Pyxis Story

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PXS -- USA Stock  

USD 0.90  0.03  3.23%

Considering the 60-days investment horizon, Pyxis Tankers is expected to generate 5.16 times more return on investment than the market. However, the company is 5.16 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of risk. While some of us are excited about industrials space, it makes sense to sum up Pyxis Tankers in greater detail to make a better estimate of its risk and reward. We will evaluate if Pyxis Tankers' current volatility will continue into December. The latest Pyxis risk factors may impact the value of the stock as we estimate Pyxis Tankers as currently undervalued. The real value is approaching 1.82 per share.
Published over a week ago
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Pyxis Tankers (NASDAQ:PXS) high volatility trend continues
Pyxis Tankers runs under Industrials sector within Marine Shipping industry. On a scale of 0 to 100, Pyxis Tankers holds a performance score of 8. The company holds a Beta of -0.0762, which implies not very significant fluctuations relative to the market. Let's try to break down what Pyxis's beta means in this case. As returns on the market increase, returns on owning Pyxis Tankers are expected to decrease at a much lower rate. During the bear market, Pyxis Tankers is likely to outperform the market. Although it is vital to follow Pyxis Tankers current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Pyxis Tankers, which you can use to evaluate the performance of the company. Please employ Pyxis Tankers treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price to make a quick decision on whether Pyxis Tankers historical price patterns will revert.
Volatility is a rate at which the price of Pyxis Tankers or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Pyxis Tankers may increase or decrease. In other words, similar to Pyxis's beta indicator, it measures the risk of Pyxis Tankers and helps estimate the fluctuations that may happen in a short period of time. So if prices of Pyxis Tankers fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

Watch out for price decline

Please consider monitoring Pyxis Tankers on a daily bases if you are holding a position in it. Pyxis Tankers is trading at a penny-stock level, and the possibility of delisting is much higher compared to other equities. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Pyxis Tankers stock to be traded above the $1 level to remain listed. If Pyxis Tankers stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is Pyxis Tankers's Liquidity

Pyxis Tankers financial leverage refers to using borrowed capital as a funding source to finance Pyxis Tankers ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Pyxis Tankers financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Pyxis Tankers's total debt and its cash.

How Pyxis utilizes its cash?

To perform a cash flow analysis of Pyxis Tankers, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Pyxis Tankers is receiving and how much cash it distributes out in a given period. The Pyxis Tankers cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Another Deeper Perspective

The latest price spike of Pyxis Tankers may encourage retail investors to take a closer look at the company as it is trading at a share price of 1.18 on slow start in trading volume. The company directors and management may have good odds in positioning the company resources to exploit market volatility in December. The stock standard deviation of daily returns for 30 days investing horizon is currently 6.34. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Pyxis Tankers partners.

Can Pyxis Tankers build up on the latest spike?

Potential upside is down to 7.79. It may connote a possible volatility fall. Pyxis Tankers shows above-average downside volatility for the selected time horizon. We advise investors to inspect Pyxis Tankers further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Pyxis Tankers future alpha. Pyxis Tankers is a potential penny stock. Although Pyxis Tankers may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Pyxis Tankers. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Our Bottom Line On Pyxis Tankers

While few other entities within the marine shipping industry are still a little expensive, even after the recent corrections, Pyxis Tankers may offer a potential longer-term growth to retail investors. The bottom line, as of the 13th of November 2020, we believe that at this point, Pyxis Tankers is undervalued with below average chance of bankruptcy within the next 2 years. However, our actual advice on the enterprise is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Pyxis Tankers. Please refer to our Terms of Use for any information regarding our disclosure principles.

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