WESTERN Competitors

WDC Stock

EUR 68.86 1.45 2.15%

WESTERN DIGITAL competes with Liberty Broadband, Computershare, Regions Financial, National Bank, and CDN IMPERIAL; as well as few others. The company operates under Other sector and is part of Other industry. Analyzing WESTERN DIGITAL competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of WESTERN DIGITAL to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out WESTERN DIGITAL Correlation with its peers.

For more information on how to buy WESTERN Stock please use our How to Invest in WESTERN DIGITAL guide.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of WESTERN DIGITAL competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
66.46	68.86	71.26

Details

Intrinsic

Valuation

Low	Real	High
63.49	65.89	75.75

Details

WESTERN DIGITAL Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between WESTERN DIGITAL and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of WESTERN and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of WESTERN DIGITAL does not affect the price movement of the other competitor.

	8L8	QCH	RN7	NB9	CAI	PWT	A4S	9YM
8L8		0.4	0.76	0.75	0.86	0.62	0.9	0.18	8L8
QCH	0.4		0.84	0.8	0.65	0.89	0.68	0.22	QCH
RN7	0.76	0.84		0.95	0.92	0.95	0.94	0.29	RN7
NB9	0.75	0.8	0.95		0.88	0.93	0.89	0.4	NB9
CAI	0.86	0.65	0.92	0.88		0.84	0.96	0.37	CAI
PWT	0.62	0.89	0.95	0.93	0.84		0.84	0.34	PWT
A4S	0.9	0.68	0.94	0.89	0.96	0.84		0.3	A4S
9YM	0.18	0.22	0.29	0.4	0.37	0.34	0.3		9YM
	8L8	QCH	RN7	NB9	CAI	PWT	A4S	9YM

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Risk-Adjusted Indicators

There is a big difference between WESTERN Stock performing well and WESTERN DIGITAL Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze WESTERN DIGITAL's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
8L8	2.12	0.58	0.20	1.71	1.78	(3.05)	3.65	(2.75)	34.61
QCH	1.23	0.05	0.03	0.17	1.17	(1.54)	2.44	(1.76)	11.52
RN7	1.36	0.14	0.15	0.21	1.05	(1.98)	3.36	(1.94)	13.03
NB9	1.69	0.04	0.06	0.15	1.60	(2.27)	4.02	(2.98)	16.82
CAI	0.63	0.25	0.18	(5.87)	0.22	(0.76)	1.77	(0.88)	4.19
PWT	1.30	(0.03)	0.03	0.11	1.24	(1.92)	3.01	(2.50)	12.15
A4S	1.07	0.46	0.23	(5.77)	0.80	(1.25)	2.33	(1.27)	16.93
9YM	1.83	0.18	(0.01)	(0.15)	2.50	(1.94)	3.72	(3.56)	14.36

Unable to evaluate fundamental data of [8L8.F, QCH.F, RN7.F, NB9.F, CAI.MU, PWT.BE, A4S.F, 9YM.F] at this time. Please try again later

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WESTERN DIGITAL Competitive Analysis

