WESTERN DIGITAL (Germany) Buy Hold or Sell Recommendation
| WDC Stock | 58.38 0.58 0.98% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding WESTERN DIGITAL is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell WESTERN DIGITAL given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for WESTERN DIGITAL, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out WESTERN DIGITAL 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 information on how to buy WESTERN Stock please use our How to Invest in WESTERN DIGITAL guide. Note, we conduct extensive research on individual companies such as WESTERN and provide practical buy, sell, or hold advice based on investors' constraints. 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 state.
WESTERN |
Execute WESTERN DIGITAL Buy or Sell Advice
The WESTERN recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on WESTERN DIGITAL. Macroaxis does not own or have any residual interests in WESTERN DIGITAL or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute WESTERN DIGITAL's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
WESTERN DIGITAL Trading Alerts and Improvement Suggestions
| WESTERN DIGITAL generated a negative expected return over the last 90 days |
WESTERN DIGITAL Returns Distribution Density
The distribution of WESTERN DIGITAL's historical returns is an attempt to chart the uncertainty of WESTERN DIGITAL's future price movements. The chart of the probability distribution of WESTERN DIGITAL daily returns describes the distribution of returns around its average expected value. We use WESTERN DIGITAL price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of WESTERN DIGITAL returns is essential to provide solid investment advice for WESTERN DIGITAL.
| Mean Return | 0.01 | Value At Risk | -3.08 | Potential Upside | 5.69 | Standard Deviation | 2.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of WESTERN DIGITAL 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.
WESTERN DIGITAL 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 WESTERN DIGITAL or Other 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 WESTERN DIGITAL'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 WESTERN 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 | -0.0035 | |
β | Beta against Dow Jones | -0.0027 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | -0.01 |
WESTERN DIGITAL Volatility Alert
WESTERN DIGITAL currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure WESTERN DIGITAL'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 WESTERN DIGITAL'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.WESTERN DIGITAL Fundamentals Vs Peers
Comparing WESTERN DIGITAL'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 WESTERN DIGITAL's direct or indirect competition across all of the common fundamentals between WESTERN DIGITAL and the related equities. This way, we can detect undervalued stocks with similar characteristics as WESTERN DIGITAL or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of WESTERN DIGITAL's fundamental indicators could also be used in its relative valuation, which is a method of valuing WESTERN DIGITAL by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare WESTERN DIGITAL to competition |
| Fundamentals | WESTERN DIGITAL | Peer Average |
| Current Valuation | 15.5 B | 16.62 B |
| Price To Book | 0.92 X | 9.51 X |
| Price To Sales | 0.64 X | 11.42 X |
| Revenue | 18.79 B | 9.43 B |
| EBITDA | 3.36 B | 3.9 B |
| Net Income | 1.5 B | 570.98 M |
| Total Debt | 7.02 B | 5.32 B |
| Cash Flow From Operations | 1.88 B | 971.22 M |
| Price To Earnings To Growth | 481.28 X | 4.89 X |
| Market Capitalization | 15.97 B | 19.03 B |
| Total Asset | 26.26 B | 29.47 B |
| Z Score | 1.2 | 8.72 |
| Annual Yield | 0.03 % | |
| Net Asset | 26.26 B |
WESTERN DIGITAL Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as WESTERN . 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 WESTERN DIGITAL Buy or Sell Advice
When is the right time to buy or sell WESTERN DIGITAL? Buying financial instruments such as WESTERN 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 WESTERN DIGITAL 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
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Additional 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.