Paymentus Stock Based Compensation vs Exchange Rate Changes Analysis

PAY Stock  USD 34.35  0.61  1.74%   
Paymentus Holdings financial indicator trend analysis is much more than just breaking down Paymentus Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paymentus Holdings is a good investment. Please check the relationship between Paymentus Holdings Stock Based Compensation and its Exchange Rate Changes accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paymentus Holdings. 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.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.

Stock Based Compensation vs Exchange Rate Changes

Stock Based Compensation vs Exchange Rate Changes Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paymentus Holdings Stock Based Compensation account and Exchange Rate Changes. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Paymentus Holdings' Stock Based Compensation and Exchange Rate Changes is -0.35. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Exchange Rate Changes in the same time period over historical financial statements of Paymentus Holdings, assuming nothing else is changed. The correlation between historical values of Paymentus Holdings' Stock Based Compensation and Exchange Rate Changes is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Paymentus Holdings are associated (or correlated) with its Exchange Rate Changes. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Exchange Rate Changes has no effect on the direction of Stock Based Compensation i.e., Paymentus Holdings' Stock Based Compensation and Exchange Rate Changes go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Exchange Rate Changes

The impact of changes in foreign exchange rates on a company's financial position and results.
Most indicators from Paymentus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paymentus Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paymentus Holdings. 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.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.Enterprise Value is likely to rise to about 3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 34.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit121.4M149.7M182.3M173.2M
Total Revenue395.5M497.0M614.5M1.0B

Paymentus Holdings fundamental ratios Correlations

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Paymentus Holdings Account Relationship Matchups

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