Payton L (Israel) Market Value
| PAYT Stock | ILS 6,950 152.00 2.24% |
| 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.
| 09/09/2023 |
| 03/02/2025 |
If you would invest 0.00 in Payton L on September 9, 2023 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 540 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 | 2.72 | |||
| Information Ratio | 0.0379 | |||
| Maximum Drawdown | 14.14 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 3.23 |
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 | 0.0304 | |||
| Jensen Alpha | 0.0568 | |||
| Total Risk Alpha | 0.133 | |||
| Sortino Ratio | 0.0315 | |||
| Treynor Ratio | (0.25) |
Payton L Backtested Returns
Payton L maintains Sharpe Ratio (i.e., Efficiency) of -0.0271, which implies the firm had a -0.0271 % return per unit of risk over the last 3 months. Payton L exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Payton L's Risk Adjusted Performance of 0.0304, semi deviation of 2.44, and Coefficient Of Variation of 3111.77 to confirm the risk estimate we provide. The company holds a Beta of -0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Payton L are expected to decrease at a much lower rate. During the bear market, Payton L is likely to outperform the market. At this point, Payton L has a negative expected return of -0.0669%. Please make sure to check Payton L's potential upside, semi variance, and the relationship between the value at risk and downside variance , to decide if Payton L performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.72 |
Good predictability
Payton L has good predictability. Overlapping area represents the amount of predictability between Payton L time series from 9th of September 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 0.72 indicates that around 72.0% of current Payton L price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 192.5 K |
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.