Philex Mining Stock Market Value
| PXMFF Stock | USD 0.16 0.00 0.00% |
| Symbol | Philex |
Philex Mining '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 Philex Mining'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 Philex Mining.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in Philex Mining on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Philex Mining or generate 0.0% return on investment in Philex Mining over 30 days. Philex Mining is related to or competes with Metals X, Rare Element, Monarch Cement, Boss Resources, BCI Minerals, Sayona Mining, and Chalice Mining. Philex Mining Corporation, together with its subsidiaries, engages in the exploration, development, and utilization of m... More
Philex Mining 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 Philex Mining'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 Philex Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.126 | |||
| Maximum Drawdown | 62.19 |
Philex Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Philex Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Philex Mining's standard deviation. In reality, there are many statistical measures that can use Philex Mining historical prices to predict the future Philex Mining's volatility.| Risk Adjusted Performance | 0.104 | |||
| Jensen Alpha | 0.8248 | |||
| Total Risk Alpha | 0.4318 | |||
| Treynor Ratio | 0.6284 |
Philex Mining Backtested Returns
Philex Mining appears to be out of control, given 3 months investment horizon. Philex Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. By analyzing Philex Mining's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please evaluate Philex Mining's Coefficient Of Variation of 742.46, risk adjusted performance of 0.104, and Variance of 45.04 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Philex Mining holds a performance score of 10. The company holds a Beta of 1.42, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Philex Mining will likely underperform. Please check Philex Mining's standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to make a quick decision on whether Philex Mining's historical price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Philex Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Philex Mining time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd 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 Philex Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Philex Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Philex Mining lagged returns against current returns
Autocorrelation, which is Philex Mining 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 Philex Mining's pink sheet expected returns. We can calculate the autocorrelation of Philex Mining returns to help us make a trade decision. For example, suppose you find that Philex Mining 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 |
Philex Mining 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 Philex Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Philex Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Philex Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Philex Mining Lagged Returns
When evaluating Philex Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Philex Mining pink sheet have on its future price. Philex Mining 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, Philex Mining autocorrelation shows the relationship between Philex Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Philex Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Philex Pink Sheet
Philex Mining financial ratios help investors to determine whether Philex 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 Philex with respect to the benefits of owning Philex Mining security.