Paysign Other Operating Expenses vs Selling And Marketing Expenses Analysis

PAYS Stock  USD 4.94  0.07  1.44%   
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 Other Operating Expenses and its Selling And Marketing Expenses 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 tightly coupled 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.

Other Operating Expenses vs Selling And Marketing Expenses

Other Operating Expenses vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paysign Other Operating Expenses account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Paysign's Other Operating Expenses and Selling And Marketing Expenses is -0.12. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Paysign, assuming nothing else is changed. The correlation between historical values of Paysign's Other Operating Expenses and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Paysign are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Other Operating Expenses i.e., Paysign's Other Operating Expenses and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Paysign. It is also known as Paysign overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Selling And Marketing Expenses

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 tightly coupled 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 Expenses17.5M20.6M20.3M19.3M
Cost Of Revenue14.8M17.1M27.2M25.8M

Paysign fundamental ratios Correlations

0.44-0.22-0.210.930.83-0.820.220.840.230.230.840.90.820.73-0.230.91-0.210.94-0.2-0.390.990.820.220.830.99
0.44-0.010.00.540.54-0.110.010.120.010.010.120.170.560.66-0.010.390.00.460.00.250.40.590.390.670.47
-0.22-0.011.0-0.32-0.210.130.07-0.12-1.0-1.0-0.12-0.07-0.36-0.461.0-0.451.0-0.21.00.54-0.26-0.39-0.12-0.29-0.22
-0.210.01.0-0.32-0.210.130.07-0.12-1.0-1.0-0.12-0.07-0.35-0.451.0-0.451.0-0.21.00.54-0.25-0.38-0.11-0.28-0.21
0.930.54-0.32-0.320.75-0.750.320.750.330.330.750.770.860.88-0.330.92-0.320.84-0.31-0.380.950.880.490.960.92
0.830.54-0.21-0.210.75-0.450.220.480.220.220.480.580.790.65-0.220.83-0.210.95-0.2-0.490.770.830.090.710.86
-0.82-0.110.130.13-0.75-0.45-0.14-1.0-0.15-0.14-1.0-0.96-0.55-0.450.14-0.670.13-0.70.120.24-0.86-0.48-0.09-0.56-0.77
0.220.010.070.070.320.22-0.140.13-0.07-0.070.130.10.360.440.070.450.080.210.08-0.540.250.40.120.290.23
0.840.12-0.12-0.120.750.48-1.00.130.140.131.00.970.540.44-0.130.67-0.120.72-0.11-0.240.870.480.080.570.78
0.230.01-1.0-1.00.330.22-0.15-0.070.141.00.140.090.370.47-1.00.47-1.00.22-1.0-0.540.270.40.120.30.23
0.230.01-1.0-1.00.330.22-0.14-0.070.131.00.130.080.360.46-1.00.46-1.00.21-1.0-0.540.270.40.120.290.23
0.840.12-0.12-0.120.750.48-1.00.131.00.140.130.970.540.44-0.130.67-0.120.72-0.11-0.240.870.480.080.570.78
0.90.17-0.07-0.070.770.58-0.960.10.970.090.080.970.590.45-0.080.72-0.070.79-0.06-0.250.910.540.050.590.86
0.820.56-0.36-0.350.860.79-0.550.360.540.370.360.540.590.88-0.360.89-0.350.8-0.34-0.550.820.970.310.830.84
0.730.66-0.46-0.450.880.65-0.450.440.440.470.460.440.450.88-0.460.86-0.450.65-0.45-0.410.750.910.490.910.74
-0.23-0.011.01.0-0.33-0.220.140.07-0.13-1.0-1.0-0.13-0.08-0.36-0.46-0.461.0-0.211.00.54-0.27-0.4-0.12-0.29-0.23
0.910.39-0.45-0.450.920.83-0.670.450.670.470.460.670.720.890.86-0.46-0.450.88-0.44-0.660.920.920.250.840.92
-0.210.01.01.0-0.32-0.210.130.08-0.12-1.0-1.0-0.12-0.07-0.35-0.451.0-0.45-0.21.00.54-0.25-0.38-0.11-0.28-0.21
0.940.46-0.2-0.20.840.95-0.70.210.720.220.210.720.790.80.65-0.210.88-0.2-0.19-0.470.90.810.090.750.95
-0.20.01.01.0-0.31-0.20.120.08-0.11-1.0-1.0-0.11-0.06-0.34-0.451.0-0.441.0-0.190.53-0.24-0.38-0.11-0.27-0.2
-0.390.250.540.54-0.38-0.490.24-0.54-0.24-0.54-0.54-0.24-0.25-0.55-0.410.54-0.660.54-0.470.53-0.41-0.570.09-0.26-0.41
0.990.4-0.26-0.250.950.77-0.860.250.870.270.270.870.910.820.75-0.270.92-0.250.9-0.24-0.410.820.280.840.97
0.820.59-0.39-0.380.880.83-0.480.40.480.40.40.480.540.970.91-0.40.92-0.380.81-0.38-0.570.820.360.870.85
0.220.39-0.12-0.110.490.09-0.090.120.080.120.120.080.050.310.49-0.120.25-0.110.09-0.110.090.280.360.650.2
0.830.67-0.29-0.280.960.71-0.560.290.570.30.290.570.590.830.91-0.290.84-0.280.75-0.27-0.260.840.870.650.83
0.990.47-0.22-0.210.920.86-0.770.230.780.230.230.780.860.840.74-0.230.92-0.210.95-0.2-0.410.970.850.20.83
Click cells to compare fundamentals

