Paycom Software Stock Forecast - Simple Regression
| PAYC Stock | USD 152.40 6.96 4.37% |
The Simple Regression forecasted value of Paycom Software on the next trading day is expected to be 148.64 with a mean absolute deviation of 7.01 and the sum of the absolute errors of 427.46. Paycom Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Paycom Software stock prices and determine the direction of Paycom Software's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Paycom Software's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength indicator of Paycom Software's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.496 | EPS Estimate Next Quarter 2.4711 | EPS Estimate Current Year 9.3023 | EPS Estimate Next Year 10.0744 | Wall Street Target Price 208.7059 |
Using Paycom Software hype-based prediction, you can estimate the value of Paycom Software from the perspective of Paycom Software response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Paycom Software using Paycom Software's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Paycom using crowd psychology based on the activity and movement of Paycom Software's stock price.
Paycom Software Short Interest
A significant increase or decrease in Paycom Software's short interest from the previous month could be a good indicator of investor sentiment towards Paycom. Short interest can provide insight into the potential direction of Paycom Software stock and how bullish or bearish investors feel about the market overall.
200 Day MA 213.2809 | Short Percent 0.0579 | Short Ratio 3.43 | Shares Short Prior Month 2.3 M | 50 Day MA 170.4432 |
Paycom Software Hype to Price Pattern
Investor biases related to Paycom Software's public news can be used to forecast risks associated with an investment in Paycom. The trend in average sentiment can be used to explain how an investor holding Paycom can time the market purely based on public headlines and social activities around Paycom Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Paycom Software's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Paycom Software.
Paycom Software Implied Volatility | 0.65 |
Paycom Software's implied volatility exposes the market's sentiment of Paycom Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Paycom Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Paycom Software stock will not fluctuate a lot when Paycom Software's options are near their expiration.
The Simple Regression forecasted value of Paycom Software on the next trading day is expected to be 148.64 with a mean absolute deviation of 7.01 and the sum of the absolute errors of 427.46. Paycom Software after-hype prediction price | USD 153.44 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Paycom Software to cross-verify your projections. Open Interest Against 2026-02-20 Paycom Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Paycom Software's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Paycom Software's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Paycom Software stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Paycom Software's open interest, investors have to compare it to Paycom Software's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Paycom Software is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Paycom. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Paycom Software Additional Predictive Modules
Most predictive techniques to examine Paycom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Paycom using various technical indicators. When you analyze Paycom 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Paycom Software Simple Regression Price Forecast For the 5th of January
Given 90 days horizon, the Simple Regression forecasted value of Paycom Software on the next trading day is expected to be 148.64 with a mean absolute deviation of 7.01, mean absolute percentage error of 71.00, and the sum of the absolute errors of 427.46.Please note that although there have been many attempts to predict Paycom Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Paycom Software's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Paycom Software Stock Forecast Pattern
| Backtest Paycom Software | Paycom Software Price Prediction | Buy or Sell Advice |
Paycom Software Forecasted Value
In the context of forecasting Paycom Software's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Paycom Software's downside and upside margins for the forecasting period are 146.54 and 150.74, respectively. We have considered Paycom Software's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Paycom Software stock data series using in forecasting. Note that when a statistical model is used to represent Paycom Software stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 122.3732 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 7.0076 |
| MAPE | Mean absolute percentage error | 0.0408 |
| SAE | Sum of the absolute errors | 427.4632 |
Predictive Modules for Paycom Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Paycom Software. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Paycom Software's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Paycom Software
For every potential investor in Paycom, whether a beginner or expert, Paycom Software's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Paycom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Paycom. Basic forecasting techniques help filter out the noise by identifying Paycom Software's price trends.Paycom Software Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Paycom Software stock to make a market-neutral strategy. Peer analysis of Paycom Software could also be used in its relative valuation, which is a method of valuing Paycom Software by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Paycom Software Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Paycom Software's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Paycom Software's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Paycom Software Market Strength Events
Market strength indicators help investors to evaluate how Paycom Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paycom Software shares will generate the highest return on investment. By undertsting and applying Paycom Software stock market strength indicators, traders can identify Paycom Software entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0501 | |||
| Daily Balance Of Power | (0.87) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 155.85 | |||
| Day Typical Price | 154.7 | |||
| Market Facilitation Index | 8.01 | |||
| Price Action Indicator | (6.92) | |||
| Period Momentum Indicator | (6.96) |
Paycom Software Risk Indicators
The analysis of Paycom Software's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Paycom Software's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting paycom stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.41 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.48 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Check out Historical Fundamental Analysis of Paycom Software to cross-verify your projections. For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paycom Software. If investors know Paycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paycom Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.496 | Dividend Share 1.5 | Earnings Share 8.05 | Revenue Per Share | Quarterly Revenue Growth 0.092 |
The market value of Paycom Software is measured differently than its book value, which is the value of Paycom that is recorded on the company's balance sheet. Investors also form their own opinion of Paycom Software's value that differs from its market value or its book value, called intrinsic value, which is Paycom Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paycom Software's market value can be influenced by many factors that don't directly affect Paycom Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paycom Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paycom Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycom Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.