WESTERN DIGITAL (Germany) Analysis
| WDC Stock | EUR 69.58 0.52 0.75% |
WESTERN DIGITAL is overvalued with Real Value of 55.82 and Hype Value of 69.58. The main objective of WESTERN DIGITAL stock analysis is to determine its intrinsic value, which is an estimate of what WESTERN DIGITAL is worth, separate from its market price. There are two main types of WESTERN DIGITAL's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect WESTERN DIGITAL's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of WESTERN DIGITAL's stock to identify patterns and trends that may indicate its future price movements.
The WESTERN DIGITAL stock is traded in Germany on Berlin Exchange, with the market opening at 08:00:00 and closing at 20:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and WESTERN DIGITAL's ongoing operational relationships across important fundamental and technical indicators.
WESTERN |
WESTERN Stock Analysis Notes
The company has Price to Book (P/B) ratio of 0.94. 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 26th of December 1970.WESTERN Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 15.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WESTERN DIGITAL's market, we take the total number of its shares issued and multiply it by WESTERN DIGITAL's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 3rd of December, WESTERN DIGITAL maintains the Downside Deviation of 1.94, market risk adjusted performance of 8.95, and Mean Deviation of 1.78. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of WESTERN DIGITAL, as well as the relationship between them. Please check out WESTERN DIGITAL treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if WESTERN DIGITAL is priced favorably, providing market reflects its latest price of 69.58 per share.WESTERN DIGITAL Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. WESTERN DIGITAL middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for WESTERN DIGITAL. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
WESTERN DIGITAL Predictive Daily Indicators
WESTERN DIGITAL intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of WESTERN DIGITAL stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
WESTERN DIGITAL Forecast Models
WESTERN DIGITAL's time-series forecasting models are one of many WESTERN DIGITAL's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary WESTERN DIGITAL's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding WESTERN DIGITAL to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Diagnostics Now
Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings |
| All Next | Launch Module |
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.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |