Phoenix Global (UK) Market Value
| PXC Stock | 4.25 0.50 10.53% |
| 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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Phoenix Global on December 15, 2024 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 90 days. Phoenix Global is related to or competes with Southern Copper, Alfa Financial, Critical Metals, Vitec Software, Silvercorp Metals, Optima Health, and Hochschild Mining. 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 | 0.0071 | |||
| Maximum Drawdown | 44.49 | |||
| Value At Risk | (11.21) | |||
| Potential Upside | 15.79 |
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 | 0.0039 | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | 0.9095 | |||
| Treynor Ratio | 0.0191 |
Phoenix Global Mining Backtested Returns
At this point, Phoenix Global is very risky. Phoenix Global Mining maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Phoenix Global Mining, which you can use to evaluate the volatility of the company. Please check Phoenix Global's Variance of 59.19, coefficient of variation of (17,462), and Risk Adjusted Performance of 0.0039 to confirm if the risk estimate we provide is consistent with the expected return of 0.0226%. The company holds a Beta of -2.82, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Phoenix Global are expected to decrease by larger amounts. On the other hand, during market turmoil, Phoenix Global is expected to outperform it. Phoenix Global Mining right now holds a risk of 7.83%. Please check Phoenix Global Mining accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Phoenix Global Mining will be following its historical price patterns.
Auto-correlation | 0.29 |
Poor predictability
Phoenix Global Mining has poor predictability. Overlapping area represents the amount of predictability between Phoenix Global 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 Phoenix Global Mining price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Phoenix Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
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 |
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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.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.