Westport Fuel Financials
| WPRT Stock | CAD 6.20 0.08 1.27% |
Westport |
Understanding current and past Westport Fuel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westport Fuel's financial statements are interrelated, with each one affecting the others. For example, an increase in Westport Fuel's assets may result in an increase in income on the income statement.
Westport Fuel Stock Summary
Westport Fuel competes with Ballard Power, NFI, GreenPower, Real Matters, and Boralex. Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications worldwide. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada. WESTPORT FUEL operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 1797 people.| Foreign Associate | USA |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA9609085076 |
| Business Address | 1691 West 75th |
| Sector | Automobile Components |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | wfsinc.com |
| Phone | 604 718 2000 |
| Currency | CAD - Canadian Dollar |
You should never invest in Westport Fuel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Westport Stock, because this is throwing your money away. Analyzing the key information contained in Westport Fuel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Westport Fuel Key Financial Ratios
Westport Fuel's financial ratios allow both analysts and investors to convert raw data from Westport Fuel's financial statements into concise, actionable information that can be used to evaluate the performance of Westport Fuel over time and compare it to other companies across industries.| Return On Equity | -0.2 | |||
| Return On Asset | -0.0652 | |||
| Target Price | 79.43 | |||
| Beta | 3.13 |
Westport Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westport Fuel's current stock value. Our valuation model uses many indicators to compare Westport Fuel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westport Fuel competition to find correlations between indicators driving Westport Fuel's intrinsic value. More Info.Westport Fuel Systems is rated fourth in return on equity category among its peers. It is rated fourth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Westport Fuel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Westport Fuel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Westport Fuel Systems Systematic Risk
Westport Fuel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westport Fuel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Westport Fuel Systems correlated with the market. If Beta is less than 0 Westport Fuel generally moves in the opposite direction as compared to the market. If Westport Fuel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westport Fuel Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westport Fuel is generally in the same direction as the market. If Beta > 1 Westport Fuel moves generally in the same direction as, but more than the movement of the benchmark.
Westport Fuel November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Westport Fuel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westport Fuel Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westport Fuel Systems based on widely used predictive technical indicators. In general, we focus on analyzing Westport Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westport Fuel's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.58 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.87 |
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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.