Westpac Banking Stock Analysis

Westpac Pink Sheet Analysis Notes

About 28.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.15. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Westpac Banking has Price/Earnings To Growth (PEG) ratio of 1.22. The entity last dividend was issued on the 17th of November 2022. The firm had 548:545 split on the 19th of October 2015. Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. The company was founded in 1817 and is based in Sydney, Australia. Westpac Banking operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 34637 people.The quote for Westpac Banking is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call BEc FCA at 61 2 9155 7713 or visit https://www.westpac.com.au.

Westpac Banking Investment Alerts

Westpac Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 57.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westpac Banking's market, we take the total number of its shares issued and multiply it by Westpac Banking's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Westpac Profitablity

The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.49 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.49.

Technical Drivers

As of the 11th of December 2024, Westpac Banking maintains the Market Risk Adjusted Performance of 0.6288, mean deviation of 2.64, and Downside Deviation of 3.97. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Westpac Banking, as well as the relationship between them. Please check out Westpac Banking jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Westpac Banking is priced fairly, providing market reflects its latest price of 20.41 per share. Given that Westpac Banking has jensen alpha of 0.0797, we strongly advise you to confirm Westpac Banking's prevalent market performance to make sure the company can sustain itself at a future point.

Westpac Banking Price Movement Analysis

Westpac Banking Predictive Daily Indicators

Westpac Banking Forecast Models

Westpac Banking's time-series forecasting models are one of many Westpac Banking's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Westpac Banking's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Westpac Banking prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Westpac shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Westpac Banking. By using and applying Westpac Pink Sheet analysis, traders can create a robust methodology for identifying Westpac entry and exit points for their positions.

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