Philex Mining (Philippines) Price on October 15, 2024

PX Stock   2.85  0.03  1.04%   
If you're considering investing in Philex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Philex Mining stands at 2.85, as last reported on the 13th of December 2024, with the highest price reaching 2.90 and the lowest price hitting 2.85 during the day. Philex Mining Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0094, which implies the firm had a -0.0094% return per unit of risk over the last 3 months. Philex Mining Corp exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Philex Mining's Risk Adjusted Performance of 0.0252, semi deviation of 1.91, and Coefficient Of Variation of 3934.66 to confirm the risk estimate we provide.
  
Philex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0094

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Philex Mining is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Philex Mining by adding Philex Mining to a well-diversified portfolio.

Philex Mining Valuation on October 15, 2024

It is possible to determine the worth of Philex Mining on a given historical date. On October 15, 2024 Philex was worth 3.09 at the beginning of the trading date compared to the closed value of 3.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Philex Mining stock. Still, in general, we apply an absolute valuation method to find Philex Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Philex Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Philex Mining's related companies.
 Open High Low Close Volume
  3.11    3.12    3.06    3.10    324,000  
10/15/2024
  3.09    3.12    3.06    3.09    483,000  
  3.07    3.18    3.07    3.11    1,726,000  
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Open Value
3.09
3.09
Closing Value
9.64
Upside

Philex Mining Trading Date Momentum on October 15, 2024

On October 16 2024 Philex Mining Corp was traded for  3.11  at the closing time. The maximum traded price for the trading interval was 3.18  and the lowest daily price was  3.07 . The daily volume was recorded at 1.7 M. The volume of trading on 16th of October 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 0.65% . The trading delta at closing time to the closing price today is 9.39% .

Philex Mining Corp Fundamentals Correlations and Trends

By evaluating Philex Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Philex Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Philex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Philex Mining Stock history

Philex Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Philex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Philex Mining Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Philex Mining stock prices may prove useful in developing a viable investing in Philex Mining

Philex Mining Stock Technical Analysis

Philex Mining 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 Philex Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Philex Mining 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...

Price Boundaries

Philex Mining Period Price Range

Low
December 13, 2024
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High

 0.00 

     

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Philex Mining Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Philex Mining December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Philex Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Philex Mining shares will generate the highest return on investment. By undertsting and applying Philex Mining stock market strength indicators, traders can identify Philex Mining Corp entry and exit signals to maximize returns

Philex Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Philex Mining's price direction in advance. Along with the technical and fundamental analysis of Philex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Philex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Philex Stock analysis

When running Philex Mining's price analysis, check to measure Philex Mining'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 Philex Mining is operating at the current time. Most of Philex Mining's value examination focuses on studying past and present price action to predict the probability of Philex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Philex Mining's price. Additionally, you may evaluate how the addition of Philex Mining to your portfolios can decrease your overall portfolio volatility.
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