Dayforce Stock Price on December 12, 2024

DAY Stock   109.90  0.11  0.10%   
Below is the normalized historical share price chart for Dayforce extending back to April 26, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dayforce stands at 109.90, as last reported on the 15th of December 2024, with the highest price reaching 110.47 and the lowest price hitting 109.37 during the day.
200 Day MA
84.4282
50 Day MA
101.9891
Beta
1.271
 
Covid
If you're considering investing in Dayforce Stock, it is important to understand the factors that can impact its price. Dayforce appears to be very steady, given 3 months investment horizon. Dayforce secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dayforce, which you can use to evaluate the volatility of the firm. Please utilize Dayforce's Coefficient Of Variation of 398.78, mean deviation of 1.44, and Downside Deviation of 1.43 to check if our risk estimates are consistent with your expectations.
  
Dayforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2414

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Estimated Market Risk

 2.03
  actual daily
18
82% of assets are more volatile

Expected Return

 0.49
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
19
81% of assets perform better
Based on monthly moving average Dayforce is performing at about 19% 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.
Price Book
4.7685
Enterprise Value Ebitda
41.0974
Price Sales
10.2279
Shares Float
140.2 M
Wall Street Target Price
72.1272

Dayforce Valuation on December 12, 2024

It is possible to determine the worth of Dayforce on a given historical date. On December 12, 2024 Dayforce was worth 111.0 at the beginning of the trading date compared to the closed value of 110.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dayforce stock. Still, in general, we apply an absolute valuation method to find Dayforce's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dayforce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dayforce's related companies.
 Open High Low Close Volume
  111.76    111.92    110.50    110.72    27,915  
12/12/2024
  111.00    111.22    109.54    110.01    23,526  
  110.01    110.47    109.37    109.90    28,390  
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Open Value
111.0
104.92
Downside
110.01
Closing Value
117.08
Upside

Dayforce Trading Date Momentum on December 12, 2024

On December 13 2024 Dayforce was traded for  109.90  at the closing time. The maximum traded price for the trading interval was 110.47  and the lowest daily price was  109.37 . The daily volume was recorded at 28.4 K. The volume of trading on 13th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.10% . The overall trading delta to the closing price today is 0.00% .

Dayforce Fundamentals Correlations and Trends

By evaluating Dayforce's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dayforce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dayforce financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dayforce Stock history

Dayforce investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dayforce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dayforce will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dayforce stock prices may prove useful in developing a viable investing in Dayforce

Dayforce Stock Technical Analysis

Dayforce technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Dayforce technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dayforce trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dayforce Period Price Range

Low
December 15, 2024
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High

 0.00 

     

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Dayforce December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Dayforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dayforce shares will generate the highest return on investment. By undertsting and applying Dayforce stock market strength indicators, traders can identify Dayforce entry and exit signals to maximize returns

Dayforce Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dayforce's price direction in advance. Along with the technical and fundamental analysis of Dayforce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dayforce to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Dayforce offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dayforce's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dayforce Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dayforce Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dayforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Dayforce Stock, please use our How to Invest in Dayforce guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between Dayforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dayforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dayforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.