Phenom Resources' market value is the price at which a share of Phenom Resources trades on a public exchange. It measures the collective expectations of Phenom Resources Corp investors about its performance. Phenom Resources is trading at 0.17 as of the 27th of July 2025. This is a 5.56% down since the beginning of the trading day. The stock's lowest day price was 0.16. With this module, you can estimate the performance of a buy and hold strategy of Phenom Resources Corp and determine expected loss or profit from investing in Phenom Resources over a given investment horizon. Check out Phenom Resources Correlation, Phenom Resources Volatility and Phenom Resources Alpha and Beta module to complement your research on Phenom Resources.
Please note, there is a significant difference between Phenom Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phenom Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phenom Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Phenom Resources '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 Phenom Resources' otc 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 Phenom Resources.
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04/28/2025
No Change 0.00
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In 3 months and 1 day
07/27/2025
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If you would invest 0.00 in Phenom Resources on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Phenom Resources Corp or generate 0.0% return on investment in Phenom Resources over 90 days. Phenom Resources is related to or competes with FPX Nickel, Goldshore Resources, and Southern Silver. Phenom Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Can... More
Phenom Resources 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 Phenom Resources' otc 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 Phenom Resources Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phenom Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phenom Resources' standard deviation. In reality, there are many statistical measures that can use Phenom Resources historical prices to predict the future Phenom Resources' volatility.
Phenom Resources Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0637, which implies the firm had a -0.0637 % return per unit of risk over the last 3 months. Phenom Resources Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phenom Resources' Variance of 28.18, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,188) to confirm the risk estimate we provide. The company holds a Beta of 0.97, which implies possible diversification benefits within a given portfolio. Phenom Resources returns are very sensitive to returns on the market. As the market goes up or down, Phenom Resources is expected to follow. At this point, Phenom Resources Corp has a negative expected return of -0.34%. Please make sure to check Phenom Resources' treynor ratio and the relationship between the skewness and price action indicator , to decide if Phenom Resources Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.24
Weak reverse predictability
Phenom Resources Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Phenom Resources time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th 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 Phenom Resources Corp price movement. The serial correlation of -0.24 indicates that over 24.0% of current Phenom Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.24
Spearman Rank Test
-0.44
Residual Average
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Price Variance
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Phenom Resources Corp lagged returns against current returns
Autocorrelation, which is Phenom Resources otc 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 Phenom Resources' otc stock expected returns. We can calculate the autocorrelation of Phenom Resources returns to help us make a trade decision. For example, suppose you find that Phenom Resources has exhibited high autocorrelation historically, and you observe that the otc 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
Phenom Resources 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 Phenom Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phenom Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phenom Resources otc stock over time.
Current vs Lagged Prices
Timeline
Phenom Resources Lagged Returns
When evaluating Phenom Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phenom Resources otc stock have on its future price. Phenom Resources 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, Phenom Resources autocorrelation shows the relationship between Phenom Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Phenom Resources Corp.
Other Information on Investing in Phenom OTC Stock
Phenom Resources financial ratios help investors to determine whether Phenom 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 Phenom with respect to the benefits of owning Phenom Resources security.