Payton L (Israel) Market Value
| PAYT Stock | ILS 6,880 19.00 0.28% |
| Symbol | Payton |
Payton L '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 Payton L'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 Payton L.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Payton L on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Payton L or generate 0.0% return on investment in Payton L over 90 days. Payton L is related to or competes with Payton Planar, Telsys, Raval ACS, Automatic Bank, and Maytronics. Payton Industries Ltd. develops, manufactures, and sells transformers for companies in communications, military, and med... More
Payton L 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 Payton L'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 Payton L upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | 0.1888 | |||
| Maximum Drawdown | 9.49 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.31 |
Payton L Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payton L's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Payton L's standard deviation. In reality, there are many statistical measures that can use Payton L historical prices to predict the future Payton L's volatility.| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 0.2001 | |||
| Total Risk Alpha | 0.3637 | |||
| Sortino Ratio | 0.1931 | |||
| Treynor Ratio | 0.766 |
Payton L Backtested Returns
At this point, Payton L is very steady. Payton L maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Payton L, which you can use to evaluate the volatility of the company. Please check Payton L's Semi Deviation of 1.2, risk adjusted performance of 0.1113, and Coefficient Of Variation of 812.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Payton L has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Payton L's returns are expected to increase less than the market. However, during the bear market, the loss of holding Payton L is expected to be smaller as well. Payton L right now holds a risk of 1.51%. Please check Payton L potential upside, semi variance, and the relationship between the value at risk and downside variance , to decide if Payton L will be following its historical price patterns.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Payton L has insignificant reverse predictability. Overlapping area represents the amount of predictability between Payton L time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Payton L price movement. The serial correlation of -0.19 indicates that over 19.0% of current Payton L price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 9201.72 |
Payton L lagged returns against current returns
Autocorrelation, which is Payton L 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 Payton L's stock expected returns. We can calculate the autocorrelation of Payton L returns to help us make a trade decision. For example, suppose you find that Payton L 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 |
Payton L 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 Payton L stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Payton L stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Payton L stock over time.
Current vs Lagged Prices |
| Timeline |
Payton L Lagged Returns
When evaluating Payton L's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Payton L stock have on its future price. Payton L 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, Payton L autocorrelation shows the relationship between Payton L stock current value and its past values and can show if there is a momentum factor associated with investing in Payton L.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Payton Stock
Payton L financial ratios help investors to determine whether Payton Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Payton with respect to the benefits of owning Payton L security.