Workday Performance

Workday Inc -- USA Stock  

USD 106.77  0.41  0.38%

Workday has performance score of 3 on a scale of 0 to 100. The firm maintains market beta of 1.5416 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Workday will likely underperform.. Although it is extremely important to respect Workday Inc historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining Workday Inc technical indicators you can presently evaluate if the expected return of 0.084% will be sustainable into the future. Workday Inc right now maintains a risk of 1.5387%. Please check out Workday Inc Jensen Alpha and Semi Variance to decide if Workday Inc will be following its historical returns.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  10,500  in Workday Inc on September 20, 2017 and sell it today you would earn a total of  177  from holding Workday Inc or generate 1.69% return on investment over 30 days. Workday Inc is currenly generating 0.084% of daily expected returns and assumes 1.5387% risk (volatility on return distribution) over the 30 days horizon. In different words, 14% of equities are less volatile than Workday Inc and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Workday Inc is expected to generate 1.46 times less return on investment than the market. In addition to that, the company is 6.53 times more volatile than its market benchmark. It trades about 0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.52 per unit of volatility.

Workday Daily Price Distribution

The median price of Workday for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 106.77 with a coefficient of variation of 2.89. The daily time series for the period is distributed with a sample standard deviation of 3.05, arithmetic mean of 105.61, and mean deviation of 2.53. The Stock received some media coverage during the period.
3 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Workday Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Workday Sharpe Ratio = 0.0546
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Estimated Market Risk

 1.54
  actual daily
 
 86 %
of total potential
  

Expected Return

 0.08
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 0.05
  actual daily
 
 3 %
of total potential
  
Based on monthly moving average Workday is performing at about 3% 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.