Dayforce Stock Buy Hold or Sell Recommendation
| DAY Stock | 107.52 1.02 0.96% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Dayforce is 'Strong Buy'. The recommendation algorithm takes into account all of Dayforce's available fundamental, technical, and predictive indicators you will find on this site.
Check out Dayforce Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Dayforce Stock, please use our How to Invest in Dayforce guide. In addition, we conduct extensive research on individual companies such as Dayforce and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Dayforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Dayforce |
Execute Dayforce Buy or Sell Advice
The Dayforce recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dayforce. Macroaxis does not own or have any residual interests in Dayforce or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dayforce's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Dayforce Trading Alerts and Improvement Suggestions
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Dayforce Inc. stock rises Thursday, outperforms market - MarketWatch |
Dayforce Returns Distribution Density
The distribution of Dayforce's historical returns is an attempt to chart the uncertainty of Dayforce's future price movements. The chart of the probability distribution of Dayforce daily returns describes the distribution of returns around its average expected value. We use Dayforce price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dayforce returns is essential to provide solid investment advice for Dayforce.
| Mean Return | 0.45 | Value At Risk | -2.74 | Potential Upside | 3.66 | Standard Deviation | 2.09 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dayforce historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Dayforce Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dayforce or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dayforce's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dayforce stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | 0.20 |
Dayforce Volatility Alert
Dayforce has relatively low volatility with skewness of 0.85 and kurtosis of 2.69. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dayforce's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dayforce's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Dayforce Fundamentals Vs Peers
Comparing Dayforce's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dayforce's direct or indirect competition across all of the common fundamentals between Dayforce and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dayforce or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Dayforce's fundamental indicators could also be used in its relative valuation, which is a method of valuing Dayforce by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Dayforce to competition |
| Fundamentals | Dayforce | Peer Average |
| Return On Equity | 0.0219 | -0.31 |
| Return On Asset | 0.0078 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 17.76 B | 16.62 B |
| Shares Outstanding | 157.7 M | 571.82 M |
| Shares Owned By Insiders | 1.20 % | 10.09 % |
| Shares Owned By Institutions | 98.80 % | 39.21 % |
| Number Of Shares Shorted | 95.03 K | 4.71 M |
| Price To Book | 4.59 X | 9.51 X |
| Price To Sales | 9.96 X | 11.42 X |
| Revenue | 1.69 B | 9.43 B |
| EBITDA | 252.1 M | 3.9 B |
| Book Value Per Share | 16.20 X | 1.93 K |
| Short Ratio | 2.25 X | 4.00 X |
| Earnings Per Share | 0.49 X | 3.12 X |
| Price To Earnings To Growth | 5.37 X | 4.89 X |
| Target Price | 72.85 | |
| Number Of Employees | 9.08 K | 18.84 K |
| Beta | 1.27 | -0.15 |
| Market Capitalization | 16.88 B | 19.03 B |
Dayforce Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dayforce . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Dayforce Buy or Sell Advice
When is the right time to buy or sell Dayforce? Buying financial instruments such as Dayforce Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Dayforce in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1286 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Strategy ETFs Theme or any other thematic opportunities.
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Check out Dayforce Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Dayforce Stock, please use our How to Invest in Dayforce guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.