Workday Stock Price Transform Weighted Close Price Breakdown

WDAY
 Stock
  

USD 148.98  2.69  1.84%   

Workday price transform tool provides the execution environment for running the Weighted Close Price transformation and other technical functions against Workday. Workday value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Weighted Close Price transformation function is designed to identify and follow existing trends. Workday price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Workday high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Workday closing price as input.
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Workday Technical Analysis Modules

Most technical analysis of Workday help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Workday from various momentum indicators to cycle 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 Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Workday. We use our internally-developed statistical techniques to arrive at the intrinsic value of Workday based on widely used predictive technical indicators. In general, we focus on analyzing Workday Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Workday's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Workday's intrinsic value. In addition to deriving basic predictive indicators for Workday, we also check how macroeconomic factors affect Workday price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2021 2022 (projected)
Receivables Turnover4.514.525.17
PPandE Turnover4.514.95.89
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.
Hype
Prediction
LowEstimated ValueHigh
145.35148.58151.81
Details
Intrinsic
Valuation
LowReal ValueHigh
134.08193.48196.71
Details
Naive
Forecast
LowNext ValueHigh
147.24150.47153.70
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.

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Check out Your Current Watchlist. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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.
Market Capitalization
37.4 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
(0.0103) 
Return On Equity
(0.0436) 
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.