Ceridian Q3 Earnings Snapshot
Slightly above 67% of Ceridian HCM's investor base is looking to short. The analysis of current outlook of investing in Ceridian HCM Holding suggests that many traders are alarmed regarding Ceridian HCM's prospects. Ceridian HCM's investing sentiment can be driven by a variety of factors including economic data, Ceridian HCM's earnings reports, geopolitical events, and overall market trends.
Ceridian |
The Minneapolis-based company said it had a loss of 2 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 37 cents per share. The results topped Wall Street expectations.
Read at finance.yahoo.com
 |
Ceridian HCM Fundamental Analysis
We analyze Ceridian HCM's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ceridian HCM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ceridian HCM 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
Ceridian HCM 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.
Ceridian HCM Holding 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 Ceridian HCM stock to make a market-neutral strategy. Peer analysis of Ceridian HCM could also be used in its relative valuation, which is a method of valuing Ceridian HCM by comparing valuation metrics with similar companies.
Peers
Ceridian HCM Related Equities
| PAYC | Paycom Soft | 1.33 | ||||
| ALKT | Alkami Technology | 1.07 | ||||
| PCTY | Paylocity Holdng | 0.61 | ||||
| ETWO | E2open Parent | 0.45 | ||||
| ENFN | Enfusion | 0.09 | ||||
| PYCR | Paycor HCM | 0.04 | ||||
| ANSS | ANSYS | 0.13 | ||||
| CVLT | CommVault Systems | 0.43 | ||||
| ROP | Roper Technologies, | 0.57 | ||||
| CWAN | Clearwater Analytics | 0.75 | ||||
| MANH | Manhattan Associates | 0.79 | ||||
| GWRE | Guidewire Software | 0.99 | ||||
| AGYS | Agilysys | 1.81 |
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Ceridian Stock
If you are still planning to invest in Ceridian HCM Holding 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 Ceridian HCM's history and understand the potential risks before investing.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |