Shareholders in Dayforce are in the red if they invested three years ago
| DAY Stock | 69.62 0.56 0.80% |
Slightly above 61% of Dayforce's investor base is looking to short. The analysis of the overall prospects from investing in Dayforce suggests that many traders are, at the present time, alarmed. Dayforce's investing sentiment can be driven by a variety of factors including economic data, Dayforce's earnings reports, geopolitical events, and overall market trends.
Dayforce |
It is a pleasure to report that the Dayforce Inc. is up 38 percent in the last quarter. But that doesnt help the...
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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.
Retained Earnings
Retained Earnings Comparative Analysis
Dayforce is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
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
| PKE | Park Electrochemical | 4.64 | ||||
| CAR | Avis Budget | 1.70 | ||||
| ALTG | Alta Equipment | 1.11 | ||||
| UHAL | U Haul | 0.51 | ||||
| ECVT | Ecovyst | 0.25 | ||||
| NL | NL Industries | 1.07 | ||||
| WLFC | Willis Lease | 1.41 |
Additional Tools for Dayforce Stock Analysis
When running Dayforce's price analysis, check to measure Dayforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.