Workday Stock Price on March 7, 2024

WDAY Stock  USD 269.38  0.34  0.13%   
Below is the normalized historical share price chart for Workday extending back to October 12, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Workday stands at 269.38, as last reported on the 26th of December, with the highest price reaching 270.14 and the lowest price hitting 265.50 during the day.
IPO Date
12th of October 2012
200 Day MA
245.6701
50 Day MA
257.7766
Beta
1.352
 
Yuan Drop
 
Covid
If you're considering investing in Workday Stock, it is important to understand the factors that can impact its price. At this stage we consider Workday Stock to be very steady. Workday shows Sharpe Ratio of 0.0831, which attests that the company had a 0.0831% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Workday, which you can use to evaluate the volatility of the company. Please check out Workday's Market Risk Adjusted Performance of 0.1575, mean deviation of 1.57, and Downside Deviation of 2.19 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
  
At this time, Workday's Other Stockholder Equity is fairly stable compared to the past year. Total Stockholder Equity is likely to rise to about 8.5 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 231.6 M in 2024. . At this time, Workday's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to rise to 171.08 in 2024, whereas Price Earnings Ratio is likely to drop (207.11) in 2024. Workday Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0831

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Workday is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Workday by adding it to a well-diversified portfolio.
Price Book
8.2983
Enterprise Value Ebitda
62.9254
Price Sales
9.1014
Shares Float
210.1 M
Wall Street Target Price
292.2986

Related Headline

PAR Technology Headline on 7th of March 2024

Filed transaction by PAR Technology Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Workday Valuation on March 7, 2024

It is possible to determine the worth of Workday on a given historical date. On March 7, 2024 Workday was worth 266.8 at the beginning of the trading date compared to the closed value of 264.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Workday stock. Still, in general, we apply an absolute valuation method to find Workday's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Workday where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Workday's related companies.
 Open High Low Close Volume
  268.30    270.95    263.58    266.93    2,772,100  
03/07/2024
  266.80    269.39    264.50    264.74    2,671,900  
  264.32    269.19    263.69    264.32    2,448,000  
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Open Value
266.8
260.54
Downside
264.74
Closing Value
273.06
Upside

Workday Trading Date Momentum on March 7, 2024

On March 08 2024 Workday was traded for  264.32  at the closing time. The top price for the day was 269.19  and the lowest listed price was  263.69 . The trading volume for the day was 2.4 M. The trading history from March 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.16% . The trading price change against the current closing price is 2.23% .

Workday Fundamentals Correlations and Trends

By evaluating Workday's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Workday's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Workday financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Workday Stock history

Workday investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Workday is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Workday will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Workday stock prices may prove useful in developing a viable investing in Workday
Last ReportedProjected for Next Year
Common Stock Shares Outstanding265.3 M231.6 M
Net Loss-330.1 M-346.6 M

Workday Stock Technical Analysis

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.
A focus of Workday technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Workday trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Workday Period Price Range

Low
December 26, 2024
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High

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Workday December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Workday stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Workday shares will generate the highest return on investment. By undertsting and applying Workday stock market strength indicators, traders can identify Workday entry and exit signals to maximize returns

Workday Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Workday's price direction in advance. Along with the technical and fundamental analysis of Workday Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Workday to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional 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.