Phoenix Spree (UK) Market Value
| PSDL Stock | 167.50 2.50 1.52% |
| Symbol | Phoenix |
Phoenix Spree '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 Spree'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 Spree.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in Phoenix Spree on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Phoenix Spree Deutschland or generate 0.0% return on investment in Phoenix Spree over 90 days. Phoenix Spree is related to or competes with Mobile Tornado, JD Sports, Jupiter Fund, Fresenius Medical, Waste Management, Geely Automobile, and Spirent Communications. More
Phoenix Spree 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 Spree'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 Spree Deutschland upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.58 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.44 |
Phoenix Spree Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix Spree's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix Spree's standard deviation. In reality, there are many statistical measures that can use Phoenix Spree historical prices to predict the future Phoenix Spree's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (6.29) |
Phoenix Spree Deutschland Backtested Returns
Phoenix Spree Deutschland maintains Sharpe Ratio (i.e., Efficiency) of -0.0793, which implies the firm had a -0.0793 % return per unit of risk over the last 3 months. Phoenix Spree Deutschland exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phoenix Spree's Coefficient Of Variation of (1,262), variance of 1.82, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The company holds a Beta of 0.0186, which implies not very significant fluctuations relative to the market. As returns on the market increase, Phoenix Spree's returns are expected to increase less than the market. However, during the bear market, the loss of holding Phoenix Spree is expected to be smaller as well. At this point, Phoenix Spree Deutschland has a negative expected return of -0.11%. Please make sure to check Phoenix Spree's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Phoenix Spree Deutschland performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Phoenix Spree Deutschland has virtually no predictability. Overlapping area represents the amount of predictability between Phoenix Spree time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st 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 Spree Deutschland price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Phoenix Spree price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 4.73 |
Phoenix Spree Deutschland lagged returns against current returns
Autocorrelation, which is Phoenix Spree 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 Spree's stock expected returns. We can calculate the autocorrelation of Phoenix Spree returns to help us make a trade decision. For example, suppose you find that Phoenix Spree 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 Spree 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 Spree stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix Spree stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix Spree stock over time.
Current vs Lagged Prices |
| Timeline |
Phoenix Spree Lagged Returns
When evaluating Phoenix Spree's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix Spree stock have on its future price. Phoenix Spree 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 Spree autocorrelation shows the relationship between Phoenix Spree stock current value and its past values and can show if there is a momentum factor associated with investing in Phoenix Spree Deutschland.
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 Spree's price analysis, check to measure Phoenix Spree'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 Spree is operating at the current time. Most of Phoenix Spree's value examination focuses on studying past and present price action to predict the probability of Phoenix Spree'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 Spree's price. Additionally, you may evaluate how the addition of Phoenix Spree to your portfolios can decrease your overall portfolio volatility.