Paychex Stock Price on April 2, 2024
| PAYX Stock | USD 146.27 0.56 0.38% |
Below is the normalized historical share price chart for Paychex extending back to November 05, 1984. 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 Paychex stands at 146.27, as last reported on the 30th of November, with the highest price reaching 146.62 and the lowest price hitting 145.37 during the day.
If you're considering investing in Paychex Stock, it is important to understand the factors that can impact its price. At this stage we consider Paychex Stock to be very steady. Paychex maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Paychex, which you can use to evaluate the volatility of the company. Please check Paychex's Coefficient Of Variation of 657.54, risk adjusted performance of 0.1204, and Semi Deviation of 0.5502 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, Paychex's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 10.9 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 300.6 M in 2024. . At this time, Paychex's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 12.57 in 2024, whereas Price To Sales Ratio is likely to drop 5.70 in 2024. Paychex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 127.9238 | 50 Day MA 140.8742 | Beta 0.987 |
Paychex |
Sharpe Ratio = 0.1387
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Paychex is performing at about 10% of its full potential. 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 Paychex by adding it to a well-diversified portfolio.
Price Book 13.6196 | Enterprise Value Ebitda 21.2527 | Price Sales 9.9123 | Shares Float 321.3 M | Dividend Share 3.74 |
Paychex Valuation on April 2, 2024
It is possible to determine the worth of Paychex on a given historical date. On April 2, 2024 Paychex was worth 113.95 at the beginning of the trading date compared to the closed value of 119.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paychex stock. Still, in general, we apply an absolute valuation method to find Paychex'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 Paychex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paychex's related companies.
| Open | High | Low | Close | Volume | |
| 120.24 | 120.32 | 118.53 | 118.89 | 2,815,168 | |
04/02/2024 | 113.95 | 119.83 | 112.14 | 119.34 | 5,003,850 |
| 119.28 | 119.31 | 116.55 | 117.56 | 2,484,970 |
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Paychex Trading Date Momentum on April 2, 2024
| On April 03 2024 Paychex was traded for 117.56 at the closing time. The top price for the day was 119.31 and the lowest listed price was 116.55 . The trading volume for the day was 2.5 M. The trading history from April 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.49% . The trading delta at closing time against the current closing price is 1.30% . |
Paychex Fundamentals Correlations and Trends
By evaluating Paychex'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 Paychex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paychex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paychex Stock history
Paychex 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 Paychex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paychex 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 Paychex stock prices may prove useful in developing a viable investing in Paychex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 362.1 M | 300.6 M | |
| Net Income Applicable To Common Shares | 1.8 B | 1.9 B |
Paychex Quarterly Net Working Capital |
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Paychex Stock Technical Analysis
Paychex 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
Paychex Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Paychex 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.
Paychex November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Paychex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paychex shares will generate the highest return on investment. By undertsting and applying Paychex stock market strength indicators, traders can identify Paychex entry and exit signals to maximize returns
Paychex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paychex's price direction in advance. Along with the technical and fundamental analysis of Paychex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paychex 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 | 0.1204 | |||
| Jensen Alpha | 0.0673 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.072 | |||
| Treynor Ratio | 0.1992 |
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Additional Tools for Paychex Stock Analysis
When running Paychex's price analysis, check to measure Paychex'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 Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.