Dayforce Stock Performance
| DAY Stock | 74.84 0.84 1.14% |
On a scale of 0 to 100, Dayforce holds a performance score of 13. The firm shows a Beta (market volatility) of 1.35, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dayforce will likely underperform. Please check Dayforce's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Dayforce's price patterns will revert.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Dayforce are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile basic indicators, Dayforce showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.14 | Five Day Return (2.96) | Year To Date Return 13.36 | Ten Year Return 139.79 | All Time Return 139.79 |
1 | Acquisition by Samer Alkharrat of 21978 shares of Dayforce subject to Rule 16b-3 | 10/18/2024 |
2 | Dayforce president sells 65,000 in stock | 10/22/2024 |
3 | Q3 2024 Dayforce Inc Earnings Call Transcript | 10/31/2024 |
4 | Disposition of 1000 shares by Stephen Holdridge of Dayforce at 77.0 subject to Rule 16b-3 | 11/05/2024 |
5 | Acquisition by William McDonald of 1544 shares of Dayforce subject to Rule 16b-3 | 11/08/2024 |
6 | Capital Research Global Investors Bolsters Stake in Dayforce Inc | 11/13/2024 |
7 | KYNDRYL OUTLINES GROWTH STRATEGY AT 2024 INVESTOR DAY | 11/21/2024 |
8 | Disposition of 858697 shares by David Ossip of Dayforce at 22.0 subject to Rule 16b-3 | 11/26/2024 |
9 | Dayforce CEO David Ossip sells 68.3 million in stock | 11/27/2024 |
10 | With EPS Growth And More, Dayforce Makes An Interesting Case | 12/04/2024 |
11 | Dayforce Inc Unveils New Direct to Bank Capabilities for On-Demand Pay | 12/09/2024 |
12 | Dayforces SWOT analysis HCM leader eyes 5B revenue amid sector slowdown | 12/12/2024 |
13 | Disposition of 1000 shares by Stephen Holdridge of Dayforce at 77.29 subject to Rule 16b-3 | 12/13/2024 |
14 | Tidal Investments LLC Buys 13,078 Shares of Dayforce Inc | 12/18/2024 |
15 | ONE DAY, ONE FILM, ONE MESSAGE FOR THE ENTIRE WORLD | 12/20/2024 |
| Begin Period Cash Flow | 3.2 B |
Dayforce |
Dayforce Relative Risk vs. Return Landscape
If you would invest 6,041 in Dayforce on September 24, 2024 and sell it today you would earn a total of 1,443 from holding Dayforce or generate 23.89% return on investment over 90 days. Dayforce is generating 0.3555% of daily returns assuming volatility of 2.0371% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Dayforce, and above 93% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Dayforce Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dayforce's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Dayforce, and traders can use it to determine the average amount a Dayforce's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1745
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Dayforce is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dayforce by adding it to a well-diversified portfolio.
Dayforce Fundamentals Growth
Dayforce Stock prices reflect investors' perceptions of the future prospects and financial health of Dayforce, and Dayforce fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Dayforce Stock performance.
| Return On Equity | 0.0219 | ||||
| Return On Asset | 0.0078 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 12.55 B | ||||
| Shares Outstanding | 157.7 M | ||||
| Price To Book | 4.62 X | ||||
| Price To Sales | 6.96 X | ||||
| Revenue | 1.51 B | ||||
| Gross Profit | 555.6 M | ||||
| EBITDA | 264.6 M | ||||
| Net Income | 54.8 M | ||||
| Total Debt | 1.24 B | ||||
| Book Value Per Share | 16.20 X | ||||
| Cash Flow From Operations | 219.5 M | ||||
| Earnings Per Share | 0.34 X | ||||
| Market Capitalization | 11.8 B | ||||
| Total Asset | 9.01 B | ||||
| Retained Earnings | (317.8 M) | ||||
| Working Capital | 620.3 M | ||||
About Dayforce Performance
Evaluating Dayforce's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Dayforce has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Dayforce has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.3 K | 2.9 K | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Dayforce performance evaluation
Checking the ongoing alerts about Dayforce for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Dayforce help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Dayforce was previously known as Ceridian HCM Holding and was traded on Toronto Exchange under the symbol CDAY. | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from prnewswire.com: ONE DAY, ONE FILM, ONE MESSAGE FOR THE ENTIRE WORLD |
- Analyzing Dayforce's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Dayforce's stock is overvalued or undervalued compared to its peers.
- Examining Dayforce's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Dayforce's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dayforce's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Dayforce's stock. These opinions can provide insight into Dayforce's potential for growth and whether the stock is currently undervalued or overvalued.
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.