WESTERN DIGITAL (Germany) Performance
| WDC Stock | EUR 69.06 1.28 1.89% |
On a scale of 0 to 100, WESTERN DIGITAL holds a performance score of 11. The firm maintains a market beta of 0.0483, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WESTERN DIGITAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding WESTERN DIGITAL is expected to be smaller as well. Please check WESTERN DIGITAL's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether WESTERN DIGITAL's historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in WESTERN DIGITAL are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile fundamental indicators, WESTERN DIGITAL exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.4 B | |
| Free Cash Flow | 758 M |
WESTERN |
WESTERN DIGITAL Relative Risk vs. Return Landscape
If you would invest 5,667 in WESTERN DIGITAL on September 3, 2024 and sell it today you would earn a total of 1,239 from holding WESTERN DIGITAL or generate 21.86% return on investment over 90 days. WESTERN DIGITAL is generating 0.3279% of daily returns assuming 2.1873% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than WESTERN DIGITAL, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WESTERN DIGITAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WESTERN DIGITAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as WESTERN DIGITAL, and traders can use it to determine the average amount a WESTERN DIGITAL's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1499
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Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average WESTERN DIGITAL is performing at about 11% 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 WESTERN DIGITAL by adding it to a well-diversified portfolio.
WESTERN DIGITAL Fundamentals Growth
WESTERN Stock prices reflect investors' perceptions of the future prospects and financial health of WESTERN DIGITAL, and WESTERN DIGITAL fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WESTERN Stock performance.
| Current Valuation | 15.5 B | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 0.65 X | |||
| Revenue | 18.79 B | |||
| EBITDA | 3.36 B | |||
| Total Debt | 7.02 B | |||
| Cash Flow From Operations | 1.88 B | |||
| Total Asset | 26.26 B | |||
About WESTERN DIGITAL Performance
By analyzing WESTERN DIGITAL's fundamental ratios, stakeholders can gain valuable insights into WESTERN DIGITAL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WESTERN DIGITAL has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if WESTERN DIGITAL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about WESTERN DIGITAL performance evaluation
Checking the ongoing alerts about WESTERN DIGITAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for WESTERN DIGITAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating WESTERN DIGITAL's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate WESTERN DIGITAL's stock performance include:- Analyzing WESTERN DIGITAL's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether WESTERN DIGITAL's stock is overvalued or undervalued compared to its peers.
- Examining WESTERN DIGITAL's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating WESTERN DIGITAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of WESTERN DIGITAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of WESTERN DIGITAL's stock. These opinions can provide insight into WESTERN DIGITAL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary 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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