Paysign Account Relationship Matchups

Paysign fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.5M67.8M84.1M108.2M147.6M155.0M
Other Current Liab1.5M2.2M5.8M8.1M92.3M87.7M
Total Current Liabilities34.2M50.6M67.4M88.6M119.2M113.2M
Total Stockholder Equity19.6M13.2M13.0M16.3M24.5M25.7M
Property Plant And Equipment Net937.2K6.2M5.6M4.9M4.3M4.5M
Net Debt(9.7M)(3.5M)(3.4M)(6.0M)(106.0M)(100.7M)
Retained Earnings8.1M(1.1M)(3.8M)(2.7M)3.7M3.9M
Cash9.7M7.8M7.4M9.7M109.4M114.8M
Non Current Assets Total5.7M9.9M9.7M10.5M18.4M19.3M
Non Currrent Assets Other3.0M(4.8M)(9.9M)(10.5M)4.3M4.5M
Cash And Short Term Investments9.7M7.8M7.4M9.7M109.4M114.8M
Net Receivables891.9K654.9K4.4M6.1M17.8M18.7M
Common Stock Total Equity46.4K48.6K50.3K52.7K60.5K47.0K
Common Stock Shares Outstanding54.6M49.3M51.0M52.9M54.2M50.3M
Liabilities And Stockholders Equity53.5M67.8M84.1M108.2M147.6M155.0M
Other Current Assets1.4M1.4M1.2M1.7M2.0M1.9M
Other Stockholder Equity11.4M14.2M16.7M19.0M20.7M21.8M
Total Liab34.2M54.6M71.1M92.0M123.1M116.9M
Property Plant And Equipment Gross937.2K6.2M5.6M4.9M7.0M7.4M
Total Current Assets47.9M58.0M74.3M97.7M129.2M122.7M
Intangible Assets3.8M3.7M4.1M5.7M8.8M9.3M
Common Stock48.6K50.3K52.1K52.7K53.5K48.5K
Non Current Liabilities Total32.7M4.0M3.7M3.3M3.9M4.4M
Net Tangible Assets15.7M9.5M8.9M10.6M12.2M12.8M
Current Deferred Revenue32.7M48.1M61.3M80.2M92.3M96.9M
Accounts Payable1.5M2.2M5.8M8.1M26.5M27.8M
Retained Earnings Total Equity579.6K8.1M(1.1M)(2.7M)(3.2M)(3.3M)
Capital Surpluse8.6M11.6M14.4M19.1M22.0M23.1M
Property Plant Equipment937.2K6.2M5.6M1.3M1.4M1.7M
Inventory35.9M48.1M61.3M80.2M92.2M96.8M
Net Invested Capital19.6M13.2M13.0M16.3M24.5M15.8M
Net Working Capital13.6M7.4M6.9M9.1M10.0M8.7M
Capital Stock48.6K50.3K52.1K52.7K53.5K55.6K

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 together with Paysign Stock

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Moving against Paysign Stock

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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 CorrelationCorrelation Matching
When determining whether Paysign is a strong investment it is important to analyze Paysign's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paysign's future performance. For an informed investment choice regarding Paysign Stock, refer to the following important reports:
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 tightly coupled 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.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Paysign's industry 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 Paysign. If investors know Paysign 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 Paysign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
9.179
Earnings Share
0.13
Revenue Per Share
0.957
Quarterly Revenue Growth
0.3
Return On Assets
0.0001
The market value of Paysign is measured differently than its book value, which is the value of Paysign that is recorded on the company's balance sheet. Investors also form their own opinion of Paysign's value that differs from its market value or its book value, called intrinsic value, which is Paysign'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 Paysign's market value can be influenced by many factors that don't directly affect Paysign'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 Paysign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paysign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paysign'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.