Phoenix Footwear Group Stock Market Value
| PXFG Stock | USD 0.01 0.00 0.00% |
| Symbol | Phoenix |
Phoenix Footwear '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 Footwear'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 Footwear.
| 02/01/2024 |
| 01/21/2026 |
If you would invest 0.00 in Phoenix Footwear on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Phoenix Footwear Group or generate 0.0% return on investment in Phoenix Footwear over 720 days. Phoenix Footwear Group, Inc. designs, develops, markets, and sells womens footwear primarily in the United States More
Phoenix Footwear 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 Footwear'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 Footwear Group upside and downside potential and time the market with a certain degree of confidence.
Phoenix Footwear Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix Footwear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix Footwear's standard deviation. In reality, there are many statistical measures that can use Phoenix Footwear historical prices to predict the future Phoenix Footwear's volatility.Phoenix Footwear Backtested Returns
We have found three technical indicators for Phoenix Footwear, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Phoenix Footwear are completely uncorrelated.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Phoenix Footwear Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Phoenix Footwear time series from 1st of February 2024 to 26th of January 2025 and 26th of January 2025 to 21st 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 Footwear price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Phoenix Footwear price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Phoenix Footwear lagged returns against current returns
Autocorrelation, which is Phoenix Footwear 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 Footwear's pink sheet expected returns. We can calculate the autocorrelation of Phoenix Footwear returns to help us make a trade decision. For example, suppose you find that Phoenix Footwear 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 Footwear 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 Footwear pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix Footwear 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 Footwear pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Phoenix Footwear Lagged Returns
When evaluating Phoenix Footwear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix Footwear pink sheet have on its future price. Phoenix Footwear 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 Footwear autocorrelation shows the relationship between Phoenix Footwear pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Phoenix Footwear Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Phoenix Pink Sheet
Phoenix Footwear 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 Footwear security.