WESTERN DIGITAL (Germany) Statistic Functions Linear Regression Slope

WDC Stock  EUR 69.06  1.28  1.89%   
WESTERN DIGITAL statistic functions tool provides the execution environment for running the Linear Regression Slope function and other technical functions against WESTERN DIGITAL. WESTERN DIGITAL value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Slope function function is designed to identify and follow existing trends. WESTERN DIGITAL statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Linear Regression Slope is the rate of change in WESTERN DIGITAL price series over its benchmark or peer price series.

WESTERN DIGITAL Technical Analysis Modules

Most technical analysis of WESTERN DIGITAL help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WESTERN from various momentum indicators to cycle 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.

About WESTERN DIGITAL Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical 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, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of WESTERN DIGITAL's intrinsic value. In addition to deriving basic predictive indicators for WESTERN DIGITAL, we also check how macroeconomic factors affect WESTERN DIGITAL price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
66.8769.0671.25
Details
Intrinsic
Valuation
LowRealHigh
51.6853.8775.97
Details
Naive
Forecast
LowNextHigh
71.4173.6075.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
57.3963.0768.75
Details

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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.