Workday Stock Price on November 1, 2023

WDAY Stock  USD 267.75  0.32  0.12%   
Below is the normalized historical share price chart for Workday extending back to October 12, 2012. 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 Workday stands at 267.75, as last reported on the 25th of November, with the highest price reaching 271.48 and the lowest price hitting 266.06 during the day.
IPO Date
12th of October 2012
200 Day MA
248.1283
50 Day MA
247.7098
Beta
1.352
 
Yuan Drop
 
Covid
If you're considering investing in Workday Stock, it is important to understand the factors that can impact its price. At this stage we consider Workday Stock to be very steady. Workday shows Sharpe Ratio of 0.0193, which attests that the company had a 0.0193% return per unit of risk over the last 3 months. We have found thirty technical indicators for Workday, which you can use to evaluate the volatility of the company. Please check out Workday's Market Risk Adjusted Performance of 0.224, downside deviation of 1.53, and Mean Deviation of 1.36 to validate if the risk estimate we provide is consistent with the expected return of 0.0298%.
  
At this time, Workday's Other Stockholder Equity is fairly stable compared to the past year. Total Stockholder Equity is likely to rise to about 8.5 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 231.6 M in 2024. . At this time, Workday's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to rise to 171.08 in 2024, whereas Price Earnings Ratio is likely to drop (207.11) in 2024. Workday Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0193

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Negative ReturnsWDAY

Estimated Market Risk

 1.55
  actual daily
13
87% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Workday is performing at about 1% of its full potential. 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 Workday by adding it to a well-diversified portfolio.
Price Book
8.5025
Enterprise Value Ebitda
69.301
Price Sales
9.0238
Shares Float
210.1 M
Wall Street Target Price
291.9964

Workday Valuation on November 1, 2023

It is possible to determine the worth of Workday on a given historical date. On November 1, 2023 Workday was worth 209.46 at the beginning of the trading date compared to the closed value of 211.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Workday stock. Still, in general, we apply an absolute valuation method to find Workday'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 Workday where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Workday's related companies.
 Open High Low Close Volume
  207.55    213.23    206.79    211.71    1,390,000  
11/01/2023
  209.46    211.98    206.99    211.46    1,660,000  
  215.62    216.21    211.65    212.92    1,300,000  
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Open Value
209.46
204.82
Downside
211.46
Closing Value
214.10
Upside

Workday Trading Date Momentum on November 1, 2023

On November 02 2023 Workday was traded for  212.92  at the closing time. The top price for the day was 216.21  and the lowest listed price was  211.65 . The trading volume for the day was 1.3 M. The trading history from November 2, 2023 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.69% . The trading price change against the current closing price is 6.46% .

Workday Fundamentals Correlations and Trends

By evaluating Workday'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 Workday's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Workday financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Workday Stock history

Workday 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 Workday is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Workday 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 Workday stock prices may prove useful in developing a viable investing in Workday
Last ReportedProjected for Next Year
Common Stock Shares Outstanding265.3 M231.6 M
Net Loss-330.1 M-346.6 M

Workday Stock Technical Analysis

Workday 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.
A focus of Workday technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Workday trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Workday Period Price Range

Low
November 25, 2024
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High

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Workday cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Workday November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Workday stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Workday shares will generate the highest return on investment. By undertsting and applying Workday stock market strength indicators, traders can identify Workday entry and exit signals to maximize returns

Workday Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Workday's price direction in advance. Along with the technical and fundamental analysis of Workday Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Workday 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.

Additional Tools for Workday Stock Analysis

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