Western Midstream Partners Stock Price on December 13, 2024

WES Stock  USD 39.76  0.19  0.48%   
Below is the normalized historical share price chart for Western Midstream Partners extending back to December 07, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Midstream stands at 39.76, as last reported on the 15th of December 2024, with the highest price reaching 40.24 and the lowest price hitting 39.42 during the day.
IPO Date
9th of May 2008
200 Day MA
37.8334
50 Day MA
38.5228
Beta
2.818
 
Yuan Drop
 
Covid
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. Currently, Western Midstream Partners is very steady. Western Midstream shows Sharpe Ratio of 0.0311, which attests that the company had a 0.0311% return per unit of risk over the last 3 months. We have found thirty technical indicators for Western Midstream, which you can use to evaluate the volatility of the company. Please check out Western Midstream's Market Risk Adjusted Performance of 0.4761, mean deviation of 1.18, and Downside Deviation of 1.49 to validate if the risk estimate we provide is consistent with the expected return of 0.0453%.
  
At this time, Western Midstream's Common Stock Total Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 33.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 248.2 M in 2024. . At this time, Western Midstream's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 4.06 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.89) in 2024. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0311

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Negative ReturnsWES

Estimated Market Risk

 1.46
  actual daily
13
87% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Western Midstream is performing at about 2% 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 Midstream by adding it to a well-diversified portfolio.
Price Book
4.6746
Enterprise Value Ebitda
8.4372
Price Sales
4.2804
Shares Float
213.8 M
Dividend Share
3.2

Western Midstream Main Headline on 13th of December 2024

The Coles Group Ltd share price and Mineral Resources Ltd share price are in focus in 2024. Heres how you could put a value on them.

Western Midstream Valuation on December 13, 2024

It is possible to determine the worth of Western Midstream on a given historical date. On December 13, 2024 Western was worth 40.24 at the beginning of the trading date compared to the closed value of 39.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Midstream stock. Still, in general, we apply an absolute valuation method to find Western Midstream'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 Western Midstream where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Midstream's related companies.
 Open High Low Close Volume
  39.07    39.97    39.00    39.95    909,306  
12/13/2024
  40.24    40.24    39.42    39.76    731,635  
  40.24    40.24    39.42    39.76    0.00  
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Open Value
40.24
39.76
Closing Value
44.62
Upside

Western Midstream Trading Date Momentum on December 13, 2024

On December 15 2024 Western Midstream Partners was traded for  39.76  at the closing time. Highest Western Midstream's price during the trading hours was 40.24  and the lowest price during the day was  39.42 . There was no trading activity during the period 0.0. Lack of trading volume on the 15th of December 2024 had no short-term effect on price fluctuation. The trading price change to current price is 1.21% .

Western Midstream Fundamentals Correlations and Trends

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

About Western Midstream Stock history

Western Midstream 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 Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Midstream 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 Western Midstream stock prices may prove useful in developing a viable investing in Western Midstream
Last ReportedProjected for Next Year
Common Stock Shares Outstanding384.4 M248.2 M
Net Income Applicable To Common Shares1.4 B1.5 B

Western Midstream Stock Technical Analysis

Western Midstream 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 Western Midstream technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Western Midstream 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

Western Midstream Period Price Range

Low
December 15, 2024
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High

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Western Midstream Partners cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Western Midstream December 15, 2024 Market Strength

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

Western Midstream Technical and Predictive Indicators

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

Additional Tools for Western Stock Analysis

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