PAYPAL HOLDINGS INC Market Value
| 70450YAD5 | 93.53 3.30 3.41% |
| Symbol | PAYPAL |
PAYPAL '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 PAYPAL's bond 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 PAYPAL.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in PAYPAL on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding PAYPAL HOLDINGS INC or generate 0.0% return on investment in PAYPAL over 30 days. PAYPAL is related to or competes with ATRenew, Kite Realty, Bridgford Foods, SunOpta, Lifevantage, Village Super, and Hf Foods. More
PAYPAL 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 PAYPAL's bond 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 PAYPAL HOLDINGS INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 0.6459 |
PAYPAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PAYPAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PAYPAL's standard deviation. In reality, there are many statistical measures that can use PAYPAL historical prices to predict the future PAYPAL's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 2.84 |
PAYPAL HOLDINGS INC Backtested Returns
PAYPAL HOLDINGS INC maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the bond had a -0.13% return per unit of standard deviation over the last 3 months. PAYPAL HOLDINGS INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PAYPAL's Variance of 1.34, mean deviation of 0.4651, and Market Risk Adjusted Performance of 2.85 to confirm the risk estimate we provide. The entity holds a Beta of -0.0221, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PAYPAL are expected to decrease at a much lower rate. During the bear market, PAYPAL is likely to outperform the market.
Auto-correlation | -0.3 |
Weak reverse predictability
PAYPAL HOLDINGS INC has weak reverse predictability. Overlapping area represents the amount of predictability between PAYPAL time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 PAYPAL HOLDINGS INC price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current PAYPAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PAYPAL HOLDINGS INC lagged returns against current returns
Autocorrelation, which is PAYPAL bond'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 PAYPAL's bond expected returns. We can calculate the autocorrelation of PAYPAL returns to help us make a trade decision. For example, suppose you find that PAYPAL has exhibited high autocorrelation historically, and you observe that the bond 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 |
PAYPAL 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 PAYPAL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PAYPAL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PAYPAL bond over time.
Current vs Lagged Prices |
| Timeline |
PAYPAL Lagged Returns
When evaluating PAYPAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PAYPAL bond have on its future price. PAYPAL 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, PAYPAL autocorrelation shows the relationship between PAYPAL bond current value and its past values and can show if there is a momentum factor associated with investing in PAYPAL HOLDINGS INC.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in PAYPAL Bond
PAYPAL financial ratios help investors to determine whether PAYPAL Bond 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 PAYPAL with respect to the benefits of owning PAYPAL security.