Phenixfin Stock Probability of Future Stock Price Finishing Over 47.01
| PFX Stock | USD 46.74 0.01 0.02% |
Phenixfin |
Phenixfin Target Price Odds to finish over 47.01
The tendency of Phenixfin Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 47.01 or more in 90 days |
| 46.74 | 90 days | 47.01 | about 45.06 |
Based on a normal probability distribution, the odds of Phenixfin to move over $ 47.01 or more in 90 days from now is about 45.06 (This Phenixfin probability density function shows the probability of Phenixfin Stock to fall within a particular range of prices over 90 days) . Probability of Phenixfin price to stay between its current price of $ 46.74 and $ 47.01 at the end of the 90-day period is about 1.3 .
Considering the 90-day investment horizon Phenixfin has a beta of -0.0859 indicating as returns on the benchmark increase, returns on holding Phenixfin are expected to decrease at a much lower rate. During a bear market, however, Phenixfin is likely to outperform the market. Additionally Phenixfin has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Phenixfin Price Density |
| Price |
Predictive Modules for Phenixfin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phenixfin. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Phenixfin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Phenixfin is not an exception. The market had few large corrections towards the Phenixfin's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Phenixfin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Phenixfin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 8.22 | |
Ir | Information ratio | -0.11 |
Phenixfin Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Phenixfin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Phenixfin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Phenixfin is way too risky over 90 days horizon | |
| Phenixfin appears to be risky and price may revert if volatility continues | |
| Phenixfin has about 24.38 M in cash with (20.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.1. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 6934 shares by Amster Howard of Phenixfin subject to Rule 16b-3 |
Phenixfin Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Phenixfin Stock often depends not only on the future outlook of the current and potential Phenixfin's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Phenixfin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 M | |
| Cash And Short Term Investments | 6 M |
Phenixfin Technical Analysis
Phenixfin's future price can be derived by breaking down and analyzing its technical indicators over time. Phenixfin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Phenixfin. In general, you should focus on analyzing Phenixfin Stock price patterns and their correlations with different microeconomic environments and drivers.
Phenixfin Predictive Forecast Models
Phenixfin's time-series forecasting models is one of many Phenixfin's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Phenixfin's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Phenixfin
Checking the ongoing alerts about Phenixfin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Phenixfin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Phenixfin is way too risky over 90 days horizon | |
| Phenixfin appears to be risky and price may revert if volatility continues | |
| Phenixfin has about 24.38 M in cash with (20.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.1. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 6934 shares by Amster Howard of Phenixfin subject to Rule 16b-3 |
Additional Tools for Phenixfin Stock Analysis
When running Phenixfin's price analysis, check to measure Phenixfin'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 Phenixfin is operating at the current time. Most of Phenixfin's value examination focuses on studying past and present price action to predict the probability of Phenixfin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phenixfin's price. Additionally, you may evaluate how the addition of Phenixfin to your portfolios can decrease your overall portfolio volatility.