Westinghouse Air (Brazil) Performance
| W1AB34 Stock | 581.59 9.25 1.57% |
On a scale of 0 to 100, Westinghouse Air holds a performance score of 16. The firm maintains a market beta of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Westinghouse Air are expected to decrease at a much lower rate. During the bear market, Westinghouse Air is likely to outperform the market. Please check Westinghouse Air's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Westinghouse Air's historical returns will revert.
Risk-Adjusted Performance
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Westinghouse Air Brake are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Westinghouse Air sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Westinghouse |
Westinghouse Air Relative Risk vs. Return Landscape
If you would invest 49,954 in Westinghouse Air Brake on October 5, 2024 and sell it today you would earn a total of 8,205 from holding Westinghouse Air Brake or generate 16.43% return on investment over 90 days. Westinghouse Air Brake is generating 0.2709% of daily returns and assumes 1.3052% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Westinghouse, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Westinghouse Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westinghouse Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Westinghouse Air Brake, and traders can use it to determine the average amount a Westinghouse Air'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 = 0.2076
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Westinghouse Air is performing at about 16% 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 Westinghouse Air by adding it to a well-diversified portfolio.
Things to note about Westinghouse Air Brake performance evaluation
Checking the ongoing alerts about Westinghouse Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Westinghouse Air Brake help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Westinghouse Air's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Westinghouse Air's stock performance include:- Analyzing Westinghouse Air'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 Westinghouse Air's stock is overvalued or undervalued compared to its peers.
- Examining Westinghouse Air'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 Westinghouse Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westinghouse Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Westinghouse Air's stock. These opinions can provide insight into Westinghouse Air's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Westinghouse Stock analysis
When running Westinghouse Air's price analysis, check to measure Westinghouse Air'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 Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
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