Western OTC Stock Today

WFSTF
 Stock
  

USD 0.89  0.07  8.54%   

Market Performance
0 of 100
Odds Of Distress
Less than 29
Western Forest is trading at 0.89 as of the 30th of November 2022, a 8.54 percent increase since the beginning of the trading day. The stock's lowest day price was 0.89. Western Forest has about a 29 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Western Forest Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2022 and ending today, the 30th of November 2022. Click here to learn more.
Western Forest Products Inc. engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. The company has 341.47 M outstanding shares. More on Western Forest Products

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Western Forest OTC 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 Forest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Forest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Western Forest generated a negative expected return over the last 90 days
Western Forest has some characteristics of a very speculative penny stock
Western Forest has high historical volatility and very poor performance
Latest headline from news.google.com: Western Forest Products Third Quarter 2022 Earnings Beats Expectations - Yahoo Finance
CEODonald Demens
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Western Forest's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Western Forest Products [WFSTF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Small-Cap' category with current market capitalization of 307.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Forest's market, we take the total number of its shares issued and multiply it by Western Forest'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 these looking for more risk prefer small-cap and mid-cap equities. Western Forest Products classifies itself under Basic Materials sector and is part of Lumber & Wood Production industry. The entity has 341.47 M outstanding shares. Western Forest Products has accumulated about 84.3 M in cash with 108.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26.
Check Western Forest Probability Of Bankruptcy
Ownership
Western Forest Products owns a total of 341.47 Million outstanding shares. Over half of Western Forest Products outstanding shares are owned by institutional investors. These institutional investors are typically referred to corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Western Forest Products. Please watch out for any change in the institutional holdings of Western Forest Products as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

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Western Stock Price Odds Analysis

What are Western Forest's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Western Forest jumping above the current price in 90 days from now is about 75.56%. The Western Forest Products probability density function shows the probability of Western Forest otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Western Forest has a beta of 0.0379. This entails as returns on the market go up, Western Forest average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Forest Products will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Western Forest Products is significantly underperforming DOW.
  Odds Below 0.89HorizonTargetOdds Above 0.89
24.34%90 days
 0.89 
75.56%
Based on a normal probability distribution, the odds of Western Forest to move above the current price in 90 days from now is about 75.56 (This Western Forest Products probability density function shows the probability of Western OTC Stock to fall within a particular range of prices over 90 days) .

Western Forest Products Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Forest market risk premium is the additional return an investor will receive from holding Western Forest 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 Forest. 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 Forest's alpha and beta are two of the key measurements used to evaluate Western Forest'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 Forest otc 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 Forest otc 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 Forest is critical whether you are bullish or bearish towards Western Forest Products at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Western Forest 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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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Western Forest Corporate Directors

Western Forest corporate directors refer to members of a Western Forest board of directors. The board of directors generally takes responsibility for the Western Forest's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Western Forest's board members must vote for the resolution. The Western Forest board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
James Arthurs - Independent DirectorProfile
Jane Bird - DirectorProfile
Cheri Phyfer - DirectorProfile
Daniel NOCENTE - DirectorProfile

Invested in Western Forest Products?

The danger of trading Western Forest Products 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 Forest 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 Forest. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Forest Products 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. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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