Phoenix Group's market value is the price at which a share of Phoenix Group trades on a public exchange. It measures the collective expectations of Phoenix Group Holdings investors about its performance. Phoenix Group is trading at 6.21 as of the 2nd of February 2025. This is a 0.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 6.21. With this module, you can estimate the performance of a buy and hold strategy of Phoenix Group Holdings and determine expected loss or profit from investing in Phoenix Group over a given investment horizon. Check out Phoenix Group Correlation, Phoenix Group Volatility and Phoenix Group Alpha and Beta module to complement your research on Phoenix Group.
Please note, there is a significant difference between Phoenix Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Phoenix Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Phoenix Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Phoenix Group.
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01/03/2025
No Change 0.00
0.0
In 31 days
02/02/2025
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If you would invest 0.00 in Phoenix Group on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Phoenix Group Holdings or generate 0.0% return on investment in Phoenix Group over 30 days. Phoenix Group is related to or competes with Universal Health, MOUNT GIBSON, Molina Healthcare, BlueScope Steel, DENTSPLY SIRONA, US Physical, and HEALTHSTREAM (HL5SG). Phoenix Group Holdings plc engages in the long-term savings and retirement busines in Europe More
Phoenix Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Phoenix Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Phoenix Group Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix Group's standard deviation. In reality, there are many statistical measures that can use Phoenix Group historical prices to predict the future Phoenix Group's volatility.
At this point, Phoenix Group is somewhat reliable. Phoenix Group Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.025, which implies the firm had a 0.025 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Phoenix Group Holdings, which you can use to evaluate the volatility of the company. Please check Phoenix Group's Semi Deviation of 1.53, risk adjusted performance of 0.0203, and Coefficient Of Variation of 5367.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.0378%. Phoenix Group has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Phoenix Group are expected to decrease at a much lower rate. During the bear market, Phoenix Group is likely to outperform the market. Phoenix Group Holdings right now holds a risk of 1.51%. Please check Phoenix Group Holdings downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Phoenix Group Holdings will be following its historical price patterns.
Auto-correlation
-0.46
Modest reverse predictability
Phoenix Group Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Phoenix Group time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Phoenix Group Holdings price movement. The serial correlation of -0.46 indicates that about 46.0% of current Phoenix Group price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.46
Spearman Rank Test
-0.79
Residual Average
0.0
Price Variance
0.01
Phoenix Group Holdings lagged returns against current returns
Autocorrelation, which is Phoenix Group stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Phoenix Group's stock expected returns. We can calculate the autocorrelation of Phoenix Group returns to help us make a trade decision. For example, suppose you find that Phoenix Group has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Phoenix Group regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Phoenix Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix Group stock over time.
Current vs Lagged Prices
Timeline
Phoenix Group Lagged Returns
When evaluating Phoenix Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix Group stock have on its future price. Phoenix Group autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Phoenix Group autocorrelation shows the relationship between Phoenix Group stock current value and its past values and can show if there is a momentum factor associated with investing in Phoenix Group Holdings.
Phoenix Group financial ratios help investors to determine whether Phoenix 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 Phoenix with respect to the benefits of owning Phoenix Group security.