Paysign Stock Market Value
| PAYS Stock | USD 3.19 0.08 2.45% |
| Symbol | Paysign |
Paysign Price To Book Ratio
Is Internet Services & Infrastructure 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 Paysign. If investors know Paysign 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 Paysign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.344 | Earnings Share 0.14 | Revenue Per Share 1.065 | Quarterly Revenue Growth 0.23 | Return On Assets 0.004 |
The market value of Paysign is measured differently than its book value, which is the value of Paysign that is recorded on the company's balance sheet. Investors also form their own opinion of Paysign's value that differs from its market value or its book value, called intrinsic value, which is Paysign'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 Paysign's market value can be influenced by many factors that don't directly affect Paysign'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 Paysign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paysign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paysign'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.
Paysign '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 Paysign'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 Paysign.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Paysign on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Paysign or generate 0.0% return on investment in Paysign over 30 days. Paysign is related to or competes with GigaCloud Technology, Alarum Technologies, Stem, Pagaya Technologies, Tenable Holdings, CiT, and Nutanix. PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, an... More
Paysign 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 Paysign'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 Paysign upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 11.56 | |||
| Value At Risk | (4.52) | |||
| Potential Upside | 3.57 |
Paysign Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paysign's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paysign's standard deviation. In reality, there are many statistical measures that can use Paysign historical prices to predict the future Paysign's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Paysign's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Paysign Backtested Returns
Paysign maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. Paysign exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paysign's Coefficient Of Variation of (668.99), risk adjusted performance of (0.10), and Variance of 7.33 to confirm the risk estimate we provide. The company holds a Beta of 1.38, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Paysign will likely underperform. At this point, Paysign has a negative expected return of -0.45%. Please make sure to check Paysign's potential upside and day median price , to decide if Paysign performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Paysign has below average predictability. Overlapping area represents the amount of predictability between Paysign time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Paysign price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Paysign price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Paysign lagged returns against current returns
Autocorrelation, which is Paysign 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 Paysign's stock expected returns. We can calculate the autocorrelation of Paysign returns to help us make a trade decision. For example, suppose you find that Paysign 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 |
Paysign 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 Paysign stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Paysign stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Paysign stock over time.
Current vs Lagged Prices |
| Timeline |
Paysign Lagged Returns
When evaluating Paysign's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Paysign stock have on its future price. Paysign 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, Paysign autocorrelation shows the relationship between Paysign stock current value and its past values and can show if there is a momentum factor associated with investing in Paysign.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Paysign Stock Analysis
When running Paysign's price analysis, check to measure Paysign'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 Paysign is operating at the current time. Most of Paysign's value examination focuses on studying past and present price action to predict the probability of Paysign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paysign's price. Additionally, you may evaluate how the addition of Paysign to your portfolios can decrease your overall portfolio volatility.