Westlake Chemical Stock Statistic Functions Beta

WLK Stock  USD 101.28  0.68  0.67%   
Westlake Chemical statistic functions tool provides the execution environment for running the Beta function and other technical functions against Westlake Chemical. Westlake Chemical value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Westlake Chemical statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Westlake Chemical correlated with the market. If Beta is less than 0 Westlake Chemical generally moves in the opposite direction as compared to the market. If Westlake Chemical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westlake Chemical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westlake Chemical is generally in the same direction as the market. If Beta > 1 Westlake Chemical moves generally in the same direction as, but more than the movement of the benchmark.

Westlake Chemical Technical Analysis Modules

Most technical analysis of Westlake Chemical help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Westlake from various momentum indicators to cycle indicators. When you analyze Westlake charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Westlake Chemical Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westlake Chemical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westlake Chemical based on widely used predictive technical indicators. In general, we focus on analyzing Westlake Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westlake Chemical's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Westlake Chemical's intrinsic value. In addition to deriving basic predictive indicators for Westlake Chemical, we also check how macroeconomic factors affect Westlake Chemical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2024 2025 (projected)
Dividend Yield0.01290.01790.00976
Price To Sales Ratio0.831.210.81
Hype
Prediction
LowEstimatedHigh
100.38101.96103.54
Details
Intrinsic
Valuation
LowRealHigh
82.0383.61112.16
Details
Naive
Forecast
LowNextHigh
97.3898.96100.54
Details
16 Analysts
Consensus
LowTargetHigh
134.74148.07164.35
Details

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When determining whether Westlake Chemical 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 Westlake 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 Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Commodity Chemicals 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 Westlake Chemical. If investors know Westlake 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 Westlake Chemical 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
(0.62)
Dividend Share
2.05
Earnings Share
4.64
Revenue Per Share
94.464
Quarterly Revenue Growth
0.006
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical'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 Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical'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 Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical'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.