Phenixfin 525 Stock Market Value
| PFXNZ Stock | USD 22.82 0.03 0.13% |
| Symbol | PhenixFIN |
PhenixFIN 525 Price To Book Ratio
Is Trading 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 525. 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 525 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 525 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 525's value that differs from its market value or its book value, called intrinsic value, which is PhenixFIN 525'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 525's market value can be influenced by many factors that don't directly affect PhenixFIN 525'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 525's value and its price as these two are different measures arrived at by different means. Investors typically determine if PhenixFIN 525 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PhenixFIN 525'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 525 '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 525'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 525.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in PhenixFIN 525 on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding PhenixFIN 525 or generate 0.0% return on investment in PhenixFIN 525 over 720 days. PhenixFIN 525 is related to or competes with Oxford Square, Atlanticus Holdings, Oxford Square, and Oxford Lane. PhenixFIN 525 is entity of United States More
PhenixFIN 525 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 525'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 525 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5624 | |||
| Information Ratio | 0.0655 | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.7766 |
PhenixFIN 525 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PhenixFIN 525's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PhenixFIN 525's standard deviation. In reality, there are many statistical measures that can use PhenixFIN 525 historical prices to predict the future PhenixFIN 525's volatility.| Risk Adjusted Performance | 0.0973 | |||
| Jensen Alpha | 0.0548 | |||
| Total Risk Alpha | 0.042 | |||
| Sortino Ratio | 0.0604 | |||
| Treynor Ratio | 0.5538 |
PhenixFIN 525 Backtested Returns
At this stage we consider PhenixFIN Stock to be very steady. PhenixFIN 525 maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PhenixFIN 525, which you can use to evaluate the volatility of the company. Please check PhenixFIN 525's Semi Deviation of 0.299, coefficient of variation of 772.85, and Risk Adjusted Performance of 0.0973 to confirm if the risk estimate we provide is consistent with the expected return of 0.0812%. PhenixFIN 525 has a performance score of 12 on a scale of 0 to 100. The company holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, PhenixFIN 525's returns are expected to increase less than the market. However, during the bear market, the loss of holding PhenixFIN 525 is expected to be smaller as well. PhenixFIN 525 right now holds a risk of 0.52%. Please check PhenixFIN 525 sortino ratio, as well as the relationship between the semi variance and day median price , to decide if PhenixFIN 525 will be following its historical price patterns.
Auto-correlation | 0.43 |
Average predictability
PhenixFIN 525 has average predictability. Overlapping area represents the amount of predictability between PhenixFIN 525 time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th of December 2024. 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 525 price movement. The serial correlation of 0.43 indicates that just about 43.0% of current PhenixFIN 525 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
PhenixFIN 525 lagged returns against current returns
Autocorrelation, which is PhenixFIN 525 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 525's stock expected returns. We can calculate the autocorrelation of PhenixFIN 525 returns to help us make a trade decision. For example, suppose you find that PhenixFIN 525 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 525 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 525 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PhenixFIN 525 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PhenixFIN 525 stock over time.
Current vs Lagged Prices |
| Timeline |
PhenixFIN 525 Lagged Returns
When evaluating PhenixFIN 525's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PhenixFIN 525 stock have on its future price. PhenixFIN 525 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 525 autocorrelation shows the relationship between PhenixFIN 525 stock current value and its past values and can show if there is a momentum factor associated with investing in PhenixFIN 525.
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 525's price analysis, check to measure PhenixFIN 525'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 525 is operating at the current time. Most of PhenixFIN 525's value examination focuses on studying past and present price action to predict the probability of PhenixFIN 525'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 525's price. Additionally, you may evaluate how the addition of PhenixFIN 525 to your portfolios can decrease your overall portfolio volatility.