Phoenix Motor Common Stock Market Value
| PEV Stock | USD 0.67 0.06 9.84% |
| Symbol | Phoenix |
Phoenix Motor Common Price To Book Ratio
Is Automotive Parts & Equipment space 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 Phoenix. If investors know Phoenix 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 Phoenix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.19) | Revenue Per Share | Quarterly Revenue Growth 15.569 | Return On Assets | Return On Equity |
The market value of Phoenix Motor Common is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix's value that differs from its market value or its book value, called intrinsic value, which is Phoenix'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 Phoenix's market value can be influenced by many factors that don't directly affect Phoenix'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 Phoenix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix'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.
Phoenix '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'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.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Phoenix on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Phoenix Motor Common or generate 0.0% return on investment in Phoenix over 90 days. Phoenix is related to or competes with GreenPower, Envirotech Vehicles, Volcon, Zapp Electric, BAIC, First Hydrogen, and Guangzhou Automobile. Phoenix Motor Inc. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles More
Phoenix 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'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 Motor Common upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.51 | |||
| Information Ratio | 0.1364 | |||
| Maximum Drawdown | 120.0 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 17.31 |
Phoenix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix's standard deviation. In reality, there are many statistical measures that can use Phoenix historical prices to predict the future Phoenix's volatility.| Risk Adjusted Performance | 0.1221 | |||
| Jensen Alpha | 1.84 | |||
| Total Risk Alpha | 3.64 | |||
| Sortino Ratio | 0.2297 | |||
| Treynor Ratio | (20.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Phoenix'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 Motor Common Backtested Returns
Phoenix is out of control given 3 months investment horizon. Phoenix Motor Common maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.05% are justified by taking the suggested risk. Use Phoenix Risk Adjusted Performance of 0.1221, coefficient of variation of 772.35, and Semi Deviation of 6.08 to evaluate company specific risk that cannot be diversified away. Phoenix holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of -0.0897, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Phoenix are expected to decrease at a much lower rate. During the bear market, Phoenix is likely to outperform the market. Use Phoenix potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Phoenix.
Auto-correlation | -0.31 |
Poor reverse predictability
Phoenix Motor Common has poor reverse predictability. Overlapping area represents the amount of predictability between Phoenix time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Motor Common price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Phoenix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Phoenix Motor Common lagged returns against current returns
Autocorrelation, which is Phoenix 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's stock expected returns. We can calculate the autocorrelation of Phoenix returns to help us make a trade decision. For example, suppose you find that Phoenix 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix stock over time.
Current vs Lagged Prices |
| Timeline |
Phoenix Lagged Returns
When evaluating Phoenix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix stock have on its future price. Phoenix 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 autocorrelation shows the relationship between Phoenix stock current value and its past values and can show if there is a momentum factor associated with investing in Phoenix Motor Common.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Phoenix Stock Analysis
When running Phoenix's price analysis, check to measure Phoenix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phoenix is operating at the current time. Most of Phoenix's value examination focuses on studying past and present price action to predict the probability of Phoenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix's price. Additionally, you may evaluate how the addition of Phoenix to your portfolios can decrease your overall portfolio volatility.