Westinghouse Air Stock Forecast - Day Typical Price

WAB Stock  USD 198.03  3.60  1.85%   
Westinghouse Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Westinghouse Air stock prices and determine the direction of Westinghouse Air Brake's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Westinghouse Air's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Westinghouse Air's Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Payables Turnover is expected to grow to 8.21, whereas Fixed Asset Turnover is forecasted to decline to 5.04. . The current year's Net Income Applicable To Common Shares is expected to grow to about 764.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 113.7 M.
Westinghouse Air Brake has current Day Typical Price of 196.83. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Westinghouse Air Trading Date Momentum

On November 21 2024 Westinghouse Air Brake was traded for  198.03  at the closing time. Highest Westinghouse Air's price during the trading hours was 198.59  and the lowest price during the day was  193.87 . The net volume was 693.2 K. The overall trading history on the 21st of November had no short-term effect on price fluctuation. The trading price change to current price is 1.82% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Westinghouse Air

For every potential investor in Westinghouse, whether a beginner or expert, Westinghouse Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Westinghouse Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Westinghouse. Basic forecasting techniques help filter out the noise by identifying Westinghouse Air's price trends.

Westinghouse Air Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Westinghouse Air stock to make a market-neutral strategy. Peer analysis of Westinghouse Air could also be used in its relative valuation, which is a method of valuing Westinghouse Air by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Westinghouse Air Brake Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Westinghouse Air's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Westinghouse Air's current price.

Westinghouse Air Market Strength Events

Market strength indicators help investors to evaluate how Westinghouse Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westinghouse Air shares will generate the highest return on investment. By undertsting and applying Westinghouse Air stock market strength indicators, traders can identify Westinghouse Air Brake entry and exit signals to maximize returns.

Westinghouse Air Risk Indicators

The analysis of Westinghouse Air's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Westinghouse Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting westinghouse stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:
Check out Historical Fundamental Analysis of Westinghouse Air to cross-verify your projections.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westinghouse Air. If investors know Westinghouse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westinghouse Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.226
Dividend Share
0.77
Earnings Share
6.01
Revenue Per Share
58.76
Quarterly Revenue Growth
0.044
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.