Paysign Stock Price on October 2, 2023
| PAYS Stock | USD 3.50 0.04 1.16% |
Below is the normalized historical share price chart for Paysign extending back to April 02, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Paysign stands at 3.50, as last reported on the 26th of November, with the highest price reaching 3.58 and the lowest price hitting 3.48 during the day.
If you're considering investing in Paysign Stock, it is important to understand the factors that can impact its price. Paysign maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Paysign exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paysign's Coefficient Of Variation of (581.47), variance of 7.85, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
At this time, Paysign's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 153.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 50.3 M in 2024. . Price Earnings Ratio is likely to gain to 23.89 in 2024, whereas Price To Sales Ratio is likely to drop 2.89 in 2024. Paysign Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of April 1998 | 200 Day MA 4.0909 | 50 Day MA 3.9396 | Beta 0.958 |
Paysign |
Sharpe Ratio = -0.1481
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| Negative Returns | PAYS |
Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Paysign is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Paysign by adding Paysign to a well-diversified portfolio.
Price Book 6.5747 | Enterprise Value Ebitda 27.0531 | Price Sales 3.3191 | Shares Float 27.4 M | Wall Street Target Price 6.81 |
Paysign Valuation on October 2, 2023
It is possible to determine the worth of Paysign on a given historical date. On October 2, 2023 Paysign was worth 1.92 at the beginning of the trading date compared to the closed value of 1.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paysign stock. Still, in general, we apply an absolute valuation method to find Paysign's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Paysign where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paysign's related companies.
| Open | High | Low | Close | Volume | |
| 1.95 | 1.97 | 1.92 | 1.95 | 90,535 | |
10/02/2023 | 1.92 | 1.92 | 1.85 | 1.86 | 112,099 |
| 1.84 | 1.89 | 1.82 | 1.83 | 80,501 |
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Paysign Trading Date Momentum on October 2, 2023
| On October 03 2023 Paysign was traded for 1.83 at the closing time. The top price for the day was 1.89 and the lowest listed price was 1.82 . The trading volume for the day was 80.5 K. The trading history from October 3, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.61% . The trading delta at closing time against the current closing price is 3.23% . |
Paysign Fundamentals Correlations and Trends
By evaluating Paysign's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Paysign's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paysign financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paysign Stock history
Paysign investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Paysign is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paysign will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Paysign stock prices may prove useful in developing a viable investing in Paysign
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 54.2 M | 50.3 M | |
| Net Income Applicable To Common Shares | 925 K | 971.2 K |
Paysign Quarterly Net Working Capital |
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Paysign Stock Technical Analysis
Paysign technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Paysign Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Paysign cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Paysign November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Paysign stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paysign shares will generate the highest return on investment. By undertsting and applying Paysign stock market strength indicators, traders can identify Paysign entry and exit signals to maximize returns
Paysign Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paysign's price direction in advance. Along with the technical and fundamental analysis of Paysign Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paysign to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (0.31) |
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Additional Tools for Paysign Stock Analysis
When running Paysign's price analysis, check to measure Paysign'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 Paysign is operating at the current time. Most of Paysign's value examination focuses on studying past and present price action to predict the probability of Paysign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paysign's price. Additionally, you may evaluate how the addition of Paysign to your portfolios can decrease your overall portfolio volatility.