Payfare Stock Price on July 6, 2024
PYFRF Stock | USD 1.57 0.01 0.63% |
If you're considering investing in Payfare OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Payfare stands at 1.57, as last reported on the 17th of December 2024, with the highest price reaching 1.57 and the lowest price hitting 1.57 during the day. Payfare maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Payfare exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Payfare's Coefficient Of Variation of (969.53), variance of 97.4, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Payfare OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Payfare |
Sharpe Ratio = -0.1076
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Estimated Market Risk
10.02 actual daily | 89 89% of assets are less volatile |
Expected Return
-1.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Payfare is not performing at its full potential. However, 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 Payfare by adding Payfare to a well-diversified portfolio.
Related Headline
Priority Technology Headline on 5th of July 2024
Disposition of 875 shares by Sean Kiewiet of Priority Techno... by Sean Kiewiet
Filed transaction by Priority Technology Holdings Officer: Chief Strategy Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Payfare Valuation on July 6, 2024
It is possible to determine the worth of Payfare on a given historical date. On July 6, 2024 Payfare was worth 4.85 at the beginning of the trading date compared to the closed value of 4.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Payfare otc stock. Still, in general, we apply an absolute valuation method to find Payfare'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 Payfare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Payfare's related companies.
Open | High | Low | Close | Volume | |
5.50 | 5.50 | 5.50 | 5.50 | 1.00 | |
07/05/2024 | 4.85 | 5.15 | 4.50 | 4.55 | 31,836 |
4.64 | 4.64 | 4.42 | 4.42 | 11,750 |
Backtest Payfare | | | Payfare History | | | Payfare Valuation | Previous | Next |
Payfare Trading Date Momentum on July 6, 2024
On July 08 2024 Payfare was traded for 4.42 at the closing time. The highest daily price throughout the period was 4.64 and the lowest price was 4.42 . The daily volume was 11.8 K. The net trading volume on 07/08/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.86% . The trading delta at closing time to current closing price is 0.00% . |
Payfare Fundamentals Correlations and Trends
By evaluating Payfare'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 Payfare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Payfare financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Payfare OTC Stock history
Payfare 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 Payfare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Payfare 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 Payfare stock prices may prove useful in developing a viable investing in Payfare
Payfare Inc., a financial technology company, provides instant payment and digital banking solutions to gig economy workers in Canada, the United States, and Mexico. Payfare Inc. was incorporated in 2012 and is headquartered in Vancouver, Canada. Payfare operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 70 people.
Payfare OTC Stock Technical Analysis
Payfare technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Payfare Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Payfare cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Payfare December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Payfare otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Payfare shares will generate the highest return on investment. By undertsting and applying Payfare otc stock market strength indicators, traders can identify Payfare entry and exit signals to maximize returns
Payfare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Payfare's price direction in advance. Along with the technical and fundamental analysis of Payfare OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Payfare 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 | (0.07) | |||
Jensen Alpha | (0.97) | |||
Total Risk Alpha | (2.06) | |||
Treynor Ratio | 1.31 |
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Complementary Tools for Payfare OTC Stock analysis
When running Payfare's price analysis, check to measure Payfare'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 Payfare is operating at the current time. Most of Payfare's value examination focuses on studying past and present price action to predict the probability of Payfare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Payfare's price. Additionally, you may evaluate how the addition of Payfare to your portfolios can decrease your overall portfolio volatility.
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