Phx Minerals Stock Market Value
| PHX Stock | USD 3.74 0.05 1.32% |
| Symbol | PHX |
PHX Minerals Price To Book Ratio
Is Oil & Gas Exploration & Production 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 PHX Minerals. If investors know PHX 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 PHX Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Dividend Share 0.13 | Revenue Per Share 0.881 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0365 |
The market value of PHX Minerals is measured differently than its book value, which is the value of PHX that is recorded on the company's balance sheet. Investors also form their own opinion of PHX Minerals' value that differs from its market value or its book value, called intrinsic value, which is PHX Minerals' 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 PHX Minerals' market value can be influenced by many factors that don't directly affect PHX Minerals' 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 PHX Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if PHX Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PHX Minerals' 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.
PHX Minerals '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 PHX Minerals' 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 PHX Minerals.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in PHX Minerals on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding PHX Minerals or generate 0.0% return on investment in PHX Minerals over 720 days. PHX Minerals is related to or competes with Permianville Royalty, Mesa Royalty, Sabine Royalty, and San Juan. PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States More
PHX Minerals 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 PHX Minerals' 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 PHX Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 3.98 |
PHX Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PHX Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PHX Minerals' standard deviation. In reality, there are many statistical measures that can use PHX Minerals historical prices to predict the future PHX Minerals' volatility.| Risk Adjusted Performance | 0.0701 | |||
| Jensen Alpha | 0.1393 | |||
| Total Risk Alpha | 0.0655 | |||
| Sortino Ratio | 0.0623 | |||
| Treynor Ratio | 0.3391 |
PHX Minerals Backtested Returns
PHX Minerals appears to be slightly risky, given 3 months investment horizon. PHX Minerals maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for PHX Minerals, which you can use to evaluate the volatility of the company. Please evaluate PHX Minerals' Market Risk Adjusted Performance of 0.3491, semi deviation of 1.59, and Risk Adjusted Performance of 0.0701 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PHX Minerals holds a performance score of 8. The company holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PHX Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding PHX Minerals is expected to be smaller as well. Please check PHX Minerals' treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to make a quick decision on whether PHX Minerals' historical price patterns will revert.
Auto-correlation | 0.40 |
Average predictability
PHX Minerals has average predictability. Overlapping area represents the amount of predictability between PHX Minerals time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 PHX Minerals price movement. The serial correlation of 0.4 indicates that just about 40.0% of current PHX Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
PHX Minerals lagged returns against current returns
Autocorrelation, which is PHX Minerals 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 PHX Minerals' stock expected returns. We can calculate the autocorrelation of PHX Minerals returns to help us make a trade decision. For example, suppose you find that PHX Minerals 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 |
PHX Minerals 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 PHX Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PHX Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PHX Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
PHX Minerals Lagged Returns
When evaluating PHX Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PHX Minerals stock have on its future price. PHX Minerals 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, PHX Minerals autocorrelation shows the relationship between PHX Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in PHX Minerals.
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 PHX Stock Analysis
When running PHX Minerals' price analysis, check to measure PHX Minerals' 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 PHX Minerals is operating at the current time. Most of PHX Minerals' value examination focuses on studying past and present price action to predict the probability of PHX Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHX Minerals' price. Additionally, you may evaluate how the addition of PHX Minerals to your portfolios can decrease your overall portfolio volatility.