Phenom Resources Corp Stock Analysis

Phenom OTC Stock Analysis Notes

The company has price-to-book ratio of 1.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Phenom Resources Corp recorded a loss per share of 0.03. The entity last dividend was issued on the 22nd of September 2017. The firm had 1:2 split on the 22nd of September 2017. Phenom Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. Phenom Resources Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada. Phenom Resources is traded on OTC Exchange in the United States.The quote for Phenom Resources Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Phenom Resources Corp learn more at https://www.phenomresources.com.

Phenom Resources Corp Investment Alerts

Phenom Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 31.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Phenom Resources's market, we take the total number of its shares issued and multiply it by Phenom Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 27th of November, Phenom Resources holds the Coefficient Of Variation of 4372.45, risk adjusted performance of 0.0259, and Semi Deviation of 3.65. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Phenom Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Phenom Resources Corp, which can be compared to its competitors. Please check Phenom Resources Corp variance, as well as the relationship between the maximum drawdown and semi variance to decide if Phenom Resources Corp is priced some-what accurately, providing market reflects its current price of 0.28 per share. As Phenom Resources Corp appears to be a penny stock we also advise to check out its total risk alpha numbers.

Phenom Resources Corp Price Movement Analysis

Phenom Resources Predictive Daily Indicators

Phenom Resources Forecast Models

Phenom Resources' time-series forecasting models are one of many Phenom Resources' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Phenom Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Phenom Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Phenom shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Phenom Resources. By using and applying Phenom OTC Stock analysis, traders can create a robust methodology for identifying Phenom entry and exit points for their positions.

When running Phenom Resources' price analysis, check to measure Phenom Resources' 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 Phenom Resources is operating at the current time. Most of Phenom Resources' value examination focuses on studying past and present price action to predict the probability of Phenom Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phenom Resources' price. Additionally, you may evaluate how the addition of Phenom Resources to your portfolios can decrease your overall portfolio volatility.