WESTERN DIGITAL Stock Forecast - Market Facilitation Index
| WDC Stock | 65.03 2.07 3.08% |
WESTERN Stock Forecast is based on your current time horizon.
WESTERN |
| Check WESTERN DIGITAL Volatility | Backtest WESTERN DIGITAL | Trend Details |
WESTERN DIGITAL Trading Date Momentum
| On December 02 2024 WESTERN DIGITAL was traded for 69.42 at the closing time. The highest price during the trading period was 70.42 and the lowest recorded bid was listed for 69.25 . The volume for the day was 8.0. This history from December 2, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 2.74% . The trading price change to the current price is 0.83% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare WESTERN DIGITAL to competition |
Other Forecasting Options for WESTERN DIGITAL
For every potential investor in WESTERN, whether a beginner or expert, WESTERN DIGITAL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WESTERN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WESTERN. Basic forecasting techniques help filter out the noise by identifying WESTERN DIGITAL's price trends.WESTERN DIGITAL 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 WESTERN DIGITAL stock to make a market-neutral strategy. Peer analysis of WESTERN DIGITAL could also be used in its relative valuation, which is a method of valuing WESTERN DIGITAL by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
WESTERN DIGITAL 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 WESTERN DIGITAL'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 WESTERN DIGITAL's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
WESTERN DIGITAL Market Strength Events
Market strength indicators help investors to evaluate how WESTERN DIGITAL 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 DIGITAL shares will generate the highest return on investment. By undertsting and applying WESTERN DIGITAL stock market strength indicators, traders can identify WESTERN DIGITAL entry and exit signals to maximize returns.
WESTERN DIGITAL Risk Indicators
The analysis of WESTERN DIGITAL'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 WESTERN DIGITAL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting western 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 | 1.69 | |||
| Semi Deviation | 1.53 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.28 | |||
| Downside Variance | 2.97 | |||
| Semi Variance | 2.34 | |||
| Expected Short fall | (1.94) |
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.
Thematic Opportunities
Explore Investment Opportunities
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.