Payfare Stock Price on January 8, 2025
If you're considering investing in Payfare Stock, it is important to understand the factors that can impact its price. Payfare is dangerous given 3 months investment horizon. Payfare maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.41% are justified by taking the suggested risk. Use Payfare Semi Deviation of 1.21, coefficient of variation of 740.94, and Risk Adjusted Performance of 0.1233 to evaluate company specific risk that cannot be diversified away.
Payfare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Payfare |
Sharpe Ratio = 0.135
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | PAY | |||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
10.46 actual daily | 93 93% of assets are less volatile |
Expected Return
1.41 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Payfare is performing at about 10% 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 Payfare by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Payfare Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Payfare cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Payfare January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Payfare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Payfare shares will generate the highest return on investment. By undertsting and applying Payfare stock market strength indicators, traders can identify Payfare entry and exit signals to maximize returns
Payfare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Payfare's price direction in advance. Along with the technical and fundamental analysis of Payfare Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Payfare 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.
Risk Adjusted Performance | 0.1233 | |||
Jensen Alpha | 1.39 | |||
Total Risk Alpha | 0.8408 | |||
Sortino Ratio | 0.5529 | |||
Treynor Ratio | 4.44 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Tools for Payfare Stock
When running Payfare's price analysis, check to measure Payfare'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 Payfare is operating at the current time. Most of Payfare's value examination focuses on studying past and present price action to predict the probability of Payfare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Payfare's price. Additionally, you may evaluate how the addition of Payfare to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
CEOs Directory Screen CEOs from public companies around the world | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |