Westport Fuel Systems Stock Price on July 5, 2024

WPRT Stock  CAD 5.02  0.14  2.87%   
Below is the normalized historical share price chart for Westport Fuel Systems extending back to March 04, 1996. 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 Westport Fuel stands at 5.02, as last reported on the 24th of December, with the highest price reaching 5.05 and the lowest price hitting 4.74 during the day.
200 Day MA
7.3436
50 Day MA
5.919
Beta
3.125
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Westport Stock, it is important to understand the factors that can impact its price. Westport Fuel Systems shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of risk over the last 3 months. Westport Fuel Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Westport Fuel's Standard Deviation of 2.14, mean deviation of 1.5, and Market Risk Adjusted Performance of (0.58) to validate the risk estimate we provide.
  
At this time, Westport Fuel's Common Stock Shares Outstanding is very stable compared to the past year. As of the 24th of December 2024, Capital Stock is likely to grow to about 1.3 B, while Total Stockholder Equity is likely to drop about 106.9 M. . As of the 24th of December 2024, Price To Sales Ratio is likely to drop to 0.33. In addition to that, Price Earnings Ratio is likely to grow to -2.17. Westport Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1252

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Estimated Market Risk

 2.17
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Westport Fuel 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 Westport Fuel by adding Westport Fuel to a well-diversified portfolio.
Price Book
0.403
Enterprise Value Ebitda
51.8657
Price Sales
0.2663
Shares Float
15.3 M
Wall Street Target Price
114.2513

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Westport Fuel Valuation on July 5, 2024

It is possible to determine the worth of Westport Fuel on a given historical date. On July 5, 2024 Westport was worth 7.84 at the beginning of the trading date compared to the closed value of 8.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westport Fuel stock. Still, in general, we apply an absolute valuation method to find Westport Fuel'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 Westport Fuel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westport Fuel's related companies.
 Open High Low Close Volume
  7.87    7.98    7.82    7.83    4,650  
07/05/2024
  7.84    8.05    7.75    8.05    5,880  
  8.05    8.13    7.85    7.91    4,283  
Backtest Westport Fuel  |  Westport Fuel History  |  Westport Fuel Valuation   PreviousNext  
Open Value
7.84
8.05
Closing Value
14.36
Upside

Westport Fuel Trading Date Momentum on July 5, 2024

On July 08 2024 Westport Fuel Systems was traded for  7.91  at the closing time. The highest price during the trading period was 8.13  and the lowest recorded bid was listed for  7.85 . The volume for the day was 4.3 K. This history from July 8, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.74% . The trading price change to the current price is 5.34% .

Westport Fuel Systems Fundamentals Correlations and Trends

By evaluating Westport Fuel'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 Westport Fuel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westport financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Westport Fuel Stock history

Westport Fuel 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 Westport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westport Fuel Systems 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 Westport Fuel stock prices may prove useful in developing a viable investing in Westport Fuel
Last ReportedProjected for Next Year
Common Stock Shares Outstanding17.2 M30.6 M
Net Loss-37.6 M-39.5 M

Westport Fuel Quarterly Net Working Capital

69.8 Million

Westport Fuel Stock Technical Analysis

Westport Fuel 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.
A focus of Westport Fuel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Westport Fuel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Westport Fuel Period Price Range

Low
December 24, 2024
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High

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Westport Fuel Systems cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Westport Fuel December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Westport Fuel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westport Fuel shares will generate the highest return on investment. By undertsting and applying Westport Fuel stock market strength indicators, traders can identify Westport Fuel Systems entry and exit signals to maximize returns

Westport Fuel Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Westport Fuel's price direction in advance. Along with the technical and fundamental analysis of Westport Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westport 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.
When determining whether Westport Fuel Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westport Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westport Fuel Systems Stock. Highlighted below are key reports to facilitate an investment decision about Westport Fuel Systems Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between Westport Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westport Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westport Fuel'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.