WDC (Western Digital) Momentum Rank : 5 (As of Apr. 09, 2025)

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What is Western Digital Momentum Rank?

Western Digital has the Momentum Rank of 5.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Western Digital's Momentum Rank

For the Computer Hardware subindustry, Western Digital's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Digital's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Western Digital's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Western Digital's Momentum Rank falls into.

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Western Digital Momentum Rank Related Terms

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Western Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Western Digital Corp (NAS:WDC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WDC:Mexico 1WDC:Italy 0QZF:UK WDC:Germany WDC:Germany WDC:Germany W1DC34:Brazil WDC:Austria

Address

5601 Great Oaks Parkway, San Jose, CA, USA, 95119

Website

https://www.wdc.com

Western Digital is a leading, vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly with, Western Digital and Seagate being the two largest players. Western Digital designs and manufacturers its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.

Executives

Gene M. Zamiska	officer: Principal Accounting Officer	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Robert Soderbery	officer: EVP & GM, Flash Business	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
David Goeckeler	director, officer: Chief Executive Officer	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Kimberly Alexy	director	500 MCCARTHY BLVD., MILPITAS CA 95035
Reed B Rayman	director	6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Wissam G Jabre	officer: EVP & CFO	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Paula A Price	director	ONE CVS DRIVE, WOONSOCKET RI 02895
Miyuki Suzuki	director	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Thomas Caulfield	director	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Lori S Sundberg	officer: EVP & Chief Human Res Officer	400 NORTH FIFTH STREET, PHOENIX AZ 85004
Michael Charles Ray	officer: Sr. VP, Gen Cnsl & Secretary	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Sean Hunkler	officer: EVP, Global Operations	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Michael D Cordano	officer: President, HGST Subsidiary	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Stephen D Milligan	officer: Sr. V.P. & CFO	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Matthew E Massengill	director, officer: Chairman and CEO	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119