Western Energy Services Stock Net Income
| WRG Stock | CAD 2.30 0.02 0.86% |
As of the 29th of January, Western Energy maintains the Market Risk Adjusted Performance of 0.1657, downside deviation of 2.42, and Mean Deviation of 1.08. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Energy Services, as well as the relationship between them.
Western Energy's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Western Energy's valuation are provided below:Western Energy Services does not presently have any fundamental gauges for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Western |
Western Energy '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 Energy'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 Energy.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Western Energy on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Western Energy Services or generate 0.0% return on investment in Western Energy over 90 days. Western Energy is related to or competes with AKITA Drilling, Arrow Exploration, Fission 30, Africa Energy, Orca Energy, New Stratus, and Touchstone Exploration. Western Energy Services Corp. operates as an oilfield service company in Canada and the United States More
Western Energy 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 Energy'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 Energy Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.0192 | |||
| Maximum Drawdown | 11.07 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.41 |
Western Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Energy's standard deviation. In reality, there are many statistical measures that can use Western Energy historical prices to predict the future Western Energy's volatility.| Risk Adjusted Performance | 0.0488 | |||
| Jensen Alpha | 0.0595 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 0.1557 |
Western Energy January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0488 | |||
| Market Risk Adjusted Performance | 0.1657 | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.26 | |||
| Downside Deviation | 2.42 | |||
| Coefficient Of Variation | 1725.51 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.74 | |||
| Information Ratio | 0.0192 | |||
| Jensen Alpha | 0.0595 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 0.1557 | |||
| Maximum Drawdown | 11.07 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.41 | |||
| Downside Variance | 5.84 | |||
| Semi Variance | 1.59 | |||
| Expected Short fall | (2.68) | |||
| Skewness | 0.9295 | |||
| Kurtosis | 4.22 |
Western Energy Services Backtested Returns
As of now, Western Stock is relatively risky. Western Energy Services shows Sharpe Ratio of 0.0584, which attests that the company had a 0.0584 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western Energy Services, which you can use to evaluate the volatility of the company. Please check out Western Energy's Downside Deviation of 2.42, market risk adjusted performance of 0.1657, and Mean Deviation of 1.08 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Western Energy has a performance score of 4 on a scale of 0 to 100. 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, Western Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Energy is expected to be smaller as well. Western Energy Services right now maintains a risk of 1.95%. Please check out Western Energy Services skewness, and the relationship between the potential upside and rate of daily change , to decide if Western Energy Services will be following its historical returns.
Auto-correlation | 0.01 |
Virtually no predictability
Western Energy Services has virtually no predictability. Overlapping area represents the amount of predictability between Western Energy time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. 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 Energy Services price movement. The serial correlation of 0.01 indicates that just 1.0% of current Western Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Western Energy Services reported net income of (6.87 Million). This is 100.3% lower than that of the Energy Equipment & Services sector and 98.29% lower than that of the Energy industry. The net income for all Canada stocks is 101.2% higher than that of the company.
Western Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Energy could also be used in its relative valuation, which is a method of valuing Western Energy by comparing valuation metrics of similar companies.Western Energy is currently under evaluation in net income category among its peers.
Western Fundamentals
| Return On Equity | -0.0222 | |||
| Return On Asset | 0.0039 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 171.88 M | |||
| Shares Outstanding | 33.84 M | |||
| Shares Owned By Insiders | 33.53 % | |||
| Shares Owned By Institutions | 49.60 % | |||
| Number Of Shares Shorted | 449 | |||
| Price To Earning | 0.13 X | |||
| Price To Book | 0.28 X | |||
| Price To Sales | 0.36 X | |||
| Revenue | 223.08 M | |||
| Gross Profit | 62.19 M | |||
| EBITDA | 42.65 M | |||
| Net Income | (6.87 M) | |||
| Cash And Equivalents | 3.79 M | |||
| Cash Per Share | 0.40 X | |||
| Total Debt | 98.75 M | |||
| Debt To Equity | 0.43 % | |||
| Current Ratio | 1.61 X | |||
| Book Value Per Share | 8.43 X | |||
| Cash Flow From Operations | 46.8 M | |||
| Short Ratio | 0.32 X | |||
| Earnings Per Share | (0.19) X | |||
| Price To Earnings To Growth | 0.19 X | |||
| Target Price | 2.75 | |||
| Number Of Employees | 615 | |||
| Beta | 0.84 | |||
| Market Capitalization | 78.52 M | |||
| Total Asset | 430.98 M | |||
| Retained Earnings | (281.83 M) | |||
| Working Capital | 9.91 M | |||
| Current Asset | 102.06 M | |||
| Current Liabilities | 31.38 M | |||
| Net Asset | 430.98 M |
About Western Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Energy Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Energy Services 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.
Pair Trading with Western Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Western Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Western Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Western Stock
The ability to find closely correlated positions to Western Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Western Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Western Energy Services to buy it.
The correlation of Western Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Western Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Western Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Western Stock
Western Energy financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Energy security.