Western Alliance Bancorporation Stock Performance
| WAL Stock | USD 59.37 0.45 0.75% |
The firm maintains a market beta of 1.92, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Western Alliance will likely underperform. Western Alliance Ban has an expected return of -0.15%. Please make sure to check out Western Alliance Ban value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Western Alliance Ban performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Western Alliance Bancorporation has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unfluctuating performance, the Stock's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
Actual Historical Performance (%)
One Day Return (1.26) | Five Day Return 9 | Year To Date Return (8.68) | Ten Year Return 152.52 | All Time Return 132.54 |
Forward Dividend Yield 0.0247 | Payout Ratio 0.1501 | Forward Dividend Rate 1.48 | Dividend Date 2024-03-01 | Ex Dividend Date 2024-02-15 |
1 | 5 Best American Bank Stocks To Buy According to Analysts - Insider Monkey | 02/02/2024 |
2 | Western Alliance exotic insider transaction detected | 02/08/2024 |
3 | Acquisition by Ardrey J. Kelly Jr. of 1985 shares of Western Alliance subject to Rule 16b-3 | 02/15/2024 |
4 | 106,009 Shares in Western Alliance Bancorporation Purchased by Healthcare of Ontario Pension Plan Trust Fund | 02/23/2024 |
| Western Alliance dividend paid on 1st of March 2024 | 03/01/2024 |
5 | Disposition of tradable shares by Herndon Lynne of Western Alliance at 57.98 subject to Rule 16b-3 | 03/15/2024 |
6 | Disposition of tradable shares by Jessica Jarvi of Western Alliance at 57.98 subject to Rule 16b-3 | 03/19/2024 |
7 | Disposition of 285 shares by Dale Gibbons of Western Alliance at 57.98 subject to Rule 16b-3 | 03/28/2024 |
8 | The one-year decline in earnings might be taking its toll on Western Alliance Bancorporation shareholders as stock falls 5.3 percent over the past week | 04/04/2024 |
9 | Analysts Estimate Western Alliance to Report a Decline in Earnings What to Look Out for | 04/09/2024 |
10 | Institutional investors in Western Alliance Bancorporation see US299m decrease in market cap last week, although long-term gains have benefitted them. | 04/12/2024 |
11 | Western Alliance Q1 Earnings Preview What You Should Know Beyond the Headline Estimates | 04/15/2024 |
12 | Western Alliance Reports Mixed Q1 Results Earnings Miss, Revenue Beats | 04/18/2024 |
13 | Western Alliance Q1 deposits grow nearly 7B, speeding up repositioning plans | 04/19/2024 |
14 | Riaz Capital and Alameda County Partner to Secure 30M in Construction Financing for Affordable Housing Development | 04/22/2024 |
| Begin Period Cash Flow | 1 B |
Western |
Western Alliance Relative Risk vs. Return Landscape
If you would invest 6,693 in Western Alliance Bancorporation on January 26, 2024 and sell it today you would lose (756.00) from holding Western Alliance Bancorporation or give up 11.3% of portfolio value over 90 days. Western Alliance Bancorporation is generating negative expected returns assuming volatility of 2.7884% on return distribution over 90 days investment horizon. In other words, 24% of stocks are less volatile than Western, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Western Alliance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Alliance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Western Alliance Bancorporation, and traders can use it to determine the average amount a Western Alliance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0555
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WAL |
Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Western Alliance is not performing at its full potential. However, 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 Western Alliance by adding Western Alliance to a well-diversified portfolio.
Western Alliance Fundamentals Growth
Western Stock prices reflect investors' perceptions of the future prospects and financial health of Western Alliance, and Western Alliance fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Western Stock performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0102 | |||
| Profit Margin | 0.28 % | |||
| Operating Margin | 0.41 % | |||
| Current Valuation | 10.56 B | |||
| Shares Outstanding | 110.18 M | |||
| Price To Earning | 11.32 X | |||
| Price To Book | 1.08 X | |||
| Price To Sales | 2.44 X | |||
| Revenue | 4.33 B | |||
| Gross Profit | 2.47 B | |||
| EBITDA | 86.5 M | |||
| Net Income | 722.4 M | |||
| Cash And Equivalents | 1.61 B | |||
| Cash Per Share | 14.91 X | |||
| Total Debt | 8.3 B | |||
| Debt To Equity | 0.23 % | |||
| Book Value Per Share | 53.87 X | |||
| Cash Flow From Operations | (328.6 M) | |||
| Earnings Per Share | 6.86 X | |||
| Market Capitalization | 6.59 B | |||
| Total Asset | 70.86 B | |||
| Retained Earnings | 4.21 B | |||
About Western Alliance Performance
To evaluate Western Alliance Ban Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Western Alliance generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Western Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Western Alliance Ban market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Western's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.08 | 0.09 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.12 | 0.07 |
Things to note about Western Alliance Ban performance evaluation
Checking the ongoing alerts about Western Alliance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Western Alliance Ban help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Western Alliance Ban generated a negative expected return over the last 90 days | |
| Western Alliance Bancorporation has about 1.61 B in cash with (328.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.91. | |
| Western Alliance Ban has a poor financial position based on the latest SEC disclosures | |
| Over 82.0% of the company outstanding shares are owned by institutional investors | |
| On 1st of March 2024 Western Alliance paid $ 0.37 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Riaz Capital and Alameda County Partner to Secure 30M in Construction Financing for Affordable Housing Development |
- Analyzing Western Alliance's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Western Alliance's stock is overvalued or undervalued compared to its peers.
- Examining Western Alliance's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Western Alliance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Western Alliance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Western Alliance's stock. These opinions can provide insight into Western Alliance's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Western Alliance Ban information on this page should be used as a complementary analysis to other Western Alliance'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Western Stock analysis
When running Western Alliance's price analysis, check to measure Western Alliance'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 Western Alliance is operating at the current time. Most of Western Alliance's value examination focuses on studying past and present price action to predict the probability of Western Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Alliance's price. Additionally, you may evaluate how the addition of Western Alliance to your portfolios can decrease your overall portfolio volatility.
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Is Western Alliance'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 Western Alliance. If investors know Western 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 Western Alliance 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 0.25 | Dividend Share 1.46 | Earnings Share 6.86 | Revenue Per Share 25.265 | Quarterly Revenue Growth 0.34 |
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance'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 Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance'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 Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance'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.