The better you understand WESTERN DIGITAL competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, WESTERN DIGITAL's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across WESTERN DIGITAL's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	WDC	8L8	QCH	RN7	NB9	CAI	PWT	A4S	9YM
	2.15 68.86 WESTERN	0.63 79.50 Liberty	0.52 19.50 Computershare	0.78 26.00 Regions	0.20 44.80 National	0.08 61.19 CDN	0.75 13.30 TFS	0.33 542.00 Ameriprise	0.95 10.40 KRISPY
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady	Somewhat reliable
Market Performance (90 Days Performance)	OK	Good	OK	Good	OK	Solid	OK	Solid	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Quite High
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Over Valued	Under Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Buy	Strong Hold	Strong Buy	Strong Hold	Sell	Strong Hold	Strong Sell	Strong Sell
Current Ratio	N/A	2.53	1.78	N/A	N/A	N/A	N/A	2.64	N/A
Net Asset	26.26 B	15.14 B	6.09 B	155.22 B	9.57 B	943.6 B	15.79 B	158.47 B	N/A
Profit Margin	N/A	1.29	0.11	0.32	0.24	N/A	N/A	0.18	-0.0077
EBITDA	3.36 B	1.93 B	643.51 M	N/A	N/A	N/A	N/A	4.27 B	150.25 M
Current Valuation	15.5 B	15.83 B	11.83 B	20.32 B	262.74 M	N/A	N/A	29.93 B	N/A
Price To Book	0.94	1.5	4.9	1.47	1.81	1.16	2.09	10.49	N/A
Operating Margin	N/A	0.0287	0.17	0.45	0.34	N/A	N/A	0.29	0.0283
Five Year Return	N/A	N/A	2.74	1.83	0.92	N/A	N/A	2.01	N/A
Beta	N/A	1.14	0.73	1.23	0.94	N/A	N/A	1.5	N/A
Number Of Employees	N/A	15	14.12 K	20.07 K	20	N/A	N/A	13.5 K	N/A
Shares Outstanding	N/A	18.25 M	603.73 M	934.56 M	37.61 M	N/A	N/A	105.3 M	167.44 M
Cash Flow From Operations	1.88 B	(56 M)	494.54 M	3.1 B	179.5 M	22.71 B	38.93 M	4.41 B	N/A
Annual Yield	0.0248	N/A	0.0247	0.0342	0.0247	0.0772	0.0653	0.0145	0.0112
Total Debt	7.02 B	2.42 B	1.94 B	2.28 B	438.89 M	107.25 B	4.79 B	5.15 B	N/A
Return On Equity	N/A	0.13	0.15	0.13	0.0738	N/A	N/A	0.54	-0.0027
Z Score	1.2	2.4	2.4	4.8	1.8	N/A	N/A	3.6	N/A
Return On Asset	N/A	0.0011	0.0508	0.0141	0.0085	N/A	N/A	0.0156	0.0085
Book Value Per Share	N/A	57.87	3.44	15.29	29.04	N/A	N/A	34.32	7.01
Total Asset	26.26 B	15.14 B	6.09 B	155.22 B	9.57 B	943.6 B	15.79 B	158.47 B	N/A
Last Dividend Paid	0.5	N/A	0.4	0.74	0.96	1.46	0.25	4.88	0.14
Debt To Equity	N/A	4.9	1.48	N/A	N/A	N/A	N/A	101.6	N/A
Target Price	N/A	217.67	N/A	22.67	42.4	N/A	N/A	292.5	20.7
Shares Owned By Institutions	N/A	87.82	40.49	78.98	89.37	N/A	N/A	85.79	40.0
Market Capitalization	15.97 B	11.83 B	9.45 B	20.54 B	1.47 B	44.62 B	4.5 B	34.1 B	1.98 B
Price To Earnings To Growth	489.54	N/A	N/A	0.52	N/A	N/A	N/A	1.36	N/A
Price To Earning	N/A	223.23	32.73	8.55	14.49	N/A	N/A	9.2	N/A
Price To Sales	0.65	10.53	4.06	2.8	5.05	2.41	13.13	2.18	N/A
Net Income	1.5 B	1.26 B	227.66 M	2.25 B	71.27 M	6.22 B	74.56 M	2.56 B	N/A
Earnings Per Share	N/A	7.56	0.49	2.15	2.05	N/A	N/A	21.09	-0.11
Shares Owned By Insiders	N/A	9.72	8.06	0.49	1.55	N/A	N/A	0.27	50.6
Revenue	18.79 B	975 M	2.56 B	7.21 B	340.31 M	21.76 B	291.2 M	14.27 B	1.5 B
Cash And Equivalents	N/A	67.13 M	615.38 M	2.09 B	120.84 M	N/A	N/A	4.28 B	N/A
Cash Per Share	N/A	0.37	1.14	2.07	3.9	N/A	N/A	31.99	N/A
Gross Profit	N/A	722 M	365.44 M	6.94 B	295.87 M	N/A	N/A	7.84 B	400.06 M
Day Typical Price	68.37	79.33	19.5	26.0	44.8	61.01	13.3	541.93	10.4
