Phoenix Global (UK) Market Value
| PXC Stock | 2.75 0.38 12.14% |
| Symbol | Phoenix |
Phoenix Global '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 Global'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 Phoenix Global.
| 03/13/2023 |
| 03/02/2025 |
If you would invest 0.00 in Phoenix Global on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Phoenix Global Mining or generate 0.0% return on investment in Phoenix Global over 720 days. Phoenix Global is related to or competes with Givaudan, Antofagasta PLC, Atalaya Mining, Ferrexpo PLC, Amaroq Minerals, Central Asia, and Metals Exploration. Phoenix Global is entity of United Kingdom More
Phoenix Global 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 Global'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 Phoenix Global Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 32.89 | |||
| Value At Risk | (11.21) | |||
| Potential Upside | 5.56 |
Phoenix Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix Global's standard deviation. In reality, there are many statistical measures that can use Phoenix Global historical prices to predict the future Phoenix Global's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (1.24) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 1.36 |
Phoenix Global Mining Backtested Returns
Phoenix Global Mining maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the firm had a -0.21 % return per unit of risk over the last 3 months. Phoenix Global Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phoenix Global's Risk Adjusted Performance of (0.15), coefficient of variation of (450.00), and Variance of 29.47 to confirm the risk estimate we provide. The company holds a Beta of -0.89, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Phoenix Global are expected to decrease slowly. On the other hand, during market turmoil, Phoenix Global is expected to outperform it slightly. At this point, Phoenix Global Mining has a negative expected return of -1.14%. Please make sure to check Phoenix Global's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Phoenix Global Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Phoenix Global Mining has average predictability. Overlapping area represents the amount of predictability between Phoenix Global time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Global Mining price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Phoenix Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 41.5 |
Phoenix Global Mining lagged returns against current returns
Autocorrelation, which is Phoenix Global 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 Global's stock expected returns. We can calculate the autocorrelation of Phoenix Global returns to help us make a trade decision. For example, suppose you find that Phoenix Global 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 Global 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 Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix Global stock over time.
Current vs Lagged Prices |
| Timeline |
Phoenix Global Lagged Returns
When evaluating Phoenix Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix Global stock have on its future price. Phoenix Global 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 Global autocorrelation shows the relationship between Phoenix Global stock current value and its past values and can show if there is a momentum factor associated with investing in Phoenix Global Mining.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Phoenix Stock
Phoenix Global financial ratios help investors to determine whether Phoenix 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 Phoenix with respect to the benefits of owning Phoenix Global security.