Workday (Germany) Buy Hold or Sell Recommendation

W7D Stock  EUR 261.95  3.85  1.49%   
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Workday is 'Strong Buy'. Macroaxis provides Workday buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Workday positions.
  
Check out Workday Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more detail on how to invest in Workday Stock please use our How to Invest in Workday guide.
Note, we conduct extensive research on individual companies such as Workday and provide practical buy, sell, or hold advice based on investors' constraints. Workday. 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.

Execute Workday Buy or Sell Advice

The Workday recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Workday. Macroaxis does not own or have any residual interests in Workday or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Workday's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell WorkdayBuy Workday
Strong Buy

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Workday has a Risk Adjusted Performance of 0.1068, Jensen Alpha of 0.2494, Total Risk Alpha of 0.2076, Sortino Ratio of 0.126 and Treynor Ratio of 0.3003
Macroaxis provides trade recommendation on Workday to complement and cross-verify current analyst consensus on Workday. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Workday is not overpriced, please check out all Workday fundamentals, including its ebitda, cash and equivalents, and the relationship between the gross profit and net income .

Workday Trading Alerts and Improvement Suggestions

The company reported the revenue of 6.22 B. Net Loss for the year was (366.75 M) with profit before overhead, payroll, taxes, and interest of 4.5 B.
Over 92.0% of the company outstanding shares are owned by institutional investors

Workday Returns Distribution Density

The distribution of Workday's historical returns is an attempt to chart the uncertainty of Workday's future price movements. The chart of the probability distribution of Workday daily returns describes the distribution of returns around its average expected value. We use Workday price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Workday returns is essential to provide solid investment advice for Workday.
Mean Return
0.28
Value At Risk
-2.78
Potential Upside
4.20
Standard Deviation
2.20
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Workday historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Workday Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Workday or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Workday's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Workday stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.25
β
Beta against Dow Jones0.90
σ
Overall volatility
2.20
Ir
Information ratio 0.11

Workday Volatility Alert

Workday has relatively low volatility with skewness of 0.18 and kurtosis of 1.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Workday's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Workday's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Workday Fundamentals Vs Peers

Comparing Workday's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Workday's direct or indirect competition across all of the common fundamentals between Workday and the related equities. This way, we can detect undervalued stocks with similar characteristics as Workday or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Workday's fundamental indicators could also be used in its relative valuation, which is a method of valuing Workday by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Workday to competition
FundamentalsWorkdayPeer Average
Return On Equity-0.0725-0.31
Return On Asset-0.0116-0.14
Profit Margin(0.06) %(1.27) %
Operating Margin(0.04) %(5.51) %
Current Valuation41.6 B16.62 B
Shares Outstanding202 M571.82 M
Shares Owned By Insiders1.16 %10.09 %
Shares Owned By Institutions92.32 %39.21 %
Price To Book8.46 X9.51 X
Price To Sales7.30 X11.42 X
Revenue6.22 B9.43 B
Gross Profit4.5 B27.38 B
EBITDA206.76 M3.9 B
Net Income(366.75 M)570.98 M
Cash And Equivalents3.31 B2.7 B
Cash Per Share13.34 X5.01 X
Total Debt2.98 B5.32 B
Debt To Equity0.56 %48.70 %
Current Ratio1.04 X2.16 X
Book Value Per Share21,707 X1.93 K
Cash Flow From Operations1.66 B971.22 M
Earnings Per Share(1.18) X3.12 X
Price To Earnings To Growth1.68 X4.89 X
Target Price306.1
Number Of Employees3318.84 K
Beta1.24-0.15
Market Capitalization45.12 B19.03 B
Total Asset13.49 B29.47 B
Z Score9.08.72
Net Asset13.49 B

Workday Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Workday . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Workday Buy or Sell Advice

When is the right time to buy or sell Workday? Buying financial instruments such as Workday Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Workday in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Cash Cows Thematic Idea Now

Cash Cows
Cash Cows Theme
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cash Cows Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Workday Stock

When determining whether Workday offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Workday'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 Workday Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Workday Stock:
Check out Workday Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more detail on how to invest in Workday Stock please use our How to Invest in Workday guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday'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.