PHOENIX BEVERAGES (Mauritius) Market Value
| PBL Stock | 595.00 44.00 6.89% |
| Symbol | PHOENIX |
PHOENIX BEVERAGES '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 PHOENIX BEVERAGES'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 PHOENIX BEVERAGES.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in PHOENIX BEVERAGES on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding PHOENIX BEVERAGES LTD or generate 0.0% return on investment in PHOENIX BEVERAGES over 90 days.
PHOENIX BEVERAGES 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 PHOENIX BEVERAGES'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 PHOENIX BEVERAGES LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1681 | |||
| Maximum Drawdown | 14.86 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 3.08 |
PHOENIX BEVERAGES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PHOENIX BEVERAGES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PHOENIX BEVERAGES's standard deviation. In reality, there are many statistical measures that can use PHOENIX BEVERAGES historical prices to predict the future PHOENIX BEVERAGES's volatility.| Risk Adjusted Performance | 0.0993 | |||
| Jensen Alpha | 0.264 | |||
| Total Risk Alpha | 0.3789 | |||
| Treynor Ratio | 0.1991 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PHOENIX BEVERAGES's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PHOENIX BEVERAGES LTD Backtested Returns
As of now, PHOENIX Stock is very steady. PHOENIX BEVERAGES LTD maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11 % return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for PHOENIX BEVERAGES LTD, which you can use to evaluate the volatility of the company. Please check PHOENIX BEVERAGES's coefficient of variation of 921.38, and Risk Adjusted Performance of 0.0993 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. PHOENIX BEVERAGES has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of 0.86, which implies possible diversification benefits within a given portfolio. PHOENIX BEVERAGES returns are very sensitive to returns on the market. As the market goes up or down, PHOENIX BEVERAGES is expected to follow. PHOENIX BEVERAGES LTD currently holds a risk of 1.65%. Please check PHOENIX BEVERAGES LTD accumulation distribution, and the relationship between the potential upside and day median price , to decide if PHOENIX BEVERAGES LTD will be following its historical price patterns.
Auto-correlation | 0.80 |
Very good predictability
PHOENIX BEVERAGES LTD has very good predictability. Overlapping area represents the amount of predictability between PHOENIX BEVERAGES time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 PHOENIX BEVERAGES LTD price movement. The serial correlation of 0.8 indicates that around 80.0% of current PHOENIX BEVERAGES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 1387.79 |
PHOENIX BEVERAGES LTD lagged returns against current returns
Autocorrelation, which is PHOENIX BEVERAGES 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 PHOENIX BEVERAGES's stock expected returns. We can calculate the autocorrelation of PHOENIX BEVERAGES returns to help us make a trade decision. For example, suppose you find that PHOENIX BEVERAGES 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 |
PHOENIX BEVERAGES 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 PHOENIX BEVERAGES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PHOENIX BEVERAGES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PHOENIX BEVERAGES stock over time.
Current vs Lagged Prices |
| Timeline |
PHOENIX BEVERAGES Lagged Returns
When evaluating PHOENIX BEVERAGES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PHOENIX BEVERAGES stock have on its future price. PHOENIX BEVERAGES 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, PHOENIX BEVERAGES autocorrelation shows the relationship between PHOENIX BEVERAGES stock current value and its past values and can show if there is a momentum factor associated with investing in PHOENIX BEVERAGES LTD.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio Architect