Paysign Common Stock vs Total Stockholder Equity Analysis

PAYS Stock

USD 4.22 0.03 0.71%

Paysign financial indicator trend analysis is much more than just breaking down Paysign prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paysign is a good investment. Please check the relationship between Paysign Common Stock and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.

Common Stock vs Total Stockholder Equity

Common Stock vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paysign Common Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Paysign's Common Stock and Total Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Paysign, assuming nothing else is changed. The correlation between historical values of Paysign's Common Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Paysign are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock i.e., Paysign's Common Stock and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Paysign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paysign current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.At this time, Paysign's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 217.7 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.26 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	17.5M	20.6M	20.3M	19.3M
Cost Of Revenue	14.8M	17.1M	27.2M	25.8M

Total Operating Expenses Cost Of Revenue

Paysign fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Current Liabilities Total	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.44	-0.22	-0.21	0.93	0.83	-0.82	0.22	0.84	0.23	0.23	0.84	0.9	0.82	0.73	-0.23	0.91	-0.21	0.94	-0.2	-0.39	0.99	0.82	0.22	0.83	0.99
Short Long Term Debt Total	0.44		-0.01	0.0	0.54	0.54	-0.11	0.01	0.12	0.01	0.01	0.12	0.17	0.56	0.66	-0.01	0.39	0.0	0.46	0.0	0.25	0.4	0.59	0.39	0.67	0.47
Other Current Liab	-0.22	-0.01		1.0	-0.32	-0.21	0.13	0.07	-0.12	-1.0	-1.0	-0.12	-0.07	-0.36	-0.46	1.0	-0.45	1.0	-0.2	1.0	0.54	-0.26	-0.39	-0.12	-0.29	-0.22
Total Current Liabilities	-0.21	0.0	1.0		-0.32	-0.21	0.13	0.07	-0.12	-1.0	-1.0	-0.12	-0.07	-0.35	-0.45	1.0	-0.45	1.0	-0.2	1.0	0.54	-0.25	-0.38	-0.11	-0.28	-0.21
Total Stockholder Equity	0.93	0.54	-0.32	-0.32		0.75	-0.75	0.32	0.75	0.33	0.33	0.75	0.77	0.86	0.88	-0.33	0.92	-0.32	0.84	-0.31	-0.38	0.95	0.88	0.49	0.96	0.92
Property Plant And Equipment Net	0.83	0.54	-0.21	-0.21	0.75		-0.45	0.22	0.48	0.22	0.22	0.48	0.58	0.79	0.65	-0.22	0.83	-0.21	0.95	-0.2	-0.49	0.77	0.83	0.09	0.71	0.86
Net Debt	-0.82	-0.11	0.13	0.13	-0.75	-0.45		-0.14	-1.0	-0.15	-0.14	-1.0	-0.96	-0.55	-0.45	0.14	-0.67	0.13	-0.7	0.12	0.24	-0.86	-0.48	-0.09	-0.56	-0.77
Retained Earnings	0.22	0.01	0.07	0.07	0.32	0.22	-0.14		0.13	-0.07	-0.07	0.13	0.1	0.36	0.44	0.07	0.45	0.08	0.21	0.08	-0.54	0.25	0.4	0.12	0.29	0.23
