Watsco Inc Stock Price on July 31, 2023
| WSO-B Stock | USD 535.00 15.30 2.94% |
Below is the normalized historical share price chart for Watsco Inc extending back to March 17, 1980. 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 Watsco stands at 535.00, as last reported on the 1st of December, with the highest price reaching 535.00 and the lowest price hitting 535.00 during the day.
If you're considering investing in Watsco Stock, it is important to understand the factors that can impact its price. At this point, Watsco is very steady. Watsco Inc shows Sharpe Ratio of 0.0964, which attests that the company had a 0.0964% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Watsco Inc, which you can use to evaluate the volatility of the company. Please check out Watsco's Market Risk Adjusted Performance of 1.92, standard deviation of 1.82, and Mean Deviation of 0.6508 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
At present, Watsco's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 3.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 27.7 M. . At present, Watsco's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 7.37, whereas Price Earnings Ratio is forecasted to decline to 15.27. Watsco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of March 1992 | 200 Day MA 455.8505 | 50 Day MA 501.3156 | Beta 0.874 |
Watsco |
Sharpe Ratio = 0.0964
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WSO-B | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Watsco is performing at about 7% 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 Watsco by adding it to a well-diversified portfolio.
Price Book 8.0123 | Enterprise Value Ebitda 27.9311 | Price Sales 0.3978 | Shares Float 32.4 M | Dividend Share 10.3 |
Watsco Main Headline on 31st of July 2023
Watsco Inc dividend paid on 31st of July 2023 |
Watsco Valuation on July 31, 2023
It is possible to determine the worth of Watsco on a given historical date. On July 31, 2023 Watsco was worth 356.22 at the beginning of the trading date compared to the closed value of 356.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Watsco stock. Still, in general, we apply an absolute valuation method to find Watsco'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 Watsco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Watsco's related companies.
| Open | High | Low | Close | Volume | |
| 356.22 | 356.22 | 356.22 | 356.22 | 1.00 | |
07/31/2023 | 356.22 | 356.22 | 356.22 | 356.22 | 1.00 |
| 356.22 | 356.22 | 356.22 | 356.22 | 1.00 |
| Backtest Watsco | | | Watsco History | | | Watsco Valuation | Previous | Next |
Watsco Trading Date Momentum on July 31, 2023
| On August 01 2023 Watsco Inc was traded for 356.22 at the closing time. The highest daily price throughout the period was 356.22 and the lowest price was 356.22 . There was no trading activity during the period 1.0. Lack of trading volume on 08/01/2023 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
Watsco Inc Fundamentals Correlations and Trends
By evaluating Watsco'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 Watsco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Watsco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Watsco Stock history
Watsco 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 Watsco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Watsco Inc 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 Watsco stock prices may prove useful in developing a viable investing in Watsco
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 36.5 M | 27.7 M | |
| Net Income Applicable To Common Shares | 691.3 M | 725.9 M |
Watsco Quarterly Net Working Capital |
|
Watsco Stock Technical Analysis
Watsco 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
Watsco Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Watsco Inc 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.
Watsco December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Watsco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Watsco shares will generate the highest return on investment. By undertsting and applying Watsco stock market strength indicators, traders can identify Watsco Inc entry and exit signals to maximize returns
Watsco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Watsco's price direction in advance. Along with the technical and fundamental analysis of Watsco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Watsco 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 | 0.0784 | |||
| Jensen Alpha | 0.1518 | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 1.91 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Watsco Stock analysis
When running Watsco's price analysis, check to measure Watsco'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 Watsco is operating at the current time. Most of Watsco's value examination focuses on studying past and present price action to predict the probability of Watsco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watsco's price. Additionally, you may evaluate how the addition of Watsco to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |