WESTLAKE CHEM P Price on November 6, 2024

960413AT9   96.21  1.70  1.74%   
If you're considering investing in WESTLAKE Bond, it is important to understand the factors that can impact its price. As of today, the current price of WESTLAKE stands at 96.21, as last reported on the 22nd of November, with the highest price reaching 96.21 and the lowest price hitting 96.21 during the day. WESTLAKE CHEM P shows Sharpe Ratio of -0.0999, which attests that the bond had a -0.0999% return per unit of risk over the last 3 months. WESTLAKE CHEM P exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WESTLAKE's Standard Deviation of 0.3345, mean deviation of 0.1906, and Market Risk Adjusted Performance of (0.68) to validate the risk estimate we provide.
  
WESTLAKE Bond price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0999

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Estimated Market Risk

 0.32
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average WESTLAKE is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of WESTLAKE by adding WESTLAKE to a well-diversified portfolio.

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WESTLAKE Valuation on November 6, 2024

It is possible to determine the worth of WESTLAKE on a given historical date. On November 6, 2024 WESTLAKE was worth 97.47 at the beginning of the trading date compared to the closed value of 97.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WESTLAKE bond. Still, in general, we apply an absolute valuation method to find WESTLAKE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of WESTLAKE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WESTLAKE's related companies.
 Open High Low Close Volume
  97.87    97.87    97.87    97.87    1.00  
11/06/2024
  97.47    97.47    97.47    97.47    1.00  
  98.24    98.24    98.24    98.24    1.00  
Backtest WESTLAKE  |  WESTLAKE History  |  WESTLAKE Valuation   PreviousNext  
Open Value
97.47
97.47
Closing Value
98.42
Upside

WESTLAKE Trading Date Momentum on November 6, 2024

On November 07 2024 WESTLAKE CHEM P was traded for  98.24  at the closing time. The highest price during the trading period was 98.24  and the lowest recorded bid was listed for  98.24 . There was no trading activity during the period 1.0. Lack of trading volume on November 7, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.79% . The trading price change to the current price is 0.54% .

About WESTLAKE Bond history

WESTLAKE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for WESTLAKE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WESTLAKE CHEM P will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing WESTLAKE stock prices may prove useful in developing a viable investing in WESTLAKE

WESTLAKE Bond Technical Analysis

WESTLAKE technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.
A focus of WESTLAKE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WESTLAKE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

WESTLAKE Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

WESTLAKE CHEM P cannot be verified against its exchange. Please verify the symbol is currently traded on Bond Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

WESTLAKE November 22, 2024 Market Strength

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

WESTLAKE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WESTLAKE's price direction in advance. Along with the technical and fundamental analysis of WESTLAKE Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of WESTLAKE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in WESTLAKE Bond

WESTLAKE financial ratios help investors to determine whether WESTLAKE Bond 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 WESTLAKE with respect to the benefits of owning WESTLAKE security.