Paycor Hcm Stock Market Value
| PYCR Stock | USD 22.49 0.04 0.18% |
| Symbol | Paycor |
Paycor HCM Price To Book Ratio
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paycor HCM. If investors know Paycor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paycor HCM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.12) | Revenue Per Share | Quarterly Revenue Growth 0.131 | Return On Assets | Return On Equity |
The market value of Paycor HCM is measured differently than its book value, which is the value of Paycor that is recorded on the company's balance sheet. Investors also form their own opinion of Paycor HCM's value that differs from its market value or its book value, called intrinsic value, which is Paycor HCM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paycor HCM's market value can be influenced by many factors that don't directly affect Paycor HCM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paycor HCM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paycor HCM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycor HCM'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.
Paycor HCM '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 Paycor HCM'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 Paycor HCM.
| 01/16/2025 |
| 04/16/2025 |
If you would invest 0.00 in Paycor HCM on January 16, 2025 and sell it all today you would earn a total of 0.00 from holding Paycor HCM or generate 0.0% return on investment in Paycor HCM over 90 days. Paycor HCM is related to or competes with Manhattan Associates, Paycom Soft, Clearwater Analytics, Procore Technologies, Alkami Technology, Appfolio, and Agilysys. Paycor HCM, Inc., through its subsidiaries, provides software-as-a-service human capital management solutions for small ... More
Paycor HCM 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 Paycor HCM'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 Paycor HCM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1223 | |||
| Information Ratio | 0.4115 | |||
| Maximum Drawdown | 1.22 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.1807 |
Paycor HCM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paycor HCM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paycor HCM's standard deviation. In reality, there are many statistical measures that can use Paycor HCM historical prices to predict the future Paycor HCM's volatility.| Risk Adjusted Performance | 0.1242 | |||
| Jensen Alpha | 0.0113 | |||
| Total Risk Alpha | 0.0176 | |||
| Sortino Ratio | 0.5515 | |||
| Treynor Ratio | (1.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Paycor HCM's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Paycor HCM Backtested Returns
Currently, Paycor HCM is very steady. Paycor HCM maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Paycor HCM, which you can use to evaluate the volatility of the company. Please check Paycor HCM's Risk Adjusted Performance of 0.1242, standard deviation of 0.1639, and Downside Deviation of 0.1223 to confirm if the risk estimate we provide is consistent with the expected return of 0.0286%. Paycor HCM has a performance score of 13 on a scale of 0 to 100. The company holds a Beta of -0.0106, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Paycor HCM are expected to decrease at a much lower rate. During the bear market, Paycor HCM is likely to outperform the market. Paycor HCM right now holds a risk of 0.16%. Please check Paycor HCM expected short fall, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Paycor HCM will be following its historical price patterns.
Auto-correlation | 0.53 |
Modest predictability
Paycor HCM has modest predictability. Overlapping area represents the amount of predictability between Paycor HCM time series from 16th of January 2025 to 2nd of March 2025 and 2nd of March 2025 to 16th of April 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 Paycor HCM price movement. The serial correlation of 0.53 indicates that about 53.0% of current Paycor HCM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Paycor HCM lagged returns against current returns
Autocorrelation, which is Paycor HCM 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 Paycor HCM's stock expected returns. We can calculate the autocorrelation of Paycor HCM returns to help us make a trade decision. For example, suppose you find that Paycor HCM 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 |
Paycor HCM 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 Paycor HCM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Paycor HCM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Paycor HCM stock over time.
Current vs Lagged Prices |
| Timeline |
Paycor HCM Lagged Returns
When evaluating Paycor HCM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Paycor HCM stock have on its future price. Paycor HCM 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, Paycor HCM autocorrelation shows the relationship between Paycor HCM stock current value and its past values and can show if there is a momentum factor associated with investing in Paycor HCM.
Regressed Prices |
| Timeline |
Additional Tools for Paycor Stock Analysis
When running Paycor HCM's price analysis, check to measure Paycor HCM'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 Paycor HCM is operating at the current time. Most of Paycor HCM's value examination focuses on studying past and present price action to predict the probability of Paycor HCM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycor HCM's price. Additionally, you may evaluate how the addition of Paycor HCM to your portfolios can decrease your overall portfolio volatility.