Westinghouse Air Brake Stock Price on March 8, 2024
WAB Stock | USD 194.43 1.69 0.86% |
Below is the normalized historical share price chart for Westinghouse Air Brake extending back to June 16, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Westinghouse Air stands at 194.43, as last reported on the 21st of November, with the highest price reaching 197.34 and the lowest price hitting 193.33 during the day.
If you're considering investing in Westinghouse Stock, it is important to understand the factors that can impact its price. Westinghouse Air appears to be very steady, given 3 months investment horizon. Westinghouse Air Brake shows Sharpe Ratio of 0.23, which attests that the company had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Westinghouse Air Brake, which you can use to evaluate the volatility of the company. Please utilize Westinghouse Air's Market Risk Adjusted Performance of 0.2669, downside deviation of 0.889, and Mean Deviation of 0.8457 to validate if our risk estimates are consistent with your expectations.
At present, Westinghouse Air's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 19.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 113.7 M. . At present, Westinghouse Air's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.93, whereas Price To Sales Ratio is forecasted to decline to 1.24. Westinghouse Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of June 1995 | 200 Day MA 163.2382 | 50 Day MA 186.8366 | Beta 1.272 |
Westinghouse |
Sharpe Ratio = 0.2281
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | WAB | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Westinghouse Air is performing at about 17% of its full potential. 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 Westinghouse Air by adding it to a well-diversified portfolio.
Price Book 3.2605 | Enterprise Value Ebitda 17.6785 | Price Sales 3.2353 | Shares Float 171.4 M | Dividend Share 0.77 |
Westinghouse Air Main Headline on 8th of March 2024
Westinghouse Air Brake dividend paid on 8th of March 2024 |
Westinghouse Air Valuation on March 8, 2024
It is possible to determine the worth of Westinghouse Air on a given historical date. On March 8, 2024 Westinghouse was worth 141.71 at the beginning of the trading date compared to the closed value of 142.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westinghouse Air stock. Still, in general, we apply an absolute valuation method to find Westinghouse Air'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 Westinghouse Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westinghouse Air's related companies.
Open | High | Low | Close | Volume | |
141.41 | 142.16 | 141.00 | 141.50 | 656,555 | |
03/08/2024 | 141.71 | 142.35 | 141.38 | 142.03 | 595,908 |
141.87 | 141.87 | 138.79 | 140.51 | 1,174,344 |
Backtest Westinghouse Air | | | Westinghouse Air History | | | Westinghouse Air Valuation | Previous | Next |
Westinghouse Air Trading Date Momentum on March 8, 2024
On March 11 2024 Westinghouse Air Brake was traded for 140.51 at the closing time. Highest Westinghouse Air's price during the trading hours was 141.87 and the lowest price during the day was 138.79 . The net volume was 1.2 M. The overall trading history on the 11th of March 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.07% . The trading price change to current price is 1.67% . |
Westinghouse Air Brake Fundamentals Correlations and Trends
By evaluating Westinghouse Air's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Westinghouse Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westinghouse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westinghouse Air Stock history
Westinghouse Air 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 Westinghouse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westinghouse Air Brake 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 Westinghouse Air stock prices may prove useful in developing a viable investing in Westinghouse Air
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 179.5 M | 113.7 M | |
Net Income Applicable To Common Shares | 728 M | 764.3 M |
Westinghouse Air Quarterly Net Working Capital |
|
Westinghouse Air Stock Technical Analysis
Westinghouse Air technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Westinghouse Air Period Price Range
Low | November 21, 2024
| High |
0.00 | 0.00 |
Westinghouse Air Brake cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Westinghouse Air November 21, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westinghouse Air's price direction in advance. Along with the technical and fundamental analysis of Westinghouse Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westinghouse 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.
Risk Adjusted Performance | 0.208 | |||
Jensen Alpha | 0.195 | |||
Total Risk Alpha | 0.1661 | |||
Sortino Ratio | 0.2325 | |||
Treynor Ratio | 0.2569 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Westinghouse Stock analysis
When running Westinghouse Air's price analysis, check to measure Westinghouse Air'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 Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |