Westinghouse Air Brake Stock Price Prediction
| WAB Stock | USD 144.17 0.10 0.07% |
Oversold Vs Overbought
73
Oversold | Overbought |
Westinghouse Air Brake stock price prediction is an act of determining the future value of Westinghouse Air shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Westinghouse Air's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Westinghouse Air and does not consider all of the tangible or intangible factors available from Westinghouse Air's fundamental data. We analyze noise-free headlines and recent hype associated with Westinghouse Air Brake, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Westinghouse Air's stock price prediction:Quarterly Earnings Growth 0.379 | EPS Estimate Next Quarter 1.49 | EPS Estimate Current Year 6.79 | EPS Estimate Next Year 7.6 | Wall Street Target Price 151.34 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Westinghouse Air based on different types of headlines from major news networks to social media. The Westinghouse stock price prediction module provides an analysis of price elasticity to changes in media outlook on Westinghouse Air over a specific investment horizon. Using Westinghouse Air hype-based prediction, you can estimate the value of Westinghouse Air Brake from the perspective of Westinghouse Air response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Westinghouse Air using Westinghouse Air's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Westinghouse using crowd psychology based on the activity and movement of Westinghouse Air's stock price.
Westinghouse Air Short Interest
A significant increase or decrease in Westinghouse Air's short interest from the previous month could be a good indicator of investor sentiment towards Westinghouse. Short interest can provide insight into the potential direction of Westinghouse Air stock and how bullish or bearish investors feel about the market overall. An investor who is long Westinghouse Air may also wish to track short interest. As short interest increases, investors should be becoming more worried about Westinghouse Air and may potentially protect profits, hedge Westinghouse Air with its derivative instruments, or be ready for some potential downside.
200 Day MA 121.3271 | Short Percent 0.0122 | Short Ratio 2.24 | Shares Short Prior Month 2.4 M | 50 Day MA 141.5244 |
Westinghouse Air Brake Hype to Price Pattern
Investor biases related to Westinghouse Air's public news can be used to forecast risks associated with an investment in Westinghouse. The trend in average sentiment can be used to explain how an investor holding Westinghouse can time the market purely based on public headlines and social activities around Westinghouse Air Brake. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Westinghouse Air's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Westinghouse Air.
Westinghouse Air Implied Volatility | 126.94 |
Westinghouse Air's implied volatility exposes the market's sentiment of Westinghouse Air Brake stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Westinghouse Air's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Westinghouse Air stock will not fluctuate a lot when Westinghouse Air's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Westinghouse Air. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Westinghouse Air to buy its stock at a price that has no basis in reality. In that case, they are not buying Westinghouse because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Westinghouse Air after-hype prediction price | USD 144.07 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Westinghouse contract
Based on the Rule 16, the options market is currently suggesting that Westinghouse Air Brake will have an average daily up or down price movement of about 7.93% per day over the life of the 2024-04-19 option contract. With Westinghouse Air trading at USD 144.17, that is roughly USD 11.44 . If you think that the market is fully incorporating Westinghouse Air's daily price movement you should consider acquiring Westinghouse Air Brake options at the current volatility level of 126.94%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Westinghouse |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Westinghouse Air's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Westinghouse Air After-Hype Price Prediction Density Analysis
As far as predicting the price of Westinghouse Air at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Westinghouse Air or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Westinghouse Air, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Westinghouse Air Estimiated After-Hype Price Volatility
In the context of predicting Westinghouse Air's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Westinghouse Air's historical news coverage. Westinghouse Air's after-hype downside and upside margins for the prediction period are 143.27 and 144.87, respectively. We have considered Westinghouse Air's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Westinghouse Air is very steady at this time. Analysis and calculation of next after-hype price of Westinghouse Air Brake is based on 3 months time horizon.
Westinghouse Air Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Westinghouse Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westinghouse Air backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Westinghouse Air, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.19 | 0.80 | 0.20 | 0.06 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
144.17 | 144.07 | 0.14 |
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Westinghouse Air Hype Timeline
On the 19th of April Westinghouse Air Brake is traded for 144.17. The entity has historical hype elasticity of -0.2, and average elasticity to hype of competition of -0.06. Westinghouse is forecasted to decline in value after the next headline, with the price expected to drop to 144.07. The average volatility of media hype impact on the company price is about 76.92%. The price depreciation on the next news is expected to be -0.14%, whereas the daily expected return is at this time at 0.19%. The volatility of related hype on Westinghouse Air is about 256.68%, with the expected price after the next announcement by competition of 144.11. About 94.0% of the company outstanding shares are owned by institutional investors. The book value of Westinghouse Air was at this time reported as 58.98. The company last dividend was issued on the 22nd of February 2024. Westinghouse Air Brake had 2:1 split on the 12th of June 2013. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out Westinghouse Air Basic Forecasting Models to cross-verify your projections.Westinghouse Air Related Hype Analysis
Having access to credible news sources related to Westinghouse Air's direct competition is more important than ever and may enhance your ability to predict Westinghouse Air's future price movements. Getting to know how Westinghouse Air's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Westinghouse Air may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FSTR | LB Foster | (0.57) | 9 per month | 2.33 | 0.02 | 3.60 | (2.78) | 11.55 | |
| CSX | CSX Corporation | (0.08) | 11 per month | 0.00 | (0.08) | 1.70 | (1.50) | 4.12 | |
| NSC | Norfolk Southern | (0.16) | 9 per month | 1.09 | 0.02 | 1.82 | (1.63) | 11.52 | |
| UNP | Union Pacific | (0.24) | 11 per month | 0.00 | (0.11) | 1.69 | (1.30) | 3.85 | |
| CP | Canadian Pacific Railway | (1.56) | 11 per month | 0.87 | 0.06 | 2.04 | (1.79) | 5.58 | |
| CNI | Canadian National Railway | 0.74 | 10 per month | 1.06 | (0.03) | 1.83 | (1.67) | 4.54 |
Westinghouse Air Additional Predictive Modules
Most predictive techniques to examine Westinghouse price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Westinghouse using various technical indicators. When you analyze Westinghouse charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Westinghouse Air Predictive Indicators
The successful prediction of Westinghouse Air stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Westinghouse Air Brake, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Westinghouse Air based on analysis of Westinghouse Air hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Westinghouse Air's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Westinghouse Air's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005321 | 0.006104 | 0.005421 | 0.005692 | Price To Sales Ratio | 2.21 | 2.17 | 2.34 | 1.24 |
Story Coverage note for Westinghouse Air
The number of cover stories for Westinghouse Air depends on current market conditions and Westinghouse Air's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Westinghouse Air is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Westinghouse Air's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Westinghouse Air Short Properties
Westinghouse Air's future price predictability will typically decrease when Westinghouse Air's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Westinghouse Air Brake often depends not only on the future outlook of the potential Westinghouse Air's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Westinghouse Air's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 179.5 M | |
| Cash And Short Term Investments | 620 M |
Check out Westinghouse Air Basic Forecasting Models to cross-verify your projections. Note that the Westinghouse Air Brake information on this page should be used as a complementary analysis to other Westinghouse Air'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.
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Is Westinghouse Air'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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air 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 0.379 | Dividend Share 0.68 | Earnings Share 4.52 | Revenue Per Share 54.122 | Quarterly Revenue Growth 0.095 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.