Phoenix Mills (India) Market Value

PHOENIXLTD   1,552  3.45  0.22%   
Phoenix Mills' market value is the price at which a share of Phoenix Mills trades on a public exchange. It measures the collective expectations of The Phoenix Mills investors about its performance. Phoenix Mills is trading at 1551.90 as of the 4th of March 2025; that is 0.22 percent increase since the beginning of the trading day. The stock's open price was 1548.45.
With this module, you can estimate the performance of a buy and hold strategy of The Phoenix Mills and determine expected loss or profit from investing in Phoenix Mills over a given investment horizon. Check out Phoenix Mills Correlation, Phoenix Mills Volatility and Phoenix Mills Alpha and Beta module to complement your research on Phoenix Mills.
Symbol

Please note, there is a significant difference between Phoenix Mills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix Mills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix Mills' 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 Mills '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 Mills' 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 Mills.
0.00
02/02/2025
No Change 0.00  0.0 
In 31 days
03/04/2025
0.00
If you would invest  0.00  in Phoenix Mills on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding The Phoenix Mills or generate 0.0% return on investment in Phoenix Mills over 30 days. Phoenix Mills is related to or competes with Raj Oil, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, and Tribhovandas Bhimji. Phoenix Mills is entity of India. It is traded as Stock on NSE exchange. More

Phoenix Mills 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 Mills' 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 The Phoenix Mills upside and downside potential and time the market with a certain degree of confidence.

Phoenix Mills Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix Mills' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix Mills' standard deviation. In reality, there are many statistical measures that can use Phoenix Mills historical prices to predict the future Phoenix Mills' volatility.
Hype
Prediction
LowEstimatedHigh
1,5391,5431,703
Details
Intrinsic
Valuation
LowRealHigh
1,3591,3631,703
Details
Naive
Forecast
LowNextHigh
1,5351,5381,541
Details
Earnings
Estimates (0)
LowProjected EPSHigh
6.728.0810.38
Details

Phoenix Mills Backtested Returns

Phoenix Mills maintains Sharpe Ratio (i.e., Efficiency) of -0.0473, which implies the firm had a -0.0473 % return per unit of risk over the last 3 months. Phoenix Mills exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phoenix Mills' Market Risk Adjusted Performance of 0.5221, coefficient of variation of (4,227), and Variance of 10.52 to confirm the risk estimate we provide. The company holds a Beta of -0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Phoenix Mills are expected to decrease at a much lower rate. During the bear market, Phoenix Mills is likely to outperform the market. At this point, Phoenix Mills has a negative expected return of -0.16%. Please make sure to check Phoenix Mills' maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Phoenix Mills performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.23  

Weak predictability

The Phoenix Mills has weak predictability. Overlapping area represents the amount of predictability between Phoenix Mills time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Mills price movement. The serial correlation of 0.23 indicates that over 23.0% of current Phoenix Mills price fluctuation can be explain by its past prices.
Correlation Coefficient0.23
Spearman Rank Test0.48
Residual Average0.0
Price Variance622.22

Phoenix Mills lagged returns against current returns

Autocorrelation, which is Phoenix Mills 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 Mills' stock expected returns. We can calculate the autocorrelation of Phoenix Mills returns to help us make a trade decision. For example, suppose you find that Phoenix Mills 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 Mills 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 Mills stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix Mills stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix Mills stock over time.
   Current vs Lagged Prices   
       Timeline  

Phoenix Mills Lagged Returns

When evaluating Phoenix Mills' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix Mills stock have on its future price. Phoenix Mills 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 Mills autocorrelation shows the relationship between Phoenix Mills stock current value and its past values and can show if there is a momentum factor associated with investing in The Phoenix Mills.
   Regressed Prices   
       Timeline  

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Additional Tools for Phoenix Stock Analysis

When running Phoenix Mills' price analysis, check to measure Phoenix Mills' 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 Mills is operating at the current time. Most of Phoenix Mills' value examination focuses on studying past and present price action to predict the probability of Phoenix Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix Mills' price. Additionally, you may evaluate how the addition of Phoenix Mills to your portfolios can decrease your overall portfolio volatility.