Workday Stock Price on March 20, 2024
| WDAY Stock | USD 251.04 3.02 1.19% |
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 251.04, as last reported on the 28th of April, with the highest price reaching 255.54 and the lowest price hitting 250.65 during the day.
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 -0.18, which attests that the company had a -0.18% return per unit of risk over the last 3 months. Workday exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Workday's Market Risk Adjusted Performance of (0.35), mean deviation of 1.01, and Standard Deviation of 1.44 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.
IPO Date 12th of October 2012 | 200 Day MA 253.3409 | 50 Day MA 274.1408 | Beta 1.312 |
Workday |
Sharpe Ratio = -0.1791
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WDAY |
Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 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 8.6196 | Enterprise Value Ebitda 86.6313 | Price Sales 9.5969 | Shares Float 209.3 M | Wall Street Target Price 317.73 |
Related Headline
Salesforce Headline on 20th of March 2024
Acquisition by Sundeep Reddy of 2964 shares of Salesforce su... by Sundeep Reddy
Filed transaction by Salesforce Officer: Evp & Chief Accounting Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Workday Valuation on March 20, 2024
It is possible to determine the worth of Workday on a given historical date. On March 20, 2024 Workday was worth 273.0 at the beginning of the trading date compared to the closed value of 276.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Workday stock. Still, in general, we apply an absolute valuation method to find Workday's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Workday where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Workday's related companies.
| Open | High | Low | Close | Volume | |
| 271.68 | 274.37 | 269.01 | 273.24 | 1,370,089 | |
03/20/2024 | 273.00 | 276.91 | 270.87 | 276.41 | 1,636,644 |
| 278.73 | 280.26 | 275.53 | 276.49 | 1,615,736 |
| Backtest Workday | | | Workday History | | | Workday Valuation | Previous | Next |
Workday Trading Date Momentum on March 20, 2024
| On March 21 2024 Workday was traded for 276.49 at the closing time. The top price for the day was 280.26 and the lowest listed price was 275.53 . The trading volume for the day was 1.6 M. The trading history from March 21, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.03% . The trading price change against the current closing price is 1.32% . |
Workday Fundamentals Correlations and Trends
By evaluating Workday's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Workday's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Workday financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 265.3 M | 231.6 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.
Price Boundaries
Workday Period Price Range
Low | March 20, 2024
| High |
273.00 | 276.41 |
Workday April 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
| Accumulation Distribution | 35698.71 | |||
| Daily Balance Of Power | 0.5646 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 273.89 | |||
| Day Typical Price | 274.73 | |||
| Price Action Indicator | 4.23 | |||
| Period Momentum Indicator | (25.37) |
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.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.36) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 5.22 | 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.