Ceridian HCM Holding Price on May 11, 2023
CDAYDelisted Stock | USD 68.42 0.65 0.94% |
If you're considering investing in Ceridian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ceridian HCM stands at 68.42, as last reported on the 27th of November, with the highest price reaching 69.21 and the lowest price hitting 67.78 during the day. We have found thirty technical indicators for Ceridian HCM Holding, which you can use to evaluate the volatility of the firm. Please confirm Ceridian HCM's Mean Deviation of 1.8, downside deviation of 2.44, and Risk Adjusted Performance of 0.0112 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Ceridian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Ceridian HCM is not performing at its full potential. However, 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 Ceridian HCM by adding Ceridian HCM to a well-diversified portfolio.
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Ceridian HCM Valuation on May 11, 2023
It is possible to determine the worth of Ceridian HCM on a given historical date. On May 11, 2023 Ceridian was worth 58.57 at the beginning of the trading date compared to the closed value of 57.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ceridian HCM stock. Still, in general, we apply an absolute valuation method to find Ceridian HCM'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 Ceridian HCM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ceridian HCM's related companies.
Open | High | Low | Close | Volume | |
58.97 | 59.29 | 57.83 | 58.52 | 1,733,966 | |
05/11/2023 | 58.57 | 58.60 | 56.69 | 57.54 | 1,910,885 |
57.50 | 58.16 | 56.62 | 57.59 | 980,707 |
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Ceridian HCM Trading Date Momentum on May 11, 2023
On May 12 2023 Ceridian HCM Holding was traded for 57.59 at the closing time. The top price for the day was 58.16 and the lowest listed price was 56.62 . The trading volume for the day was 980.7 K. The trading history from May 12, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.09% . The overall trading delta against the current closing price is 7.18% . |
Ceridian HCM Holding Fundamentals Correlations and Trends
By evaluating Ceridian HCM'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 Ceridian HCM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ceridian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ceridian HCM Stock history
Ceridian HCM 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 Ceridian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ceridian HCM Holding 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 Ceridian HCM stock prices may prove useful in developing a viable investing in Ceridian HCM
Ceridian HCM Holding Inc., together with its subsidiaries, operates as a human capital management software company in the United States, Canada, and internationally. The company was incorporated in 2013 and is headquartered in Minneapolis, Minnesota. Ceridian Hcm operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 7462 people.
Ceridian HCM Stock Technical Analysis
Ceridian HCM 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Ceridian HCM Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Ceridian HCM Holding cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ceridian HCM November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Ceridian HCM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ceridian HCM shares will generate the highest return on investment. By undertsting and applying Ceridian HCM stock market strength indicators, traders can identify Ceridian HCM Holding entry and exit signals to maximize returns
Ceridian HCM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ceridian HCM's price direction in advance. Along with the technical and fundamental analysis of Ceridian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ceridian 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.
Risk Adjusted Performance | 0.0112 | |||
Jensen Alpha | 0.0749 | |||
Total Risk Alpha | (0.36) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (0.01) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Ceridian Stock
If you are still planning to invest in Ceridian HCM Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ceridian HCM's history and understand the potential risks before investing.
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