Phoenix New Media Stock Market Value
| FENG Stock | USD 2.45 0.01 0.41% |
| Symbol | Phoenix |
Phoenix New Media Price To Book Ratio
Is Interactive Media & Services space 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 Phoenix New. If investors know Phoenix 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 Phoenix New 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 (0.86) | Earnings Share (0.53) | Revenue Per Share 56.873 | Quarterly Revenue Growth (0.07) | Return On Assets (0.02) |
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New'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 Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New'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 Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New'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.
Phoenix New '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 Phoenix New'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 Phoenix New.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Phoenix New on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Phoenix New Media or generate 0.0% return on investment in Phoenix New over 30 days. Phoenix New is related to or competes with Onfolio Holdings, Starbox Group, MediaAlpha, Metalpha Technology, Locafy, 36Kr Holdings, and TuanChe ADR. Phoenix New Media Limited provides content on an integrated Internet platform in the Peoples Republic of China More
Phoenix New 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 Phoenix New'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 Phoenix New Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 22.19 | |||
| Value At Risk | (8.27) | |||
| Potential Upside | 6.9 |
Phoenix New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix New's standard deviation. In reality, there are many statistical measures that can use Phoenix New historical prices to predict the future Phoenix New's volatility.| Risk Adjusted Performance | 0.0082 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.01) |
Phoenix New Media Backtested Returns
Phoenix New Media maintains Sharpe Ratio (i.e., Efficiency) of -0.0252, which implies the firm had a -0.0252% return per unit of risk over the last 3 months. Phoenix New Media exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phoenix New's Variance of 23.77, coefficient of variation of (333,735), and Risk Adjusted Performance of 0.0082 to confirm the risk estimate we provide. The company holds a Beta of 0.99, which implies possible diversification benefits within a given portfolio. Phoenix New returns are very sensitive to returns on the market. As the market goes up or down, Phoenix New is expected to follow. At this point, Phoenix New Media has a negative expected return of -0.12%. Please make sure to check Phoenix New's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Phoenix New Media performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Phoenix New Media has poor reverse predictability. Overlapping area represents the amount of predictability between Phoenix New time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Phoenix New Media price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Phoenix New price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Phoenix New Media lagged returns against current returns
Autocorrelation, which is Phoenix New 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 Phoenix New's stock expected returns. We can calculate the autocorrelation of Phoenix New returns to help us make a trade decision. For example, suppose you find that Phoenix New 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 |
Phoenix New 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 Phoenix New stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix New stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix New stock over time.
Current vs Lagged Prices |
| Timeline |
Phoenix New Lagged Returns
When evaluating Phoenix New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix New stock have on its future price. Phoenix New 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, Phoenix New autocorrelation shows the relationship between Phoenix New stock current value and its past values and can show if there is a momentum factor associated with investing in Phoenix New Media.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:Check out Phoenix New Correlation, Phoenix New Volatility and Phoenix New Alpha and Beta module to complement your research on Phoenix New. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Phoenix New 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.