Automatic Data Net Worth
Automatic Data Net Worth Breakdown | ADP |
Automatic Data Net Worth Analysis
Automatic Data's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Automatic Data's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Automatic Data's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Automatic Data's net worth analysis. One common approach is to calculate Automatic Data's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Automatic Data's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Automatic Data's net worth. This approach calculates the present value of Automatic Data's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Automatic Data's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Automatic Data's net worth. This involves comparing Automatic Data's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Automatic Data's net worth relative to its peers.
Enterprise Value |
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To determine if Automatic Data is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Automatic Data's net worth research are outlined below:
Automatic Data Processing has 3.71 B in debt with debt to equity (D/E) ratio of 1.4, which is OK given its current industry classification. Automatic Data Processing has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Automatic to invest in growth at high rates of return. | |
Over 84.0% of Automatic Data shares are held by institutions such as insurance companies | |
Latest headline from news.google.com: BofA raises ADP stock price target to 315, keeps neutral rating - Investing.com |
Automatic Data Quarterly Good Will |
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Automatic Data uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Automatic Data Processing. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Automatic Data's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
31st of January 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
24th of July 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of June 2023 Last Financial Announcement | View |
Automatic Data Target Price Consensus
Automatic target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Automatic Data's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
19 | Buy |
Most Automatic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Automatic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Automatic Data Processing, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAutomatic Data Target Price Projection
Automatic Data's current and average target prices are 303.26 and 296.88, respectively. The current price of Automatic Data is the price at which Automatic Data Processing is currently trading. On the other hand, Automatic Data's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Automatic Data Market Quote on 30th of January 2025
Target Price
Analyst Consensus On Automatic Data Target Price
Know Automatic Data's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Automatic Data is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Automatic Data Processing backward and forwards among themselves. Automatic Data's institutional investor refers to the entity that pools money to purchase Automatic Data's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Capital Research Global Investors | 2024-09-30 | 4.8 M | Bank Of America Corp | 2024-09-30 | 4.5 M | State Farm Mutual Automobile Ins Co | 2024-09-30 | 3.7 M | Amvescap Plc. | 2024-09-30 | 3.7 M | Legal & General Group Plc | 2024-09-30 | 3.5 M | Goldman Sachs Group Inc | 2024-09-30 | 3.4 M | Ameriprise Financial Inc | 2024-09-30 | 3.3 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 3.2 M | Deutsche Bank Ag | 2024-09-30 | 2.9 M | Vanguard Group Inc | 2024-09-30 | 40.5 M | Blackrock Inc | 2024-09-30 | 35.9 M |
Follow Automatic Data's market capitalization trends
The company currently falls under 'Mega-Cap' category with a total capitalization of 122.47 B.Market Cap |