Cash	0.84	0.12	-0.12	-0.12	0.75	0.48	-1.0	0.13		0.14	0.13	1.0	0.97	0.54	0.44	-0.13	0.67	-0.12	0.72	-0.11	-0.24	0.87	0.48	0.08	0.57	0.78
Non Current Assets Total	0.23	0.01	-1.0	-1.0	0.33	0.22	-0.15	-0.07	0.14		1.0	0.14	0.09	0.37	0.47	-1.0	0.47	-1.0	0.22	-1.0	-0.54	0.27	0.4	0.12	0.3	0.23
Non Currrent Assets Other	0.23	0.01	-1.0	-1.0	0.33	0.22	-0.14	-0.07	0.13	1.0		0.13	0.08	0.36	0.46	-1.0	0.46	-1.0	0.21	-1.0	-0.54	0.27	0.4	0.12	0.29	0.23
Cash And Short Term Investments	0.84	0.12	-0.12	-0.12	0.75	0.48	-1.0	0.13	1.0	0.14	0.13		0.97	0.54	0.44	-0.13	0.67	-0.12	0.72	-0.11	-0.24	0.87	0.48	0.08	0.57	0.78
Net Receivables	0.9	0.17	-0.07	-0.07	0.77	0.58	-0.96	0.1	0.97	0.09	0.08	0.97		0.59	0.45	-0.08	0.72	-0.07	0.79	-0.06	-0.25	0.91	0.54	0.05	0.59	0.86
Common Stock Total Equity	0.82	0.56	-0.36	-0.35	0.86	0.79	-0.55	0.36	0.54	0.37	0.36	0.54	0.59		0.88	-0.36	0.89	-0.35	0.8	-0.34	-0.55	0.82	0.97	0.31	0.83	0.84
Common Stock Shares Outstanding	0.73	0.66	-0.46	-0.45	0.88	0.65	-0.45	0.44	0.44	0.47	0.46	0.44	0.45	0.88		-0.46	0.86	-0.45	0.65	-0.45	-0.41	0.75	0.91	0.49	0.91	0.74
Other Current Assets	-0.23	-0.01	1.0	1.0	-0.33	-0.22	0.14	0.07	-0.13	-1.0	-1.0	-0.13	-0.08	-0.36	-0.46		-0.46	1.0	-0.21	1.0	0.54	-0.27	-0.4	-0.12	-0.29	-0.23
Other Stockholder Equity	0.91	0.39	-0.45	-0.45	0.92	0.83	-0.67	0.45	0.67	0.47	0.46	0.67	0.72	0.89	0.86	-0.46		-0.45	0.88	-0.44	-0.66	0.92	0.92	0.25	0.84	0.92
Total Liab	-0.21	0.0	1.0	1.0	-0.32	-0.21	0.13	0.08	-0.12	-1.0	-1.0	-0.12	-0.07	-0.35	-0.45	1.0	-0.45		-0.2	1.0	0.54	-0.25	-0.38	-0.11	-0.28	-0.21
Property Plant And Equipment Gross	0.94	0.46	-0.2	-0.2	0.84	0.95	-0.7	0.21	0.72	0.22	0.21	0.72	0.79	0.8	0.65	-0.21	0.88	-0.2		-0.19	-0.47	0.9	0.81	0.09	0.75	0.95
Total Current Assets	-0.2	0.0	1.0	1.0	-0.31	-0.2	0.12	0.08	-0.11	-1.0	-1.0	-0.11	-0.06	-0.34	-0.45	1.0	-0.44	1.0	-0.19		0.53	-0.24	-0.38	-0.11	-0.27	-0.2
Short Term Debt	-0.39	0.25	0.54	0.54	-0.38	-0.49	0.24	-0.54	-0.24	-0.54	-0.54	-0.24	-0.25	-0.55	-0.41	0.54	-0.66	0.54	-0.47	0.53		-0.41	-0.57	0.09	-0.26	-0.41
Intangible Assets	0.99	0.4	-0.26	-0.25	0.95	0.77	-0.86	0.25	0.87	0.27	0.27	0.87	0.91	0.82	0.75	-0.27	0.92	-0.25	0.9	-0.24	-0.41		0.82	0.28	0.84	0.97
Common Stock	0.82	0.59	-0.39	-0.38	0.88	0.83	-0.48	0.4	0.48	0.4	0.4	0.48	0.54	0.97	0.91	-0.4	0.92	-0.38	0.81	-0.38	-0.57	0.82		0.36	0.87	0.85
Non Current Liabilities Total	0.22	0.39	-0.12	-0.11	0.49	0.09	-0.09	0.12	0.08	0.12	0.12	0.08	0.05	0.31	0.49	-0.12	0.25	-0.11	0.09	-0.11	0.09	0.28	0.36		0.65	0.2
Net Tangible Assets	0.83	0.67	-0.29	-0.28	0.96	0.71	-0.56	0.29	0.57	0.3	0.29	0.57	0.59	0.83	0.91	-0.29	0.84	-0.28	0.75	-0.27	-0.26	0.84	0.87	0.65		0.83
Current Deferred Revenue	0.99	0.47	-0.22	-0.21	0.92	0.86	-0.77	0.23	0.78	0.23	0.23	0.78	0.86	0.84	0.74	-0.23	0.92	-0.21	0.95	-0.2	-0.41	0.97	0.85	0.2	0.83

