Payfare Stock Market Value
| PYFRF Stock | USD 2.71 0.02 0.74% |
| Symbol | Payfare |
Payfare '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 Payfare's otc 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 Payfare.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Payfare on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Payfare or generate 0.0% return on investment in Payfare over 30 days. Payfare is related to or competes with Priority Technology, Repay Holdings, Radware, Global Blue, Optiva, Sangoma Technologies, and Evertec. Payfare Inc., a financial technology company, provides instant payment and digital banking solutions to gig economy work... More
Payfare 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 Payfare's otc 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 Payfare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.1176 | |||
| Maximum Drawdown | 78.66 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 3.92 |
Payfare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payfare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Payfare's standard deviation. In reality, there are many statistical measures that can use Payfare historical prices to predict the future Payfare's volatility.| Risk Adjusted Performance | 0.1114 | |||
| Jensen Alpha | 1.18 | |||
| Total Risk Alpha | 0.8813 | |||
| Sortino Ratio | 0.4916 | |||
| Treynor Ratio | (5.44) |
Payfare Backtested Returns
Payfare is extremely dangerous given 3 months investment horizon. Payfare maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Payfare Coefficient Of Variation of 824.95, semi deviation of 1.26, and Risk Adjusted Performance of 0.1114 to evaluate company specific risk that cannot be diversified away. Payfare holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of -0.22, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Payfare are expected to decrease at a much lower rate. During the bear market, Payfare is likely to outperform the market. Use Payfare downside variance, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Payfare.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Payfare has insignificant reverse predictability. Overlapping area represents the amount of predictability between Payfare time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Payfare price movement. The serial correlation of -0.18 indicates that over 18.0% of current Payfare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Payfare lagged returns against current returns
Autocorrelation, which is Payfare otc 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 Payfare's otc stock expected returns. We can calculate the autocorrelation of Payfare returns to help us make a trade decision. For example, suppose you find that Payfare has exhibited high autocorrelation historically, and you observe that the otc 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 |
Payfare 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 Payfare otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Payfare otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Payfare otc stock over time.
Current vs Lagged Prices |
| Timeline |
Payfare Lagged Returns
When evaluating Payfare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Payfare otc stock have on its future price. Payfare 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, Payfare autocorrelation shows the relationship between Payfare otc stock current value and its past values and can show if there is a momentum factor associated with investing in Payfare.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Payfare OTC Stock
Payfare financial ratios help investors to determine whether Payfare OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Payfare with respect to the benefits of owning Payfare security.