Yes, it can be subject to change when Refund a Payment or Cancel a Payment is executed. Note that no webhook notification is sent for both cases.
See the document below for more details:
Immediate payment
| Refund a payment | Cancel a payment | |
| Status after execution | REFUNDED | FAILED |
Preauth & Capture
| Refund a payment | Cancel a payment | |
| Status after execution | REFUNDED | (Not executable) |