Westport Fuel Systems Stock Price on July 16, 2024
WPRT Stock | CAD 4.88 0.11 2.20% |
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 4.88, as last reported on the 20th of December, with the highest price reaching 5.15 and the lowest price hitting 4.82 during the day.
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 -0.16, which attests that the company had a -0.16% return per unit of risk over the last 3 months. Westport Fuel Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Westport Fuel's Market Risk Adjusted Performance of (0.51), standard deviation of 2.11, and Mean Deviation of 1.48 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 20th 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 20th 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.
200 Day MA 7.3567 | 50 Day MA 5.9404 | Beta 3.125 |
Westport |
Sharpe Ratio = -0.1552
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Estimated Market Risk
2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 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 0.4105 | Enterprise Value Ebitda 51.8657 | Price Sales 0.2647 | Shares Float 15.3 M | Wall Street Target Price 114.6024 |
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Westport Fuel Valuation on July 16, 2024
It is possible to determine the worth of Westport Fuel on a given historical date. On July 16, 2024 Westport was worth 8.6 at the beginning of the trading date compared to the closed value of 8.85. 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 | |
8.48 | 8.64 | 8.48 | 8.52 | 5,809 | |
07/16/2024 | 8.60 | 8.90 | 8.43 | 8.85 | 17,097 |
8.84 | 8.86 | 8.68 | 8.68 | 4,310 |
Backtest Westport Fuel | | | Westport Fuel History | | | Westport Fuel Valuation | Previous | Next |
Westport Fuel Trading Date Momentum on July 16, 2024
On July 17 2024 Westport Fuel Systems was traded for 8.68 at the closing time. The highest price during the trading period was 8.86 and the lowest recorded bid was listed for 8.68 . The volume for the day was 4.3 K. This history from July 17, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.92% . The trading price change to the current price is 7.12% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 17.2 M | 30.6 M | |
Net Loss | -37.6 M | -39.5 M |
Westport Fuel Quarterly Net Working Capital |
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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.
Price Boundaries
Westport Fuel Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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 20, 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.
Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | (0.52) |
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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.