Ceridian HCM Shares Owned By Institutions vs. Gross Profit
| CDAYDelisted Stock | USD 68.42 0.65 0.94% |
For Ceridian HCM profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ceridian HCM to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ceridian HCM Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ceridian HCM's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ceridian HCM Holding over time as well as its relative position and ranking within its peers.
Ceridian |
Ceridian HCM Holding Gross Profit vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ceridian HCM's current stock value. Our valuation model uses many indicators to compare Ceridian HCM value to that of its competitors to determine the firm's financial worth. Ceridian HCM Holding is rated fifth in shares owned by institutions category among its peers. It is rated below average in gross profit category among its peers fabricating about 5,616,660 of Gross Profit per Shares Owned By Institutions. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ceridian HCM by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ceridian HCM's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ceridian Gross Profit vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Ceridian HCM |
| = | 98.92 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Ceridian HCM |
| = | 555.6 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Ceridian Gross Profit Comparison
Ceridian HCM is currently under evaluation in gross profit category among its peers.
Ceridian HCM Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ceridian HCM, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ceridian HCM will eventually generate negative long term returns. The profitability progress is the general direction of Ceridian HCM's change in net profit over the period of time. It can combine multiple indicators of Ceridian HCM, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ceridian HCM. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ceridian HCM position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ceridian HCM's important profitability drivers and their relationship over time.
Use Ceridian HCM in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ceridian HCM position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ceridian HCM will appreciate offsetting losses from the drop in the long position's value.Ceridian HCM Pair Trading
Ceridian HCM Holding Pair Trading Analysis
The ability to find closely correlated positions to Ceridian HCM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ceridian HCM when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ceridian HCM - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ceridian HCM Holding to buy it.
The correlation of Ceridian HCM is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ceridian HCM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ceridian HCM Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ceridian HCM can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ceridian HCM position
In addition to having Ceridian HCM in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ESG Investing Theme or any other thematic opportunities.
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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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