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Project Automatic Data's profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.09 | 0.10 | |
Return On Capital Employed | 0.48 | 0.51 | |
Return On Assets | 0.08 | 0.08 | |
Return On Equity | 0.74 | 0.78 |
When accessing Automatic Data's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Automatic Data's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Automatic Data's profitability and make more informed investment decisions.
Evaluate Automatic Data's management efficiency
Automatic Data Processing has Return on Asset of 0.0654 % which means that on every $100 spent on assets, it made $0.0654 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.8726 %, implying that it generated $0.8726 on every 100 dollars invested. Automatic Data's management efficiency ratios could be used to measure how well Automatic Data manages its routine affairs as well as how well it operates its assets and liabilities. As of 01/30/2025, Return On Tangible Assets is likely to grow to 0.1. Also, Return On Capital Employed is likely to grow to 0.51. At this time, Automatic Data's Total Current Liabilities is relatively stable compared to the past year. As of 01/30/2025, Liabilities And Stockholders Equity is likely to grow to about 65.6 B, while Non Current Liabilities Total is likely to drop slightly above 4.8 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 9.97 | 6.13 | |
Tangible Book Value Per Share | 1.88 | 2.61 | |
Enterprise Value Over EBITDA | 15.14 | 9.73 | |
Price Book Value Ratio | 19.15 | 20.11 | |
Enterprise Value Multiple | 15.14 | 9.73 | |
Price Fair Value | 19.15 | 20.11 | |
Enterprise Value | 58.1 B | 61 B |
Management at Automatic Data Processing focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Enterprise Value Revenue 6.6979 | Revenue | Quarterly Revenue Growth 0.071 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Automatic Data insiders, such as employees or executives, is commonly permitted as long as it does not rely on Automatic Data's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Automatic Data insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Automatic Data Corporate Filings
8K | 29th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 15th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 2nd of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Automatic Data Earnings Estimation Breakdown
The calculation of Automatic Data's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Automatic Data is estimated to be 3.04 with the future projection ranging from a low of 2.8 to a high of 3.18. Please be aware that this consensus of annual earnings estimates for Automatic Data Processing is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
2.80 Lowest | Expected EPS | 3.18 Highest |
Automatic Data Earnings Projection Consensus
Suppose the current estimates of Automatic Data's value are higher than the current market price of the Automatic Data stock. In this case, investors may conclude that Automatic Data is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Automatic Data's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
18 | 97.41% | 2.35 | 3.04 | 9.37 |
Automatic Data Earnings History
Earnings estimate consensus by Automatic Data Processing analysts from Wall Street is used by the market to judge Automatic Data's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Automatic Data's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Automatic Data Quarterly Gross Profit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Automatic Data's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Automatic Data Earnings per Share Projection vs Actual