Accumulation Distribution	0.0215	0.0063	N/A	N/A	N/A	0.0088	N/A	0.0063	N/A
Market Facilitation Index	1.48	0.5	N/A	N/A	N/A	0.54	N/A	3.4	N/A
Daily Balance Of Power	0.9797	1.0	9.2 T	9.2 T	9.2 T	(0.09)	(9,223,372,036,855)	0.5294	(9,223,372,036,855)
Period Momentum Indicator	1.45	0.5	0.1	0.2	0.09	(0.05)	(0.10)	1.8	(0.10)
Rate Of Daily Change	1.02	1.01	1.01	1.01	1.0	1.0	0.99	1.0	0.99
Day Median Price	68.12	79.25	19.5	26.0	44.8	60.92	13.3	541.9	10.4
Price Action Indicator	1.47	0.5	0.05	0.1	0.045	0.24	(0.05)	1.0	(0.05)
Coefficient Of Variation	855.19	664.12	910.18	509.64	936.64	323.89	957.58	424.16	2256.25
Mean Deviation	1.85	2.12	1.23	1.36	1.69	0.6265	1.3	1.07	1.83
Jensen Alpha	0.2392	0.5833	0.0475	0.1411	0.0415	0.2459	(0.03)	0.4615	0.1818
Total Risk Alpha	(0.13)	(0.08)	(0.11)	0.0459	(0.17)	0.1052	(0.13)	0.1247	(0.31)
Sortino Ratio	0.0743	0.2021	0.0338	0.1481	0.0649	0.1751	0.0337	0.2349	(0.01)
Downside Variance	3.74	6.19	2.11	2.56	4.52	0.4171	3.16	1.9	7.82
Standard Deviation	2.41	4.25	1.7	1.91	2.58	0.812	1.89	1.96	2.48
Kurtosis	0.6689	22.02	7.58	5.45	7.77	0.3236	6.77	24.28	3.72
Potential Upside	4.95	3.65	2.44	3.36	4.02	1.77	3.01	2.33	3.72
Treynor Ratio	1.08	1.71	0.1744	0.2081	0.1513	(5.87)	0.1119	(5.77)	(0.15)
Maximum Drawdown	12.56	34.61	11.52	13.03	16.82	4.19	12.15	16.93	14.36
Variance	5.79	18.08	2.89	3.65	6.66	0.6593	3.57	3.83	6.13
Market Risk Adjusted Performance	1.09	1.72	0.1844	0.2181	0.1613	(5.86)	0.1219	(5.76)	(0.14)
Risk Adjusted Performance	0.0962	0.1233	0.0895	0.156	0.0887	0.2366	0.0858	0.1863	0.0408
Skewness	0.4142	3.94	1.68	1.42	2.02	0.5046	1.57	3.61	(0.48)
Semi Deviation	1.83	1.78	1.17	1.05	1.6	0.224	1.24	0.7954	2.5
Information Ratio	0.0597	0.1182	0.0289	0.1241	0.0534	0.1393	0.0316	0.1655	(0.01)
Value At Risk	(3.15)	(2.75)	(1.76)	(1.94)	(2.98)	(0.88)	(2.50)	(1.27)	(3.56)
Expected Short fall	(2.39)	(3.05)	(1.54)	(1.98)	(2.27)	(0.76)	(1.92)	(1.25)	(1.94)
Downside Deviation	1.93	2.49	1.45	1.6	2.13	0.6458	1.78	1.38	2.8
Semi Variance	3.35	3.18	1.38	1.1	2.57	0.0502	1.54	0.6327	6.24

WESTERN DIGITAL Competition Performance Charts

Five steps to successful analysis of WESTERN DIGITAL Competition

WESTERN DIGITAL's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by WESTERN DIGITAL in relation to its competition. WESTERN DIGITAL's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of WESTERN DIGITAL in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact WESTERN DIGITAL's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to WESTERN DIGITAL, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your WESTERN DIGITAL position

In addition to having WESTERN DIGITAL in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Additional Tools for WESTERN Stock Analysis

When running WESTERN DIGITAL's price analysis, check to measure WESTERN DIGITAL'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 DIGITAL is operating at the current time. Most of WESTERN DIGITAL's value examination focuses on studying past and present price action to predict the probability of WESTERN DIGITAL'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 DIGITAL's price. Additionally, you may evaluate how the addition of WESTERN DIGITAL to your portfolios can decrease your overall portfolio volatility.

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