Phx Energy Services Stock Statistic Functions Beta

PHXHF Stock  USD 6.77  0.10  1.46%   
PHX Energy statistic functions tool provides the execution environment for running the Beta function 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. PHX Energy statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on PHX Energy Services correlated with the market. If Beta is less than 0 PHX Energy generally moves in the opposite direction as compared to the market. If PHX Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PHX Energy Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PHX Energy is generally in the same direction as the market. If Beta > 1 PHX Energy moves generally in the same direction as, but more than the movement of the benchmark.

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 OTC 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 statistic functions 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.
Hype
Prediction
LowEstimatedHigh
4.726.778.82
Details
Intrinsic
Valuation
LowRealHigh
4.816.868.91
Details
Naive
Forecast
LowNextHigh
4.636.688.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.606.967.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PHX Energy. Your research has to be compared to or analyzed against PHX Energy's peers to derive any actionable benefits. When done correctly, PHX Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PHX Energy Services.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Other Information on Investing in PHX OTC Stock

PHX Energy financial ratios help investors to determine whether PHX OTC 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.