Co-CEO Leagh Turner Sells 6,000 Shares of Ceridian HCM Holding Inc

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.
  
On October 9, 2023, Leagh Turner, Co-CEO of Ceridian HCM Holding Inc , sold 6,000 shares of the company. This move is part of a larger trend for the

Read at gurufocus.com
Gurufocus Stories at Macroaxis
  

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.

Total Asset

Total Asset Comparative Analysis

CDAY Old is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

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

CWANClearwater Analytics   3.29   
0%
39.0%
ANSSANSYS   1.60   
0%
19.0%
ENFNEnfusion   1.00   
0%
11.0%
ALKTAlkami Technology   0.85   
0%
10.0%
ROPRoper Technologies,   0.62   
0%
7.0%
PAYCPaycom Soft   0.59   
0%
7.0%
AZPNAspen Technology   0.22   
0%
2.0%
PYCRPaycor HCM   0.05   
0%
1.0%
CVLTCommVault Systems   0.27   
3.0%
0%
ETWOE2open Parent   0.39   
4.0%
0%
GWREGuidewire Software   0.66   
7.0%
0%
MANHManhattan Associates   0.73   
8.0%
0%
PCTYPaylocity Holdng   1.15   
13.0%
0%
AGYSAgilysys   8.39   
100.0%
0%
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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 Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios