Payfare Stock Odds of Future OTC Stock Price Finishing Over 1.57
| PYFRF Stock | USD 1.57 0.01 0.63% |
Payfare |
Payfare Target Price Odds to finish over 1.57
The tendency of Payfare OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1.57 | 90 days | 1.57 | about 65.19 |
Based on a normal probability distribution, the odds of Payfare to move above the current price in 90 days from now is about 65.19 (This Payfare probability density function shows the probability of Payfare OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Payfare has a beta of -0.79 indicating as returns on the benchmark increase, returns on holding Payfare are expected to decrease at a much lower rate. During a bear market, however, Payfare is likely to outperform the market. Additionally Payfare has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Payfare Price Density |
| Price |
Predictive Modules for Payfare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Payfare. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Payfare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Payfare is not an exception. The market had few large corrections towards the Payfare's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Payfare, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Payfare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.97 | |
β | Beta against Dow Jones | -0.79 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | -0.11 |
Payfare Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Payfare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Payfare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Payfare generated a negative expected return over the last 90 days | |
| Payfare has high historical volatility and very poor performance | |
| Payfare may become a speculative penny stock | |
| Payfare has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 43.78 M. Net Loss for the year was (21.37 M) with loss before overhead, payroll, taxes, and interest of (7.04 M). | |
| Payfare has accumulated about 38.2 M in cash with (14.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: ONESPAN INC Hits Fresh High Is There Still Room to Run |
Payfare Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Payfare OTC Stock often depends not only on the future outlook of the current and potential Payfare's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Payfare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.6 M |
Payfare Technical Analysis
Payfare's future price can be derived by breaking down and analyzing its technical indicators over time. Payfare OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Payfare. In general, you should focus on analyzing Payfare OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Payfare Predictive Forecast Models
Payfare's time-series forecasting models is one of many Payfare's otc stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Payfare's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the otc stock market movement and maximize returns from investment trading.
Things to note about Payfare
Checking the ongoing alerts about Payfare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Payfare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Payfare generated a negative expected return over the last 90 days | |
| Payfare has high historical volatility and very poor performance | |
| Payfare may become a speculative penny stock | |
| Payfare has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 43.78 M. Net Loss for the year was (21.37 M) with loss before overhead, payroll, taxes, and interest of (7.04 M). | |
| Payfare has accumulated about 38.2 M in cash with (14.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: ONESPAN INC Hits Fresh High Is There Still Room to Run |
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.