Phx Energy Services Stock Price Transform Average Price

PHX Stock  CAD 9.62  0.10  1.05%   
PHX Energy price transform tool provides the execution environment for running the Average Price transformation and other technical functions against PHX Energy. PHX Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Average Price transformation function is designed to identify and follow existing trends. PHX Energy price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. PHX Energy Services Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

PHX Energy Technical Analysis Modules

Most technical analysis of PHX Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for PHX from various momentum indicators to cycle indicators. When you analyze PHX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About PHX Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PHX Energy Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of PHX Energy Services based on widely used predictive technical indicators. In general, we focus on analyzing PHX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PHX Energy's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of PHX Energy's intrinsic value. In addition to deriving basic predictive indicators for PHX Energy, we also check how macroeconomic factors affect PHX Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.03890.07490.071
Price To Sales Ratio0.730.611.22
Hype
Prediction
LowEstimatedHigh
7.769.6211.48
Details
Intrinsic
Valuation
LowRealHigh
7.679.5311.39
Details
Naive
Forecast
LowNextHigh
7.709.5611.43
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.280.290.30
Details

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PHX Energy Services pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PHX Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PHX Energy will appreciate offsetting losses from the drop in the long position's value.

PHX Energy Pair Trading

PHX Energy Services Pair Trading Analysis

Other Information on Investing in PHX Stock

PHX Energy financial ratios help investors to determine whether PHX Stock 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 PHX with respect to the benefits of owning PHX Energy security.