WESTERN DIGITAL (Germany) Performance
| WDC Stock | 67.89 0.29 0.43% |
On a scale of 0 to 100, WESTERN DIGITAL holds a performance score of 7. The firm maintains a market beta of 0.14, 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 value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether WESTERN DIGITAL's historical returns will revert.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in WESTERN DIGITAL are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile basic indicators, WESTERN DIGITAL unveiled 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 5,926 in WESTERN DIGITAL on August 31, 2024 and sell it today you would earn a total of 863.00 from holding WESTERN DIGITAL or generate 14.56% return on investment over 90 days. WESTERN DIGITAL is generating 0.2361% of daily returns and assumes 2.3496% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than WESTERN, and 96% 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 = 0.1005
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WDC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average WESTERN DIGITAL is performing at about 7% 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 | 0.92 X | |||
| Price To Sales | 0.64 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
Assessing WESTERN DIGITAL's fundamental ratios provides investors with valuable insights into WESTERN DIGITAL's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the WESTERN DIGITAL is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.
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.