Paylocity Holdng Stock Alpha and Beta Analysis
| PCTY Stock | USD 202.71 0.96 0.48% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Paylocity Holdng. It also helps investors analyze the systematic and unsystematic risks associated with investing in Paylocity Holdng over a specified time horizon. Remember, high Paylocity Holdng's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Paylocity Holdng's market risk premium analysis include:
Beta 1.53 | Alpha 0.26 | Risk 1.94 | Sharpe Ratio 0.19 | Expected Return 0.37 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Paylocity |
Paylocity Holdng Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Paylocity Holdng market risk premium is the additional return an investor will receive from holding Paylocity Holdng long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Paylocity Holdng. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Paylocity Holdng's performance over market.| α | 0.26 | β | 1.53 |
Paylocity Holdng expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Paylocity Holdng's Buy-and-hold return. Our buy-and-hold chart shows how Paylocity Holdng performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Paylocity Holdng Market Price Analysis
Market price analysis indicators help investors to evaluate how Paylocity Holdng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paylocity Holdng shares will generate the highest return on investment. By understating and applying Paylocity Holdng stock market price indicators, traders can identify Paylocity Holdng position entry and exit signals to maximize returns.
Paylocity Holdng Return and Market Media
The median price of Paylocity Holdng for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 165.99 with a coefficient of variation of 10.2. The daily time series for the period is distributed with a sample standard deviation of 17.67, arithmetic mean of 173.28, and mean deviation of 14.12. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 9 shares by Andrew Cappotelli of Paylocity Holdng subject to Rule 16b-3 | 08/29/2024 |
2 | Disposition of tradable shares by Andrew Cappotelli of Paylocity Holdng at 161.4 subject to Rule 16b-3 | 09/03/2024 |
3 | Disposition of 5633 shares by Williams Toby J. of Paylocity Holdng subject to Rule 16b-3 | 09/10/2024 |
4 | Acquisition by Joshua Scutt of 676 shares of Paylocity Holdng subject to Rule 16b-3 | 09/12/2024 |
5 | Disposition of tradable shares by Nicholas Rost of Paylocity Holdng at 162.58 subject to Rule 16b-3 | 09/23/2024 |
6 | Disposition of 132 shares by Nicholas Rost of Paylocity Holdng at 165.06 subject to Rule 16b-3 | 09/24/2024 |
7 | Disposition of 658 shares by Rachit Lohani of Paylocity Holdng at 162.83 subject to Rule 16b-3 | 10/02/2024 |
8 | Paylocity Earns Buy Rating from Needham Company LLC | 10/17/2024 |
9 | Needham Company LLC Raises Paylocity Price Target to 220.00 | 10/31/2024 |
10 | Disposition of 790 shares by Diehl Jeffrey T of Paylocity Holdng at 212.93 subject to Rule 16b-3 | 11/06/2024 |
11 | Paylocity director Steven Sarowitz sells 3.7 million in shares | 11/07/2024 |
12 | Paylocity director Jeffrey Diehl sells shares worth 13.07 million | 11/12/2024 |
13 | Paylocity director Jeffrey Diehl sells over 8 million in shares | 11/13/2024 |
14 | Paylocity director Steven Sarowitz sells 2.8 million in stock | 11/14/2024 |
15 | Paylocity Holding Director Trades 7.67M In Company Stock | 11/15/2024 |
16 | Disposition of 492 shares by Steven Sarowitz of Paylocity Holdng at 198.33 subject to Rule 16b-3 | 11/18/2024 |
17 | Disposition of 340 shares by Steven Sarowitz of Paylocity Holdng at 196.08 subject to Rule 16b-3 | 11/19/2024 |
18 | Paylocity Holding Co. CAO Sells 40,977.48 in Stock | 11/21/2024 |
About Paylocity Holdng Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Paylocity or other stocks. Alpha measures the amount that position in Paylocity Holdng has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 6.74 | 7.8 | 8.59 | 9.02 | PTB Ratio | 15.65 | 12.2 | 7.18 | 6.82 |
Paylocity Holdng Upcoming Company Events
As portrayed in its financial statements, the presentation of Paylocity Holdng's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paylocity Holdng's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Paylocity Holdng's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Paylocity Holdng. Please utilize our Beneish M Score to check the likelihood of Paylocity Holdng's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
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Additional Tools for Paylocity Stock Analysis
When running Paylocity Holdng's price analysis, check to measure Paylocity Holdng'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 Paylocity Holdng is operating at the current time. Most of Paylocity Holdng's value examination focuses on studying past and present price action to predict the probability of Paylocity Holdng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paylocity Holdng's price. Additionally, you may evaluate how the addition of Paylocity Holdng to your portfolios can decrease your overall portfolio volatility.