Dayforce Standard Deviation
| DAY Stock | | | 69.97 0.00 0.00% |
Dayforce standard deviation lookup summarizes this and related technical indicators for Dayforce. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Dayforce has a market cap of 11.18 B, operating margin of -25.83%, ROE of -5.71%. Use
Investing Opportunities to explore allocation context. 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.
Dayforce has current Standard Deviation of 0.2321. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard Deviation | = | SQRT(V) |
| = | 0.2321 | |
Dayforce Standard Deviation Peers Comparison
Dayforce Standard Deviation Relative To Other Indicators
Dayforce is rated
below average in standard deviation among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
4.00 of Maximum Drawdown per Standard Deviation. At
4.00 , Dayforce's Maximum Drawdown-to-Standard Deviation multiple reflects the spread between these metrics
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
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