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Paysign Account Relationship Matchups

Paysign fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.5M	67.8M	84.1M	108.2M	147.6M	155.0M
Other Current Liab	1.5M	2.2M	5.8M	8.1M	92.3M	87.7M
Total Current Liabilities	34.2M	50.6M	67.4M	88.6M	119.2M	113.2M
Total Stockholder Equity	19.6M	13.2M	13.0M	16.3M	24.5M	25.7M
Property Plant And Equipment Net	937.2K	6.2M	5.6M	4.9M	4.3M	4.5M
Net Debt	(9.7M)	(3.5M)	(3.4M)	(6.0M)	(106.0M)	(100.7M)
Retained Earnings	8.1M	(1.1M)	(3.8M)	(2.7M)	3.7M	3.9M
Cash	9.7M	7.8M	7.4M	9.7M	109.4M	114.8M
Non Current Assets Total	5.7M	9.9M	9.7M	10.5M	18.4M	19.3M
Non Currrent Assets Other	3.0M	(4.8M)	(9.9M)	(10.5M)	4.3M	4.5M
Cash And Short Term Investments	9.7M	7.8M	7.4M	9.7M	109.4M	114.8M
Net Receivables	891.9K	654.9K	4.4M	6.1M	17.8M	18.7M
Common Stock Total Equity	46.4K	48.6K	50.3K	52.7K	60.5K	47.0K
Common Stock Shares Outstanding	54.6M	49.3M	51.0M	52.9M	54.2M	50.3M
Liabilities And Stockholders Equity	53.5M	67.8M	84.1M	108.2M	147.6M	155.0M
Other Current Assets	1.4M	1.4M	1.2M	1.7M	2.0M	1.9M
Other Stockholder Equity	11.4M	14.2M	16.7M	19.0M	20.7M	21.8M
Total Liab	34.2M	54.6M	71.1M	92.0M	123.1M	116.9M
Property Plant And Equipment Gross	937.2K	6.2M	5.6M	4.9M	7.0M	7.4M
Total Current Assets	47.9M	58.0M	74.3M	97.7M	129.2M	122.7M
Intangible Assets	3.8M	3.7M	4.1M	5.7M	8.8M	9.3M
Common Stock	48.6K	50.3K	52.1K	52.7K	53.5K	48.5K
Non Current Liabilities Total	32.7M	4.0M	3.7M	3.3M	3.9M	4.4M
Net Tangible Assets	15.7M	9.5M	8.9M	10.6M	12.2M	12.8M
Current Deferred Revenue	32.7M	48.1M	61.3M	80.2M	92.3M	96.9M
Accounts Payable	1.5M	2.2M	5.8M	8.1M	26.5M	27.8M
Retained Earnings Total Equity	579.6K	8.1M	(1.1M)	(2.7M)	(3.2M)	(3.3M)
Capital Surpluse	8.6M	11.6M	14.4M	19.1M	22.0M	23.1M
Property Plant Equipment	937.2K	6.2M	5.6M	1.3M	1.4M	1.7M
Inventory	35.9M	48.1M	61.3M	80.2M	92.2M	96.8M
Net Invested Capital	19.6M	13.2M	13.0M	16.3M	24.5M	15.8M
Net Working Capital	13.6M	7.4M	6.9M	9.1M	10.0M	8.7M
Capital Stock	48.6K	50.3K	52.1K	52.7K	53.5K	55.6K

Pair Trading with Paysign

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paysign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paysign will appreciate offsetting losses from the drop in the long position's value.

Moving against Paysign Stock

0.95	VHAI	VHAI	Pair Corr
0.88	FLYW	Flywire Corp	Pair Corr
0.85	ZS	Zscaler Fiscal Year End 3rd of September 2024	Pair Corr
0.84	VRNS	Varonis Systems	Pair Corr
0.8	VRSN	VeriSign	Pair Corr

The ability to find closely correlated positions to Paysign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paysign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Paysign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Paysign to buy it.

The correlation of Paysign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paysign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paysign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Paysign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Paysign Stock Analysis

When running Paysign's price analysis, check to measure Paysign'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 Paysign is operating at the current time. Most of Paysign's value examination focuses on studying past and present price action to predict the probability of Paysign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paysign's price. Additionally, you may evaluate how the addition of Paysign to your portfolios can decrease your overall portfolio volatility.

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