Phenixfin Stock Market Value
| PFX Stock | USD 54.18 1.22 2.30% |
| Symbol | Phenixfin |
Is Investment Banking & Brokerage 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 Phenixfin. If investors know Phenixfin 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 Phenixfin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Phenixfin is measured differently than its book value, which is the value of Phenixfin that is recorded on the company's balance sheet. Investors also form their own opinion of Phenixfin's value that differs from its market value or its book value, called intrinsic value, which is Phenixfin'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 Phenixfin's market value can be influenced by many factors that don't directly affect Phenixfin'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 Phenixfin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phenixfin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phenixfin'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.
Phenixfin '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 Phenixfin'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 Phenixfin.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Phenixfin on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Phenixfin or generate 0.0% return on investment in Phenixfin over 90 days. Phenixfin is related to or competes with MFS Investment, Eaton Vance, Federated Premier, Blackrock Muniholdings, and Nuveen California. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies More
Phenixfin 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 Phenixfin'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 Phenixfin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.2201 | |||
| Maximum Drawdown | 5.78 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 3.38 |
Phenixfin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phenixfin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phenixfin's standard deviation. In reality, there are many statistical measures that can use Phenixfin historical prices to predict the future Phenixfin's volatility.| Risk Adjusted Performance | 0.1372 | |||
| Jensen Alpha | 0.1997 | |||
| Total Risk Alpha | 0.3993 | |||
| Sortino Ratio | 0.2655 | |||
| Treynor Ratio | (1.53) |
Phenixfin Backtested Returns
Phenixfin appears to be very steady, given 3 months investment horizon. Phenixfin maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Phenixfin, which you can use to evaluate the volatility of the company. Please evaluate Phenixfin's Coefficient Of Variation of 654.21, risk adjusted performance of 0.1372, and Semi Deviation of 0.9135 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Phenixfin holds a performance score of 12. The company holds a Beta of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Phenixfin are expected to decrease at a much lower rate. During the bear market, Phenixfin is likely to outperform the market. Please check Phenixfin's sortino ratio, as well as the relationship between the semi variance and day median price , to make a quick decision on whether Phenixfin's historical price patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Phenixfin has modest reverse predictability. Overlapping area represents the amount of predictability between Phenixfin time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Phenixfin price movement. The serial correlation of -0.47 indicates that about 47.0% of current Phenixfin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 7.96 |
Phenixfin lagged returns against current returns
Autocorrelation, which is Phenixfin 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 Phenixfin's stock expected returns. We can calculate the autocorrelation of Phenixfin returns to help us make a trade decision. For example, suppose you find that Phenixfin 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 |
Phenixfin 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 Phenixfin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phenixfin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phenixfin stock over time.
Current vs Lagged Prices |
| Timeline |
Phenixfin Lagged Returns
When evaluating Phenixfin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phenixfin stock have on its future price. Phenixfin 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, Phenixfin autocorrelation shows the relationship between Phenixfin stock current value and its past values and can show if there is a momentum factor associated with investing in Phenixfin.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Phenixfin Stock Analysis
When running Phenixfin's price analysis, check to measure Phenixfin'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 Phenixfin is operating at the current time. Most of Phenixfin's value examination focuses on studying past and present price action to predict the probability of Phenixfin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phenixfin's price. Additionally, you may evaluate how the addition of Phenixfin to your portfolios can decrease your overall portfolio volatility.