Western Alliance Bancorporation Stock Performance
| WAL Stock | USD 93.50 0.53 0.56% |
On a scale of 0 to 100, Western Alliance holds a performance score of 7. The firm maintains a market beta of 2.52, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Western Alliance will likely underperform. Please check Western Alliance's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Western Alliance's historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Western Alliance Bancorporation are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating basic indicators, Western Alliance disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.27) | Five Day Return 2.62 | Year To Date Return 44.99 | Ten Year Return 254.82 | All Time Return 269.21 |
Forward Dividend Yield 0.0162 | Payout Ratio 0.211 | Forward Dividend Rate 1.52 | Dividend Date 2024-11-29 | Ex Dividend Date 2024-11-15 |
1 | Disposition of 101 shares by Barbara Kennedy of Western Alliance subject to Rule 16b-3 | 09/13/2024 |
2 | Acquisition by Nachlas Emily of tradable shares of Western Alliance subject to Rule 16b-3 | 10/08/2024 |
3 | These stocks reporting earnings next week have a history of beating expectations | 10/10/2024 |
4 | Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results | 10/17/2024 |
5 | Is Western Alliance Bancorporation The Best Mid Cap Value Stock To Invest In | 10/31/2024 |
6 | Disposition of 158 shares by Tim Bruckner of Western Alliance at 90.88 subject to Rule 16b-3 | 11/01/2024 |
7 | Acquisition by Timothy Boothe of tradable shares of Western Alliance subject to Rule 16b-3 | 11/05/2024 |
8 | 3 Stocks Possibly Trading Below Fair Value By Up To 43.3 | 11/06/2024 |
9 | Acquisition by Kenneth Vecchione of 5 shares of Western Alliance subject to Rule 16b-3 | 11/07/2024 |
10 | Western Alliance Bancorporation Is Paying Out A Larger Dividend Than Last Year | 11/08/2024 |
11 | Rakuten Securities Inc. Reduces Stock Position in Western Alliance Bancorporation | 11/13/2024 |
12 | Disposition of 5 shares by Kenneth Vecchione of Western Alliance subject to Rule 16b-3 | 11/15/2024 |
13 | Disposition of 5 shares by Kenneth Vecchione of Western Alliance at 90.38 subject to Rule 16b-3 | 11/18/2024 |
14 | Is Western Alliance Bancorp Poised For Future Growth | 11/20/2024 |
15 | Tradewinds LLC. Sells 220 Shares of Western Alliance Bancorporation | 11/21/2024 |
16 | Meridian Wealth Management LLC Makes New 223,000 Investment in Western Alliance Bancorporation | 11/26/2024 |
| Begin Period Cash Flow | 1 B |
Western |
Western Alliance Relative Risk vs. Return Landscape
If you would invest 8,134 in Western Alliance Bancorporation on August 30, 2024 and sell it today you would earn a total of 1,216 from holding Western Alliance Bancorporation or generate 14.95% return on investment over 90 days. Western Alliance Bancorporation is generating 0.2627% of daily returns assuming volatility of 2.9194% on return distribution over 90 days investment horizon. In other words, 25% of stocks are less volatile than Western, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Western Alliance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Alliance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Western Alliance Bancorporation, and traders can use it to determine the average amount a Western Alliance'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 = 0.09
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| Small Returns | WAL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Western Alliance 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 Western Alliance by adding it to a well-diversified portfolio.
Western Alliance Fundamentals Growth
Western Stock prices reflect investors' perceptions of the future prospects and financial health of Western Alliance, and Western Alliance fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Western Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0095 | |||
| Profit Margin | 0.25 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 11.75 B | |||
| Shares Outstanding | 110.07 M | |||
| Price To Earning | 11.32 X | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 3.56 X | |||
| Revenue | 2.56 B | |||
| Gross Profit | 2.47 B | |||
| EBITDA | 1.02 B | |||
| Net Income | 722.4 M | |||
| Cash And Equivalents | 1.61 B | |||
| Cash Per Share | 14.91 X | |||
| Total Debt | 8.3 B | |||
| Debt To Equity | 0.23 % | |||
| Book Value Per Share | 58.51 X | |||
| Cash Flow From Operations | (328.6 M) | |||
| Earnings Per Share | 6.47 X | |||
| Market Capitalization | 10.35 B | |||
| Total Asset | 70.86 B | |||
| Retained Earnings | 4.21 B | |||
About Western Alliance Performance
By examining Western Alliance's fundamental ratios, stakeholders can obtain critical insights into Western Alliance's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Western Alliance is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.12 | 0.07 |
Things to note about Western Alliance Ban performance evaluation
Checking the ongoing alerts about Western Alliance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Western Alliance Ban help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Western Alliance Bancorporation has about 1.61 B in cash with (328.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.91. | |
| Western Alliance Ban has a frail financial position based on the latest SEC disclosures | |
| Over 91.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Meridian Wealth Management LLC Makes New 223,000 Investment in Western Alliance Bancorporation |
- Analyzing Western Alliance'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 Western Alliance's stock is overvalued or undervalued compared to its peers.
- Examining Western Alliance'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 Western Alliance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Western Alliance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Western Alliance's stock. These opinions can provide insight into Western Alliance's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Alliance. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.48 | Earnings Share 6.47 | Revenue Per Share 26.821 | Quarterly Revenue Growth 0.121 |
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance'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.