Walgreens Boots Alliance Stock Price on March 12, 2024
| WBA Stock | USD 17.73 0.29 1.61% |
Below is the normalized historical share price chart for Walgreens Boots Alliance extending back to November 05, 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 Walgreens Boots stands at 17.73, as last reported on the 1st of May, with the highest price reaching 17.91 and the lowest price hitting 17.50 during the day.
If you're considering investing in Walgreens Stock, it is important to understand the factors that can impact its price. Walgreens Boots Alliance 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. Walgreens Boots Alliance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Walgreens Boots' Standard Deviation of 2.34, mean deviation of 1.65, and Market Risk Adjusted Performance of (1.98) to validate the risk estimate we provide.
At present, Walgreens Boots' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 116.7 B, whereas Total Stockholder Equity is forecasted to decline to about 12.2 B. . At present, Walgreens Boots' Price To Operating Cash Flows Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 187.10, whereas Price To Sales Ratio is forecasted to decline to 0.17. Walgreens Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of July 1985 | 200 Day MA 22.9259 | 50 Day MA 19.9358 | Beta 0.752 |
Walgreens |
Sharpe Ratio = -0.1634
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| Negative Returns | WBA |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Walgreens Boots is not performing at its full potential. However, 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 Walgreens Boots by adding Walgreens Boots to a well-diversified portfolio.
Price Book 1.1432 | Enterprise Value Ebitda (4.31) | Price Sales 0.1065 | Shares Float 713 M | Dividend Share 1.69 |
Walgreens Boots Main Headline on 12th of March 2024
Walgreens Boots Alliance dividend paid on 12th of March 2024 |
Walgreens Boots Valuation on March 12, 2024
It is possible to determine the worth of Walgreens Boots on a given historical date. On March 12, 2024 Walgreens was worth 21.68 at the beginning of the trading date compared to the closed value of 21.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Walgreens Boots stock. Still, in general, we apply an absolute valuation method to find Walgreens Boots' 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 Walgreens Boots where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Walgreens Boots' related companies.
| Open | High | Low | Close | Volume | |
| 21.13 | 21.80 | 21.07 | 21.54 | 9,876,400 | |
03/12/2024 | 21.68 | 21.74 | 21.17 | 21.28 | 6,789,112 |
| 20.92 | 21.42 | 20.91 | 21.05 | 8,137,800 |
| Backtest Walgreens Boots | | | Walgreens Boots History | | | Walgreens Boots Valuation | Previous | Next |
Walgreens Boots Trading Date Momentum on March 12, 2024
| On March 13 2024 Walgreens Boots Alliance was traded for 21.05 at the closing time. Highest Walgreens Boots's price during the trading hours was 21.42 and the lowest price during the day was 20.91 . The net volume was 8.1 M. The overall trading history on the 13th of March 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.08% . The trading price change to current price is 1.88% . |
Walgreens Boots Alliance Fundamentals Correlations and Trends
By evaluating Walgreens Boots' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Walgreens Boots' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Walgreens financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Walgreens Boots Stock history
Walgreens Boots 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 Walgreens is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Walgreens Boots Alliance 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 Walgreens Boots stock prices may prove useful in developing a viable investing in Walgreens Boots
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 776.9 M | 807.2 M | |
| Net Loss | -3.5 B | -3.4 B |
Walgreens Boots Stock Technical Analysis
Walgreens Boots 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
Walgreens Boots Period Price Range
Low | March 12, 2024
| High |
21.68 | 21.28 |
Walgreens Boots May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Walgreens Boots stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Walgreens Boots shares will generate the highest return on investment. By undertsting and applying Walgreens Boots stock market strength indicators, traders can identify Walgreens Boots Alliance entry and exit signals to maximize returns
| Accumulation Distribution | 178003.0 | |||
| Daily Balance Of Power | (0.70) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 21.46 | |||
| Day Typical Price | 21.4 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | (3.55) | |||
| Relative Strength Index | 30.08 |
Walgreens Boots Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Walgreens Boots' price direction in advance. Along with the technical and fundamental analysis of Walgreens Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Walgreens 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 | (0.08) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (1.99) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Walgreens Stock analysis
When running Walgreens Boots' price analysis, check to measure Walgreens Boots' 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 Walgreens Boots is operating at the current time. Most of Walgreens Boots' value examination focuses on studying past and present price action to predict the probability of Walgreens Boots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walgreens Boots' price. Additionally, you may evaluate how the addition of Walgreens Boots to your portfolios can decrease your overall portfolio volatility.
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Is Walgreens Boots' industry 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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 (0.59) | Dividend Share 1.69 | Earnings Share (7.00) | Revenue Per Share 167.542 | Quarterly Revenue Growth 0.063 |
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.