Workday (Germany) Technical Analysis
| W7D Stock | EUR 253.45 7.50 2.87% |
As of the 27th of December, Workday maintains the Downside Deviation of 2.01, mean deviation of 1.68, and Market Risk Adjusted Performance of 2.91. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Workday, as well as the relationship between them. Please check out Workday treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Workday is priced fairly, providing market reflects its latest price of 253.45 per share.
Workday Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Workday, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WorkdayWorkday |
Workday technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Workday Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Workday volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Workday Trend Analysis
Use this graph to draw trend lines for Workday. You can use it to identify possible trend reversals for Workday as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Workday price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Workday Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Workday applied against its price change over selected period. The best fit line has a slop of 0.86 , which means Workday will continue generating value for investors. It has 122 observation points and a regression sum of squares at 28028.29, which is the sum of squared deviations for the predicted Workday price change compared to its average price change.About Workday Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Workday on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Workday based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Workday price pattern first instead of the macroeconomic environment surrounding Workday. By analyzing Workday's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Workday's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Workday specific price patterns or momentum indicators. Please read more on our technical analysis page.
Workday December 27, 2024 Technical Indicators
Most technical analysis of Workday 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 Workday from various momentum indicators to cycle indicators. When you analyze Workday charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0852 | |||
| Market Risk Adjusted Performance | 2.91 | |||
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.89 | |||
| Downside Deviation | 2.01 | |||
| Coefficient Of Variation | 1008.91 | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.04 | |||
| Information Ratio | 0.0754 | |||
| Jensen Alpha | 0.2094 | |||
| Total Risk Alpha | 0.0902 | |||
| Sortino Ratio | 0.0841 | |||
| Treynor Ratio | 2.9 | |||
| Maximum Drawdown | 12.86 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 4.2 | |||
| Downside Variance | 4.05 | |||
| Semi Variance | 3.59 | |||
| Expected Short fall | (1.95) | |||
| Skewness | 0.1886 | |||
| Kurtosis | 1.57 |
Complementary Tools for Workday Stock analysis
When running Workday's price analysis, check to measure Workday'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 Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
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