West Red's market value is the price at which a share of West Red trades on a public exchange. It measures the collective expectations of West Red Lake investors about its performance. West Red is trading at 0.6 as of the 26th of July 2025. This is a 3.23% down since the beginning of the trading day. The stock's lowest day price was 0.6. With this module, you can estimate the performance of a buy and hold strategy of West Red Lake and determine expected loss or profit from investing in West Red over a given investment horizon. Check out West Red Correlation, West Red Volatility and West Red Alpha and Beta module to complement your research on West Red.
Please note, there is a significant difference between West Red's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Red is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Red'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.
West Red '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 West Red's otc 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 West Red.
0.00
04/27/2025
No Change 0.00
0.0
In 3 months and 1 day
07/26/2025
0.00
If you would invest 0.00 in West Red on April 27, 2025 and sell it all today you would earn a total of 0.00 from holding West Red Lake or generate 0.0% return on investment in West Red over 90 days. West Red is related to or competes with SunOpta, JD Sports, Celsius Holdings, Beyond Meat, Kraft Heinz, and Sphere Entertainment. More
West Red 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 West Red's otc 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 West Red Lake upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for West Red's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as West Red's standard deviation. In reality, there are many statistical measures that can use West Red historical prices to predict the future West Red's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as West Red. Your research has to be compared to or analyzed against West Red's peers to derive any actionable benefits. When done correctly, West Red's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in West Red Lake.
West Red Lake Backtested Returns
West Red appears to be abnormally volatile, given 3 months investment horizon. West Red Lake shows Sharpe Ratio of 0.0988, which attests that the company had a 0.0988 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for West Red Lake, which you can use to evaluate the volatility of the company. Please utilize West Red's Mean Deviation of 2.53, downside deviation of 3.03, and Market Risk Adjusted Performance of (0.48) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, West Red holds a performance score of 7. The firm maintains a market beta of -0.66, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning West Red are expected to decrease at a much lower rate. During the bear market, West Red is likely to outperform the market. Please check West Red's potential upside and the relationship between the skewness and price action indicator , to make a quick decision on whether West Red's historical returns will revert.
Auto-correlation
-0.12
Insignificant reverse predictability
West Red Lake has insignificant reverse predictability. Overlapping area represents the amount of predictability between West Red time series from 27th of April 2025 to 11th of June 2025 and 11th of June 2025 to 26th of July 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 West Red Lake price movement. The serial correlation of -0.12 indicates that less than 12.0% of current West Red price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.12
Spearman Rank Test
-0.12
Residual Average
0.0
Price Variance
0.0
West Red Lake lagged returns against current returns
Autocorrelation, which is West Red otc 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 West Red's otc stock expected returns. We can calculate the autocorrelation of West Red returns to help us make a trade decision. For example, suppose you find that West Red has exhibited high autocorrelation historically, and you observe that the otc 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
West Red 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 West Red otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if West Red otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in West Red otc stock over time.
Current vs Lagged Prices
Timeline
West Red Lagged Returns
When evaluating West Red's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of West Red otc stock have on its future price. West Red 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, West Red autocorrelation shows the relationship between West Red otc stock current value and its past values and can show if there is a momentum factor associated with investing in West Red Lake.
West Red financial ratios help investors to determine whether West OTC Stock 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 West with respect to the benefits of owning West Red security.