Westlake Chemical Stock Price on December 4, 2024
| WLK Stock | USD 113.23 0.08 0.07% |
Below is the normalized historical share price chart for Westlake Chemical extending back to August 11, 2004. 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 Westlake Chemical stands at 113.23, as last reported on the 22nd of December, with the highest price reaching 114.76 and the lowest price hitting 112.63 during the day.
If you're considering investing in Westlake Stock, it is important to understand the factors that can impact its price. Westlake Chemical shows Sharpe Ratio of -0.29, which attests that the company had a -0.29% return per unit of risk over the last 3 months. Westlake Chemical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Westlake Chemical's Mean Deviation of 1.02, standard deviation of 1.29, and Market Risk Adjusted Performance of (0.42) to validate the risk estimate we provide.
At this time, Westlake Chemical's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 136 M this year, although the value of Treasury Stock is projected to rise to (399.3 M). . At this time, Westlake Chemical's Price Earnings Ratio is quite stable compared to the past year. Price To Free Cash Flows Ratio is expected to rise to 14.66 this year, although the value of Price To Sales Ratio will most likely fall to 0.81. Westlake Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of August 2004 | 200 Day MA 143.6391 | 50 Day MA 129.4948 | Beta 1.191 |
Westlake |
Sharpe Ratio = -0.2857
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Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.29 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.
Price Book 1.3669 | Enterprise Value Ebitda 10.9002 | Price Sales 1.2019 | Shares Float 34.2 M | Dividend Share 2.05 |
Related Headline
Cabot Headline on 4th of December 2024
Cabot Corporation announces 3-year financial targets by seekingalpha.com
Cabot Corporation forecasts 7-10 percent adjusted EPS growth from 2024-2027 and targets 0.9-1.0B adjusted EBITDA by 2027, lifting shares by 1.
Westlake Chemical Valuation on December 4, 2024
It is possible to determine the worth of Westlake Chemical on a given historical date. On December 4, 2024 Westlake was worth 126.42 at the beginning of the trading date compared to the closed value of 125.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westlake Chemical stock. Still, in general, we apply an absolute valuation method to find Westlake Chemical'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 Westlake Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westlake Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 129.25 | 129.27 | 126.53 | 126.66 | 527,099 | |
12/04/2024 | 126.42 | 126.62 | 124.12 | 125.82 | 881,893 |
| 125.93 | 126.10 | 123.48 | 123.54 | 490,263 |
| Backtest Westlake Chemical | | | Westlake Chemical History | | | Westlake Chemical Valuation | Previous | Next |
Westlake Chemical Trading Date Momentum on December 4, 2024
| On December 05 2024 Westlake Chemical was traded for 123.54 at the closing time. Highest Westlake Chemical's price during the trading hours was 126.10 and the lowest price during the day was 123.48 . The net volume was 490.3 K. The overall trading history on the 5th of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.81% . The trading price change to current price is 5.84% . |
Westlake Chemical Fundamentals Correlations and Trends
By evaluating Westlake Chemical'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 Westlake Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westlake financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westlake Chemical Stock history
Westlake Chemical 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 Westlake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westlake Chemical 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 Westlake Chemical stock prices may prove useful in developing a viable investing in Westlake Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 128.6 M | 136 M | |
| Net Income Applicable To Common Shares | 2.6 B | 2.7 B |
Westlake Chemical Quarterly Net Working Capital |
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Westlake Chemical Stock Technical Analysis
Westlake Chemical 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
Westlake Chemical Period Price Range
Low | December 22, 2024
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0.00 | 0.00 |
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Westlake Chemical December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Westlake Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westlake Chemical shares will generate the highest return on investment. By undertsting and applying Westlake Chemical stock market strength indicators, traders can identify Westlake Chemical entry and exit signals to maximize returns
Westlake Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westlake Chemical's price direction in advance. Along with the technical and fundamental analysis of Westlake Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westlake 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 | (0.22) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.43) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Commodity Chemicals 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 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 (0.62) | Dividend Share 2.05 | Earnings Share 0.72 | Revenue Per Share 94.405 | Quarterly Revenue Growth 0.001 |
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.