Whitemud Stock Today

WMK Stock  CAD 0.05  0.01  25.00%   
Market Performance
5 of 100
Odds Of Distress
Less than 23
Whitemud Resources is selling for under 0.05 as of the 6th of February 2023; that is 25.00% increase since the beginning of the trading day. The stock's lowest day price was 0.05. Whitemud Resources has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Whitemud Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Basic Materials
ISIN
CA9654241046
Whitemud Resources Inc. engages in the management and marketing of commodities. The company was incorporated in 2005 and is headquartered in Calgary, Canada. WHITEMUD RESOURCES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 34.03 M outstanding shares of which 2 K shares are at this time shorted by private and institutional investors with about 1.66 days to cover all short positions. More on Whitemud Resources
Follow Valuation Odds of Bankruptcy
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Whitemud Resources 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. Whitemud Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Whitemud Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Whitemud Resources' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Whitemud Resources (WMK) is traded on TSX Venture Exchange in Canada and employs 4 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Whitemud Resources's market, we take the total number of its shares issued and multiply it by Whitemud 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. Whitemud Resources classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 34.03 M outstanding shares of which 2 K shares are at this time shorted by private and institutional investors with about 1.66 days to cover all short positions. Whitemud Resources has accumulated about 3.07 M in cash with (1.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Whitemud Resources Probability Of Bankruptcy
Ownership
Whitemud Resources owns a total of 34.03 Million outstanding shares. Whitemud Resources owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Whitemud Ownership Details

Whitemud Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Whitemud Resources jumping above the current price in 90 days from now is about 1.4%. The Whitemud Resources probability density function shows the probability of Whitemud Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 1.779. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Whitemud Resources will likely underperform. Additionally, the company has an alpha of 0.254, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.05HorizonTargetOdds Above 0.05
98.58%90 days
 0.05 
1.40%
Based on a normal probability distribution, the odds of Whitemud Resources to move above the current price in 90 days from now is about 1.4 (This Whitemud Resources probability density function shows the probability of Whitemud Stock to fall within a particular range of prices over 90 days) .

Whitemud Resources Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Whitemud Resources market risk premium is the additional return an investor will receive from holding Whitemud 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 Whitemud 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 Whitemud Resources' alpha and beta are two of the key measurements used to evaluate Whitemud Resources' performance over the market, the standard measures of volatility play an important role as well.

Whitemud Stock Against Markets

Picking the right benchmark for Whitemud 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 Whitemud 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 Whitemud Resources is critical whether you are bullish or bearish towards Whitemud Resources at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Whitemud 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.

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Whitemud Resources Corporate Management

Elected by the shareholders, the Whitemud Resources' board of directors comprises two types of representatives: Whitemud Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Whitemud. The board's role is to monitor Whitemud Resources' management team and ensure that shareholders' interests are well served. Whitemud 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, Whitemud Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.

Invested in Whitemud Resources?

The danger of trading Whitemud Resources 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 Whitemud 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 Whitemud Resources. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Whitemud Resources 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.
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When running Whitemud Resources price analysis, check to measure Whitemud 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 Whitemud Resources is operating at the current time. Most of Whitemud Resources' value examination focuses on studying past and present price action to predict the probability of Whitemud Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Whitemud Resources' price. Additionally, you may evaluate how the addition of Whitemud Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Whitemud Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Whitemud Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Whitemud Resources' 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.