Phibro Animal (Germany) Market Value
| PB8 Stock | EUR 20.00 0.00 0.00% |
| Symbol | Phibro |
Phibro Animal '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 Phibro Animal'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 Phibro Animal.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Phibro Animal on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Phibro Animal Health or generate 0.0% return on investment in Phibro Animal over 60 days. Phibro Animal is related to or competes with ORMAT TECHNOLOGIES, Easy Software, BioNTech, NTG Nordic, SOEDER SPORTFISKE, Fukuyama Transporting, and Gaztransport Technigaz. Phibro Animal Health Corporation develops, manufactures, and supplies a range of animal health and mineral nutrition pro... More
Phibro Animal 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 Phibro Animal'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 Phibro Animal Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | 0.0184 | |||
| Maximum Drawdown | 13.49 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.83 |
Phibro Animal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phibro Animal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phibro Animal's standard deviation. In reality, there are many statistical measures that can use Phibro Animal historical prices to predict the future Phibro Animal's volatility.| Risk Adjusted Performance | 0.029 | |||
| Jensen Alpha | 0.0609 | |||
| Total Risk Alpha | 0.0201 | |||
| Sortino Ratio | 0.0211 | |||
| Treynor Ratio | (0.18) |
Phibro Animal Health Backtested Returns
At this point, Phibro Animal is not too volatile. Phibro Animal Health maintains Sharpe Ratio (i.e., Efficiency) of 0.0429, which implies the firm had a 0.0429% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Phibro Animal Health, which you can use to evaluate the volatility of the company. Please check Phibro Animal's Semi Deviation of 1.76, risk adjusted performance of 0.029, and Coefficient Of Variation of 3625.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Phibro Animal has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Phibro Animal are expected to decrease at a much lower rate. During the bear market, Phibro Animal is likely to outperform the market. Phibro Animal Health right now holds a risk of 2.49%. Please check Phibro Animal Health variance, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Phibro Animal Health will be following its historical price patterns.
Auto-correlation | -0.06 |
Very weak reverse predictability
Phibro Animal Health has very weak reverse predictability. Overlapping area represents the amount of predictability between Phibro Animal time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Phibro Animal Health price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Phibro Animal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Phibro Animal Health lagged returns against current returns
Autocorrelation, which is Phibro Animal 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 Phibro Animal's stock expected returns. We can calculate the autocorrelation of Phibro Animal returns to help us make a trade decision. For example, suppose you find that Phibro Animal 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 |
Phibro Animal 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 Phibro Animal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phibro Animal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phibro Animal stock over time.
Current vs Lagged Prices |
| Timeline |
Phibro Animal Lagged Returns
When evaluating Phibro Animal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phibro Animal stock have on its future price. Phibro Animal 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, Phibro Animal autocorrelation shows the relationship between Phibro Animal stock current value and its past values and can show if there is a momentum factor associated with investing in Phibro Animal Health.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Phibro Stock
When determining whether Phibro Animal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phibro Animal'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 Phibro Animal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phibro Animal Health Stock:Check out Phibro Animal Correlation, Phibro Animal Volatility and Phibro Animal Alpha and Beta module to complement your research on Phibro Animal. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Phibro Animal technical stock 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, stock market cycles, or different charting patterns.