Westlake Chemical Stock Forecast - Day Typical Price
| WLK Stock | USD 79.85 12.42 13.46% |
Westlake Stock Forecast is based on your current time horizon.
| Previous Day Typical Price | Day Typical Price | Trend |
| 81.05 | 81.05 |
| Check Westlake Chemical Volatility | Backtest Westlake Chemical | Information Ratio |
Westlake Chemical Trading Date Momentum
| On May 04 2025 Westlake Chemical was traded for 79.85 at the closing time. Highest Westlake Chemical's price during the trading hours was 84.48 and the lowest price during the day was 78.81 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of May had no short-term effect on price fluctuation. The trading price change to current price is 0.46% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Westlake Chemical
For every potential investor in Westlake, whether a beginner or expert, Westlake Chemical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Westlake Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Westlake. Basic forecasting techniques help filter out the noise by identifying Westlake Chemical's price trends.Westlake Chemical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Westlake Chemical stock to make a market-neutral strategy. Peer analysis of Westlake Chemical could also be used in its relative valuation, which is a method of valuing Westlake Chemical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Westlake Chemical Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Westlake Chemical's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Westlake Chemical's current price.| Cycle Indicators | ||
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Westlake Chemical Market Strength Events
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 Risk Indicators
The analysis of Westlake Chemical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Westlake Chemical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting westlake stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.07 | |||
| Standard Deviation | 3.25 | |||
| Variance | 10.57 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Is 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.
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.