Phoenix Footwear Group Probability of Future Pink Sheet Price Finishing Under 0.15
| PXFGDelisted Stock | USD 0.16 0.00 0.00% |
Phoenix |
Phoenix Footwear Target Price Odds to finish below 0.15
The tendency of Phoenix Pink Sheet 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 drop to $ 0.15 or more in 90 days |
| 0.16 | 90 days | 0.15 | about 28.81 |
Based on a normal probability distribution, the odds of Phoenix Footwear to drop to $ 0.15 or more in 90 days from now is about 28.81 (This Phoenix Footwear Group probability density function shows the probability of Phoenix Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Phoenix Footwear price to stay between $ 0.15 and its current price of $0.16 at the end of the 90-day period is about 21.07 .
Given the investment horizon of 90 days Phoenix Footwear Group has a beta of -1.99 indicating as returns on its benchmark rise, returns on holding Phoenix Footwear Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Phoenix Footwear is expected to outperform its benchmark. Additionally Phoenix Footwear Group has an alpha of 0.6503, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Phoenix Footwear Price Density |
| Price |
Predictive Modules for Phoenix Footwear
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phoenix Footwear. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Phoenix Footwear Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Phoenix Footwear is not an exception. The market had few large corrections towards the Phoenix Footwear'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 Phoenix Footwear Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Phoenix Footwear within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.65 | |
β | Beta against Dow Jones | -1.99 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.03 |
Phoenix Footwear 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 Phoenix Footwear for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Phoenix Footwear can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Phoenix Footwear is not yet fully synchronised with the market data | |
| Phoenix Footwear has some characteristics of a very speculative penny stock | |
| Phoenix Footwear has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 19.58 M. Net Loss for the year was (159 K) with profit before overhead, payroll, taxes, and interest of 7.43 M. |
Phoenix Footwear 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 Phoenix Pink Sheet often depends not only on the future outlook of the current and potential Phoenix Footwear'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. Phoenix Footwear's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.8 M |
Phoenix Footwear Technical Analysis
Phoenix Footwear's future price can be derived by breaking down and analyzing its technical indicators over time. Phoenix Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Phoenix Footwear Group. In general, you should focus on analyzing Phoenix Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Phoenix Footwear Predictive Forecast Models
Phoenix Footwear's time-series forecasting models is one of many Phoenix Footwear's pink sheet 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 Phoenix Footwear'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Phoenix Footwear
Checking the ongoing alerts about Phoenix Footwear for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Phoenix Footwear help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Phoenix Footwear is not yet fully synchronised with the market data | |
| Phoenix Footwear has some characteristics of a very speculative penny stock | |
| Phoenix Footwear has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 19.58 M. Net Loss for the year was (159 K) with profit before overhead, payroll, taxes, and interest of 7.43 M. |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Phoenix Pink Sheet
If you are still planning to invest in Phoenix Footwear check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Phoenix Footwear's history and understand the potential risks before investing.
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