Phx Minerals Stock Technical Analysis

PHX Stock  USD 3.32  0.06  1.84%   
As of the 28th of March, PHX Minerals holds the Market Risk Adjusted Performance of (0.03), risk adjusted performance of 0.0045, and Coefficient Of Variation of (23,459). In connection with fundamental indicators, the technical analysis model allows you to check available technical drivers of PHX Minerals, 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 have analyze and collected data for thirteen technical drivers for PHX Minerals, which can be compared to its competitors. Please check PHX Minerals risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if PHX Minerals is priced favorably, providing market reflects its current price of 3.32 per share. Given that PHX Minerals has information ratio of (0.08), we recommend you to check out PHX Minerals's recent market performance to make sure the company can sustain itself next year.

PHX Minerals Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PHX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PHX
  
PHX Minerals' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

PHX Minerals Analyst Consensus

Target PriceAdvice# of Analysts
5.2Strong Buy4Odds
PHX Minerals current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most PHX 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 PHX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of PHX Minerals, talking to its executives and customers, or listening to PHX conference calls.
PHX Analyst Advice Details
PHX Minerals 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.
A focus of PHX Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PHX Minerals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

PHX Minerals Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 PHX Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

PHX Minerals Trend Analysis

Use this graph to draw trend lines for PHX Minerals. You can use it to identify possible trend reversals for PHX Minerals 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 PHX Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

PHX Minerals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PHX Minerals applied against its price change over selected period. The best fit line has a slop of   0.0028  , which may imply that the returns on investment in PHX Minerals will continue to fail. It has 122 observation points and a regression sum of squares at 0.3, which is the sum of squared deviations for the predicted PHX Minerals price change compared to its average price change.

About PHX Minerals 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 PHX Minerals 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 PHX Minerals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PHX Minerals price pattern first instead of the macroeconomic environment surrounding PHX Minerals. By analyzing PHX Minerals'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 PHX Minerals'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 PHX Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02030.03040.03490.0242
Price To Sales Ratio2.083.082.773.14

PHX Minerals March 28, 2024 Technical Indicators

Most technical analysis of PHX 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 PHX from various momentum indicators to cycle indicators. When you analyze PHX 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.

PHX Minerals March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as PHX stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether PHX Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PHX Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phx Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phx Minerals Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHX Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy PHX Stock please use our How to Invest in PHX Minerals guide.
Note that the PHX Minerals information on this page should be used as a complementary analysis to other PHX Minerals' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for PHX Stock analysis

When running PHX Minerals' price analysis, check to measure PHX Minerals' 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 PHX Minerals is operating at the current time. Most of PHX Minerals' value examination focuses on studying past and present price action to predict the probability of PHX Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHX Minerals' price. Additionally, you may evaluate how the addition of PHX Minerals to your portfolios can decrease your overall portfolio volatility.
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Is PHX Minerals' 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 PHX Minerals. If investors know PHX 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 PHX Minerals 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
(0.20)
Dividend Share
0.098
Earnings Share
0.39
Revenue Per Share
0.993
Quarterly Revenue Growth
(0.43)
The market value of PHX Minerals is measured differently than its book value, which is the value of PHX that is recorded on the company's balance sheet. Investors also form their own opinion of PHX Minerals' value that differs from its market value or its book value, called intrinsic value, which is PHX Minerals' 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 PHX Minerals' market value can be influenced by many factors that don't directly affect PHX Minerals' 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 PHX Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if PHX Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PHX Minerals' 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.