Deutsche Bank Aktiengesellschaft Increases Ceridian HCM Price Target to 82.00
| CDAYDelisted Stock | USD 68.42 0.65 0.94% |
Slightly above 61% of CDAY Old's investor base is looking to short. The analysis of current outlook of investing in CDAY Old suggests that many traders are alarmed regarding CDAY Old's prospects. CDAY Old's investing sentiment can be driven by a variety of factors including economic data, CDAY Old's earnings reports, geopolitical events, and overall market trends.
CDAY |
Ceridian HCM had its target price lifted by Deutsche Bank Aktiengesellschaft from 80.00 to 82.00 in a research note released on Monday, The Fly reports. Several other equities research analysts also recently weighed in on CDAY. Barclays dropped their target price on shares of Ceridian HCM from 66.00 to 64.00 and
Read at thelincolnianonline.com
 |
CDAY Old Fundamental Analysis
We analyze CDAY Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CDAY Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CDAY Old 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.
Current Valuation
Current Valuation Comparative Analysis
CDAY Old is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
CDAY Old 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 CDAY Old stock to make a market-neutral strategy. Peer analysis of CDAY Old could also be used in its relative valuation, which is a method of valuing CDAY Old by comparing valuation metrics with similar companies.
Peers
CDAY Old Related Equities
| AGYS | Agilysys | 3.48 | ||||
| CVLT | CommVault Systems | 3.10 | ||||
| ANSS | ANSYS | 2.27 | ||||
| MANH | Manhattan Associates | 1.60 | ||||
| ALKT | Alkami Technology | 1.55 | ||||
| CWAN | Clearwater Analytics | 1.49 | ||||
| ENFN | Enfusion | 1.28 | ||||
| ROP | Roper Technologies, | 0.63 | ||||
| GWRE | Guidewire Software | 0.32 | ||||
| ETWO | E2open Parent | 0.73 | ||||
| AZPN | Aspen Technology | 0.80 | ||||
| PCTY | Paylocity Holdng | 1.17 | ||||
| PAYC | Paycom Soft | 1.33 | ||||
| PYCR | Paycor HCM | 3.02 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in CDAY Stock
If you are still planning to invest in CDAY Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CDAY Old's history and understand the potential risks before investing.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |