Phibro Animal Health Stock Market Value
| PAHC Stock | USD 13.61 0.56 4.29% |
| Symbol | Phibro |
Phibro Animal Health Price To Book Ratio
Is Phibro Animal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phibro Animal. If investors know Phibro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phibro Animal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 0.48 | Earnings Share 0.37 | Revenue Per Share 24.245 | Quarterly Revenue Growth 0.022 |
The market value of Phibro Animal Health is measured differently than its book value, which is the value of Phibro that is recorded on the company's balance sheet. Investors also form their own opinion of Phibro Animal's value that differs from its market value or its book value, called intrinsic value, which is Phibro Animal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phibro Animal's market value can be influenced by many factors that don't directly affect Phibro Animal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phibro Animal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phibro Animal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phibro Animal's 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.
Phibro Animal '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 Phibro Animal's 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 Phibro Animal.
| 03/01/2023 |
| 04/24/2024 |
If you would invest 0.00 in Phibro Animal on March 1, 2023 and sell it all today you would earn a total of 0.00 from holding Phibro Animal Health or generate 0.0% return on investment in Phibro Animal over 420 days. Phibro Animal is related to or competes with Silver Spike, Alkermes Plc, Eagle Pharmaceuticals, and Evotec SE. Phibro Animal Health Corporation develops, manufactures, and supplies a range of animal health and mineral nutrition pro... More
Phibro Animal 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 Phibro Animal's 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 Phibro Animal Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | 0.0689 | |||
| Maximum Drawdown | 14.25 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.14 |
Phibro Animal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phibro Animal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phibro Animal's standard deviation. In reality, there are many statistical measures that can use Phibro Animal historical prices to predict the future Phibro Animal's volatility.| Risk Adjusted Performance | 0.0724 | |||
| Jensen Alpha | 0.1309 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0667 | |||
| Treynor Ratio | 0.1686 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Phibro Animal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Phibro Animal Health Backtested Returns
Phibro Animal appears to be not too volatile, given 3 months investment horizon. Phibro Animal Health maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Phibro Animal Health, which you can use to evaluate the volatility of the company. Please evaluate Phibro Animal's Risk Adjusted Performance of 0.0724, coefficient of variation of 947.77, and Semi Deviation of 2.21 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Phibro Animal holds a performance score of 11. The company holds a Beta of 1.47, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Phibro Animal will likely underperform. Please check Phibro Animal's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Phibro Animal's historical price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Phibro Animal Health has insignificant reverse predictability. Overlapping area represents the amount of predictability between Phibro Animal time series from 1st of March 2023 to 27th of September 2023 and 27th of September 2023 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Phibro Animal Health price movement. The serial correlation of -0.17 indicates that over 17.0% of current Phibro Animal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Phibro Animal Health lagged returns against current returns
Autocorrelation, which is Phibro Animal 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 Phibro Animal's stock expected returns. We can calculate the autocorrelation of Phibro Animal returns to help us make a trade decision. For example, suppose you find that Phibro Animal 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 |
Phibro Animal 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 Phibro Animal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phibro Animal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phibro Animal stock over time.
Current vs Lagged Prices |
| Timeline |
Phibro Animal Lagged Returns
When evaluating Phibro Animal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phibro Animal stock have on its future price. Phibro Animal 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, Phibro Animal autocorrelation shows the relationship between Phibro Animal stock current value and its past values and can show if there is a momentum factor associated with investing in Phibro Animal Health.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Phibro Animal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Phibro Animal's short interest history, or implied volatility extrapolated from Phibro Animal options trading.
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Check out Phibro Animal Correlation, Phibro Animal Volatility and Phibro Animal Alpha and Beta module to complement your research on Phibro Animal. Note that the Phibro Animal Health information on this page should be used as a complementary analysis to other Phibro Animal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Phibro Stock analysis
When running Phibro Animal's price analysis, check to measure Phibro Animal's 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 Phibro Animal is operating at the current time. Most of Phibro Animal's value examination focuses on studying past and present price action to predict the probability of Phibro Animal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phibro Animal's price. Additionally, you may evaluate how the addition of Phibro Animal to your portfolios can decrease your overall portfolio volatility.
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Phibro Animal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.