Western Digital Stock Price Prediction

Intrinsic Valuation Low Real High 54.58 56.77 72.47 Details

Naive Forecast Low Next High 60.15 62.34 64.52 Details

26 Analysts Consensus Low Target High 43.53 47.84 53.10 Details

Earnings Estimates (0) Low Projected EPS High 1.82 1.91 2.03 Details

Western Digital After-Hype Price Prediction Density Analysis

Western Digital Estimiated After-Hype Price Volatility

Western Digital Stock Price Prediction Analysis

Expected Return	Period Volatility	Hype Elasticity	Related Elasticity	News Density	Related Density	Expected Hype
0.10	2.18	0.27	0.07	10 Events / Month	8 Events / Month	In about 10 days

Latest traded price	Expected after-news price	Potential return on next major news	Average after-hype volatility
65.88	65.72	0.24	81.04   Notes

Western Digital Hype Timeline

On the 22nd of November Western Digital is traded for 65.88. The entity has historical hype elasticity of -0.27, and average elasticity to hype of competition of -0.07. Western is forecasted to decline in value after the next headline, with the price expected to drop to 65.72. The average volatility of media hype impact on the company price is about 81.04%. The price depreciation on the next news is expected to be -0.24%, whereas the daily expected return is at this time at 0.1%. The volatility of related hype on Western Digital is about 319.73%, with the expected price after the next announcement by competition of 65.81. About 97.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.9. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Western Digital last dividend was issued on the 2nd of April 2020. The entity had 2:1 split on the 4th of June 1997. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out Western Digital Basic Forecasting Models to cross-verify your projections. For information on how to trade Western Stock refer to our How to Trade Western Stock guide.

Western Digital Related Hype Analysis

Western Digital Additional Predictive Modules

Most predictive techniques to examine Western price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Western using various technical indicators. When you analyze Western charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The successful prediction of Western Digital stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Western Digital, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Western Digital based on analysis of Western Digital hews, social hype, general headline patterns, and widely used predictive technical indicators.

The number of cover stories for Western Digital depends on current market conditions and Western Digital's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Western Digital is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Western Digital's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Western Digital's future price predictability will typically decrease when Western Digital's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Western Digital often depends not only on the future outlook of the potential Western Digital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Western Digital's indicators that are reflective of the short sentiment are summarized in the table below.

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.