Western Digital (Germany) Analysis

Western Stock Analysis Notes

About 89.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.92. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Western Digital recorded a loss per share of 0.28. The entity last dividend was issued on the 2nd of April 2020. Western Digital Corporation develops, manufactures, and sells data storage devices and solutions. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. WESTN DIGITAL operates under Computer Hardware classification in Germany and is traded on Frankfurt Stock Exchange. It employs 63800 people. For more information please call David Goeckeler at 408 717 6000 or visit https://www.westerndigital.com.

Western Digital Investment Alerts

Western Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 11.4 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.

Western Profitablity

The company has Profit Margin (PM) of (0.01) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Technical Drivers

As of the 23rd of November, Western Digital maintains the Downside Deviation of 2.17, mean deviation of 1.78, and Market Risk Adjusted Performance of 0.5279. Relative to fundamental indicators, the technical analysis model lets you check existing 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 fairly, providing market reflects its latest price of 63.79 per share.

Western Digital Price Movement Analysis

Western Digital Outstanding Bonds

Western Digital Predictive Daily Indicators

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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Western Digital prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Western shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Western Digital. By using and applying Western Stock analysis, traders can create a robust methodology for identifying Western entry and exit points for their positions.

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.