Worley Parsons Stock Performance

WYGPY Stock  USD 10.72  0.31  2.81%   
The firm maintains a market beta of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Worley Parsons' returns are expected to increase less than the market. However, during the bear market, the loss of holding Worley Parsons is expected to be smaller as well. Worley Parsons has an expected return of -0.11%. Please make sure to check out Worley Parsons treynor ratio and day median price , to decide if Worley Parsons performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Worley Parsons has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest inconsistent performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Begin Period Cash Flow493 M
Total Cashflows From Investing Activities-62 M
  

Worley Parsons Relative Risk vs. Return Landscape

If you would invest  1,163  in Worley Parsons on December 30, 2023 and sell it today you would lose (91.00) from holding Worley Parsons or give up 7.82% of portfolio value over 90 days. Worley Parsons is currently producing negative expected returns and takes up 2.203% volatility of returns over 90 trading days. Put another way, 19% of traded pink sheets are less volatile than Worley, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Worley Parsons is expected to under-perform the market. In addition to that, the company is 3.84 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of volatility.

Worley Parsons Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Worley Parsons' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Worley Parsons, and traders can use it to determine the average amount a Worley Parsons' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0497

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Estimated Market Risk

 2.2
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81% of assets are more volatile

Expected Return

 -0.11
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Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
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Most of other assets perform better
Based on monthly moving average Worley Parsons 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 Worley Parsons by adding Worley Parsons to a well-diversified portfolio.

Worley Parsons Fundamentals Growth

Worley Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Worley Parsons, and Worley Parsons fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Worley Pink Sheet performance.

About Worley Parsons Performance

To evaluate Worley Parsons Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Worley Parsons generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Worley Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Worley Parsons market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Worley's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. Worley Limited was incorporated in 2001 and is headquartered in North Sydney, Australia. Worley Parsons operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 51000 people.

Things to note about Worley Parsons performance evaluation

Checking the ongoing alerts about Worley Parsons for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Worley Parsons help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Worley Parsons generated a negative expected return over the last 90 days
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Evaluating Worley Parsons' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Worley Parsons' pink sheet performance include:
  • Analyzing Worley Parsons' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Worley Parsons' stock is overvalued or undervalued compared to its peers.
  • Examining Worley Parsons' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Worley Parsons' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Worley Parsons' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Worley Parsons' pink sheet. These opinions can provide insight into Worley Parsons' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Worley Parsons' pink sheet performance is not an exact science, and many factors can impact Worley Parsons' pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worley Parsons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Worley Pink Sheet analysis

When running Worley Parsons' price analysis, check to measure Worley Parsons' 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 Worley Parsons is operating at the current time. Most of Worley Parsons' value examination focuses on studying past and present price action to predict the probability of Worley Parsons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worley Parsons' price. Additionally, you may evaluate how the addition of Worley Parsons to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Worley Parsons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Worley Parsons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worley Parsons' 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.