Westlake Chemical Stock Performance
WLK Stock | USD 150.33 1.74 1.17% |
Westlake Chemical has a performance score of 6 on a scale of 0 to 100. The firm maintains a market beta of 1.58, 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, Westlake Chemical will likely underperform. Westlake Chemical right now maintains a risk of 1.84%. Please check out Westlake Chemical downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Westlake Chemical will be following its historical returns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Westlake Chemical are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite abnormal essential indicators, Westlake Chemical may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return (1.05) | Five Day Return (4.05) | Year To Date Return 5.57 | Ten Year Return 126.68 | All Time Return 1.9 K |
Forward Dividend Yield 0.0124 | Payout Ratio 0.2243 | Last Split Factor 2:1 | Forward Dividend Rate 1.86 | Dividend Date 2024-03-14 |
1 | Disposition of 5558 shares by Mark Bender of Westlake Chemical subject to Rule 16b-3 | 02/16/2024 |
2 | Westlake Royal Building Products Announces 2024 Industry Trends at 2024 International Builders Show | 02/27/2024 |
3 | Westlake Price Target Cut to 134.00 by Analysts at Royal Bank of Canada | 03/01/2024 |
4 | Disposition of 4804 shares by Mark Bender of Westlake Chemical at 141.019 subject to Rule 16b-3 | 03/06/2024 |
5 | Westlake to Host Housing Infrastructure Products-Focused Investor Event | 03/12/2024 |
6 | Disposition of 122 shares by Robert Buesinger of Westlake Chemical at 144.5 subject to Rule 16b-3 | 03/13/2024 |
Westlake Chemical dividend paid on 14th of March 2024 | 03/14/2024 |
7 | Disposition of 3878 shares by Robert Buesinger of Westlake Chemical at 144.5 subject to Rule 16b-3 | 03/15/2024 |
8 | Insider Sell EVP, HIP, IT Digital Robert Buesinger Sells 3,878 Shares of Westlake Corp | 03/18/2024 |
9 | Westlake Up 11 percent Since Last Earnings Report Can It Continue | 03/21/2024 |
10 | Disposition of 296 shares by Johnathan Zoeller of Westlake Chemical at 108.1175 subject to Rule 16b-3 | 03/22/2024 |
11 | Disposition of 1170 shares by Thomas Janssens of Westlake Chemical subject to Rule 16b-3 | 03/25/2024 |
12 | Disposition of 36632 shares by James Chao of Westlake Chemical subject to Rule 16b-3 | 03/28/2024 |
13 | Smart Money Move Andrew Kenner Grabs 111K Worth Of Westlake Chemical Stock | 04/01/2024 |
14 | Is Westlake Using Too Much Debt | 04/05/2024 |
15 | Westlake Announces First Quarter 2024 Earnings Conference Call | 04/17/2024 |
Begin Period Cash Flow | 2.2 B |
Westlake |
Westlake Chemical Relative Risk vs. Return Landscape
If you would invest 13,798 in Westlake Chemical on January 19, 2024 and sell it today you would earn a total of 1,235 from holding Westlake Chemical or generate 8.95% return on investment over 90 days. Westlake Chemical is generating 0.153% of daily returns assuming volatility of 1.838% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Westlake, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
Westlake Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westlake Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Westlake Chemical, and traders can use it to determine the average amount a Westlake Chemical'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 = 0.0833
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Estimated Market Risk
1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Westlake Chemical is performing at about 6% 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 Westlake Chemical by adding it to a well-diversified portfolio.
Westlake Chemical Fundamentals Growth
Westlake Stock prices reflect investors' perceptions of the future prospects and financial health of Westlake Chemical, and Westlake Chemical 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 Westlake Stock performance.
Return On Equity | 0.0492 | |||
Return On Asset | 0.037 | |||
Profit Margin | 0.04 % | |||
Operating Margin | (0.02) % | |||
Current Valuation | 22.51 B | |||
Shares Outstanding | 128.51 M | |||
Price To Earning | 4.53 X | |||
Price To Book | 1.93 X | |||
Price To Sales | 1.57 X | |||
Revenue | 12.55 B | |||
Gross Profit | 4.07 B | |||
EBITDA | 2.33 B | |||
Net Income | 479 M | |||
Cash And Equivalents | 2.23 B | |||
Cash Per Share | 13.94 X | |||
Total Debt | 4.91 B | |||
Debt To Equity | 0.52 % | |||
Current Ratio | 2.48 X | |||
Book Value Per Share | 79.88 X | |||
Cash Flow From Operations | 2.34 B | |||
Earnings Per Share | 3.69 X | |||
Market Capitalization | 19.7 B | |||
Total Asset | 21.04 B | |||
Retained Earnings | 10.14 B | |||
Working Capital | 3.82 B | |||
Current Asset | 2.18 B | |||
Current Liabilities | 522.64 M | |||
About Westlake Chemical Performance
To evaluate Westlake Chemical 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 Westlake Chemical 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 Westlake 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 Westlake Chemical market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Westlake'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 | 56.65 | 64.55 | |
Return On Tangible Assets | 0.03 | 0.03 | |
Return On Capital Employed | 0.07 | 0.1 | |
Return On Assets | 0.02 | 0.02 | |
Return On Equity | 0.05 | 0.04 |
Things to note about Westlake Chemical performance evaluation
Checking the ongoing alerts about Westlake Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Westlake Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.About 73.0% of the company outstanding shares are owned by insiders | |
On 14th of March 2024 Westlake Chemical paid $ 0.5 per share dividend to its current shareholders | |
Latest headline from businesswire.com: Westlake Announces First Quarter 2024 Earnings Conference Call |
- Analyzing Westlake Chemical'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 Westlake Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Westlake Chemical'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 Westlake Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westlake Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Westlake Chemical's stock. These opinions can provide insight into Westlake Chemical'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 Westlake Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Westlake Chemical's price analysis, check to measure Westlake Chemical'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 Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.
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Is Westlake Chemical'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 Westlake Chemical. If investors know Westlake 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 Westlake Chemical 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 (0.29) | Dividend Share 1.714 | Earnings Share 3.69 | Revenue Per Share 98.18 | Quarterly Revenue Growth (0.14) |
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical'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 Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical'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 Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical'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.