Corpay Inc Stock Statistic Functions Beta

CPAY Stock   343.83  4.74  1.40%   
Corpay statistic functions tool provides the execution environment for running the Beta function and other technical functions against Corpay. Corpay value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Corpay statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Corpay Inc correlated with the market. If Beta is less than 0 Corpay generally moves in the opposite direction as compared to the market. If Corpay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Corpay Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Corpay is generally in the same direction as the market. If Beta > 1 Corpay moves generally in the same direction as, but more than the movement of the benchmark.

Corpay Technical Analysis Modules

Most technical analysis of Corpay help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Corpay from various momentum indicators to cycle indicators. When you analyze Corpay charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Corpay Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Corpay Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Corpay Inc based on widely used predictive technical indicators. In general, we focus on analyzing Corpay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Corpay's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Corpay's intrinsic value. In addition to deriving basic predictive indicators for Corpay, we also check how macroeconomic factors affect Corpay price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding230.98356.97336.92371.58
PTB Ratio6.415.466.284.61
Hype
Prediction
LowEstimatedHigh
341.69343.28344.87
Details
Intrinsic
Valuation
LowRealHigh
342.50344.09345.68
Details
Naive
Forecast
LowNextHigh
332.78334.37335.95
Details
18 Analysts
Consensus
LowTargetHigh
291.14319.93355.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Corpay. Your research has to be compared to or analyzed against Corpay's peers to derive any actionable benefits. When done correctly, Corpay's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Corpay Inc.

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Additional Tools for Corpay Stock Analysis

When running Corpay's price analysis, check to measure Corpay'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 Corpay is operating at the current time. Most of Corpay's value examination focuses on studying past and present price action to predict the probability of Corpay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corpay's price. Additionally, you may evaluate how the addition of Corpay to your portfolios can decrease your overall portfolio volatility.