Workday Stock Price on March 19, 2018

WDAY Stock  USD 273.62  3.76  1.36%   
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 273.62, as last reported on the 28th of March, with the highest price reaching 279.99 and the lowest price hitting 270.47 during the day.
IPO Date
12th of October 2012
200 Day MA
248.9803
50 Day MA
287.0864
Beta
1.327
 
Yuan Drop
 
Covid
If you're considering investing in Workday Stock, it is important to understand the factors that can impact its price. Workday shows Sharpe Ratio of -0.0014, which attests that the company had a -0.0014% return per unit of risk over the last 3 months. Workday exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Workday's Mean Deviation of 1.07, market risk adjusted performance of 0.0189, and Downside Deviation of 1.74 to validate the risk estimate we provide.
  
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 = -0.0014

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Negative ReturnsWDAY

Estimated Market Risk

 1.57
  actual daily
13
87% of assets are more volatile

Expected Return

 0.0
  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 Workday 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 Workday by adding Workday to a well-diversified portfolio.
Price Book
8.9449
Enterprise Value Ebitda
90.1269
Price Sales
9.9583
Shares Float
209.3 M
Wall Street Target Price
317.73

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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 2024
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

Workday March 28, 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.
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.
Note that the Workday information on this page should be used as a complementary analysis to other Workday's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary 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.
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Is Workday's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workday. If investors know Workday will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
5.2
Revenue Per Share
27.776
Quarterly Revenue Growth
0.168
Return On Assets
0.0076
Return On Equity
0.2021
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workday's market value can be influenced by many factors that don't directly affect Workday's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.