Western Alaska Minerals Stock Market Value
| WAM Stock | 1.09 0.10 10.10% |
| Symbol | Western |
Western Alaska Minerals Price To Book Ratio
Western Alaska 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Western Alaska's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Western Alaska.
| 05/07/2025 |
| 08/05/2025 |
If you would invest 0.00 in Western Alaska on May 7, 2025 and sell it all today you would earn a total of 0.00 from holding Western Alaska Minerals or generate 0.0% return on investment in Western Alaska over 90 days. Western Alaska is related to or competes with Goliath Resources, Tectonic Metals, Eskay Mining, Pacific Ridge, and Nevada King. Western Alaska is entity of Canada. It is traded as Stock on V exchange. More
Western Alaska Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Western Alaska's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Western Alaska Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.09 | |||
| Information Ratio | 0.1337 | |||
| Maximum Drawdown | 42.25 | |||
| Value At Risk | (6.49) | |||
| Potential Upside | 13.33 |
Western Alaska Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Alaska's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Alaska's standard deviation. In reality, there are many statistical measures that can use Western Alaska historical prices to predict the future Western Alaska's volatility.| Risk Adjusted Performance | 0.1322 | |||
| Jensen Alpha | 0.8545 | |||
| Total Risk Alpha | 0.0293 | |||
| Sortino Ratio | 0.1651 | |||
| Treynor Ratio | 1.08 |
Western Alaska Minerals Backtested Returns
Western Alaska is abnormally volatile given 3 months investment horizon. Western Alaska Minerals shows Sharpe Ratio of 0.17, which attests that the company had a 0.17 % return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use Western Alaska Minerals Downside Deviation of 5.09, market risk adjusted performance of 1.09, and Mean Deviation of 4.29 to evaluate company specific risk that cannot be diversified away. Western Alaska holds a performance score of 13 on a scale of zero to a hundred. The firm maintains a market beta of 0.89, which attests to possible diversification benefits within a given portfolio. Western Alaska returns are very sensitive to returns on the market. As the market goes up or down, Western Alaska is expected to follow. Use Western Alaska Minerals rate of daily change, price action indicator, as well as the relationship between the skewness and potential upside , to analyze future returns on Western Alaska Minerals.
Auto-correlation | 0.75 |
Good predictability
Western Alaska Minerals has good predictability. Overlapping area represents the amount of predictability between Western Alaska time series from 7th of May 2025 to 21st of June 2025 and 21st of June 2025 to 5th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Western Alaska Minerals price movement. The serial correlation of 0.75 indicates that around 75.0% of current Western Alaska price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Western Alaska Minerals lagged returns against current returns
Autocorrelation, which is Western Alaska stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Western Alaska's stock expected returns. We can calculate the autocorrelation of Western Alaska returns to help us make a trade decision. For example, suppose you find that Western Alaska has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Western Alaska regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Western Alaska stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Western Alaska stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Western Alaska stock over time.
Current vs Lagged Prices |
| Timeline |
Western Alaska Lagged Returns
When evaluating Western Alaska's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Western Alaska stock have on its future price. Western Alaska autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Western Alaska autocorrelation shows the relationship between Western Alaska stock current value and its past values and can show if there is a momentum factor associated with investing in Western Alaska Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Western Stock Analysis
When running Western Alaska's price analysis, check to measure Western Alaska'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 Alaska is operating at the current time. Most of Western Alaska's value examination focuses on studying past and present price action to predict the probability of Western Alaska'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 Alaska's price. Additionally, you may evaluate how the addition of Western Alaska to your portfolios can decrease your overall portfolio volatility.