Western Investment Stock Today

WI Stock  CAD 0.48  0.05  9.43%   

Performance

5 of 100

 
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Odds Of Distress

Less than 10

 
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Western Investment is selling for under 0.48 as of the 28th of March 2024; that is -9.43 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.48. Western Investment has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Western Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Financial Services
Classification
Financials
The Western Investment Company of Canada Limited, through its subsidiaries, operates as an automotive glass service company in Canada. The company was incorporated in 2015 and is headquartered in High River, Canada. THE WESTERN operates under Asset Management classification in Exotistan and is traded on Commodity Exchange. The company has 30.21 M outstanding shares of which 34 K shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover. More on Western Investment

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Western 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. Western Investment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Investment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOScott Tannas
Thematic Ideas
(View all Themes)
Business ConcentrationAsset Management & Custody Banks, Financial Services, Diversified Assets, Investing, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Western Investment's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Western Investment's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Investment's financial leverage. It provides some insight into what part of Western Investment's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Western Investment's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Western Investment deploys its capital and how much of that capital is borrowed.
Liquidity
Western Investment cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 6.08 M in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. Western Investment has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Western Investment until it has trouble settling it off, either with new capital or with free cash flow. So, Western Investment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Investment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Investment's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

344,753
Western Investment (WI) is traded on TSX Venture Exchange in Canada and employs 2 people. Western Investment is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Investment's market, we take the total number of its shares issued and multiply it by Western Investment'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 Investment conducts business under Capital Markets sector and is part of Financials industry. The entity has 30.21 M outstanding shares of which 34 K shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover. Western Investment currently holds about 10.9 K in cash with (463.36 K) of positive cash flow from operations.
Check Western Investment Probability Of Bankruptcy
Ownership Allocation
Western Investment retains a total of 30.21 Million outstanding shares. Western Investment maintains 11.34 (%) of its outstanding shares held by insiders and 0.0 (%) owned by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Western Ownership Details

Western Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Western Investment jumping above the current price in 90 days from now is about 18.38%. The Western Investment probability density function shows the probability of Western Investment stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Western Investment has a beta of 0.2402. This entails as returns on the market go up, Western Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Investment will be expected to be much smaller as well. Additionally, western Investment has an alpha of 0.2397, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.48HorizonTargetOdds Above 0.48
81.53%90 days
 0.48 
18.38%
Based on a normal probability distribution, the odds of Western Investment to move above the current price in 90 days from now is about 18.38 (This Western Investment probability density function shows the probability of Western Stock to fall within a particular range of prices over 90 days) .

Western Investment Risk Profiles

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

Western Stock Against Markets

Picking the right benchmark for Western Investment 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 Western Investment 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 Western Investment is critical whether you are bullish or bearish towards Western Investment at a given time. Please also check how Western Investment's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Western Investment 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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Western Investment Corporate Executives

Elected by the shareholders, the Western Investment's board of directors comprises two types of representatives: Western Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Investment's management team and ensure that shareholders' interests are well served. Western Investment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stacey CrossChief Financial OfficerProfile
Shafeen MawaniChief Operating OfficerProfile

How to buy Western Stock?

Before investing in Western Investment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Western Investment. To buy Western Investment stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Investment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Western Investment stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Western Investment stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Western Investment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Western Investment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Western Investment?

The danger of trading Western Investment 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 Western Investment 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 Western Investment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Investment 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.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Western Stock analysis

When running Western Investment's price analysis, check to measure Western Investment'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 Investment is operating at the current time. Most of Western Investment's value examination focuses on studying past and present price action to predict the probability of Western Investment'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 Investment's price. Additionally, you may evaluate how the addition of Western Investment to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Western Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Investment'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.