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Warner Bros. Discovery WBD

equity

Price History

$6.18$21.79$37.41$53.03
2005-07 · DCA start$6.62

Time underwater

How far below its previous all-time high the price sat, each month. 0% means a new high.

-86.1%-57.4%-28.7%-0.0%
2005-072026-08 · -47.9%

Worst drawdown: −86%, peaking Feb 2021 and bottoming Apr 2024 — still unrecovered after 66 months.

DCA Backtest

Invested
$25,400
Value today
$44,130
Return
+73.7%
Months invested
254

Scenarios

Inflation — the same contributions merely keeping pace with CPI would be $34,526 today, so the real (inflation-adjusted) return is +27.8%.

Lump sum instead — $25,400 all at once in Jul 2005: $106,140 (+317.9%) — lump sum came out ahead.

Worst timing — same monthly amount started at the all-time high (Feb 2021): $13,095 on $6,700 invested (+95.5%).

⚠ Price returns only — dividends are not included. This understates the true return of dividend-paying shares, and any comparison against crypto (which pays no dividends) is biased against equities by roughly the dividend yield, compounded.

If this saved you a spreadsheet — buy me a coffee.

Every start month at once

Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.

JFMAMJJASOND
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Legend:−50%−20%0%+50%+200%+1000%worst timing (ATH)Selected 2005-07: +73.7%

About Warner Bros. Discovery

Paramount Skydance announced a definitive agreement with Warner Bros. Discovery (WBD) on February 27, 2026, to acquire the company for $110.9 billion at $31 per share in cash. The massive transaction came after a months-long corporate battle between Netflix and Paramount that effectively shelved WBD's previous plans of splitting into two companies. Paramount began submitting unsolicited offers to acquire Warner Bros. on September 12, 2025, and despite rejecting the proposals, the WBD board of directors placed the company up for auction on October 21, 2025, to maximize shareholder value. (Wikipedia)

It's a listed company categorised under communication services and broadcasting, with a market cap of about $69.4B.

It rates Extreme Risk at 3.3/5, meaning the rated factors are poor across the board — treat any position here as speculative.

What pushes the score up: earnings quality (5.0/5) and market / volatility (4.0/5).

Scoring well: liquidity at 1.0/5.

Not yet researched: concentration, governance. These are excluded from the score rather than guessed, so the real risk may be higher than what’s shown.

Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.

Risk Profile

Extreme Risk(3.3/5)80% rated

How these ratings work

Market / Volatility4.0/5 · weight 20%
  • Annualised volatility (3yr)4/548.6
  • Max drawdown from ATH5/586.1
  • Beta vs S&P 5003/51.3
Liquidity1.0/5 · weight 15%
  • Avg daily $ volume1/5576.7m
  • Float % of shares outstandingnot yet researched
Leverage / Financial3.0/5 · weight 20%
  • Debt / equity3/51.0
  • Interest coverage (EBIT / interest)not yet researched
Earnings Quality5.0/5 · weight 15%
  • 3yr EPS volatility5/5100
Concentrationunrated · weight 10%
  • Largest customer, % of revenuenot yet researched
  • Geographic revenue concentrationnot yet researched
Governanceunrated · weight 10%
  • Board independence %not yet researched
  • Share structurenot yet researched
  • Litigation / audit historynot yet researched
Sector / Regulatory3.0/5 · weight 10%
  • Sector regulatory exposure3/5elevated

Linked Assets

Same sector, or return-correlated — worth knowing what else might move if this one does.