Workday Probability of Target Price Finishing Above 110.23

WDAY -- USA Stock  

USD 131.13  3.04  2.37%

Workday probability of target price tool provides mechanism to make assumptions about upside and downside potential of Workday performance during a given time horizon utilizing its historical volatility. Please specify Workday time horizon, a valid symbol (red box) and a target price (blue box) you would like Workday odds to be computed. See also Workday Backtesting, Workday Valuation, Workday Correlation, Workday Hype Analysis, Workday Volatility, Workday History as well as Workday Performance.
 Time Horizon     30 Days    Login   to change
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Workday Target Price Odds to finish below 110.23

Current PriceHorizonTarget PriceOdds to drop to $ 110.23  or more in 30 days
 131.13 30 days 110.23  NEAR 1%
Based on normal probability distribution, the odds of Workday to drop to $ 110.23  or more in 30 days from now is near 1% (This Workday probability density function shows the probability of Workday Stock to fall within a particular range of prices over 30 days) . Probability of Workday price to stay between $ 110.23  and its current price of $131.13 at the end of the 30-day period is about 76.84%.
Given the investment horizon of 30 days, Workday has beta of 0.0 . This means unless we do not have required data, the returns on DOW and Workday are completely uncorrelated. Additionally WorkdayIt does not look like Workday alpha can have any bearing on the equity current valuation.
 Workday Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=3.02
Ir
Information ratio =0.03

Workday Alerts

Workday Alerts and Suggestions
Workday has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported previous year revenue of 2.28 B. Net Loss for the year was (331.59 M) with profit before overhead, payroll, taxes, and interest of 1.51 B.
Over 103.0% of the company outstanding shares are owned by institutional investors
Latest headline from MacroaxisInsider: Bona fide gift to Battle A George of 20000 shares of Workday subject to Section 16

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See also Workday Backtesting, Workday Valuation, Workday Correlation, Workday Hype Analysis, Workday Volatility, Workday History as well as Workday Performance. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.