Phn Canadian Equity Fund Price on September 11, 2024
| 0P0000N468 | CAD 22.63 0.31 1.39% |
Below is the normalized historical share price chart for PHN Canadian Equity extending back to January 02, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PHN Canadian stands at 22.63, as last reported on the 24th of November, with the highest price reaching 22.63 and the lowest price hitting 22.63 during the day.
If you're considering investing in PHN Fund, it is important to understand the factors that can impact its price. As of now, PHN Fund is very steady. PHN Canadian Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for PHN Canadian Equity, which you can use to evaluate the volatility of the fund. Please check PHN Canadian's semi deviation of 0.1717, and Risk Adjusted Performance of 0.2157 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
PHN Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
PHN |
Sharpe Ratio = 0.2062
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| Cash | 0P0000N468 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average PHN Canadian is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PHN Canadian by adding it to a well-diversified portfolio.
PHN Canadian Valuation on September 11, 2024
It is possible to determine the worth of PHN Canadian on a given historical date. On September 11, 2024 PHN was worth 20.72 at the beginning of the trading date compared to the closed value of 20.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PHN Canadian fund. Still, in general, we apply an absolute valuation method to find PHN Canadian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PHN Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PHN Canadian's related companies.
| Open | High | Low | Close | Volume | |
| 20.55 | 20.55 | 20.55 | 20.55 | 1.00 | |
09/11/2024 | 20.72 | 20.72 | 20.72 | 20.72 | 1.00 |
| 20.92 | 20.92 | 20.92 | 20.92 | 1.00 |
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PHN Canadian Trading Date Momentum on September 11, 2024
| On September 12 2024 PHN Canadian Equity was traded for 20.92 at the closing time. The highest price during the trading period was 20.92 and the lowest recorded bid was listed for 20.92 . There was no trading activity during the period 1.0. Lack of trading volume on September 12, 2024 contributed to the next trading day price boost. The daily price change to the next closing price was 0.97% . The trading delta at closing time to the current price is 2.85% . |
PHN Canadian Equity Fundamentals Correlations and Trends
By evaluating PHN Canadian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PHN Canadian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PHN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PHN Canadian Fund history
PHN Canadian investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PHN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PHN Canadian Equity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PHN Canadian stock prices may prove useful in developing a viable investing in PHN Canadian
PHN Canadian Fund Technical Analysis
PHN Canadian technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
PHN Canadian Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
PHN Canadian Equity cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PHN Canadian November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how PHN Canadian fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PHN Canadian shares will generate the highest return on investment. By undertsting and applying PHN Canadian fund market strength indicators, traders can identify PHN Canadian Equity entry and exit signals to maximize returns
PHN Canadian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PHN Canadian's price direction in advance. Along with the technical and fundamental analysis of PHN Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of PHN to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2157 | |||
| Jensen Alpha | 0.1342 | |||
| Total Risk Alpha | 0.058 | |||
| Sortino Ratio | 0.0415 | |||
| Treynor Ratio | 2.69 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in PHN Fund
PHN Canadian financial ratios help investors to determine whether PHN Fund 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 PHN with respect to the benefits of owning PHN Canadian security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |