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.
IPO Date
20th of June 1995
200 Day MA
163.2382
50 Day MA
186.8366
Beta
1.272
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Sharpe Ratio = 0.2281

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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   PreviousNext  
Open Value
141.71
138.40
Downside
142.03
Closing Value
145.02
Upside

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 ReportedProjected for Next Year
Common Stock Shares Outstanding179.5 M113.7 M
Net Income Applicable To Common Shares728 M764.3 M

Westinghouse Air Quarterly Net Working Capital

1.09 Billion

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.
A focus of Westinghouse Air technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Westinghouse Air 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

Westinghouse Air Period Price Range

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November 21, 2024
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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.

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.
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