Phlt Stock Market Value
| PHLT Stock | 2.90 0.01 0.34% |
| Symbol | PHLT |
Is Business Services 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 PHLT. If investors know PHLT 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 PHLT 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 PHLT is measured differently than its book value, which is the value of PHLT that is recorded on the company's balance sheet. Investors also form their own opinion of PHLT's value that differs from its market value or its book value, called intrinsic value, which is PHLT'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 PHLT's market value can be influenced by many factors that don't directly affect PHLT'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 PHLT's value and its price as these two are different measures arrived at by different means. Investors typically determine if PHLT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PHLT'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.
PHLT '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 PHLT'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 PHLT.
| 05/12/2024 |
| 01/07/2025 |
If you would invest 0.00 in PHLT on May 12, 2024 and sell it all today you would earn a total of 0.00 from holding PHLT or generate 0.0% return on investment in PHLT over 240 days. PHLT is related to or competes with Skechers USA, Cheesecake Factory, Snap On, Virgin Group, Rave Restaurant, First Watch, and Cracker Barrel. More
PHLT 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 PHLT'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 PHLT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.95 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 4.84 |
PHLT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PHLT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PHLT's standard deviation. In reality, there are many statistical measures that can use PHLT historical prices to predict the future PHLT's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (16.65) |
PHLT Backtested Returns
PHLT maintains Sharpe Ratio (i.e., Efficiency) of -0.0762, which implies the firm had a -0.0762% return per unit of volatility over the last 3 months. PHLT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PHLT's risk adjusted performance of (0.05), and Coefficient Of Variation of (1,302) to confirm the risk estimate we provide. The company holds a Beta of 0.0171, which implies not very significant fluctuations relative to the market. As returns on the market increase, PHLT's returns are expected to increase less than the market. However, during the bear market, the loss of holding PHLT is expected to be smaller as well. At this point, PHLT has a negative expected return of -0.27%. Please make sure to check PHLT's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if PHLT performance from the past will be repeated at future time.
Auto-correlation | -0.81 |
Excellent reverse predictability
PHLT has excellent reverse predictability. Overlapping area represents the amount of predictability between PHLT time series from 12th of May 2024 to 9th of September 2024 and 9th of September 2024 to 7th 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 PHLT price movement. The serial correlation of -0.81 indicates that around 81.0% of current PHLT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
PHLT lagged returns against current returns
Autocorrelation, which is PHLT 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 PHLT's stock expected returns. We can calculate the autocorrelation of PHLT returns to help us make a trade decision. For example, suppose you find that PHLT 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 |
PHLT 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 PHLT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PHLT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PHLT stock over time.
Current vs Lagged Prices |
| Timeline |
PHLT Lagged Returns
When evaluating PHLT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PHLT stock have on its future price. PHLT 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, PHLT autocorrelation shows the relationship between PHLT stock current value and its past values and can show if there is a momentum factor associated with investing in PHLT.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PHLT Stock Analysis
When running PHLT's price analysis, check to measure PHLT'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 PHLT is operating at the current time. Most of PHLT's value examination focuses on studying past and present price action to predict the probability of PHLT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHLT's price. Additionally, you may evaluate how the addition of PHLT to your portfolios can decrease your overall portfolio volatility.