Pyrophyte Acquisition Corp Stock Market Value
| PHYT Stock | USD 11.45 0.05 0.43% |
| Symbol | Pyrophyte |
Pyrophyte Acquisition Price To Book Ratio
Is Asset Management & Custody Banks 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 Pyrophyte Acquisition. If investors know Pyrophyte 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 Pyrophyte Acquisition 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 (0.93) | Earnings Share 0.2 | Return On Assets (0.03) |
The market value of Pyrophyte Acquisition is measured differently than its book value, which is the value of Pyrophyte that is recorded on the company's balance sheet. Investors also form their own opinion of Pyrophyte Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Pyrophyte Acquisition'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 Pyrophyte Acquisition's market value can be influenced by many factors that don't directly affect Pyrophyte Acquisition'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 Pyrophyte Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pyrophyte Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pyrophyte Acquisition'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.
Pyrophyte Acquisition '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 Pyrophyte Acquisition'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 Pyrophyte Acquisition.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Pyrophyte Acquisition on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Pyrophyte Acquisition Corp or generate 0.0% return on investment in Pyrophyte Acquisition over 60 days. Pyrophyte Acquisition is related to or competes with Cartesian Growth, Oak Woods, and Global Blockchain. Pyrophyte Acquisition Corp. does not have significant operations More
Pyrophyte Acquisition 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 Pyrophyte Acquisition'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 Pyrophyte Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.97) | |||
| Maximum Drawdown | 0.8715 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.1739 |
Pyrophyte Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pyrophyte Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pyrophyte Acquisition's standard deviation. In reality, there are many statistical measures that can use Pyrophyte Acquisition historical prices to predict the future Pyrophyte Acquisition's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pyrophyte Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pyrophyte Acquisition Backtested Returns
Pyrophyte Acquisition maintains Sharpe Ratio (i.e., Efficiency) of -0.056, which implies the firm had a -0.056% return per unit of risk over the last 3 months. Pyrophyte Acquisition exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pyrophyte Acquisition's Coefficient Of Variation of (1,762), risk adjusted performance of (0.09), and Variance of 0.019 to confirm the risk estimate we provide. The company holds a Beta of 0.0139, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pyrophyte Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pyrophyte Acquisition is expected to be smaller as well. At this point, Pyrophyte Acquisition has a negative expected return of -0.0068%. Please make sure to check Pyrophyte Acquisition's total risk alpha and rate of daily change , to decide if Pyrophyte Acquisition performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.81 |
Excellent reverse predictability
Pyrophyte Acquisition Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Pyrophyte Acquisition time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 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 Pyrophyte Acquisition price movement. The serial correlation of -0.81 indicates that around 81.0% of current Pyrophyte Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pyrophyte Acquisition lagged returns against current returns
Autocorrelation, which is Pyrophyte Acquisition 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 Pyrophyte Acquisition's stock expected returns. We can calculate the autocorrelation of Pyrophyte Acquisition returns to help us make a trade decision. For example, suppose you find that Pyrophyte Acquisition 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 |
Pyrophyte Acquisition 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 Pyrophyte Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pyrophyte Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pyrophyte Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Pyrophyte Acquisition Lagged Returns
When evaluating Pyrophyte Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pyrophyte Acquisition stock have on its future price. Pyrophyte Acquisition 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, Pyrophyte Acquisition autocorrelation shows the relationship between Pyrophyte Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Pyrophyte Acquisition Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pyrophyte Stock Analysis
When running Pyrophyte Acquisition's price analysis, check to measure Pyrophyte Acquisition'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 Pyrophyte Acquisition is operating at the current time. Most of Pyrophyte Acquisition's value examination focuses on studying past and present price action to predict the probability of Pyrophyte Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyrophyte Acquisition's price. Additionally, you may evaluate how the addition of Pyrophyte Acquisition to your portfolios can decrease your overall portfolio volatility.