  The recently discovered near-Earth asteroid 2021 PH27 has the shortest
orbital period of all known asteroids. It cannot be excluded that 2021 PH27 is
also an active asteroid, as (3200) Phaethon. We intend to estimate the
consequences of this hypothesis, although testing is difficult with
ground-based observations during perihelion passages, due to low solar
elongation. Assuming a surface activity similar to that of Phaethon, an
increase in brightness of about 1.4 mag can be estimated. Since it is an
asteroid with a MOID of $0.014660 \pm 0.000034$ AU with Venus, 2021 PH27 could
be the equivalent of Phaethon for the Earth and be the progenitor body of a
venusian meteor shower. A good opportunity to observe the hypothetical
fireballs in Venus's atmosphere will take place on the days around Jun 07,
2023, when Venus will pass at the minimum distance from the nominal orbit of
2021 PH27. Another favorable date will be Jul 05, 2026. Finally, on Mar 28,
2022 the asteroid will also be at the maximum Sun elongation of about
$52.3^{\circ}$ and at the aphelion of its orbit, the most favorable
configuration to characterize it from the physical point of view with
photometric, polarimetric and spectroscopic observations.
