PHOENIX N is selling for under 422.00 as of the 26th of December 2024; that is 1.44 percent increase since the beginning of the trading day. The stock's lowest day price was 412.0. PHOENIX N has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 5th of February 2023 and ending today, the 26th of December 2024. Click here to learn more.
Although PHOENIX N's alpha and beta are two of the key measurements used to evaluate PHOENIX N's performance over the market, the standard measures of volatility play an important role as well.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PHOENIX N stock to make a market-neutral strategy. Peer analysis of PHOENIX N could also be used in its relative valuation, which is a method of valuing PHOENIX N by comparing valuation metrics with similar companies.
When running PHOENIX N's price analysis, check to measure PHOENIX N'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 PHOENIX N is operating at the current time. Most of PHOENIX N's value examination focuses on studying past and present price action to predict the probability of PHOENIX N's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHOENIX N's price. Additionally, you may evaluate how the addition of PHOENIX N to your portfolios can decrease your overall portfolio volatility.