Actual Earning per Share of Automatic Data refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Automatic Data Processing predict the company's earnings will be in the future. The higher the earnings per share of Automatic Data, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Automatic Data Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Automatic Data, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Automatic Data should always be considered in relation to other companies to make a more educated investment decision.Automatic Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Automatic Data's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-01-29 | 2024-12-31 | 2.3 | 2.35 | 0.05 | 2 | ||
2024-10-30 | 2024-09-30 | 2.21 | 2.33 | 0.12 | 5 | ||
2024-07-31 | 2024-06-30 | 2.06 | 2.09 | 0.03 | 1 | ||
2024-05-01 | 2024-03-31 | 2.79 | 2.88 | 0.09 | 3 | ||
2024-01-31 | 2023-12-31 | 2.1 | 2.13 | 0.03 | 1 | ||
2023-10-25 | 2023-09-30 | 2.03 | 2.08 | 0.05 | 2 | ||
2023-07-26 | 2023-06-30 | 1.83 | 1.89 | 0.06 | 3 | ||
2023-04-26 | 2023-03-31 | 2.45 | 2.52 | 0.07 | 2 | ||
2023-01-25 | 2022-12-31 | 1.94 | 1.96 | 0.02 | 1 | ||
2022-10-26 | 2022-09-30 | 1.8 | 1.86 | 0.06 | 3 | ||
2022-07-27 | 2022-06-30 | 1.46 | 1.5 | 0.04 | 2 | ||
2022-04-27 | 2022-03-31 | 2.08 | 2.21 | 0.13 | 6 | ||
2022-01-26 | 2021-12-31 | 1.63 | 1.65 | 0.02 | 1 | ||
2021-10-27 | 2021-09-30 | 1.49 | 1.65 | 0.16 | 10 | ||
2021-07-28 | 2021-06-30 | 1.14 | 1.2 | 0.06 | 5 | ||
2021-04-28 | 2021-03-31 | 1.82 | 1.89 | 0.07 | 3 | ||
2021-01-27 | 2020-12-31 | 1.29 | 1.52 | 0.23 | 17 | ||
2020-10-28 | 2020-09-30 | 0.98 | 1.41 | 0.43 | 43 | ||
2020-07-29 | 2020-06-30 | 0.96 | 1.14 | 0.18 | 18 | ||
2020-04-29 | 2020-03-31 | 1.89 | 1.92 | 0.03 | 1 | ||
2020-01-29 | 2019-12-31 | 1.45 | 1.52 | 0.07 | 4 | ||
2019-10-30 | 2019-09-30 | 1.33 | 1.34 | 0.01 | 0 | ||
2019-07-31 | 2019-06-30 | 1.13 | 1.14 | 0.01 | 0 | ||
2019-05-01 | 2019-03-31 | 1.69 | 1.77 | 0.08 | 4 | ||
2019-01-30 | 2018-12-31 | 1.18 | 1.34 | 0.16 | 13 | ||
2018-10-31 | 2018-09-30 | 1.11 | 1.2 | 0.09 | 8 | ||
2018-08-01 | 2018-06-30 | 0.9 | 0.92 | 0.02 | 2 | ||
2018-05-02 | 2018-03-31 | 1.44 | 1.52 | 0.08 | 5 | ||
2018-01-31 | 2017-12-31 | 0.9 | 0.99 | 0.09 | 10 | ||
2017-11-02 | 2017-09-30 | 0.85 | 0.91 | 0.06 | 7 | ||
2017-07-27 | 2017-06-30 | 0.67 | 0.66 | -0.01 | 1 | ||
2017-05-03 | 2017-03-31 | 1.23 | 1.31 | 0.08 | 6 | ||
2017-02-01 | 2016-12-31 | 0.81 | 0.87 | 0.06 | 7 | ||
2016-11-02 | 2016-09-30 | 0.76 | 0.86 | 0.1 | 13 | ||
2016-07-28 | 2016-06-30 | 0.67 | 0.69 | 0.02 | 2 | ||
2016-04-28 | 2016-03-31 | 1.18 | 1.17 | -0.01 | 0 | ||
2016-02-03 | 2015-12-31 | 0.72 | 0.72 | 0.0 | 0 | ||
2015-10-28 | 2015-09-30 | 0.65 | 0.68 | 0.03 | 4 | ||
2015-07-30 | 2015-06-30 | 0.59 | 0.55 | -0.04 | 6 | ||
2015-04-30 | 2015-03-31 | 1.02 | 1.04 | 0.02 | 1 | ||
2015-02-04 | 2014-12-31 | 0.68 | 0.7 | 0.02 | 2 | ||
2014-10-29 | 2014-09-30 | 0.6 | 0.62 | 0.02 | 3 | ||
2014-07-31 | 2014-06-30 | 0.63 | 0.63 | 0.0 | 0 | ||
2014-04-30 | 2014-03-31 | 1.08 | 1.06 | -0.02 | 1 | ||
2014-02-05 | 2013-12-31 | 0.77 | 0.8 | 0.03 | 3 | ||
2013-10-30 | 2013-09-30 | 0.66 | 0.68 | 0.02 | 3 | ||
2013-08-01 | 2013-06-30 | 0.57 | 0.55 | -0.02 | 3 | ||
2013-05-03 | 2013-03-31 | 0.98 | 0.99 | 0.01 | 1 | ||
2013-02-05 | 2012-12-31 | 0.71 | 0.72 | 0.01 | 1 | ||
2012-11-01 | 2012-09-30 | 0.62 | 0.62 | 0.0 | 0 | ||
2012-08-01 | 2012-06-30 | 0.53 | 0.53 | 0.0 | 0 | ||
2012-05-01 | 2012-03-31 | 0.91 | 0.92 | 0.01 | 1 | ||
2012-01-25 | 2011-12-31 | 0.68 | 0.68 | 0.0 | 0 | ||
2011-10-26 | 2011-09-30 | 0.61 | 0.61 | 0.0 | 0 | ||
2011-07-28 | 2011-06-30 | 0.49 | 0.48 | -0.01 | 2 | ||
2011-05-02 | 2011-03-31 | 0.85 | 0.85 | 0.0 | 0 | ||
2011-01-26 | 2010-12-31 | 0.61 | 0.62 | 0.01 | 1 | ||
2010-10-27 | 2010-09-30 | 0.53 | 0.56 | 0.03 | 5 | ||
2010-07-29 | 2010-06-30 | 0.42 | 0.42 | 0.0 | 0 | ||
2010-04-27 | 2010-03-31 | 0.78 | 0.79 | 0.01 | 1 | ||
2010-02-02 | 2009-12-31 | 0.57 | 0.6 | 0.03 | 5 | ||
2009-11-04 | 2009-09-30 | 0.5 | 0.56 | 0.06 | 12 | ||
2009-07-30 | 2009-06-30 | 0.45 | 0.45 | 0.0 | 0 | ||
2009-05-05 | 2009-03-31 | 0.8 | 0.8 | 0.0 | 0 | ||
2009-02-03 | 2008-12-31 | 0.56 | 0.59 | 0.03 | 5 | ||
2008-11-03 | 2008-09-30 | 0.5 | 0.54 | 0.04 | 8 | ||
