Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Workiva which you can use to evaluate future volatility of the organization. Please check out Workiva Market Risk Adjusted Performance of
(0.78) and Mean Deviation of 1.6 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Slowly supersedes market
|Horizon||30 Days Login to change|
Workiva Market Sensitivity
|As returns on market increase, Workiva returns are expected to increase less than the market. However during bear market, the loss on holding Workiva will be expected to be smaller as well. 3 Months Beta |Analyze Workiva Demand TrendCheck current 30 days Workiva correlation with market (DOW)|
β = 0.4878
Workiva Central Daily Price Deviation
Workiva Technical Analysis
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Workiva Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Workiva has beta of 0.4878 . This means as returns on market go up, Workiva average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Workiva will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Workiva is significantly underperforming DOW.
Predicted Return Density
Allowing for the 30-days total investment horizon, the coefficient of variation of Workiva is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of Workiva is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
|Alpha over DOW||=||0.38|
|Beta against DOW||=||0.49|
Workiva Return Volatilitythe organization accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.9858% risk (volatility on return distribution) over the 30 days horizon.
Workiva Investment Opportunity
DOW has a standard deviation of returns of 0.99 and is 9.223372036854776E16 times more volatile than Workiva. 0 of all equities and portfolios are less risky than Workiva. Compared to the overall equity markets, volatility of historical daily returns of Workiva is lower than 0 () of all global equities and portfolios over the last 30 days. Use Workiva to protect your portfolios against small markets fluctuations. The stock experiences very speculative upward sentiment. Check odds of Workiva to be traded at $39.23 in 30 days. . As returns on market increase, Workiva returns are expected to increase less than the market. However during bear market, the loss on holding Workiva will be expected to be smaller as well.
Workiva correlation with market
Workiva Current Risk Indicators
|Risk Adjusted Performance||(0.13)|
|Market Risk Adjusted Performance||(0.78)|
|Coefficient Of Variation||(716.96)|
Workiva Suggested Diversification Pairs