CBIZ Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:3em;'>CBI</div>
CBZ -- USA Stock  

USD 22.14  0.32  1.42%

As many baby boomers are indifferent towards industrials space, it makes sense to break down CBIZ Inc against current market trends. As expected, CBIZ is starting to reaffirm its true potential as investors are becoming more and more confident in the future outlook. A lot of the movements of the company stock price movements has been a reflection of what is happening in the market overall. The appearance of strong basic indicators of the company suggests a short-term price swing for investors of CBIZ. CBIZ Inc is scheduled to announce its earnings today. The next earnings report is expected on the 4th of November 2020.
Published over a month ago
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Will CBIZ (NYSE:CBZ) price continue to rise in August?
CBIZ Inc's average rating is Strong Buy from 2 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on CBIZ market sentiment investors' perception of the future value of CBIZ. Let us look at a few aspects of CBIZ technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of CBIZ Inc. In general, we focus on analyzing CBIZ stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CBIZ's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of CBIZ's intrinsic value. In addition to deriving basic predictive indicators for CBIZ, we also check how macroeconomic factors affect CBIZ price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does CBIZ Stands against Peers?

Analyzing CBIZ competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to CBIZ across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out CBIZ Competition Details

How CBIZ utilizes its cash?

To perform a cash flow analysis of CBIZ, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash CBIZ is receiving and how much cash it distributes out in a given period. The CBIZ cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. CBIZ Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. CBIZ reported Net Cash Flow from Operations of 98.19 Million in 2019

CBIZ exotic insider transaction detected

Legal trades by CBIZ insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
CBIZ insider trading alert for general transaction of restricted stock units by Ware Grove, C.F.O., on 3rd of September 2020. This event was filed by Cbiz Inc with SEC on 2020-09-03. Statement of changes in beneficial ownership - SEC Form 4. Ware Grove currently serves as chief financial officer, senior vice president of CBIZ Inc [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at CBIZ Variance

CBIZ Inc has current Variance of 6.77. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.

Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.

Variance 
 = 
SUM(RET DEV)2 
 = 
6.77
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period
Let's now compare CBIZ Variance to its closest peers:
CBZ
IAA
DSS
ARC
PAE
CBZ6.768821461846711
IAA15.17
DSS53.89
ARC70.07
PAE10.85

Some CBIZ technical indicators suggest correction

Standard deviation is down to 2.6. It may suggest a possible volatility slide. CBIZ Inc currently demonstrates below-verage downside deviation. It has Information Ratio of -0.05 and Jensen Alpha of -0.14. However, we do advice investors to further question CBIZ Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Bottom Line On CBIZ Inc

While some other companies within the specialty business services industry are still a little expensive, even after the recent corrections, CBIZ may offer a potential longer-term growth to investors. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither pick up new shares of CBIZ nor short your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to CBIZ.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of CBIZ Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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