Washington Federal Stock Price on January 31, 2024
| WAFD Stock | USD 28.45 0.41 1.46% |
If you're considering investing in Washington Stock, it is important to understand the factors that can impact its price. As of today, the current price of Washington Federal stands at 28.45, as last reported on the 6th of May, with the highest price reaching 28.67 and the lowest price hitting 28.21 during the day. We consider Washington Federal very steady. Washington Federal shows Sharpe Ratio of 0.0335, which attests that the company had a 0.0335% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Washington Federal, which you can use to evaluate the volatility of the company. Please check out Washington Federal's Market Risk Adjusted Performance of (0.44), mean deviation of 1.49, and Downside Deviation of 2.09 to validate if the risk estimate we provide is consistent with the expected return of 0.0679%.
Washington Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Washington |
Sharpe Ratio = 0.0335
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| Cash | Small Risk | WAFD | High Risk | Huge Risk |
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Estimated Market Risk
| 2.03 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Washington Federal is performing at about 2% 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 Washington Federal by adding it to a well-diversified portfolio.
Washington Federal Valuation on January 31, 2024
It is possible to determine the worth of Washington Federal on a given historical date. On January 31, 2024 Washington was worth 30.24 at the beginning of the trading date compared to the closed value of 28.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Washington Federal stock. Still, in general, we apply an absolute valuation method to find Washington Federal'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 Washington Federal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Washington Federal's related companies.
| Open | High | Low | Close | Volume | |
| 30.84 | 31.02 | 30.41 | 30.41 | 228,130 | |
01/31/2024 | 30.24 | 30.55 | 28.77 | 28.77 | 390,170 |
| 29.28 | 29.30 | 27.31 | 28.31 | 368,579 |
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Washington Federal Trading Date Momentum on January 31, 2024
| On February 01 2024 Washington Federal was traded for 28.31 at the closing time. The top price for the day was 29.30 and the lowest listed price was 27.31 . The trading volume for the day was 368.6 K. The trading history from February 1, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.60% . The trading price change against the current closing price is 1.70% . |
Washington Federal Fundamentals Correlations and Trends
By evaluating Washington Federal'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 Washington Federal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Washington financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Washington Federal Stock history
Washington Federal 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 Washington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Washington Federal 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 Washington Federal stock prices may prove useful in developing a viable investing in Washington Federal
Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington. Washington Federal operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2132 people.
Washington Federal Stock Technical Analysis
Washington Federal 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
Washington Federal Period Price Range
Low | January 31, 2024
| High |
30.24 | 28.77 |
Washington Federal May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Washington Federal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Washington Federal shares will generate the highest return on investment. By undertsting and applying Washington Federal stock market strength indicators, traders can identify Washington Federal entry and exit signals to maximize returns
| Accumulation Distribution | 22733.31 | |||
| Daily Balance Of Power | (0.83) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 29.66 | |||
| Day Typical Price | 29.36 | |||
| Price Action Indicator | (1.62) | |||
| Period Momentum Indicator | (0.32) | |||
| Relative Strength Index | 42.06 |
Washington Federal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Washington Federal's price direction in advance. Along with the technical and fundamental analysis of Washington Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Washington 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 | 0.028 | |||
| Jensen Alpha | 0.0668 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.45) |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Federal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.Note that the Washington Federal information on this page should be used as a complementary analysis to other Washington Federal's 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Washington Stock analysis
When running Washington Federal's price analysis, check to measure Washington Federal'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 Washington Federal is operating at the current time. Most of Washington Federal's value examination focuses on studying past and present price action to predict the probability of Washington Federal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Federal's price. Additionally, you may evaluate how the addition of Washington Federal to your portfolios can decrease your overall portfolio volatility.
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Is Washington Federal'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 Washington Federal. If investors know Washington 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 Washington Federal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Washington Federal is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Federal's value that differs from its market value or its book value, called intrinsic value, which is Washington Federal'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 Washington Federal's market value can be influenced by many factors that don't directly affect Washington Federal'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 Washington Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Federal'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.