Phunware Stock Alpha and Beta Analysis
| PHUN Stock | USD 4.64 0.23 5.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Phunware. It also helps investors analyze the systematic and unsystematic risks associated with investing in Phunware over a specified time horizon. Remember, high Phunware's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Phunware's market risk premium analysis include:
Beta 1.72 | Alpha 0.89 | Risk 11.71 | Sharpe Ratio 0.11 | Expected Return 1.29 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Phunware |
Phunware Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Phunware market risk premium is the additional return an investor will receive from holding Phunware long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Phunware. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Phunware's performance over market.| α | 0.89 | β | 1.72 |
Phunware expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Phunware's Buy-and-hold return. Our buy-and-hold chart shows how Phunware performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Phunware Market Price Analysis
Market price analysis indicators help investors to evaluate how Phunware stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Phunware shares will generate the highest return on investment. By understating and applying Phunware stock market price indicators, traders can identify Phunware position entry and exit signals to maximize returns.
Phunware Return and Market Media
The median price of Phunware for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 4.41 with a coefficient of variation of 46.13. The daily time series for the period is distributed with a sample standard deviation of 2.33, arithmetic mean of 5.05, and mean deviation of 1.75. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Whats Going On With Trump-related Phunware Stock Today | 10/16/2024 |
2 | Phunware Announces Retirement of CEO Mike Snavely and Appoints Stephen Chen as Interim CEO | 10/24/2024 |
3 | Acquisition by Matt Aune of 100000 shares of Phunware subject to Rule 16b-3 | 11/01/2024 |
4 | Trump-Linked Phunwares Leadership Shuffle Continues CFO Joins CEO In Exit Queue | 11/04/2024 |
5 | Phunware appoints Rahul Mewawalla as chair | 11/05/2024 |
6 | Stocks making the biggest moves midday Super Micro Computer, Tesla, Coinbase, Planet Fitness and more | 11/06/2024 |
7 | Phunware GAAP EPS of -0.25 beats by 0.01, revenue of 0.67M misses by 0.64M | 11/07/2024 |
8 | Phunware, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
9 | Phunware narrows quarterly loss amid revenue decline, and stock sinks further - MSN | 11/20/2024 |
10 | Disposition of 29595 shares by Mewawalla Rahul of Phunware at 5.15 subject to Rule 16b-3 | 11/22/2024 |
About Phunware Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Phunware or other stocks. Alpha measures the amount that position in Phunware has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.004922 | 0.004375 | Price To Sales Ratio | 2.02 | 1.92 |
Phunware Upcoming Company Events
As portrayed in its financial statements, the presentation of Phunware's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Phunware's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Phunware's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Phunware. Please utilize our Beneish M Score to check the likelihood of Phunware's management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Phunware
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Phunware Backtesting, Phunware Valuation, Phunware Correlation, Phunware Hype Analysis, Phunware Volatility, Phunware History and analyze Phunware Performance. To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Phunware 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.