Payfare Correlations

PYFRF Stock

USD 1.43 0.01 0.69%

The current 90-days correlation between Payfare and LiveVox Holdings is 0.11 (i.e., Average diversification). The correlation of Payfare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

The ability to find closely correlated positions to Payfare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Payfare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Payfare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Payfare to buy it.

Moving together with Payfare OTC Stock

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0.63	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Moving against Payfare OTC Stock

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0.39	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Related Correlations Analysis

	PRTH	CYRNQ	RPAY	RDWR	LVOX	GB	RKNEF	SANG	EVTC	LSAK
PRTH		0.0	0.25	0.55	-0.16	0.42	0.0	0.54	0.84	0.16	PRTH
CYRNQ	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	CYRNQ
RPAY	0.25	0.0		-0.21	0.06	-0.03	0.0	0.19	0.41	-0.14	RPAY
RDWR	0.55	0.0	-0.21		-0.04	0.21	0.0	0.59	0.42	0.49	RDWR
LVOX	-0.16	0.0	0.06	-0.04		-0.19	0.0	-0.18	-0.07	-0.1	LVOX
GB	0.42	0.0	-0.03	0.21	-0.19		0.0	0.45	0.5	0.24	GB
RKNEF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	RKNEF
SANG	0.54	0.0	0.19	0.59	-0.18	0.45	0.0		0.6	0.56	SANG
EVTC	0.84	0.0	0.41	0.42	-0.07	0.5	0.0	0.6		0.19	EVTC
LSAK	0.16	0.0	-0.14	0.49	-0.1	0.24	0.0	0.56	0.19		LSAK
	PRTH	CYRNQ	RPAY	RDWR	LVOX	GB	RKNEF	SANG	EVTC	LSAK

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

EVTC	+ 0.84	PRTH
EVTC	+ 0.6	SANG
SANG	+ 0.59	RDWR
LSAK	+ 0.56	SANG
RDWR	+ 0.55	PRTH
SANG	+ 0.54	PRTH

High negative correlations

RDWR	- 0.21	RPAY
GB	- 0.19	LVOX
SANG	- 0.18	LVOX
LVOX	- 0.16	PRTH
LSAK	- 0.14	RPAY
LSAK	- 0.1	LVOX

Risk-Adjusted Indicators

There is a big difference between Payfare OTC Stock performing well and Payfare OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Payfare's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PRTH	4.12	0.57	0.23	0.29	3.22	(5.09)	11.79	(5.60)	22.62
CYRNQ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RPAY	1.64	(0.21)	0.00	(0.01)	0.00	0.00	3.01	(3.56)	15.69
RDWR	1.42	0.09	0.02	0.31	1.41	(1.77)	4.03	(2.51)	10.31
LVOX	2.06	(0.10)	0.00	(0.04)	0.00	0.00	4.81	(4.26)	19.68
GB	2.75	0.45	0.08	34.43	3.53	(3.04)	6.48	(5.13)	23.79
RKNEF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SANG	2.06	0.16	0.04	0.47	2.35	(2.42)	4.17	(3.85)	21.17
EVTC	1.21	(0.01)	0.00	0.11	1.59	(1.23)	2.43	(2.66)	8.27
LSAK	2.01	0.26	0.03	(0.48)	2.42	(2.35)	4.74	(4.21)	18.75

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Our tools can tell you how much better you can do entering a position in Payfare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Payfare Corporate Management

Elected by the shareholders, the Payfare's board of directors comprises two types of representatives: Payfare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Payfare. The board's role is to monitor Payfare's management team and ensure that shareholders' interests are well served. Payfare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Payfare's outside directors are responsible for providing unbiased perspectives on the board's policies.

Su Chun	Chief Support	Profile
Marco Margiotta	CEO CoFounder	Profile
Kamran Haidari	Chief Officer	Profile
Charles Park	CFO Sec	Profile
Keith McKenzie	CoFounder Director	Profile
Ryan Deslippe	CoFounder Officer	Profile
Cihan CFA	Head Devel	Profile

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