Pharmx Technologies (Australia) Market Value
| PHX Stock | 0.09 0.01 6.25% |
| Symbol | Pharmx |
Pharmx Technologies '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 Pharmx Technologies' stock 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 Pharmx Technologies.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Pharmx Technologies on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Pharmx Technologies or generate 0.0% return on investment in Pharmx Technologies over 90 days. Pharmx Technologies is related to or competes with Adriatic Metals, Australian Agricultural, Vaneck Ftse, Errawarra Resources, and Imugene. Pharmx Technologies is entity of Australia More
Pharmx Technologies 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 Pharmx Technologies' stock 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 Pharmx Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.23 | |||
| Information Ratio | 0.0786 | |||
| Maximum Drawdown | 12.2 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 4.0 |
Pharmx Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pharmx Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pharmx Technologies' standard deviation. In reality, there are many statistical measures that can use Pharmx Technologies historical prices to predict the future Pharmx Technologies' volatility.| Risk Adjusted Performance | 0.1454 | |||
| Jensen Alpha | 0.3202 | |||
| Total Risk Alpha | 0.0098 | |||
| Sortino Ratio | 0.0695 | |||
| Treynor Ratio | (1.08) |
Pharmx Technologies Backtested Returns
Pharmx Technologies appears to be out of control, given 3 months investment horizon. Pharmx Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pharmx Technologies, which you can use to evaluate the volatility of the company. Please evaluate Pharmx Technologies' Risk Adjusted Performance of 0.1454, coefficient of variation of 666.28, and Semi Deviation of 1.29 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pharmx Technologies holds a performance score of 11. The company holds a Beta of -0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pharmx Technologies are expected to decrease at a much lower rate. During the bear market, Pharmx Technologies is likely to outperform the market. Please check Pharmx Technologies' downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Pharmx Technologies' historical price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Pharmx Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between Pharmx Technologies time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pharmx Technologies price movement. The serial correlation of 0.0 indicates that just 0.0% of current Pharmx Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pharmx Technologies lagged returns against current returns
Autocorrelation, which is Pharmx Technologies stock'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 Pharmx Technologies' stock expected returns. We can calculate the autocorrelation of Pharmx Technologies returns to help us make a trade decision. For example, suppose you find that Pharmx Technologies has exhibited high autocorrelation historically, and you observe that the stock 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 |
Pharmx Technologies 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 Pharmx Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pharmx Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pharmx Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Pharmx Technologies Lagged Returns
When evaluating Pharmx Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pharmx Technologies stock have on its future price. Pharmx Technologies 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, Pharmx Technologies autocorrelation shows the relationship between Pharmx Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Pharmx Technologies.
Regressed Prices |
| Timeline |
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Additional Tools for Pharmx Stock Analysis
When running Pharmx Technologies' price analysis, check to measure Pharmx Technologies' 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 Pharmx Technologies is operating at the current time. Most of Pharmx Technologies' value examination focuses on studying past and present price action to predict the probability of Pharmx Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharmx Technologies' price. Additionally, you may evaluate how the addition of Pharmx Technologies to your portfolios can decrease your overall portfolio volatility.