Phunware Intangible Assets from 2010 to 2026
| PHUN Stock | USD 1.79 0.03 1.65% |
Intangible Assets | First Reported 2018-03-31 | Previous Quarter 2.2 M | Current Value 2 M | Quarterly Volatility 1.2 M |
Check Phunware financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phunware's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 13.7 K or Interest Expense of 147.5 K, as well as many indicators such as Price To Sales Ratio of 16.91, Dividend Yield of 0.0 or PTB Ratio of 0.58. Phunware financial statements analysis is a perfect complement when working with Phunware Valuation or Volatility modules.
Phunware | Intangible Assets | Build AI portfolio with Phunware Stock |
Evaluating Phunware's Intangible Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Phunware's fundamental strength.
Latest Phunware's Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of Phunware over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Phunware's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phunware's overall financial position and show how it may be relating to other accounts over time.
| Intangible Assets | 10 Years Trend |
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Intangible Assets |
| Timeline |
Phunware Intangible Assets Regression Statistics
| Arithmetic Mean | 1,888,709 | |
| Geometric Mean | 1,464,754 | |
| Coefficient Of Variation | 48.31 | |
| Mean Deviation | 721,893 | |
| Median | 2,159,000 | |
| Standard Deviation | 912,441 | |
| Sample Variance | 832.5B | |
| