Western Alliance Bancorporation Preferred Stock Price on November 14, 2024
| WAL-PA Preferred Stock | USD 22.24 0.05 0.23% |
If you're considering investing in Western Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Western Alliance stands at 22.24, as last reported on the 11th of December 2024, with the highest price reaching 22.55 and the lowest price hitting 22.08 during the day. At this point, Western Alliance is very steady. Western Alliance Ban shows Sharpe Ratio of 0.1, which attests that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Western Alliance Ban, which you can use to evaluate the volatility of the company. Please check out Western Alliance's Mean Deviation of 0.8324, downside deviation of 1.21, and Market Risk Adjusted Performance of 0.1815 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Western Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = 0.1046
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Western Alliance is performing at about 8% 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 Western Alliance by adding it to a well-diversified portfolio.
Western Alliance Valuation on November 14, 2024
It is possible to determine the worth of Western Alliance on a given historical date. On November 14, 2024 Western was worth 21.47 at the beginning of the trading date compared to the closed value of 21.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Alliance preferred stock. Still, in general, we apply an absolute valuation method to find Western Alliance'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 Western Alliance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Alliance's related companies.
| Open | High | Low | Close | Volume | |
| 21.34 | 21.52 | 21.34 | 21.47 | 16,154 | |
11/14/2024 | 21.47 | 21.61 | 21.47 | 21.52 | 7,084 |
| 21.74 | 21.74 | 21.42 | 21.50 | 36,724 |
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Western Alliance Trading Date Momentum on November 14, 2024
| On November 15 2024 Western Alliance Bancorporation was traded for 21.50 at the closing time. The maximum traded price for the trading interval was 21.74 and the lowest daily price was 21.42 . The daily volume was recorded at 36.7 K. The volume of trading on 15th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.09% . The trading price change to the closing price today is 0.09% . |
Western Alliance Ban Fundamentals Correlations and Trends
By evaluating Western Alliance'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 Western Alliance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Western Alliance Preferred Stock history
Western Alliance 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 Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Alliance Ban 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 Western Alliance stock prices may prove useful in developing a viable investing in Western Alliance
Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona. WESTERN ALLIANCE operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 3368 people.
Western Alliance Preferred Stock Technical Analysis
Western Alliance technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Western Alliance Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Western Alliance Bancorporation cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Western Alliance December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Alliance preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Alliance shares will generate the highest return on investment. By undertsting and applying Western Alliance preferred stock market strength indicators, traders can identify Western Alliance Bancorporation entry and exit signals to maximize returns
Western Alliance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western Alliance's price direction in advance. Along with the technical and fundamental analysis of Western Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western 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 | 0.0742 | |||
| Jensen Alpha | 0.033 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1715 |
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Complementary Tools for Western Preferred Stock analysis
When running Western Alliance's price analysis, check to measure Western Alliance'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 Western Alliance is operating at the current time. Most of Western Alliance's value examination focuses on studying past and present price action to predict the probability of Western Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Alliance's price. Additionally, you may evaluate how the addition of Western Alliance to your portfolios can decrease your overall portfolio volatility.
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