Wabash National Stock Price on April 22, 2024
| WNC Stock | USD 22.61 0.53 2.40% |
Below is the normalized historical share price chart for Wabash National extending back to November 08, 1991. 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 Wabash National stands at 22.61, as last reported on the 2nd of June, with the highest price reaching 22.63 and the lowest price hitting 22.19 during the day.
If you're considering investing in Wabash Stock, it is important to understand the factors that can impact its price. Wabash National shows Sharpe Ratio of -0.11, which attests that the company had a -0.11% return per unit of risk over the last 3 months. Wabash National exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wabash National's Mean Deviation of 1.68, standard deviation of 2.07, and Market Risk Adjusted Performance of (0.27) to validate the risk estimate we provide.
At present, Wabash National's Stock Based Compensation To Revenue is projected to slightly decrease based on the last few years of reporting. . At present, Wabash National's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 3.96, whereas Price Earnings Ratio is forecasted to decline to 4.95. Wabash Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of November 1991 | 200 Day MA 24.0899 | 50 Day MA 25.1124 | Beta 1.614 |
Wabash |
Sharpe Ratio = -0.1117
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WNC |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wabash National 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 Wabash National by adding Wabash National to a well-diversified portfolio.
Price Book 2.1978 | Enterprise Value Ebitda 3.9847 | Price Sales 0.4761 | Shares Float 44.1 M | Dividend Share 0.32 |
Wabash National Valuation on April 22, 2024
It is possible to determine the worth of Wabash National on a given historical date. On April 22, 2024 Wabash was worth 25.6 at the beginning of the trading date compared to the closed value of 25.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wabash National stock. Still, in general, we apply an absolute valuation method to find Wabash National'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 Wabash National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wabash National's related companies.
| Open | High | Low | Close | Volume | |
| 24.97 | 25.56 | 24.86 | 25.36 | 725,023 | |
04/22/2024 | 25.60 | 26.04 | 25.49 | 25.82 | 434,301 |
| 25.81 | 26.41 | 25.68 | 25.75 | 934,892 |
| Backtest Wabash National | | | Wabash National History | | | Wabash National Valuation | Previous | Next |
Wabash National Trading Date Momentum on April 22, 2024
| On April 23 2024 Wabash National was traded for 25.75 at the closing time. Highest Wabash National's price during the trading hours was 26.41 and the lowest price during the day was 25.68 . The net volume was 934.9 K. The overall trading history on the 23rd of April contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.27% . The trading price change to current price is 10.81% . |
Wabash National Fundamentals Correlations and Trends
By evaluating Wabash National'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 Wabash National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wabash financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wabash National Stock history
Wabash National 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 Wabash is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wabash National 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 Wabash National stock prices may prove useful in developing a viable investing in Wabash National
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 48 M | 42.5 M | |
| Net Income Applicable To Common Shares | 101 M | 106.1 M |
Wabash National Quarterly Net Working Capital |
|
Wabash National Stock Technical Analysis
Wabash National 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.
Price Boundaries
Wabash National Period Price Range
Low | April 22, 2024
| High |
25.60 | 25.82 |
Wabash National June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Wabash National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wabash National shares will generate the highest return on investment. By undertsting and applying Wabash National stock market strength indicators, traders can identify Wabash National entry and exit signals to maximize returns
Wabash National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wabash National's price direction in advance. Along with the technical and fundamental analysis of Wabash Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wabash 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.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.28) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Wabash Stock analysis
When running Wabash National's price analysis, check to measure Wabash National'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 Wabash National is operating at the current time. Most of Wabash National's value examination focuses on studying past and present price action to predict the probability of Wabash National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wabash National's price. Additionally, you may evaluate how the addition of Wabash National to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is Wabash National's industry 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 Wabash National. If investors know Wabash 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 Wabash National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.32 | Earnings Share 4.16 | Revenue Per Share 52.372 | Quarterly Revenue Growth (0.17) |
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National'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 Wabash National's market value can be influenced by many factors that don't directly affect Wabash National'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 Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National'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.