Watsco Inc Stock Price on October 23, 2024
| WSO Stock | USD 554.67 4.17 0.76% |
Below is the normalized historical share price chart for Watsco Inc extending back to June 07, 1984. 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 Watsco stands at 554.67, as last reported on the 29th of November, with the highest price reaching 555.83 and the lowest price hitting 548.41 during the day.
If you're considering investing in Watsco Stock, it is important to understand the factors that can impact its price. Watsco appears to be very steady, given 3 months investment horizon. Watsco Inc shows Sharpe Ratio of 0.2, which attests that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Watsco Inc, which you can use to evaluate the volatility of the company. Please utilize Watsco's Mean Deviation of 1.38, downside deviation of 1.82, and Market Risk Adjusted Performance of 0.1844 to validate if our risk estimates are consistent with your expectations.
At this time, Watsco's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 3.9 B, while Common Stock Shares Outstanding is likely to drop about 27.7 M. . At this time, Watsco's Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Book Value Ratio is likely to grow to 7.37, while Price Earnings Ratio is likely to drop 15.27. Watsco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of June 1984 | 200 Day MA 466.4319 | 50 Day MA 504.1582 | Beta 0.874 |
Watsco |
Sharpe Ratio = 0.1974
| Best Portfolio | Best Equity | |||
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| Small Returns | WSO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Watsco is performing at about 15% 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 Watsco by adding it to a well-diversified portfolio.
Price Book 8.3069 | Enterprise Value Ebitda 28.0665 | Price Sales 2.9848 | Shares Float 32.4 M | Dividend Share 10.3 |
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Watsco Valuation on October 23, 2024
It is possible to determine the worth of Watsco on a given historical date. On October 23, 2024 Watsco was worth 457.29 at the beginning of the trading date compared to the closed value of 466.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Watsco stock. Still, in general, we apply an absolute valuation method to find Watsco'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 Watsco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Watsco's related companies.
| Open | High | Low | Close | Volume | |
| 490.37 | 492.48 | 484.29 | 484.77 | 437,685 | |
10/23/2024 | 457.29 | 472.37 | 457.29 | 466.42 | 657,692 |
| 469.85 | 478.97 | 468.45 | 478.26 | 208,942 |
| Backtest Watsco | | | Watsco History | | | Watsco Valuation | Previous | Next |
Watsco Trading Date Momentum on October 23, 2024
| On October 24 2024 Watsco Inc was traded for 478.26 at the closing time. Highest Watsco's price during the trading hours was 478.97 and the lowest price during the day was 468.45 . The net volume was 208.9 K. The overall trading history on the 24th of October contributed to the next trading period price boost. The trading price change to the next next day price was 2.54% . The trading price change to current price is 1.40% . |
Watsco Inc Fundamentals Correlations and Trends
By evaluating Watsco'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 Watsco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Watsco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Watsco Stock history
Watsco 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 Watsco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Watsco Inc 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 Watsco stock prices may prove useful in developing a viable investing in Watsco
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 36.5 M | 27.7 M | |
| Net Income Applicable To Common Shares | 632.4 M | 664 M |
Watsco Quarterly Net Working Capital |
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Watsco Stock Technical Analysis
Watsco 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
Watsco Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Watsco November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Watsco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Watsco shares will generate the highest return on investment. By undertsting and applying Watsco stock market strength indicators, traders can identify Watsco Inc entry and exit signals to maximize returns
Watsco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Watsco's price direction in advance. Along with the technical and fundamental analysis of Watsco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Watsco 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 | 0.1227 | |||
| Jensen Alpha | 0.0874 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0785 | |||
| Treynor Ratio | 0.1744 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Trading Companies & Distributors 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 Watsco. If investors know Watsco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Watsco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 10.3 | Earnings Share 12.98 | Revenue Per Share 200.984 | Quarterly Revenue Growth 0.016 |
The market value of Watsco Inc is measured differently than its book value, which is the value of Watsco that is recorded on the company's balance sheet. Investors also form their own opinion of Watsco's value that differs from its market value or its book value, called intrinsic value, which is Watsco'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 Watsco's market value can be influenced by many factors that don't directly affect Watsco'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 Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.