Dayforce Stock Price on November 18, 2024

DAY Stock   79.79  1.09  1.39%   
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 79.79, as last reported on the 25th of November, with the highest price reaching 80.19 and the lowest price hitting 78.23 during the day.
IPO Date
26th of April 2018
200 Day MA
60.9162
50 Day MA
67.3094
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 0.26, which denotes the company had a 0.26% return per unit of risk over the last 3 months. By reviewing Dayforce's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Dayforce's Downside Deviation of 1.56, coefficient of variation of 341.22, and Mean Deviation of 1.43 to check if our risk estimates are consistent with your expectations.
  
Capital Stock is likely to rise to about 1.6 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.9 B in 2024. . At this time, Dayforce's Price Earnings Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 104.14 in 2024, whereas Price To Sales Ratio is likely to drop 6.63 in 2024. Dayforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2593

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Dayforce is performing at about 20% 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
4.9229
Enterprise Value Ebitda
42.4124
Price Sales
7.4257
Shares Float
140.2 M
Wall Street Target Price
82.5067

Dayforce Main Headline on 18th of November 2024

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Dayforce Valuation on November 18, 2024

It is possible to determine the worth of Dayforce on a given historical date. On November 18, 2024 Dayforce was worth 74.64 at the beginning of the trading date compared to the closed value of 74.65. 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
  76.26    76.93    74.49    74.56    1,342,390  
11/18/2024
  74.64    75.13    74.09    74.65    1,154,270  
  73.05    75.08    72.44    74.76    1,042,658  
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Open Value
74.64
74.65
Closing Value
80.46
Upside

Dayforce Trading Date Momentum on November 18, 2024

On November 19 2024 Dayforce was traded for  74.76  at the closing time. Highest Dayforce's price during the trading hours was 75.08  and the lowest price during the day was  72.44 . The net volume was 1 M. The overall trading history on the 19th of November contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.15% . The overall trading delta to current price is 5.43% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding158.5 M155.3 M
Net Loss-84.4 M-88.6 M

Dayforce Quarterly Net Working Capital

556.3 Million

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
November 25, 2024
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Dayforce November 25, 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.

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.