Westinghouse Air Brake Stock Price on September 30, 2023
| WAB Stock | USD 164.79 0.93 0.56% |
Below is the normalized historical share price chart for Westinghouse Air Brake extending back to June 16, 1995. 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 Westinghouse Air stands at 164.79, as last reported on the 5th of June, with the highest price reaching 164.79 and the lowest price hitting 164.79 during the day.
If you're considering investing in Westinghouse Stock, it is important to understand the factors that can impact its price. Westinghouse Air appears to be very steady, given 3 months investment horizon. Westinghouse Air Brake 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 twenty-seven technical indicators for Westinghouse Air Brake, which you can use to evaluate the volatility of the company. Please utilize Westinghouse Air's Market Risk Adjusted Performance of 0.2893, downside deviation of 0.8547, and Mean Deviation of 0.9133 to validate if our risk estimates are consistent with your expectations.
At present, Westinghouse Air'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 19.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 113.7 M. . At present, Westinghouse Air's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.93, whereas Price To Sales Ratio is forecasted to decline to 1.24. Westinghouse Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of June 1995 | 200 Day MA 129.513 | 50 Day MA 157.3582 | Beta 1.363 |
Westinghouse |
Sharpe Ratio = 0.1589
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WAB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Westinghouse Air 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 Westinghouse Air by adding it to a well-diversified portfolio.
Price Book 2.4648 | Enterprise Value Ebitda 16.3944 | Price Sales 2.6711 | Shares Float 174.3 M | Dividend Share 0.71 |
Westinghouse Air Valuation on September 30, 2023
It is possible to determine the worth of Westinghouse Air on a given historical date. On September 30, 2023 Westinghouse was worth 107.8 at the beginning of the trading date compared to the closed value of 105.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westinghouse Air stock. Still, in general, we apply an absolute valuation method to find Westinghouse Air'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 Westinghouse Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westinghouse Air's related companies.
| Open | High | Low | Close | Volume | |
| 107.23 | 108.61 | 106.72 | 106.92 | 544,653 | |
09/29/2023 | 107.80 | 107.80 | 105.83 | 105.83 | 807,747 |
| 105.83 | 106.52 | 104.80 | 104.80 | 770,483 |
| Backtest Westinghouse Air | | | Westinghouse Air History | | | Westinghouse Air Valuation | Previous | Next |
Westinghouse Air Trading Date Momentum on September 30, 2023
| On October 02 2023 Westinghouse Air Brake was traded for 104.80 at the closing time. Highest Westinghouse Air's price during the trading hours was 106.52 and the lowest price during the day was 104.80 . The net volume was 770.5 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.97% . The trading price change to current price is 3.42% . |
Westinghouse Air Brake Fundamentals Correlations and Trends
By evaluating Westinghouse Air'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 Westinghouse Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westinghouse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westinghouse Air Stock history
Westinghouse Air 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 Westinghouse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westinghouse Air Brake 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 Westinghouse Air stock prices may prove useful in developing a viable investing in Westinghouse Air
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 179.5 M | 113.7 M | |
| Net Income Applicable To Common Shares | 728 M | 764.3 M |
Westinghouse Air Quarterly Net Working Capital |
|
Westinghouse Air Stock Technical Analysis
Westinghouse Air 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
Westinghouse Air Period Price Range
Low | September 29, 2023
| High |
107.80 | 105.83 |
Westinghouse Air June 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Westinghouse Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westinghouse Air shares will generate the highest return on investment. By undertsting and applying Westinghouse Air stock market strength indicators, traders can identify Westinghouse Air Brake entry and exit signals to maximize returns
| Accumulation Distribution | 14761.24 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 106.82 | |||
| Day Typical Price | 106.49 | |||
| Price Action Indicator | (1.97) | |||
| Period Momentum Indicator | 58.96 |
Westinghouse Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westinghouse Air's price direction in advance. Along with the technical and fundamental analysis of Westinghouse Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westinghouse 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 | 0.1023 | |||
| Jensen Alpha | 0.2203 | |||
| Total Risk Alpha | 0.2047 | |||
| Sortino Ratio | 0.2557 | |||
| Treynor Ratio | 0.2793 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Westinghouse Stock analysis
When running Westinghouse Air's price analysis, check to measure Westinghouse Air'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 Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |