Nayax Stock Market Value
| NYAX Stock | USD 37.97 0.53 1.38% |
| Symbol | Nayax |
Nayax Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nayax. If investors know Nayax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nayax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share | Quarterly Revenue Growth 0.39 | Return On Assets | Return On Equity |
The market value of Nayax is measured differently than its book value, which is the value of Nayax that is recorded on the company's balance sheet. Investors also form their own opinion of Nayax's value that differs from its market value or its book value, called intrinsic value, which is Nayax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nayax's market value can be influenced by many factors that don't directly affect Nayax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nayax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nayax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nayax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nayax 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nayax's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nayax.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Nayax on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Nayax or generate 0.0% return on investment in Nayax over 30 days. Nayax is related to or competes with Hackett, CSP, Formula Systems, and Information Services. Nayax Ltd., a fintech company, operates system and payment platform worldwide More
Nayax Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nayax's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nayax upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.1641 | |||
| Maximum Drawdown | 13.23 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 5.09 |
Nayax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nayax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nayax's standard deviation. In reality, there are many statistical measures that can use Nayax historical prices to predict the future Nayax's volatility.| Risk Adjusted Performance | 0.132 | |||
| Jensen Alpha | 0.4344 | |||
| Total Risk Alpha | 0.4174 | |||
| Sortino Ratio | 0.2021 | |||
| Treynor Ratio | 3.18 |
Nayax Backtested Returns
Nayax appears to be very steady, given 3 months investment horizon. Nayax has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Nayax, which you can use to evaluate the volatility of the firm. Please exercise Nayax's Risk Adjusted Performance of 0.132, downside deviation of 2.13, and Mean Deviation of 1.96 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nayax holds a performance score of 13. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nayax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nayax is expected to be smaller as well. Please check Nayax's treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to make a quick decision on whether Nayax's current price movements will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Nayax has modest reverse predictability. Overlapping area represents the amount of predictability between Nayax time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nayax price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Nayax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Nayax lagged returns against current returns
Autocorrelation, which is Nayax stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nayax's stock expected returns. We can calculate the autocorrelation of Nayax returns to help us make a trade decision. For example, suppose you find that Nayax has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nayax regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nayax stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nayax stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nayax stock over time.
Current vs Lagged Prices |
| Timeline |
Nayax Lagged Returns
When evaluating Nayax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nayax stock have on its future price. Nayax autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nayax autocorrelation shows the relationship between Nayax stock current value and its past values and can show if there is a momentum factor associated with investing in Nayax.
Regressed Prices |
| Timeline |
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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.Additional Tools for Nayax Stock Analysis
When running Nayax's price analysis, check to measure Nayax'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 Nayax is operating at the current time. Most of Nayax's value examination focuses on studying past and present price action to predict the probability of Nayax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nayax's price. Additionally, you may evaluate how the addition of Nayax to your portfolios can decrease your overall portfolio volatility.