Westpac Banking Stock Today
| WEBNF Stock | USD 16.55 0.53 3.31% |
Performance4 of 100
| Odds Of DistressLess than 39
|
Westpac Banking is trading at 16.55 as of the 19th of April 2024. This is a 3.31 percent increase since the beginning of the trading day. The stock's lowest day price was 16.5. Westpac Banking has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Westpac Banking are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. The company was founded in 1817 and is based in Sydney, Australia. Westpac Banking operates under BanksDiversified classification in the United States and is traded on OTC Exchange. The company has 3.5 B outstanding shares. More on Westpac Banking
Moving together with Westpac Pink Sheet
| 0.84 | JPM | JPMorgan Chase Financial Report 12th of July 2024 | PairCorr |
| 0.78 | BML-PG | Bank of America | PairCorr |
| 0.79 | BAC | Bank of America Financial Report 16th of July 2024 | PairCorr |
| 0.73 | IDCBF | Industrial and Commercial | PairCorr |
| 0.78 | IDCBY | Industrial Commercial Earnings Call This Week | PairCorr |
| 0.9 | WFC | Wells Fargo Aggressive Push | PairCorr |
Moving against Westpac Pink Sheet
| 0.79 | AAPL | Apple Inc Report 2nd of May 2024 | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Westpac Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Westpac Banking's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westpac Banking or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO - St.George Banking Group | George Frazis |
| Business Concentration | Banks—Diversified, Financial Services (View all Sectors) |
Westpac Banking [WEBNF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 57.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westpac Banking's market, we take the total number of its shares issued and multiply it by Westpac Banking's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Westpac Banking classifies itself under Financial Services sector and is part of Banks—Diversified industry. The entity has 3.5 B outstanding shares.
Westpac Banking has accumulated about 144.42 B in cash with (18.1 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 41.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Westpac Banking Probability Of Bankruptcy
Ownership AllocationWestpac Banking retains a total of 3.5 Billion outstanding shares. Roughly 71.0 (%) of Westpac Banking outstanding shares are held by general public with 0.578 % owned by insiders and only 28.19 percent by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Westpac Ownership Details
Westpac Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Westpac Banking jumping above the current price in 90 days from now is about 46.97%. The Westpac Banking probability density function shows the probability of Westpac Banking pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Westpac Banking has a beta of 0.6476. This entails as returns on the market go up, Westpac Banking average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Westpac Banking will be expected to be much smaller as well. Additionally, westpac Banking has an alpha of 0.131, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Westpac Banking to move above the current price in 90 days from now is about 46.97 (This Westpac Banking probability density function shows the probability of Westpac Pink Sheet to fall within a particular range of prices over 90 days) .
Westpac Banking Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Westpac Banking market risk premium is the additional return an investor will receive from holding Westpac Banking long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Westpac Banking. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Westpac Banking's alpha and beta are two of the key measurements used to evaluate Westpac Banking's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.82 | |||
| Semi Deviation | 2.4 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.03 |
Westpac Stock Against Markets
Picking the right benchmark for Westpac Banking pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Westpac Banking pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Westpac Banking is critical whether you are bullish or bearish towards Westpac Banking at a given time. Please also check how Westpac Banking's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Westpac Banking without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Alpha Finder Now
Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
Westpac Banking Corporate Directors
Westpac Banking corporate directors refer to members of a Westpac Banking board of directors. The board of directors generally takes responsibility for the Westpac Banking's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Westpac Banking's board members must vote for the resolution. The Westpac Banking board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ewen Crouch | Non-Executive Independent Director | Profile | |
| Elizabeth Bryan | Non-Executive Independent Director | Profile | |
| Alison Deans | Non-Executive Independent Director | Profile | |
| Robert Elstone | Non-Executive Independent Director | Profile |
How to buy Westpac Pink Sheet?
Before investing in Westpac Banking, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Westpac Banking. To buy Westpac Banking stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westpac Banking. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Westpac Banking stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Westpac Banking stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Westpac Banking stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Westpac Banking, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Westpac Banking?
The danger of trading Westpac Banking is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westpac Banking is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westpac Banking. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westpac Banking is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westpac Banking. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Westpac Pink Sheet analysis
When running Westpac Banking's price analysis, check to measure Westpac Banking'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 Westpac Banking is operating at the current time. Most of Westpac Banking's value examination focuses on studying past and present price action to predict the probability of Westpac Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westpac Banking's price. Additionally, you may evaluate how the addition of Westpac Banking to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |