Westlake Chemical Partners Stock Price on August 20, 2024
| WLKP Stock | USD 23.31 0.18 0.77% |
Below is the normalized historical share price chart for Westlake Chemical Partners extending back to July 30, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Westlake Chemical stands at 23.31, as last reported on the 29th of December, with the highest price reaching 23.78 and the lowest price hitting 23.05 during the day.
If you're considering investing in Westlake Stock, it is important to understand the factors that can impact its price. Currently, Westlake Chemical Partners is very steady. Westlake Chemical shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Westlake Chemical, which you can use to evaluate the volatility of the company. Please check out Westlake Chemical's Downside Deviation of 0.5844, market risk adjusted performance of 0.8071, and Mean Deviation of 0.4572 to validate if the risk estimate we provide is consistent with the expected return of 0.0965%.
At this time, Westlake Chemical's Total Stockholder Equity is relatively stable compared to the past year. As of 12/29/2024, Liabilities And Stockholders Equity is likely to grow to about 1.4 B, while Common Stock is likely to drop slightly above 485.5 M. . At this time, Westlake Chemical's Price Book Value Ratio is relatively stable compared to the past year. As of 12/29/2024, Price To Free Cash Flows Ratio is likely to grow to 1.98, though Price Earnings To Growth Ratio is likely to grow to (0.16). Westlake Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of July 2014 | 200 Day MA 22.6159 | 50 Day MA 23.0502 | Beta 1.067 |
Westlake |
Sharpe Ratio = 0.159
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Westlake Chemical is performing at about 12% 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.
Price Book 2.9574 | Enterprise Value Ebitda 2.284 | Price Sales 0.7186 | Shares Float 19.2 M | Dividend Share 1.886 |
Westlake Chemical Valuation on August 20, 2024
It is possible to determine the worth of Westlake Chemical on a given historical date. On August 20, 2024 Westlake was worth 22.07 at the beginning of the trading date compared to the closed value of 22.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westlake Chemical stock. Still, in general, we apply an absolute valuation method to find Westlake Chemical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Westlake Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westlake Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 22.10 | 22.27 | 21.98 | 22.03 | 23,737 | |
08/20/2024 | 22.07 | 22.19 | 21.98 | 22.02 | 17,305 |
| 22.27 | 22.27 | 21.98 | 22.03 | 16,461 |
| Backtest Westlake Chemical | | | Westlake Chemical History | | | Westlake Chemical Valuation | Previous | Next |
Westlake Chemical Trading Date Momentum on August 20, 2024
| On August 21 2024 Westlake Chemical Partners was traded for 22.03 at the closing time. The top price for the day was 22.27 and the lowest listed price was 21.98 . The trading volume for the day was 16.5 K. The trading history from August 21, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 0.05% . The trading price change against the current closing price is 0.95% . |
Westlake Chemical Fundamentals Correlations and Trends
By evaluating Westlake Chemical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Westlake Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westlake financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westlake Chemical Stock history
Westlake Chemical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Westlake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westlake Chemical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Westlake Chemical stock prices may prove useful in developing a viable investing in Westlake Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 35.2 M | 33.3 M | |
| Net Income Applicable To Common Shares | 57.8 M | 54.9 M |
Westlake Chemical Stock Technical Analysis
Westlake Chemical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Westlake Chemical Period Price Range
Low | December 29, 2024
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0.00 | 0.00 |
Westlake Chemical Partners cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Westlake Chemical December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Westlake Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westlake Chemical shares will generate the highest return on investment. By undertsting and applying Westlake Chemical stock market strength indicators, traders can identify Westlake Chemical Partners entry and exit signals to maximize returns
Westlake Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westlake Chemical's price direction in advance. Along with the technical and fundamental analysis of Westlake Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westlake to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1395 | |||
| Jensen Alpha | 0.0955 | |||
| Total Risk Alpha | 0.0814 | |||
| Sortino Ratio | 0.13 | |||
| Treynor Ratio | 0.7971 |
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Additional Tools for Westlake Stock Analysis
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.