Phx Energy Services Stock Math Transform Price Ceiling Movement

PHXHF Stock  USD 6.31  0.09  1.45%   
PHX Energy math transform tool provides the execution environment for running the Price Ceiling Movement transformation and other technical functions against PHX Energy. PHX Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math transform indicators. As with most other technical indicators, the Price Ceiling Movement transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in PHX Energy can be made when PHX Energy shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. PHX Energy Price Ceiling Movement function is a real number to the largest previous price integer.

PHX Energy Technical Analysis Modules

Most technical analysis of PHX Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for PHX from various momentum indicators to cycle indicators. When you analyze PHX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About PHX Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PHX Energy Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of PHX Energy Services based on widely used predictive technical indicators. In general, we focus on analyzing PHX OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PHX Energy's daily price indicators and compare them against related drivers, such as math transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of PHX Energy's intrinsic value. In addition to deriving basic predictive indicators for PHX Energy, we also check how macroeconomic factors affect PHX Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4.276.318.35
Details
Intrinsic
Valuation
LowRealHigh
4.496.538.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PHX Energy. Your research has to be compared to or analyzed against PHX Energy's peers to derive any actionable benefits. When done correctly, PHX Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PHX Energy Services.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Headlines Timeline Now

   

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
All  Next Launch Module

PHX Energy Services pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PHX Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PHX Energy will appreciate offsetting losses from the drop in the long position's value.

PHX Energy Pair Trading

PHX Energy Services Pair Trading Analysis

The ability to find closely correlated positions to PHX Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PHX Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PHX Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PHX Energy Services to buy it.
The correlation of PHX Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PHX Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PHX Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PHX Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in PHX OTC Stock

PHX Energy financial ratios help investors to determine whether PHX OTC 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 PHX with respect to the benefits of owning PHX Energy security.