Watsco Inc Stock Price on November 22, 2024
| WSO-B Stock | USD 535.00 0.00 0.00% |
Below is the normalized historical share price chart for Watsco Inc extending back to March 17, 1980. 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 535.00, as last reported on the 11th of December 2024, with the highest price reaching 535.00 and the lowest price hitting 535.00 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 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Watsco Inc, which you can use to evaluate the volatility of the company. Please utilize Watsco's Mean Deviation of 0.6508, market risk adjusted performance of 0.5359, and Standard Deviation of 1.82 to validate if our risk estimates are consistent with your expectations.
At present, Watsco'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 3.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 27.7 M. . At present, Watsco's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 7.37, whereas Price Earnings Ratio is forecasted to decline to 15.27. Watsco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of March 1992 | 200 Day MA 460.175 | 50 Day MA 506.1884 | Beta 0.874 |
Watsco |
Sharpe Ratio = 0.1642
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Watsco is performing at about 12% 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 8.0123 | Enterprise Value Ebitda 26.8379 | Price Sales 2.8549 | Shares Float 32.4 M | Dividend Share 10.3 |
Watsco Main Headline on 22nd of November 2024
Watsco reported earnings 30 days ago. Whats next for the stock We take a look at earnings estimates for some clues.
Watsco Valuation on November 22, 2024
It is possible to determine the worth of Watsco on a given historical date. On November 22, 2024 Watsco was worth 535.0 at the beginning of the trading date compared to the closed value of 535.0. 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 | |
| 535.00 | 535.00 | 535.00 | 535.00 | 208.00 | |
11/22/2024 | 535.00 | 535.00 | 535.00 | 535.00 | 40.00 |
| 535.00 | 535.00 | 535.00 | 535.00 | 1.00 |
| Backtest Watsco | | | Watsco History | | | Watsco Valuation | Previous | Next |
Watsco Trading Date Momentum on November 22, 2024
| On November 25 2024 Watsco Inc was traded for 535.00 at the closing time. The highest daily price throughout the period was 535.00 and the lowest price was 535.00 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
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 | 691.3 M | 725.9 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 | December 11, 2024
| High |
0.00 | 0.00 |
Watsco Inc 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.
Watsco December 11, 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 | 0.0746 | |||
| Jensen Alpha | 0.1272 | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.5259 |
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Complementary Tools for Watsco Stock analysis
When running Watsco's price analysis, check to measure Watsco'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 Watsco is operating at the current time. Most of Watsco's value examination focuses on studying past and present price action to predict the probability of Watsco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watsco's price. Additionally, you may evaluate how the addition of Watsco to your portfolios can decrease your overall portfolio volatility.
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