Phoenix Group Holdings Stock Market Value
| PNXGF Stock | USD 9.80 0.56 5.41% |
| 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 pink sheet 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.
| 01/18/2024 |
| 01/07/2026 |
If you would invest 0.00 in Phoenix Group on January 18, 2024 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 720 days. Phoenix Group is related to or competes with Ageas SA/NV, Sun Life, Israel Discount, IGM Financial, Alpha Bank, and Sanlam. Phoenix Group Holdings plc operates in the long-term savings and retirement business 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 pink sheet 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.
| Information Ratio | 0.0299 | |||
| Maximum Drawdown | 16.8 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 3.08 |
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 | 0.0642 | |||
| Jensen Alpha | 0.1243 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.6411 |
Phoenix Group Holdings Backtested Returns
At this point, Phoenix Group is not too volatile. Phoenix Group Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0792, which implies the firm had a 0.0792 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Phoenix Group Holdings, which you can use to evaluate the volatility of the company. Please check Phoenix Group's Variance of 3.75, risk adjusted performance of 0.0642, and Coefficient Of Variation of 1262.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Phoenix Group has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.22, 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 1.94%. Please check Phoenix Group Holdings jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Phoenix Group Holdings will be following its historical price patterns.
Auto-correlation | 0.65 |
Good predictability
Phoenix Group Holdings has good predictability. Overlapping area represents the amount of predictability between Phoenix Group time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th of January 2026. 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 0.65 indicates that roughly 65.0% of current Phoenix Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 1.64 |
Phoenix Group Holdings lagged returns against current returns
Autocorrelation, which is Phoenix Group pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix Group pink sheet 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 pink sheet 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 pink sheet 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in Phoenix Pink Sheet
Phoenix Group financial ratios help investors to determine whether Phoenix Pink Sheet 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.