WESTERN DIGITAL is trading at 69.06 as of the 2nd of December 2024, a 1.89 percent up since the beginning of the trading day. The stock's lowest day price was 67.67. WESTERN DIGITAL has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for WESTERN DIGITAL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WESTERN DIGITAL's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WESTERN DIGITAL or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
WESTERN DIGITAL (WDC) is traded on Berlin Exchange in Germany and employs 24 people. 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. WESTERN DIGITAL operates under Other sector and is part of Other industry.
WESTERN DIGITAL generates positive cash flow from operations, but has no cash available
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WESTERN DIGITAL Risk Profiles
Although WESTERN DIGITAL's alpha and beta are two of the key measurements used to evaluate WESTERN DIGITAL's performance over the market, the standard measures of volatility play an important role as well.
Our tools can tell you how much better you can do entering a position in WESTERN DIGITAL without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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Additional Information and Resources on Investing in WESTERN Stock
When determining whether WESTERN DIGITAL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WESTERN DIGITAL's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESTERN DIGITAL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade WESTERN Stock refer to our How to Trade WESTERN Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Please note, there is a significant difference between WESTERN DIGITAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if WESTERN DIGITAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WESTERN DIGITAL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.