2008-07-31 | 2008-06-30 | 0.41 | 0.42 | 0.01 | 2 | ||
2008-05-01 | 2008-03-31 | 0.75 | 0.77 | 0.02 | 2 | ||
2008-02-01 | 2007-12-31 | 0.53 | 0.55 | 0.02 | 3 | ||
2007-10-30 | 2007-09-30 | 0.43 | 0.45 | 0.02 | 4 | ||
2007-07-31 | 2007-06-30 | 0.36 | 0.35 | -0.01 | 2 | ||
2007-05-01 | 2007-03-31 | 0.63 | 0.65 | 0.02 | 3 | ||
2007-02-06 | 2006-12-31 | 0.51 | 0.51 | 0.0 | 0 | ||
2006-10-31 | 2006-09-30 | 0.43 | 0.43 | 0.0 | 0 | ||
2006-08-02 | 2006-06-30 | 0.46 | 0.44 | -0.02 | 4 | ||
2006-04-28 | 2006-03-31 | 0.62 | 0.61 | -0.01 | 1 | ||
2006-01-25 | 2005-12-31 | 0.45 | 0.44 | -0.01 | 2 | ||
2005-10-26 | 2005-09-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2005-07-26 | 2005-06-30 | 0.44 | 0.44 | 0.0 | 0 | ||
2005-04-21 | 2005-03-31 | 0.57 | 0.57 | 0.0 | 0 | ||
2005-01-21 | 2004-12-31 | 0.42 | 0.42 | 0.0 | 0 | ||
2004-10-25 | 2004-09-30 | 0.33 | 0.35 | 0.02 | 6 | ||
2004-07-27 | 2004-06-30 | 0.35 | 0.36 | 0.01 | 2 | ||
2004-04-22 | 2004-03-31 | 0.5 | 0.5 | 0.0 | 0 | ||
2004-01-22 | 2003-12-31 | 0.37 | 0.38 | 0.01 | 2 | ||
2003-10-17 | 2003-09-30 | 0.29 | 0.32 | 0.03 | 10 | ||
2003-07-29 | 2003-06-30 | 0.38 | 0.36 | -0.02 | 5 | ||
2003-04-17 | 2003-03-31 | 0.52 | 0.54 | 0.02 | 3 | ||
2003-01-15 | 2002-12-31 | 0.43 | 0.43 | 0.0 | 0 | ||
2002-10-17 | 2002-09-30 | 0.34 | 0.34 | 0.0 | 0 | ||
2002-07-17 | 2002-06-30 | 0.47 | 0.46 | -0.01 | 2 | ||
2002-04-15 | 2002-03-31 | 0.55 | 0.56 | 0.01 | 1 | ||
2002-01-17 | 2001-12-31 | 0.41 | 0.42 | 0.01 | 2 | ||
2001-10-17 | 2001-09-30 | 0.32 | 0.31 | -0.01 | 3 | ||
2001-08-13 | 2001-06-30 | 0.41 | 0.4 | -0.01 | 2 | ||
2001-04-16 | 2001-03-31 | 0.48 | 0.49 | 0.01 | 2 | ||
2001-01-17 | 2000-12-31 | 0.36 | 0.36 | 0.0 | 0 | ||
2000-10-13 | 2000-09-30 | 0.27 | 0.27 | 0.0 | 0 | ||
2000-08-14 | 2000-06-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2000-04-18 | 2000-03-31 | 0.41 | 0.42 | 0.01 | 2 | ||
2000-01-18 | 1999-12-31 | 0.32 | 0.31 | -0.01 | 3 | ||
1999-10-14 | 1999-09-30 | 0.23 | 0.23 | 0.0 | 0 | ||
1999-08-10 | 1999-06-30 | 0.33 | 0.3 | -0.03 | 9 | ||
1999-04-15 | 1999-03-31 | 0.35 | 0.37 | 0.02 | 5 | ||
1999-01-14 | 1998-12-31 | 0.28 | 0.27 | -0.01 | 3 | ||
1998-10-13 | 1998-09-30 | 0.2 | 0.2 | 0.0 | 0 | ||
1998-08-13 | 1998-06-30 | 0.27 | 0.27 | 0.0 | 0 | ||
1998-04-15 | 1998-03-31 | 0.32 | 0.31 | -0.01 | 3 | ||
1998-01-16 | 1997-12-31 | 0.25 | 0.25 | 0.0 | 0 | ||
1997-10-14 | 1997-09-30 | 0.19 | 0.18 | -0.01 | 5 | ||
1997-08-20 | 1997-06-30 | 0.24 | 0.24 | 0.0 | 0 | ||
1997-04-14 | 1997-03-31 | 0.29 | 0.28 | -0.01 | 3 | ||
1997-01-16 | 1996-12-31 | 0.22 | 0.22 | 0.0 | 0 | ||
1996-10-11 | 1996-09-30 | 0.17 | 0.16 | -0.01 | 5 | ||
1996-08-14 | 1996-06-30 | 0.21 | 0.21 | 0.0 | 0 | ||
1996-04-11 | 1996-03-31 | 0.25 | 0.25 | 0.0 | 0 |
Automatic Data Corporate Management
M Heron | Managing Operations | Profile | |
Jonathan Lehberger | Corporate Officer | Profile | |
David Kwon | Chief VP | Profile | |
Joseph DeSilva | Executive Operations | Profile | |
Don McGuire | Chief Officer | Profile | |
Max Li | Global Officer | Profile |
Already Invested in Automatic Data Processing?
The danger of trading Automatic Data Processing is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Automatic Data is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Automatic Data. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Automatic Data Processing is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Automatic Stock Analysis
When running Automatic Data's price analysis, check to measure Automatic Data'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 Automatic Data is operating at the current time. Most of Automatic Data's value examination focuses on studying past and present price action to predict the probability of Automatic Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automatic Data's price. Additionally, you may evaluate how the addition of Automatic Data to your portfolios can decrease your overall portfolio volatility.