Workday Stock Future Price Prediction

WDAY
 Stock
  

USD 146.97  4.27  2.82%   

Workday stock price prediction is an act of determining the future value of Workday shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Workday's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Workday and does not consider all of the tangible or intangible factors available from Workday's fundamental data. We analyze noise-free headlines and recent hype associated with Workday, which may create opportunities for some arbitrage if properly timed.
Check out Workday Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Workday based on different types of headlines from major news networks to social media. The Workday stock price prediction module provides an analysis of price elasticity to changes in media outlook on Workday over a specific investment horizon.Using Workday hype-based prediction, you can estimate the value of Workday from the perspective of Workday response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Workday using Workday's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Workday using crowd psychology based on the activity and movement of Workday's stock price.

Workday Implied Volatility

    
  65.47  
Workday's implied volatility exposes the market's sentiment of Workday stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Workday's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Workday stock will not fluctuate a lot when Workday's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Workday. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Workday to buy its stock at a price that has no basis in reality. In that case, they are not buying Workday because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Workday after-hype prediction price

    
  $ 146.88  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Workday contract

Based on the Rule 16, the options market is currently suggesting that Workday will have an average daily up or down price movement of about 4.09% per day over the life of the 2022-09-30 option contract. With Workday trading at $146.97, that is roughly $6.01. If you think that the market is fully incorporating Workday's daily price movement you should consider acquiring Workday options at the current volatility level of 65.47%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Workday's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Workday in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
132.27193.16195.68
Details
28 Analysts
Consensus
LowTarget PriceHigh
271.00325.91370.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Workday. Your research has to be compared to or analyzed against Workday's peers to derive any actionable benefits. When done correctly, Workday's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Workday.

Workday After-Hype Price Prediction Density Analysis

As far as predicting the price of Workday at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Workday or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Workday, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Workday Estimiated After-Hype Price Volatility

In the context of predicting Workday's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Workday's historical news coverage. Workday's after-hype downside and upside margins for the prediction period are 144.36 and 149.40, respectively. We have considered Workday's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 146.97
144.36
Downside
146.88
After-hype Price
149.40
Upside
Workday is very steady asset. Analysis and calculation of next after-hype price of Workday is based on 3 months time horizon.

Workday Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Workday is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workday backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Workday, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.04  2.52  0.28   0.00  10 Events / Month0 Events / MonthIn about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
146.97146.880.06 
36.21  

Workday Hype Timeline

Workday is at this time traded for 146.97. The entity has historical hype elasticity of 0.28 and average elasticity to hype of competition of 0.0. Workday is forecasted to decline in value after the next headline with the price expected to drop to 146.88. The average volatility of media hype impact on the company price is about 36.21%. The price decrease on the next newsis expected to be -0.06% whereas the daily expected return is at this time at 0.04%. The volatility of related hype on Workday is about 1260000.0% with expected price after next announcement by competition of 146.97. About 92.0% of the company outstanding shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.94. Workday recorded a loss per share of 1.19. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days.
Check out Workday Basic Forecasting Models to cross-verify your projections.

Workday Related Hype Analysis

Having access to credible news sources related to Workday's direct competition is more important than ever and may enhance your ability to predict Workday's future price movements. Getting to know how Workday rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Workday may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
DLCRKibush Capital Corp 0.0002 2 per month 0.00  0.0315  0.00  0.00  190.48 

Workday Additional Predictive Modules

Most predictive techniques to examine Workday price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Workday using various technical indicators. When you analyze Workday charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Workday Predictive Indicators

The successful prediction of Workday stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Workday, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Workday based on analysis of Workday hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Workday's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Workday's related companies.

Story Coverage note for Workday

The number of cover stories for Workday depends on current market conditions and Workday's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Workday is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Workday's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Workday Short Properties

Workday's future price predictability will typically decrease when Workday's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Workday often depends not only on the future outlook of the potential Workday's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Workday's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out3.47%
Short Percent Of Float4.45%
Float Shares197.62M
Shares Short Prior Month8.62M
Average Daily Volume Last 10 Day3.04M
Average Daily Volume In Three Month2.75M
Date Short Interest15th of July 2022
Check out Workday Basic Forecasting Models to cross-verify your projections. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Workday Stock analysis

When running Workday 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 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.
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 Workday value 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.