Phoenix Group (UK) Market Value
| PHNX Stock | 513.00 2.50 0.48% |
| Symbol | Phoenix |
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.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Phoenix Group on January 17, 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 Alaska Air, Batm Advanced, Zoom Video, Universal Display, Wizz Air, Ryanair Holdings, and Verizon Communications. Phoenix Group is entity of United Kingdom 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.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0676 | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.42 |
Phoenix Group Market Risk Indicators
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.| Risk Adjusted Performance | 0.0586 | |||
| Jensen Alpha | 0.0724 | |||
| Total Risk Alpha | 0.0708 | |||
| Sortino Ratio | 0.0637 | |||
| Treynor Ratio | 1.1 |
Phoenix Group Holdings Backtested Returns
Currently, Phoenix Group Holdings is very steady. Phoenix Group Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0333, which implies the firm had a 0.0333 % return per unit of risk over the last 3 months. We have found thirty 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 1.02, risk adjusted performance of 0.0586, and Coefficient Of Variation of 1280.98 to confirm if the risk estimate we provide is consistent with the expected return of 0.0352%. Phoenix Group has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.0656, which implies not very significant fluctuations relative to the market. As returns on the market increase, Phoenix Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Phoenix Group is expected to be smaller as well. Phoenix Group Holdings right now holds a risk of 1.05%. Please check Phoenix Group Holdings treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Phoenix Group Holdings will be following its historical price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Phoenix Group Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between Phoenix Group time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th 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 -0.14 indicates that less than 14.0% of current Phoenix Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 18.2 |
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.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Phoenix Stock Analysis
When running Phoenix Group's price analysis, check to measure Phoenix Group'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 Phoenix Group is operating at the current time. Most of Phoenix Group's value examination focuses on studying past and present price action to predict the probability of Phoenix Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix Group's price. Additionally, you may evaluate how the addition of Phoenix Group to your portfolios can decrease your overall portfolio volatility.