Q3 2021 Ceridian HCM Holding Inc Earnings Call Transcript
CDAYDelisted Stock | USD 68.42 0.65 0.94% |
Slightly above 61% 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 |
Nov 03, 2021 0900PM GMTErik J. Zimmer - Ceridian HCM Holding Inc. - Executive VP and Head of Mergers Acquisitions As a reminder, this conference is being r
Read at gurufocus.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.
Short Ratio
Short Ratio Comparative Analysis
Ceridian HCM is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
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
ETWO | E2open Parent | 3.10 | ||||
ALKT | Alkami Technology | 1.19 | ||||
AZPN | Aspen Technology | 0.27 | ||||
PAYC | Paycom Soft | 0.26 | ||||
ROP | Roper Technologies, | 0 | ||||
ANSS | ANSYS | 0.17 | ||||
GWRE | Guidewire Software | 0.17 | ||||
CVLT | CommVault Systems | 0.19 | ||||
PCTY | Paylocity Holdng | 0.29 | ||||
MANH | Manhattan Associates | 0.33 | ||||
CWAN | Clearwater Analytics | 0.54 | ||||
PYCR | Paycor HCM | 1.17 | ||||
AGYS | Agilysys | 1.30 | ||||
ENFN | Enfusion | 1.62 |
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |