Westlake Chemical (Germany) Price on December 3, 2024

UEO Stock  EUR 116.00  3.00  2.52%   
If you're considering investing in Westlake Stock, it is important to understand the factors that can impact its price. As of today, the current price of Westlake Chemical stands at 116.00, as last reported on the 11th of December 2024, with the highest price reaching 119.00 and the lowest price hitting 116.00 during the day. Westlake Chemical shows Sharpe Ratio of -0.0539, which attests that the company had a -0.0539% return per unit of risk over the last 3 months. Westlake Chemical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Westlake Chemical's Standard Deviation of 1.38, mean deviation of 1.07, and Market Risk Adjusted Performance of 1.59 to validate the risk estimate we provide.
  
Westlake Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0539

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Estimated Market Risk

 1.4
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Westlake Chemical is not performing at its full potential. However, 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 Westlake Chemical by adding Westlake Chemical to a well-diversified portfolio.

Westlake Chemical Valuation on December 3, 2024

It is possible to determine the worth of Westlake Chemical on a given historical date. On December 3, 2024 Westlake was worth 122.0 at the beginning of the trading date compared to the closed value of 120.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westlake Chemical stock. Still, in general, we apply an absolute valuation method to find Westlake Chemical'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 Westlake Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westlake Chemical's related companies.
 Open High Low Close Volume
  121.00    122.00    121.00    122.00    1.00  
12/03/2024
  122.00    122.00    120.00    120.00    1.00  
  120.00    120.00    118.00    119.00    1.00  
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Open Value
122.0
117.81
Downside
120.0
Closing Value
126.19
Upside

Westlake Chemical Trading Date Momentum on December 3, 2024

On December 04 2024 Westlake Chemical was traded for  119.00  at the closing time. The highest daily price throughout the period was 120.00  and the lowest price was  118.00 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.83% . The trading price change to current closing price is 0.83% .

Westlake Chemical Fundamentals Correlations and Trends

By evaluating Westlake Chemical'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 Westlake Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westlake financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Westlake Chemical Stock history

Westlake Chemical 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 Westlake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westlake Chemical 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 Westlake Chemical stock prices may prove useful in developing a viable investing in Westlake Chemical
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. The company was founded in 1986 and is headquartered in Houston, Texas. WESTLAKE CHEM operates under Specialty Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8870 people.

Westlake Chemical Stock Technical Analysis

Westlake Chemical 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.
A focus of Westlake Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Westlake Chemical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Westlake Chemical Period Price Range

Low
December 11, 2024
0.00  NaN%
High

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Westlake Chemical cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Westlake Chemical December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Westlake Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westlake Chemical shares will generate the highest return on investment. By undertsting and applying Westlake Chemical stock market strength indicators, traders can identify Westlake Chemical entry and exit signals to maximize returns

Westlake Chemical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Westlake Chemical's price direction in advance. Along with the technical and fundamental analysis of Westlake Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westlake 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.

Complementary Tools for Westlake Stock analysis

When running Westlake Chemical's price analysis, check to measure Westlake Chemical'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 Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.
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