PHX Stock Forecast is based on your current time horizon. Although PHX Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of PHX Energy's systematic risk associated with finding meaningful patterns of PHX Energy fundamentals over time.
PHX Energy Services has current Day Typical Price of 9.66. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On November 28 2024 PHX Energy Services was traded for 9.62 at the closing time. The maximum traded price for the trading interval was 9.79 and the lowest daily price was 9.56 . There was no trading activity during the period 0.0. Lack of trading volume on 28th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.62% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in PHX, whether a beginner or expert, PHX Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PHX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PHX. Basic forecasting techniques help filter out the noise by identifying PHX Energy's price trends.
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 PHX Energy stock to make a market-neutral strategy. Peer analysis of PHX Energy could also be used in its relative valuation, which is a method of valuing PHX Energy by comparing valuation metrics with similar companies.
PHX Energy Services Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of PHX Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of PHX Energy's current price.
Market strength indicators help investors to evaluate how PHX Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PHX Energy shares will generate the highest return on investment. By undertsting and applying PHX Energy stock market strength indicators, traders can identify PHX Energy Services entry and exit signals to maximize returns.
The analysis of PHX Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PHX Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting phx stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Other Information on Investing in PHX Stock
PHX Energy financial ratios help investors to determine whether PHX 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.