Western Resources Corp Stock Buy Hold or Sell Recommendation
| WRX Stock | CAD 0.13 0.01 8.33% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Western Resources Corp is 'Strong Sell'. Macroaxis provides Western Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WRX positions. The advice algorithm takes into account all of Western Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Western Resources' buy or sell advice are summarized below:
Real Value 0.11 | Hype Value 0.13 | Market Value 0.13 | Naive Value 0.13 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Western Resources Corp given historical horizon and risk tolerance towards Western Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Western Resources Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Western |
Execute Western Resources Buy or Sell Advice
The Western recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Western Resources Corp. Macroaxis does not own or have any residual interests in Western Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Western Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Western Resources Trading Alerts and Improvement Suggestions
| Western Resources has some characteristics of a very speculative penny stock | |
| Western Resources had very high historical volatility over the last 90 days | |
| Western Resources has high likelihood to experience some financial distress in the next 2 years | |
| 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. | |
| Roughly 74.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Closing Bell Western Resources Corp flat on Wednesday - The Globe and Mail |
Western Resources Returns Distribution Density
The distribution of Western Resources' historical returns is an attempt to chart the uncertainty of Western Resources' future price movements. The chart of the probability distribution of Western Resources daily returns describes the distribution of returns around its average expected value. We use Western Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Western Resources returns is essential to provide solid investment advice for Western Resources.
| Mean Return | -0.19 | Value At Risk | -7.69 | Potential Upside | 7.69 | Standard Deviation | 4.94 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Western Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Western Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 4.5M | 1.3M | (5.8M) | 1.3M | 1.1M | 1.2M | |
| Free Cash Flow | (45.5M) | (15.4M) | (60.6M) | (64.5M) | (58.0M) | (55.1M) | |
| Capital Expenditures | 41.4M | 11.2M | 52.2M | 63.7M | 73.3M | 77.0M | |
| Net Income | (1.7M) | (5.6M) | (327.6K) | 2.8M | 3.2M | 3.3M | |
| End Period Cash Flow | 6.7M | 8.0M | 2.2M | 3.5M | 3.1M | 3.0M | |
| Depreciation | 207.1K | 142.9K | 90.7K | 65.9K | 75.8K | 81.6K | |
| Other Non Cash Items | 1.9M | 2.4M | 4.2M | (2.1M) | (1.9M) | (1.8M) | |
| Investments | (41.9M) | 18.0M | (81.5M) | (41.2M) | (37.1M) | (38.9M) | |
| Change To Netincome | 2.2M | (547.4K) | 2.4M | 5.2M | 6.0M | 6.3M |
Western Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Western Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Western Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Western stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.18 | |
β | Beta against NYSE Composite | -0.32 | |
σ | Overall volatility | 4.97 | |
Ir | Information ratio | -0.05 |
Western Resources Volatility Alert
Western Resources Corp exhibits very low volatility with skewness of -0.61 and kurtosis of 1.4. Western Resources Corp is a potential penny stock. Although Western Resources may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Western Resources Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Western instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Western Resources Fundamentals Vs Peers
Comparing Western Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Western Resources' direct or indirect competition across all of the common fundamentals between Western Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Western Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Western Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Western Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Western Resources to competition |
| Fundamentals | Western Resources | Peer Average |
| Return On Equity | 0.0067 | -0.31 |
| Return On Asset | -0.0032 | -0.14 |
| Current Valuation | 133.18 M | 16.62 B |
| Shares Outstanding | 408.14 M | 571.82 M |
| Shares Owned By Insiders | 73.54 % | 10.09 % |
| Number Of Shares Shorted | 2.09 K | 4.71 M |
| Price To Earning | 11.30 X | 28.72 X |
| Price To Book | 0.21 X | 9.51 X |
| EBITDA | (1.73 M) | 3.9 B |
| Net Income | 2.77 M | 570.98 M |
| Cash And Equivalents | 2.2 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 60 K | 5.32 B |
| Debt To Equity | 6.20 % | 48.70 % |
| Current Ratio | 12.03 X | 2.16 X |
| Book Value Per Share | 0.60 X | 1.93 K |
| Cash Flow From Operations | (759.4 K) | 971.22 M |
| Earnings Per Share | 0.01 X | 3.12 X |
| Target Price | 0.23 | |
| Number Of Employees | 42 | 18.84 K |
| Beta | 1.16 | -0.15 |
| Market Capitalization | 53.06 M | 19.03 B |
| Total Asset | 351.1 M | 29.47 B |
| Retained Earnings | (96.83 M) | 9.33 B |
| Working Capital | (100.19 K) | 1.48 B |
| Net Asset | 351.1 M |
Western Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Western . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 0.13 | |||
| Day Typical Price | 0.13 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 5.25 |
About Western Resources Buy or Sell Advice
When is the right time to buy or sell Western Resources Corp? Buying financial instruments such as Western Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 14.4M | 13.8M | 15.9M | 10.6M | Total Assets | 304.5M | 351.1M | 403.8M | 424.0M |
Use Investing Ideas to Build Portfolios
In addition to having Western Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Blend Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Western Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stocks Directory Find actively traded stocks across global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |