PAY Technical Analysis
| PAY Crypto | USD 0.01 0.0002 1.96% |
As of the 4th of June, PAY holds the Variance of 49.21, mean deviation of 4.97, and Market Risk Adjusted Performance of (0.44). Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of PAY, as well as the relationship between them. Put it differently, you can use this information to find out if the entity will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for PAY, which can be compared to its competitors. Please check PAY information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if PAY is priced more or less accurately, providing market reflects its current price of 0.007702 per share.
PAY Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PAY, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PAYPAY |
PAY technical crypto coin 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, crypto market cycles, or different charting patterns.
PAY Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of PAY volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PAY Trend Analysis
Use this graph to draw trend lines for PAY. You can use it to identify possible trend reversals for PAY as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual PAY price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PAY Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PAY applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that PAY market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted PAY price change compared to its average price change.About PAY Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of PAY on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of PAY based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on PAY price pattern first instead of the macroeconomic environment surrounding PAY. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of PAY's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to PAY specific price patterns or momentum indicators.
PAY June 4, 2024 Technical Indicators
Most technical analysis of PAY help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for PAY from various momentum indicators to cycle indicators. When you analyze PAY charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.44) | |||
| Mean Deviation | 4.97 | |||
| Coefficient Of Variation | (3,000) | |||
| Standard Deviation | 7.02 | |||
| Variance | 49.21 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.45) | |||
| Maximum Drawdown | 36.94 | |||
| Value At Risk | (10.22) | |||
| Potential Upside | 16.49 | |||
| Skewness | 0.9585 | |||
| Kurtosis | 1.88 |
Additional Information and Resources on Investing in PAY Crypto Coin
When determining whether PAY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PAY'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 Pay Crypto.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PAY. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.