's price. Additionally, you may evaluate how the addition of Western Energy to your portfolios can decrease your overall portfolio volatility.