Shift4 Payments Stock Market Value
| FOUR Stock | USD 109.78 0.50 0.46% |
| Symbol | Shift4 |
Shift4 Payments Price To Book Ratio
Is Data Processing & Outsourced Services 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 Shift4 Payments. If investors know Shift4 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 Shift4 Payments 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 0.346 | Earnings Share 1.8 | Revenue Per Share 47.586 | Return On Assets 0.0392 | Return On Equity 0.2195 |
The market value of Shift4 Payments is measured differently than its book value, which is the value of Shift4 that is recorded on the company's balance sheet. Investors also form their own opinion of Shift4 Payments' value that differs from its market value or its book value, called intrinsic value, which is Shift4 Payments' 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 Shift4 Payments' market value can be influenced by many factors that don't directly affect Shift4 Payments' 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 Shift4 Payments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shift4 Payments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shift4 Payments' 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.
Shift4 Payments 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Shift4 Payments' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Shift4 Payments.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Shift4 Payments on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Shift4 Payments or generate 0.0% return on investment in Shift4 Payments over 540 days. Shift4 Payments is related to or competes with Oneconnect Financial, Global Business, Alight, CS Disco, HeartCore Enterprises, Infobird, and Smartsheet. Shift4 Payments, Inc. provides integrated payment processing and technology solutions in the United States More
Shift4 Payments Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Shift4 Payments' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Shift4 Payments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.1701 | |||
| Maximum Drawdown | 14.4 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 3.72 |
Shift4 Payments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shift4 Payments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shift4 Payments' standard deviation. In reality, there are many statistical measures that can use Shift4 Payments historical prices to predict the future Shift4 Payments' volatility.| Risk Adjusted Performance | 0.1806 | |||
| Jensen Alpha | 0.2551 | |||
| Total Risk Alpha | 0.1498 | |||
| Sortino Ratio | 0.1996 | |||
| Treynor Ratio | 0.2402 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shift4 Payments' 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.
Shift4 Payments Backtested Returns
Shift4 Payments appears to be very steady, given 3 months investment horizon. Shift4 Payments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting Shift4 Payments' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Shift4 Payments' Risk Adjusted Performance of 0.1806, coefficient of variation of 440.95, and Semi Deviation of 1.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shift4 Payments holds a performance score of 16. The entity has a beta of 2.14, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shift4 Payments will likely underperform. Please check Shift4 Payments' semi variance, and the relationship between the sortino ratio and rate of daily change , to make a quick decision on whether Shift4 Payments' existing price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Shift4 Payments has good predictability. Overlapping area represents the amount of predictability between Shift4 Payments time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Shift4 Payments price movement. The serial correlation of 0.69 indicates that around 69.0% of current Shift4 Payments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 140.02 |
Shift4 Payments lagged returns against current returns
Autocorrelation, which is Shift4 Payments stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Shift4 Payments' stock expected returns. We can calculate the autocorrelation of Shift4 Payments returns to help us make a trade decision. For example, suppose you find that Shift4 Payments has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Shift4 Payments regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Shift4 Payments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shift4 Payments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shift4 Payments stock over time.
Current vs Lagged Prices |
| Timeline |
Shift4 Payments Lagged Returns
When evaluating Shift4 Payments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shift4 Payments stock have on its future price. Shift4 Payments autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Shift4 Payments autocorrelation shows the relationship between Shift4 Payments stock current value and its past values and can show if there is a momentum factor associated with investing in Shift4 Payments.
Regressed Prices |
| Timeline |
Pair Trading with Shift4 Payments
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 Shift4 Payments 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 Shift4 Payments will appreciate offsetting losses from the drop in the long position's value.Moving together with Shift4 Stock
Moving against Shift4 Stock
| 0.79 | VCIG | VCI Global Limited | PairCorr |
| 0.76 | DLHC | DLH Holdings Corp Fiscal Year End 4th of December 2024 | PairCorr |
| 0.49 | MG | Mistras Group | PairCorr |
| 0.4 | VLTO | Veralto | PairCorr |
| 0.33 | FC | Franklin Covey | PairCorr |
The ability to find closely correlated positions to Shift4 Payments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shift4 Payments 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 Shift4 Payments - 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 Shift4 Payments to buy it.
The correlation of Shift4 Payments 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 Shift4 Payments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shift4 Payments 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 Shift4 Payments 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 Shift4 Stock Analysis
When running Shift4 Payments' price analysis, check to measure Shift4 Payments' 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 Shift4 Payments is operating at the current time. Most of Shift4 Payments' value examination focuses on studying past and present price action to predict the probability of Shift4 Payments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shift4 Payments' price. Additionally, you may evaluate how the addition of Shift4 Payments to your portfolios can decrease your overall portfolio volatility.