Westlake Chemical Stock Forward View - Simple Exponential Smoothing
| WLK Stock | USD 83.77 4.45 5.61% |
Westlake Stock outlook is based on your current time horizon. Although Westlake Chemical's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Westlake Chemical's systematic risk associated with finding meaningful patterns of Westlake Chemical fundamentals over time.
As of now, The relative strength index (RSI) of Westlake Chemical's share price is at 58. This entails that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Westlake Chemical, making its price go up or down. Momentum 58
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.62) | EPS Estimate Next Quarter (0.09) | EPS Estimate Current Year (2.24) | EPS Estimate Next Year 0.7247 | Wall Street Target Price 85.3571 |
Using Westlake Chemical hype-based prediction, you can estimate the value of Westlake Chemical from the perspective of Westlake Chemical response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Westlake Chemical using Westlake Chemical's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Westlake using crowd psychology based on the activity and movement of Westlake Chemical's stock price.
Westlake Chemical Short Interest
An investor who is long Westlake Chemical may also wish to track short interest. As short interest increases, investors should be becoming more worried about Westlake Chemical and may potentially protect profits, hedge Westlake Chemical with its derivative instruments, or be ready for some potential downside.
200 Day MA 78.4873 | Short Percent 0.19 | Short Ratio 4.2 | Shares Short Prior Month 5.5 M | 50 Day MA 74.42 |
Westlake Relative Strength Index
The Simple Exponential Smoothing forecasted value of Westlake Chemical on the next trading day is expected to be 83.77 with a mean absolute deviation of 1.53 and the sum of the absolute errors of 91.97.Westlake Chemical Hype to Price Pattern
Investor biases related to Westlake Chemical's public news can be used to forecast risks associated with an investment in Westlake. The trend in average sentiment can be used to explain how an investor holding Westlake can time the market purely based on public headlines and social activities around Westlake Chemical. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Westlake Chemical's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Westlake Chemical.
Westlake Chemical Implied Volatility | 0.65 |
Westlake Chemical's implied volatility exposes the market's sentiment of Westlake Chemical stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Westlake Chemical's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Westlake Chemical stock will not fluctuate a lot when Westlake Chemical's options are near their expiration.
The Simple Exponential Smoothing forecasted value of Westlake Chemical on the next trading day is expected to be 83.77 with a mean absolute deviation of 1.53 and the sum of the absolute errors of 91.97. Westlake Chemical after-hype prediction price | USD 84.22 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Westlake Chemical to cross-verify your projections. Prediction based on Rule 16 of the current Westlake contract
Based on the Rule 16, the options market is currently suggesting that Westlake Chemical will have an average daily up or down price movement of about 0.0406% per day over the life of the 2026-04-17 option contract. With Westlake Chemical trading at USD 83.77, that is roughly USD 0.034 . If you think that the market is fully incorporating Westlake Chemical's daily price movement you should consider acquiring Westlake Chemical options at the current volatility level of 0.65%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Westlake Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Westlake Chemical's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Westlake Chemical's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Westlake Chemical stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Westlake Chemical's open interest, investors have to compare it to Westlake Chemical's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Westlake Chemical is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Westlake. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Westlake Chemical Additional Predictive Modules
Most predictive techniques to examine Westlake price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Westlake using various technical indicators. When you analyze Westlake charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Westlake Chemical Simple Exponential Smoothing Price Forecast For the 4th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Westlake Chemical on the next trading day is expected to be 83.77 with a mean absolute deviation of 1.53, mean absolute percentage error of 4.01, and the sum of the absolute errors of 91.97.Please note that although there have been many attempts to predict Westlake Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Westlake Chemical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Westlake Chemical Stock Forecast Pattern
| Backtest Westlake Chemical | Westlake Chemical Price Prediction | Research Analysis |
Westlake Chemical Forecasted Value
In the context of forecasting Westlake Chemical's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Westlake Chemical's downside and upside margins for the forecasting period are 81.03 and 86.51, respectively. We have considered Westlake Chemical's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Westlake Chemical stock data series using in forecasting. Note that when a statistical model is used to represent Westlake Chemical stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.6624 |
| Bias | Arithmetic mean of the errors | -0.3082 |
| MAD | Mean absolute deviation | 1.5328 |
| MAPE | Mean absolute percentage error | 0.021 |
| SAE | Sum of the absolute errors | 91.97 |
Predictive Modules for Westlake Chemical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westlake Chemical. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Westlake Chemical After-Hype Price Density Analysis
As far as predicting the price of Westlake Chemical at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Westlake Chemical or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Westlake Chemical, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Westlake Chemical Estimiated After-Hype Price Volatility
In the context of predicting Westlake Chemical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Westlake Chemical's historical news coverage. Westlake Chemical's after-hype downside and upside margins for the prediction period are 81.49 and 86.95, respectively. We have considered Westlake Chemical's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Westlake Chemical is very steady at this time. Analysis and calculation of next after-hype price of Westlake Chemical is based on 3 months time horizon.
