Paycor Enterprise Value Over E B I T D A from 2010 to 2024
| PYCR Stock | USD 18.18 0.70 4.00% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 25.36460272 | Current Value 25.38 | Quarterly Volatility 214.96859253 |
Check Paycor HCM financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paycor HCM's main balance sheet or income statement drivers, such as Depreciation And Amortization of 135.2 M, Interest Expense of 3 M or Selling General Administrative of 189.8 M, as well as many indicators such as Price To Sales Ratio of 3.31, Dividend Yield of 0.0016 or PTB Ratio of 1.68. Paycor financial statements analysis is a perfect complement when working with Paycor HCM Valuation or Volatility modules.
Paycor | Enterprise Value Over E B I T D A |
Latest Paycor HCM's Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Paycor HCM over the last few years. It is Paycor HCM's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paycor HCM's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
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Enterprise Value Over E B I T D A |
| Timeline |
Paycor Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | (160.16) | |
| Coefficient Of Variation | (134.22) | |
| Mean Deviation | 200.53 | |
| Median | (327.26) | |
| Standard Deviation | 214.97 | |
| Sample Variance | 46,211 | |
| Range | 510 | |
| R-Value | 0.82 | |
| Mean Square Error | 16,574 | |
| R-Squared | 0.67 | |
| Significance | 0.0002 | |
| Slope | 39.26 | |
| Total Sum of Squares | 646,961 |
Paycor Enterprise Value Over E B I T D A History
About Paycor HCM Financial Statements
Paycor HCM shareholders use historical fundamental indicators, such as Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Paycor HCM investors may analyze each financial statement separately, they are all interrelated. The changes in Paycor HCM's assets and liabilities, for example, are also reflected in the revenues and expenses on on Paycor HCM's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 25.36 | 25.38 |
Pair Trading with Paycor HCM
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paycor HCM position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paycor HCM will appreciate offsetting losses from the drop in the long position's value.Moving together with Paycor Stock
Moving against Paycor Stock
| 0.81 | CVEO | Civeo Corp | PairCorr |
| 0.58 | MMS | Maximus | PairCorr |
| 0.57 | FA | First Advantage Corp | PairCorr |
| 0.48 | WHLM | Wilhelmina | PairCorr |
| 0.47 | PFMT | Performant Financial | PairCorr |
The ability to find closely correlated positions to Paycor HCM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paycor HCM 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 Paycor HCM - 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 Paycor HCM to buy it.
The correlation of Paycor HCM 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paycor HCM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paycor HCM moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Paycor HCM can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Paycor Stock Analysis
When running Paycor HCM's price analysis, check to measure Paycor HCM'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 Paycor HCM is operating at the current time. Most of Paycor HCM's value examination focuses on studying past and present price action to predict the probability of Paycor HCM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycor HCM's price. Additionally, you may evaluate how the addition of Paycor HCM to your portfolios can decrease your overall portfolio volatility.