Western Digital 475 Performance
| 958102AM7 | 92.17 6.71 6.79% |
The entity maintains a market beta of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Western are expected to decrease at a much lower rate. During the bear market, Western is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Western Digital 475 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Western is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Yield To Maturity | 6.913 |
Western |
Western Relative Risk vs. Return Landscape
If you would invest 9,933 in Western Digital 475 on September 24, 2024 and sell it today you would lose (20.00) from holding Western Digital 475 or give up 0.2% of portfolio value over 90 days. Western Digital 475 is generating 0.0056% of daily returns and assumes 1.3385% volatility on return distribution over the 90 days horizon. Simply put, 11% of bonds are less volatile than Western, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Western Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as Western Digital 475, and traders can use it to determine the average amount a Western's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0042
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| Negative Returns | 958102AM7 |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Western is not performing at its full potential. However, 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 Western by adding Western to a well-diversified portfolio.
About Western Performance
By analyzing Western's fundamental ratios, stakeholders can gain valuable insights into Western's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Western has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Western has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.