Westlake Chemical Partners Stock Performance
| WLKP Stock | USD 21.89 0.03 0.14% |
The firm maintains a market beta of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Westlake Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Westlake Chemical is expected to be smaller as well. Westlake Chemical has an expected return of -0.0659%. Please make sure to check out Westlake Chemical value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Westlake Chemical 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 Westlake Chemical Partners has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable forward-looking signals, Westlake Chemical is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return (0.14) | Five Day Return 0.32 | Year To Date Return 0.97 | Ten Year Return (28.88) | All Time Return (28.88) |
Forward Dividend Yield 0.086 | Payout Ratio 1.2244 | Forward Dividend Rate 1.89 | Dividend Date 2024-02-20 | Ex Dividend Date 2024-02-01 |
| Westlake Chemical dividend paid on 20th of February 2024 | 02/20/2024 |
2 | Westlake Chemical Partners Downgraded by StockNews.com | 02/26/2024 |
3 | Q4 2023 Westlake Chemical Partners LP Earnings Call Transcript | 02/28/2024 |
4 | Acquisition by Andrew Kenner of 5000 shares of Westlake Chemical at 22.3 subject to Rule 16b-3 | 03/06/2024 |
5 | Westlake Chemical Partners Provides 2023 Tax Information | 03/14/2024 |
6 | Andrew Kenners Recent Buy Acquires 93K In Westlake Chemical Stock | 03/25/2024 |
7 | Acquisition by Andrew Kenner of 5000 shares of Westlake Chemical at 22.23 subject to Rule 16b-3 | 03/28/2024 |
8 | Westlake Chemical Partners exec buys 111,150 in company stock | 04/01/2024 |
9 | Acquisition by Randy Woelfel of 1000 shares of Westlake Chemical at 18.57 subject to Rule 16b-3 | 04/05/2024 |
10 | Acquisition by G Finley of 4560 shares of Westlake Chemical subject to Rule 16b-3 | 04/12/2024 |
11 | Deutsche Bank raises Westlake Chemical stock target | 04/18/2024 |
12 | Westlake Chemical Expected to Beat Earnings Estimates What to Know Ahead of Q1 Release | 04/24/2024 |
| Begin Period Cash Flow | 64.8 M |
Westlake |
Westlake Chemical Relative Risk vs. Return Landscape
If you would invest 2,291 in Westlake Chemical Partners on January 31, 2024 and sell it today you would lose (99.00) from holding Westlake Chemical Partners or give up 4.32% of portfolio value over 90 days. Westlake Chemical Partners is currently does not generate positive expected returns and assumes 1.0411% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of stocks are less volatile than Westlake, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Westlake Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westlake Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Westlake Chemical Partners, and traders can use it to determine the average amount a Westlake Chemical's 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 = -0.0633
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| Negative Returns | WLKP |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Westlake Chemical 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 Westlake Chemical by adding Westlake Chemical to a well-diversified portfolio.
Westlake Chemical Fundamentals Growth
Westlake Stock prices reflect investors' perceptions of the future prospects and financial health of Westlake Chemical, and Westlake Chemical 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 Westlake Stock performance.
| Return On Equity | 0.38 | ||||
| Return On Asset | 0.17 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 1.45 B | ||||
| Shares Outstanding | 35.23 M | ||||
| Price To Earning | 12.06 X | ||||
| Price To Book | 2.77 X | ||||
| Price To Sales | 0.65 X | ||||
| Revenue | 1.19 B | ||||
| Gross Profit | 377.37 M | ||||
| EBITDA | 467.91 M | ||||
| Net Income | 54.28 M | ||||
| Cash And Equivalents | 18.37 M | ||||
| Cash Per Share | 0.52 X | ||||
| Total Debt | 399.67 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 3.28 X | ||||
| Book Value Per Share | 14.83 X | ||||
| Cash Flow From Operations | 452 M | ||||
| Earnings Per Share | 1.54 X | ||||
| Market Capitalization | 772.2 M | ||||
| Total Asset | 1.32 B | ||||
| Retained Earnings | 130.58 M | ||||
| Working Capital | 169.87 M | ||||
| Current Asset | 225.29 M | ||||
| Current Liabilities | 57.69 M | ||||
About Westlake Chemical Performance
To evaluate Westlake Chemical Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Westlake Chemical 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 Westlake Stock'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 Westlake Chemical market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Westlake'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.01 | 1.91 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.28 | 0.45 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.10 | 0.11 |
Things to note about Westlake Chemical performance evaluation
Checking the ongoing alerts about Westlake Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Westlake Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Westlake Chemical generated a negative expected return over the last 90 days | |
| About 45.0% of the company outstanding shares are owned by insiders | |
| Latest headline from zacks.com: Westlake Chemical Expected to Beat Earnings Estimates What to Know Ahead of Q1 Release |
- Analyzing Westlake Chemical's 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 Westlake Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Westlake Chemical's 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 Westlake Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westlake Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Westlake Chemical's stock. These opinions can provide insight into Westlake Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Westlake Stock analysis
When running Westlake Chemical's price analysis, check to measure Westlake Chemical'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 Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.
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Is Westlake Chemical's 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 Westlake Chemical. If investors know Westlake 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 Westlake Chemical 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 (0.15) | Dividend Share 1.886 | Earnings Share 1.54 | Revenue Per Share 33.806 | Quarterly Revenue Growth (0.19) |
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical'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 Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical'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 Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical'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.