Westlake Chemical Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Westlake Chemical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westlake Chemical backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Westlake Chemical, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.45 | 2.74 | 0.49 | 0.05 | 8 Events / Month | 7 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
83.77 | 84.22 | 0.54 |
|
Westlake Chemical Hype Timeline
On the 3rd of February Westlake Chemical is traded for 83.77. The entity has historical hype elasticity of 0.49, and average elasticity to hype of competition of -0.05. Westlake is expected to increase in value after the next headline, with the price projected to jump to 84.22 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 0.54%, whereas the daily expected return is at this time at 0.45%. The volatility of related hype on Westlake Chemical is about 2660.19%, with the expected price after the next announcement by competition of 83.72. The company reported the last year's revenue of 12.14 B. Total Income to common stockholders was 647 M with profit before taxes, overhead, and interest of 1.05 B. Considering the 90-day investment horizon the next expected press release will be in about 8 days. Check out Historical Fundamental Analysis of Westlake Chemical to cross-verify your projections.Westlake Chemical Related Hype Analysis
Having access to credible news sources related to Westlake Chemical's direct competition is more important than ever and may enhance your ability to predict Westlake Chemical's future price movements. Getting to know how Westlake Chemical's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Westlake Chemical may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ALB | Albemarle Corp | 0.83 | 9 per month | 2.98 | 0.23 | 6.48 | (5.81) | 14.41 | |
| NEU | NewMarket | (2.32) | 10 per month | 0.00 | (0.11) | 2.25 | (2.77) | 11.14 | |
| EMN | Eastman Chemical | 0.38 | 10 per month | 1.77 | 0.08 | 4.94 | (3.60) | 9.74 | |
| MOS | The Mosaic | 0.34 | 11 per month | 0.00 | (0.05) | 4.05 | (4.97) | 11.69 | |
| ICL | ICL Israel Chemicals | 0.08 | 10 per month | 0.00 | (0.12) | 2.38 | (3.62) | 18.08 | |
| ESI | Element Solutions | (0.34) | 24 per month | 1.73 | 0.05 | 3.96 | (3.60) | 10.60 | |
| AXTA | Axalta Coating Systems | 0.35 | 9 per month | 1.20 | 0.09 | 2.69 | (2.53) | 7.97 | |
| AA | Alcoa Corp | 1.42 | 8 per month | 2.69 | 0.16 | 6.40 | (5.54) | 14.55 | |
| HL | Hecla Mining | (1.54) | 9 per month | 4.04 | 0.17 | 8.95 | (6.19) | 27.31 | |
| EQX | Equinox Gold Corp | (0.23) | 7 per month | 3.28 | 0.12 | 7.15 | (5.39) | 20.51 |
Other Forecasting Options for Westlake Chemical
For every potential investor in Westlake, whether a beginner or expert, Westlake Chemical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Westlake Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Westlake. Basic forecasting techniques help filter out the noise by identifying Westlake Chemical's price trends.Westlake Chemical 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 Westlake Chemical stock to make a market-neutral strategy. Peer analysis of Westlake Chemical could also be used in its relative valuation, which is a method of valuing Westlake Chemical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Westlake Chemical Market Strength Events
Market strength indicators help investors to evaluate how Westlake Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westlake Chemical shares will generate the highest return on investment. By undertsting and applying Westlake Chemical stock market strength indicators, traders can identify Westlake Chemical entry and exit signals to maximize returns.
Westlake Chemical Risk Indicators
The analysis of Westlake Chemical'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 Westlake Chemical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting westlake 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.
| Mean Deviation | 2.19 | |||
| Semi Deviation | 2.44 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.08 | |||
| Downside Variance | 7.17 | |||
| Semi Variance | 5.94 | |||
| Expected Short fall | (2.30) |
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.
Story Coverage note for Westlake Chemical
The number of cover stories for Westlake Chemical depends on current market conditions and Westlake Chemical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Westlake Chemical is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Westlake Chemical's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Westlake Chemical Short Properties
Westlake Chemical's future price predictability will typically decrease when Westlake Chemical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Westlake Chemical often depends not only on the future outlook of the potential Westlake Chemical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Westlake Chemical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 129.2 M | |
| Cash And Short Term Investments | 2.9 B |
Check out Historical Fundamental Analysis of Westlake Chemical to cross-verify your projections. For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Commodity Chemicals 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 Westlake Chemical. Anticipated expansion of Westlake directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Westlake Chemical assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.62) | Dividend Share 2.105 | Earnings Share (7.43) | Revenue Per Share | Quarterly Revenue Growth (0.09) |
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical'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 Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical'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 Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Westlake Chemical's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.