GM Advisory Group LLC Trims Stock Holdings in Automatic Data Processing, Inc.
| ADP Stock | USD 315.18 3.88 1.25% |
Slightly above 51% of Automatic Data's retail investors are presently thinking to get in. The analysis of the overall prospects from investing in Automatic Data Processing suggests that some traders are, at the present time, interested. Automatic Data's investing sentiment overview a quick insight into current market opportunities from investing in Automatic Data Processing. Many technical investors use Automatic Data Processing stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Automatic |
GM Advisory Group LLC decreased its position in Automatic Data Processing, Inc. by 16.8 percent in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,942 shares of the business services providers stock after selling 592 shares during the
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Automatic Data Fundamental Analysis
We analyze Automatic Data's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Automatic Data using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Automatic Data based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Automatic Data is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Automatic Data Processing Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Automatic Data stock to make a market-neutral strategy. Peer analysis of Automatic Data could also be used in its relative valuation, which is a method of valuing Automatic Data by comparing valuation metrics with similar companies.
Peers
Automatic Data Related Equities
| MAN | ManpowerGroup | 3.22 | ||||
| PAYX | Paychex | 1.96 | ||||
| KFY | Korn Ferry | 1.94 | ||||
| BZ | Kanzhun | 1.78 | ||||
| TBI | TrueBlue | 1.45 | ||||
| RHI | Robert Half | 1.09 | ||||
| TNET | TriNet | 0.72 | ||||
| KELYA | Kelly Services | 0.45 | ||||
| KFRC | Kforce | 0.26 | ||||
| BBSI | Barrett Business | 0.1 | ||||
| ZIP | Ziprecruiter | 2.78 |
Additional Tools for Automatic Stock Analysis
When running Automatic Data's price analysis, check to measure Automatic Data'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 Automatic Data is operating at the current time. Most of Automatic Data's value examination focuses on studying past and present price action to predict the probability of Automatic Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automatic Data's price. Additionally, you may evaluate how the addition of Automatic Data to your portfolios can decrease your overall portfolio volatility.