Phuoc Hoa (Vietnam) Market Value
| PHR Stock | 63,800 1,500 2.30% |
| Symbol | Phuoc |
Phuoc Hoa '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 Phuoc Hoa'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 Phuoc Hoa.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Phuoc Hoa on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Phuoc Hoa Rubber or generate 0.0% return on investment in Phuoc Hoa over 90 days. Phuoc Hoa is related to or competes with Ba Ria, Ha Long, Nafoods Group, Petrolimex Petrochemical, Travel Investment, Elcom Technology, and Hochiminh City. More
Phuoc Hoa 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 Phuoc Hoa'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 Phuoc Hoa Rubber upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.2212 | |||
| Maximum Drawdown | 9.57 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 3.15 |
Phuoc Hoa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phuoc Hoa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phuoc Hoa's standard deviation. In reality, there are many statistical measures that can use Phuoc Hoa historical prices to predict the future Phuoc Hoa's volatility.| Risk Adjusted Performance | 0.1469 | |||
| Jensen Alpha | 0.2534 | |||
| Total Risk Alpha | 0.4821 | |||
| Sortino Ratio | 0.2995 | |||
| Treynor Ratio | (1.95) |
Phuoc Hoa Rubber Backtested Returns
Phuoc Hoa appears to be very steady, given 3 months investment horizon. Phuoc Hoa Rubber 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-nine technical indicators for Phuoc Hoa Rubber, which you can use to evaluate the volatility of the company. Please evaluate Phuoc Hoa's Coefficient Of Variation of 612.91, semi deviation of 1.01, and Risk Adjusted Performance of 0.1469 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Phuoc Hoa 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 Phuoc Hoa are expected to decrease at a much lower rate. During the bear market, Phuoc Hoa is likely to outperform the market. Please check Phuoc Hoa's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Phuoc Hoa's historical price patterns will revert.
Auto-correlation | -0.91 |
Near perfect reversele predictability
Phuoc Hoa Rubber has near perfect reversele predictability. Overlapping area represents the amount of predictability between Phuoc Hoa time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Phuoc Hoa Rubber price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Phuoc Hoa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 33.7 M |
Phuoc Hoa Rubber lagged returns against current returns
Autocorrelation, which is Phuoc Hoa 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 Phuoc Hoa's stock expected returns. We can calculate the autocorrelation of Phuoc Hoa returns to help us make a trade decision. For example, suppose you find that Phuoc Hoa 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 |
Phuoc Hoa 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 Phuoc Hoa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phuoc Hoa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phuoc Hoa stock over time.
Current vs Lagged Prices |
| Timeline |
Phuoc Hoa Lagged Returns
When evaluating Phuoc Hoa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phuoc Hoa stock have on its future price. Phuoc Hoa 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, Phuoc Hoa autocorrelation shows the relationship between Phuoc Hoa stock current value and its past values and can show if there is a momentum factor associated with investing in Phuoc Hoa Rubber.
Regressed Prices |
| Timeline |
Pair Trading with Phuoc Hoa
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Phuoc Hoa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Phuoc Hoa will appreciate offsetting losses from the drop in the long position's value.Moving together with Phuoc Stock
The ability to find closely correlated positions to Phuoc Hoa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phuoc Hoa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Phuoc Hoa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Phuoc Hoa Rubber to buy it.
The correlation of Phuoc Hoa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Phuoc Hoa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phuoc Hoa Rubber moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Phuoc Hoa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Phuoc Stock
Phuoc Hoa financial ratios help investors to determine whether Phuoc Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Phuoc with respect to the benefits of owning Phuoc Hoa security.