Dayforce Return On Equity from 2010 to 2024
| DAY Stock | 77.17 0.36 0.46% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.02285047 | Current Value 0.024 | Quarterly Volatility 0.05813026 |
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
Dayforce | Return On Equity |
Latest Dayforce's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Dayforce over the last few years. Return on Equity is the amount of Dayforce net income returned as a percentage of Dayforce equity. Return on equity measures Dayforce profitability by revealing how much profit Dayforce generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Dayforce's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dayforce's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0219 | 10 Years Trend |
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Return On Equity |
| Timeline |
Dayforce Return On Equity Regression Statistics
| Arithmetic Mean | (0.05) | |
| Geometric Mean | 0.04 | |
| Coefficient Of Variation | (111.53) | |
| Mean Deviation | 0.05 | |
| Median | (0.04) | |
| Standard Deviation | 0.06 | |
| Sample Variance | 0 | |
| Range | 0.1515 | |
| R-Value | 0.85 | |
| Mean Square Error | 0 | |
| R-Squared | 0.72 | |
| Significance | 0.00006 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.05 |
Dayforce Return On Equity History
About Dayforce Financial Statements
Dayforce investors use historical fundamental indicators, such as Dayforce's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dayforce. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.02 | 0.02 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.