WESTERN DIGITAL Number Of Employees vs. Total Asset
| WDC Stock | EUR 56.92 2.51 4.22% |
For WESTERN DIGITAL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WESTERN DIGITAL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WESTERN DIGITAL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WESTERN DIGITAL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WESTERN DIGITAL over time as well as its relative position and ranking within its peers.
WESTERN |
WESTERN DIGITAL Total Asset vs. Number Of Employees Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WESTERN DIGITAL's current stock value. Our valuation model uses many indicators to compare WESTERN DIGITAL value to that of its competitors to determine the firm's financial worth. WESTERN DIGITAL is rated third in number of employees category among its peers. It is rated below average in total asset category among its peers fabricating about 1,050,360,000 of Total Asset per Number Of Employees. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WESTERN DIGITAL's earnings, one of the primary drivers of an investment's value.WESTERN Number Of Employees vs. Competition
WESTERN DIGITAL is rated third in number of employees category among its peers. The total workforce of Other industry is at this time estimated at about 83.0. WESTERN DIGITAL totals roughly 25.0 in number of employees claiming about 30% of all equities under Other industry.
WESTERN Total Asset vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
WESTERN DIGITAL |
| = | 25 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
WESTERN DIGITAL |
| = | 26.26 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
WESTERN Total Asset Comparison
WESTERN DIGITAL is currently under evaluation in total asset category among its peers.
WESTERN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WESTERN DIGITAL. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of WESTERN DIGITAL position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the WESTERN DIGITAL's important profitability drivers and their relationship over time.
Use WESTERN DIGITAL in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WESTERN DIGITAL position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WESTERN DIGITAL will appreciate offsetting losses from the drop in the long position's value.WESTERN DIGITAL Pair Trading
WESTERN DIGITAL Pair Trading Analysis
The ability to find closely correlated positions to WESTERN DIGITAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WESTERN DIGITAL when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WESTERN DIGITAL - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WESTERN DIGITAL to buy it.
The correlation of WESTERN DIGITAL is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WESTERN DIGITAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WESTERN DIGITAL moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WESTERN DIGITAL can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your WESTERN DIGITAL position
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 Warren Buffett Holdings Thematic Idea Now
Warren Buffett Holdings
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
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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.