Shareholders in Dayforce are in the red if they invested three years ago - Simply Wall St
| DAY Stock | 107.52 1.02 0.96% |
About 52% of Dayforce's investors are presently thinking to get in. The current sentiment of investing in Dayforce suggests that some traders are interested. Dayforce's investing sentiment overview a quick insight into current market opportunities from investing in Dayforce. Many technical investors use Dayforce stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Dayforce |
Shareholders in Dayforce are in the red if they invested three years ago Simply Wall St
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Dayforce Fundamental Analysis
We analyze Dayforce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dayforce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dayforce 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
Dayforce is rated # 5 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.
Dayforce 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 Dayforce stock to make a market-neutral strategy. Peer analysis of Dayforce could also be used in its relative valuation, which is a method of valuing Dayforce by comparing valuation metrics with similar companies.
Peers
Dayforce Related Equities
| TCS | TECSYS | 2.11 | ||||
| IMP | Intermap Technologies | 1.35 | ||||
| DAY | Dayforce | 0.96 | ||||
| REAL | Real Matters | 0.46 | ||||
| DSG | Descartes Systems | 0.34 |
Check out Dayforce Hype Analysis, Dayforce Correlation and Dayforce Performance. To learn how to invest in Dayforce Stock, please use our How to Invest in Dayforce guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.