WESTERN DIGITAL Financials
| WDC Stock | EUR 69.06 1.28 1.89% |
WESTERN |
Understanding current and past WESTERN DIGITAL Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of WESTERN DIGITAL's financial statements are interrelated, with each one affecting the others. For example, an increase in WESTERN DIGITAL's assets may result in an increase in income on the income statement.
Please note, the presentation of WESTERN DIGITAL's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, WESTERN DIGITAL's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of WESTERN DIGITAL's management manipulating its earnings.
You should never invest in WESTERN DIGITAL without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of WESTERN Stock, because this is throwing your money away. Analyzing the key information contained in WESTERN DIGITAL's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
WESTERN DIGITAL Key Financial Ratios
There are many critical financial ratios that WESTERN DIGITAL's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that WESTERN DIGITAL reports annually and quarterly.WESTERN Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WESTERN DIGITAL's current stock value. Our valuation model uses many indicators to compare WESTERN DIGITAL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WESTERN DIGITAL competition to find correlations between indicators driving WESTERN DIGITAL's intrinsic value. More Info.WESTERN DIGITAL is rated fourth in current valuation category among its peers. It is rated fourth in price to book category among its peers . The ratio of Current Valuation to Price To Book for WESTERN DIGITAL is about 16,494,831,730 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WESTERN DIGITAL's earnings, one of the primary drivers of an investment's value.WESTERN DIGITAL Systematic Risk
WESTERN DIGITAL's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WESTERN DIGITAL volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on WESTERN DIGITAL correlated with the market. If Beta is less than 0 WESTERN DIGITAL generally moves in the opposite direction as compared to the market. If WESTERN DIGITAL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WESTERN DIGITAL is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WESTERN DIGITAL is generally in the same direction as the market. If Beta > 1 WESTERN DIGITAL moves generally in the same direction as, but more than the movement of the benchmark.
WESTERN DIGITAL December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WESTERN DIGITAL help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WESTERN DIGITAL. We use our internally-developed statistical techniques to arrive at the intrinsic value of WESTERN DIGITAL based on widely used predictive technical indicators. In general, we focus on analyzing WESTERN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WESTERN DIGITAL's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.0575 | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 4.94 |
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.
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