The Westaim Stock Market Value
| WEDXF Stock | USD 21.78 0.33 1.54% |
| Symbol | Westaim |
Westaim '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 Westaim's pink sheet 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 Westaim.
| 05/18/2025 |
| 08/16/2025 |
If you would invest 0.00 in Westaim on May 18, 2025 and sell it all today you would earn a total of 0.00 from holding The Westaim or generate 0.0% return on investment in Westaim over 90 days. Westaim is related to or competes with Burford Capital, Helios Fairfax, Senvest Capital, Dundee Corp, and Dynacor Gold. The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, j... More
Westaim 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 Westaim's pink sheet 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 The Westaim upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.75 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 2.46 |
Westaim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westaim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Westaim's standard deviation. In reality, there are many statistical measures that can use Westaim historical prices to predict the future Westaim's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (1.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Westaim's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Westaim Backtested Returns
Westaim shows Sharpe Ratio of -0.0565, which attests that the company had a -0.0565 % return per unit of risk over the last 3 months. Westaim exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Westaim's Standard Deviation of 1.38, market risk adjusted performance of (1.64), and Mean Deviation of 0.9115 to validate the risk estimate we provide. The firm maintains a market beta of 0.0776, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Westaim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Westaim is expected to be smaller as well. At this point, Westaim has a negative expected return of -0.0784%. Please make sure to check out Westaim's maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to decide if Westaim performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
The Westaim has below average predictability. Overlapping area represents the amount of predictability between Westaim time series from 18th of May 2025 to 2nd of July 2025 and 2nd of July 2025 to 16th 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 Westaim price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Westaim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Westaim lagged returns against current returns
Autocorrelation, which is Westaim pink sheet'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 Westaim's pink sheet expected returns. We can calculate the autocorrelation of Westaim returns to help us make a trade decision. For example, suppose you find that Westaim has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Westaim 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 Westaim pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Westaim pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Westaim pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Westaim Lagged Returns
When evaluating Westaim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Westaim pink sheet have on its future price. Westaim 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, Westaim autocorrelation shows the relationship between Westaim pink sheet current value and its past values and can show if there is a momentum factor associated with investing in The Westaim.
Regressed Prices |
| Timeline |
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Other Information on Investing in Westaim Pink Sheet
Westaim financial ratios help investors to determine whether Westaim Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westaim with respect to the benefits of owning Westaim security.