Phio Pharmaceuticals Corp Stock Technical Analysis
PHIO Stock | USD 0.67 0.03 4.14% |
As of the 24th of April, Phio Pharmaceuticals holds the Coefficient Of Variation of 2342.21, risk adjusted performance of 0.0358, and Semi Deviation of 6.37. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Phio Pharmaceuticals, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Phio Pharmaceuticals Corp, which can be compared to its competitors. Please check Phio Pharmaceuticals Corp downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Phio Pharmaceuticals Corp is priced some-what accurately, providing market reflects its current price of 0.671 per share. As Phio Pharmaceuticals Corp is a penny stock we also suggest to check out its total risk alpha numbers.
Phio Pharmaceuticals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Phio, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PhioPhio |
Phio Pharmaceuticals Analyst Consensus
Target Price | Advice | # of Analysts | |
72.0 | Buy | 1 | Odds |
Most Phio analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Phio stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Phio Pharmaceuticals Corp, talking to its executives and customers, or listening to Phio conference calls.
Phio Pharmaceuticals 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.
Phio Pharmaceuticals Corp Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Phio Pharmaceuticals Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Phio Pharmaceuticals Corp Trend Analysis
Use this graph to draw trend lines for Phio Pharmaceuticals Corp. You can use it to identify possible trend reversals for Phio Pharmaceuticals as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Phio Pharmaceuticals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Phio Pharmaceuticals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Phio Pharmaceuticals Corp applied against its price change over selected period. The best fit line has a slop of 0.0005 , which means Phio Pharmaceuticals Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Phio Pharmaceuticals price change compared to its average price change.About Phio Pharmaceuticals Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Phio Pharmaceuticals Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Phio Pharmaceuticals Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Phio Pharmaceuticals Corp price pattern first instead of the macroeconomic environment surrounding Phio Pharmaceuticals Corp. By analyzing Phio Pharmaceuticals's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Phio Pharmaceuticals's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Phio Pharmaceuticals specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.3 | 0.31 | Price To Sales Ratio | 185.74 | 275.1 |
Phio Pharmaceuticals April 24, 2024 Technical Indicators
Most technical analysis of Phio 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 Phio from various momentum indicators to cycle indicators. When you analyze Phio charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0358 | |||
Market Risk Adjusted Performance | 0.2738 | |||
Mean Deviation | 5.15 | |||
Semi Deviation | 6.37 | |||
Downside Deviation | 7.59 | |||
Coefficient Of Variation | 2342.21 | |||
Standard Deviation | 7.64 | |||
Variance | 58.36 | |||
Information Ratio | 0.0302 | |||
Jensen Alpha | 0.2139 | |||
Total Risk Alpha | (0.73) | |||
Sortino Ratio | 0.0304 | |||
Treynor Ratio | 0.2638 | |||
Maximum Drawdown | 38.44 | |||
Value At Risk | (11.11) | |||
Potential Upside | 13.33 | |||
Downside Variance | 57.65 | |||
Semi Variance | 40.63 | |||
Expected Short fall | (6.63) | |||
Skewness | 0.5992 | |||
Kurtosis | 3.42 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phio Pharmaceuticals Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Phio Stock analysis
When running Phio Pharmaceuticals' price analysis, check to measure Phio Pharmaceuticals' 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 Phio Pharmaceuticals is operating at the current time. Most of Phio Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Phio Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phio Pharmaceuticals' price. Additionally, you may evaluate how the addition of Phio Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
Global Correlations Find global opportunities by holding instruments from different markets | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Phio Pharmaceuticals' 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 Phio Pharmaceuticals. If investors know Phio 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 Phio Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.20) | Return On Assets (0.60) | Return On Equity (1.17) |
The market value of Phio Pharmaceuticals Corp is measured differently than its book value, which is the value of Phio that is recorded on the company's balance sheet. Investors also form their own opinion of Phio Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Phio Pharmaceuticals' 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 Phio Pharmaceuticals' market value can be influenced by many factors that don't directly affect Phio Pharmaceuticals' 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 Phio Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phio Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phio Pharmaceuticals' 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.