Western Digital (Mexico) Performance
| WDC Stock | MXN 1,340 80.00 6.35% |
Western Digital has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of -0.0093, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Western Digital are expected to decrease at a much lower rate. During the bear market, Western Digital is likely to outperform the market. Western Digital right now maintains a risk of 2.18%. Please check out Western Digital semi variance, daily balance of power, and the relationship between the potential upside and skewness , to decide if Western Digital will be following its historical returns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Western Digital are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak fundamental indicators, Western Digital may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 3.4 B | |
| Total Cashflows From Investing Activities | -1.2 B |
Western |
Western Digital Relative Risk vs. Return Landscape
If you would invest 127,100 in Western Digital on August 27, 2024 and sell it today you would earn a total of 6,900 from holding Western Digital or generate 5.43% return on investment over 90 days. Western Digital is generating 0.1097% of daily returns assuming 2.1761% 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 98% 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 = 0.0504
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| Cash | Small Risk | WDC | High Risk | Huge Risk |
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Western Digital is performing at about 3% 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.
| Return On Equity | -0.0077 | |||
| Return On Asset | 0.0213 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 321.28 B | |||
| Shares Outstanding | 319.33 M | |||
| Price To Book | 1.04 X | |||
| Price To Sales | 14.12 X | |||
| Revenue | 18.79 B | |||
| EBITDA | 3.32 B | |||
| Cash And Equivalents | 3.7 B | |||
| Cash Per Share | 12.62 X | |||
| Total Debt | 7.02 B | |||
| Debt To Equity | 103.60 % | |||
| Book Value Per Share | 37.98 X | |||
| Cash Flow From Operations | 1.88 B | |||
| Earnings Per Share | 54.74 X | |||
| Total Asset | 26.26 B | |||
About Western Digital Performance
Evaluating Western Digital's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions worldwide. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. WESTERN DIGITAL operates under Data Storage classification in Mexico and is traded on Mexico Stock Exchange. It employs 71600 people.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.| Western Digital has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 87.0% of the company outstanding shares are owned by institutional investors |
- 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.
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.