Western Acquisition Ventures Stock Beta
| WAVS Stock | USD 11.79 0.63 5.65% |
Western Acquisition Ventures fundamentals help investors to digest information that contributes to Western Acquisition's financial success or failures. It also enables traders to predict the movement of Western Stock. The fundamental analysis module provides a way to measure Western Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Western Acquisition stock.
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Western Acquisition Ventures Company Beta Analysis
Western Acquisition's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Western Acquisition Beta | -0.18 |
Most of Western Acquisition's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Western Acquisition Ventures is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Western Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Western Acquisition is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Beta. Since Western Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Western Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Western Acquisition's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Western Acquisition Ventures has a Beta of -0.185. This is 122.56% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The beta for all United States stocks is 23.33% higher than that of the company.
Western Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Acquisition's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Acquisition could also be used in its relative valuation, which is a method of valuing Western Acquisition by comparing valuation metrics of similar companies.Western Acquisition is currently under evaluation in beta category among its peers.
Western Acquisition ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Western Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Western Acquisition's managers, analysts, and investors.Environmental | Governance | Social |
Western Acquisition Institutional Holders
Institutional Holdings refers to the ownership stake in Western Acquisition that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Western Acquisition's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Western Acquisition's value.| Shares | Rivernorth Capital Management, Llc | 2024-06-30 | 99.8 K | Clear Street Llc | 2024-06-30 | 23.3 K | Meteora Capital, Llc | 2024-06-30 | 23.1 K | Walleye Trading Advisors, Llc | 2024-06-30 | 20.4 K | Walleye Trading Llc | 2024-06-30 | 11.5 K | Elequin Capital Lp | 2024-03-31 | 0.0 | Blackrock Inc | 2024-06-30 | 0.0 | Flow Traders U.s. Llc | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-06-30 | 0.0 |
As returns on the market increase, returns on owning Western Acquisition are expected to decrease at a much lower rate. During the bear market, Western Acquisition is likely to outperform the market.
Western Fundamentals
| Return On Equity | -0.29 | ||||
| Return On Asset | -0.15 | ||||
| Current Valuation | 41.44 M | ||||
| Shares Outstanding | 3.5 M | ||||
| Shares Owned By Insiders | 60.75 % | ||||
| Shares Owned By Institutions | 26.57 % | ||||
| Number Of Shares Shorted | 239 | ||||
| Price To Book | 201.69 X | ||||
| EBITDA | (1.1 M) | ||||
| Net Income | (1.03 M) | ||||
| Cash And Equivalents | 618.56 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 204.22 K | ||||
| Debt To Equity | 5.87 % | ||||
| Current Ratio | 0.01 X | ||||
| Book Value Per Share | (0.96) X | ||||
| Cash Flow From Operations | (940.73 K) | ||||
| Short Ratio | 0.20 X | ||||
| Earnings Per Share | (0.22) X | ||||
| Beta | -0.18 | ||||
| Market Capitalization | 41.24 M | ||||
| Total Asset | 3.41 M | ||||
| Retained Earnings | (3.2 M) | ||||
| Working Capital | (3.19 M) | ||||
| Net Asset | 3.41 M |
About Western Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Acquisition Ventures's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Acquisition Ventures based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Western Stock Analysis
When running Western Acquisition's price analysis, check to measure Western Acquisition'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 Acquisition is operating at the current time. Most of Western Acquisition's value examination focuses on studying past and present price action to predict the probability of Western Acquisition'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 Acquisition's price. Additionally, you may evaluate how the addition of Western Acquisition to your portfolios can decrease your overall portfolio volatility.