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WDAY vs. IT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between WDAY and IT is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

WDAY vs. IT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Workday, Inc. (WDAY) and Gartner, Inc. (IT). The values are adjusted to include any dividend payments, if applicable.

400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
460.77%
950.58%
WDAY
IT

Key characteristics

Sharpe Ratio

WDAY:

0.03

IT:

0.49

Sortino Ratio

WDAY:

0.27

IT:

0.80

Omega Ratio

WDAY:

1.04

IT:

1.11

Calmar Ratio

WDAY:

0.03

IT:

0.75

Martin Ratio

WDAY:

0.06

IT:

1.99

Ulcer Index

WDAY:

18.86%

IT:

5.51%

Daily Std Dev

WDAY:

32.27%

IT:

22.45%

Max Drawdown

WDAY:

-57.65%

IT:

-85.09%

Current Drawdown

WDAY:

-11.12%

IT:

-10.97%

Fundamentals

Market Cap

WDAY:

$73.95B

IT:

$38.37B

EPS

WDAY:

$6.10

IT:

$13.52

PE Ratio

WDAY:

45.58

IT:

36.79

PEG Ratio

WDAY:

2.35

IT:

1.99

Total Revenue (TTM)

WDAY:

$8.14B

IT:

$6.14B

Gross Profit (TTM)

WDAY:

$6.35B

IT:

$4.11B

EBITDA (TTM)

WDAY:

$583.38M

IT:

$1.62B

Returns By Period

In the year-to-date period, WDAY achieves a -1.09% return, which is significantly lower than IT's 8.90% return. Over the past 10 years, WDAY has underperformed IT with an annualized return of 12.51%, while IT has yielded a comparatively higher 19.12% annualized return.


WDAY

YTD

-1.09%

1M

1.85%

6M

24.62%

1Y

0.17%

5Y*

10.54%

10Y*

12.51%

IT

YTD

8.90%

1M

-5.16%

6M

8.65%

1Y

10.81%

5Y*

26.31%

10Y*

19.12%

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Risk-Adjusted Performance

WDAY vs. IT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Workday, Inc. (WDAY) and Gartner, Inc. (IT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for WDAY, currently valued at 0.03, compared to the broader market-4.00-2.000.002.000.030.49
The chart of Sortino ratio for WDAY, currently valued at 0.27, compared to the broader market-4.00-2.000.002.004.000.270.80
The chart of Omega ratio for WDAY, currently valued at 1.04, compared to the broader market0.501.001.502.001.041.11
The chart of Calmar ratio for WDAY, currently valued at 0.03, compared to the broader market0.002.004.006.000.030.75
The chart of Martin ratio for WDAY, currently valued at 0.06, compared to the broader market-5.000.005.0010.0015.0020.0025.000.061.99
WDAY
IT

The current WDAY Sharpe Ratio is 0.03, which is lower than the IT Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of WDAY and IT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.03
0.49
WDAY
IT

Dividends

WDAY vs. IT - Dividend Comparison

Neither WDAY nor IT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

WDAY vs. IT - Drawdown Comparison

The maximum WDAY drawdown since its inception was -57.65%, smaller than the maximum IT drawdown of -85.09%. Use the drawdown chart below to compare losses from any high point for WDAY and IT. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.12%
-10.97%
WDAY
IT

Volatility

WDAY vs. IT - Volatility Comparison

Workday, Inc. (WDAY) has a higher volatility of 12.23% compared to Gartner, Inc. (IT) at 4.99%. This indicates that WDAY's price experiences larger fluctuations and is considered to be riskier than IT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.23%
4.99%
WDAY
IT

Financials

WDAY vs. IT - Financials Comparison

This section allows you to compare key financial metrics between Workday, Inc. and Gartner, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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