Westinghouse Story

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WAB -- USA Stock  

USD 60.63  0.26  0.43%

28% of stocks are less volatile than Westinghouse, and above 97% of all equities are expected to generate higher returns over the next 90 days. As many conservative investors are still indifferent towards current market risk, it is prudent, from our point of view, to go over Westinghouse Air's current volatility. We will evaluate if the latest Westinghouse Air price volatility suggests a bounce in August. Westinghouse Air's seemingly stabilizing volatility may still impact the value of the stock as we estimate Westinghouse Air as currently undervalued. The real value, based on our calculations, is getting close to 65.72 per share.
Published over a month ago
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Will Westinghouse Air (NYSE:WAB) current volatility spike continue?
Westinghouse Air Brake has roughly 615.9 M in cash with 902.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.24.
Volatility is a rate at which the price of Westinghouse Air or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Westinghouse Air may increase or decrease. In other words, similar to Westinghouse's beta indicator, it measures the risk of Westinghouse Air and helps estimate the fluctuations that may happen in a short period of time. So if prices of Westinghouse Air fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Westinghouse Air's Liquidity

Westinghouse Air financial leverage refers to using borrowed capital as a funding source to finance Westinghouse Air Brake ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Westinghouse Air financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Westinghouse Air's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Westinghouse Air, but it might be worth checking our own buy vs. sell analysis

Westinghouse Air Volatility Drivers

Westinghouse Air unsystematic risk is unique to Westinghouse Air Brake and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Westinghouse Air you can also buy Orbital ATK. You can also mitigate this risk by investing in the railroads sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Westinghouse Air important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Westinghouse Air income statement and balance sheet. Here are more details about Westinghouse volatility.
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