Paychex (Germany) Market Value

PCX Stock  EUR 123.14  0.24  0.19%   
Paychex's market value is the price at which a share of Paychex trades on a public exchange. It measures the collective expectations of Paychex investors about its performance. Paychex is trading at 123.14 as of the 25th of July 2025. This is a 0.19 percent decrease since the beginning of the trading day. The stock's lowest day price was 122.72.
With this module, you can estimate the performance of a buy and hold strategy of Paychex and determine expected loss or profit from investing in Paychex over a given investment horizon. Check out Paychex Correlation, Paychex Volatility and Paychex Alpha and Beta module to complement your research on Paychex.
For more detail on how to invest in Paychex Stock please use our How to Invest in Paychex guide.
Symbol

Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Paychex '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 Paychex's 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 Paychex.
0.00
04/26/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/25/2025
0.00
If you would invest  0.00  in Paychex on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding Paychex or generate 0.0% return on investment in Paychex over 90 days. Paychex is related to or competes with KIMBALL ELECTRONICS, Delta Electronics, Arrow Electronics, Aya Gold, MCEWEN MINING, and STMicroelectronics. Paychex, Inc. provides integrated human capital management solutions for payroll, benefits, human resource , retirement,... More

Paychex 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 Paychex's 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 Paychex upside and downside potential and time the market with a certain degree of confidence.

Paychex Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Paychex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paychex's standard deviation. In reality, there are many statistical measures that can use Paychex historical prices to predict the future Paychex's volatility.
Hype
Prediction
LowEstimatedHigh
121.38123.14124.90
Details
Intrinsic
Valuation
LowRealHigh
101.68103.44135.45
Details
Naive
Forecast
LowNextHigh
121.76123.52125.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
120.90122.59124.28
Details

Paychex Backtested Returns

Paychex maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Paychex exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paychex's Coefficient Of Variation of (9,684), variance of 3.09, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Paychex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Paychex is expected to be smaller as well. At this point, Paychex has a negative expected return of -0.0041%. Please make sure to check Paychex's kurtosis, day median price, period momentum indicator, as well as the relationship between the daily balance of power and market facilitation index , to decide if Paychex performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.9  

Excellent reverse predictability

Paychex has excellent reverse predictability. Overlapping area represents the amount of predictability between Paychex time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th of July 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 Paychex price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Paychex price fluctuation can be explain by its past prices.
Correlation Coefficient-0.9
Spearman Rank Test-0.49
Residual Average0.0
Price Variance20.34

Paychex lagged returns against current returns

Autocorrelation, which is Paychex 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 Paychex's stock expected returns. We can calculate the autocorrelation of Paychex returns to help us make a trade decision. For example, suppose you find that Paychex has exhibited high autocorrelation historically, and you observe that the 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  

Paychex 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 Paychex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Paychex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Paychex stock over time.
   Current vs Lagged Prices   
       Timeline  

Paychex Lagged Returns

When evaluating Paychex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Paychex stock have on its future price. Paychex 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, Paychex autocorrelation shows the relationship between Paychex stock current value and its past values and can show if there is a momentum factor associated with investing in Paychex.
   Regressed Prices   
       Timeline  

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Additional Information and Resources on Investing in Paychex Stock

When determining whether Paychex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paychex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paychex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paychex Stock:
Check out Paychex Correlation, Paychex Volatility and Paychex Alpha and Beta module to complement your research on Paychex.
For more detail on how to invest in Paychex Stock please use our How to Invest in Paychex guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Paychex technical 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, stock market cycles, or different charting patterns.
A focus of Paychex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Paychex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...