Workday Stock Market Value
| WDAY Stock | USD 233.71 0.00 0.00% |
| Symbol | Workday |
Workday Price To Book Ratio
Is Application Software space 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.
Quarterly Earnings Growth (0.36) | Earnings Share 1.79 | Revenue Per Share | Quarterly Revenue Growth 0.126 | Return On Assets |
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.
Workday 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Workday's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Workday.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Workday on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Workday or generate 0.0% return on investment in Workday over 90 days. Workday is related to or competes with Intuit, Zoom Video, ServiceNow, Snowflake, Autodesk, C3 Ai, and Shopify. Workday, Inc. provides enterprise cloud applications in the United States and internationally More
Workday Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Workday's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Workday upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.86 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.85 |
Workday Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Workday's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Workday's standard deviation. In reality, there are many statistical measures that can use Workday historical prices to predict the future Workday's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0164 |
Workday Backtested Returns
At this stage we consider Workday Stock to be very steady. Workday shows Sharpe Ratio of 0.0521, which attests that the company had a 0.0521 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Workday, which you can use to evaluate the volatility of the company. Please check out Workday's Mean Deviation of 1.33, downside deviation of 3.18, and Market Risk Adjusted Performance of 0.0264 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Workday has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 1.26, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Workday will likely underperform. Workday right now maintains a risk of 2.17%. Please check out Workday sortino ratio, semi variance, as well as the relationship between the Semi Variance and day median price , to decide if Workday will be following its historical returns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Workday has insignificant reverse predictability. Overlapping area represents the amount of predictability between Workday time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Workday price movement. The serial correlation of -0.2 indicates that over 20.0% of current Workday price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 66.23 |
Workday lagged returns against current returns
Autocorrelation, which is Workday stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Workday's stock expected returns. We can calculate the autocorrelation of Workday returns to help us make a trade decision. For example, suppose you find that Workday has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Workday regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Workday stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Workday stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Workday stock over time.
Current vs Lagged Prices |
| Timeline |
Workday Lagged Returns
When evaluating Workday's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Workday stock have on its future price. Workday autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Workday autocorrelation shows the relationship between Workday stock current value and its past values and can show if there is a momentum factor associated with investing in Workday.
Regressed Prices |
| Timeline |
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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.Additional 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.