PHOENIX INVESTMENT (Mauritius) Market Value
| PHIN Stock | 421.00 9.00 2.09% |
| Symbol | PHOENIX |
PHOENIX INVESTMENT '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 INVESTMENT'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 INVESTMENT.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in PHOENIX INVESTMENT on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding PHOENIX INVESTMENT PANY or generate 0.0% return on investment in PHOENIX INVESTMENT over 30 days.
PHOENIX INVESTMENT 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 INVESTMENT'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 INVESTMENT PANY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2971 | |||
| Maximum Drawdown | 5.47 | |||
| Potential Upside | 2.51 |
PHOENIX INVESTMENT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PHOENIX INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PHOENIX INVESTMENT's standard deviation. In reality, there are many statistical measures that can use PHOENIX INVESTMENT historical prices to predict the future PHOENIX INVESTMENT's volatility.| Risk Adjusted Performance | 0.2987 | |||
| Jensen Alpha | 0.3031 | |||
| Total Risk Alpha | 0.2647 | |||
| Treynor Ratio | 6.76 |
PHOENIX INVESTMENT PANY Backtested Returns
PHOENIX INVESTMENT appears to be very steady, given 3 months investment horizon. PHOENIX INVESTMENT PANY maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the firm had a 0.36 % return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for PHOENIX INVESTMENT PANY, which you can use to evaluate the volatility of the company. Please evaluate PHOENIX INVESTMENT's coefficient of variation of 285.22, and Risk Adjusted Performance of 0.2987 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PHOENIX INVESTMENT holds a performance score of 28. The company holds a Beta of 0.0451, which implies not very significant fluctuations relative to the market. As returns on the market increase, PHOENIX INVESTMENT's returns are expected to increase less than the market. However, during the bear market, the loss of holding PHOENIX INVESTMENT is expected to be smaller as well. Please check PHOENIX INVESTMENT's total risk alpha, skewness, daily balance of power, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether PHOENIX INVESTMENT's historical price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
PHOENIX INVESTMENT PANY has modest predictability. Overlapping area represents the amount of predictability between PHOENIX INVESTMENT time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 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 INVESTMENT PANY price movement. The serial correlation of 0.55 indicates that about 55.0% of current PHOENIX INVESTMENT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 22.32 |
PHOENIX INVESTMENT PANY lagged returns against current returns
Autocorrelation, which is PHOENIX INVESTMENT 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 INVESTMENT's stock expected returns. We can calculate the autocorrelation of PHOENIX INVESTMENT returns to help us make a trade decision. For example, suppose you find that PHOENIX INVESTMENT 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 INVESTMENT 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 INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PHOENIX INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PHOENIX INVESTMENT stock over time.
Current vs Lagged Prices |
| Timeline |
PHOENIX INVESTMENT Lagged Returns
When evaluating PHOENIX INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PHOENIX INVESTMENT stock have on its future price. PHOENIX INVESTMENT 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 INVESTMENT autocorrelation shows the relationship between PHOENIX INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in PHOENIX INVESTMENT PANY.
Regressed Prices |
| Timeline |
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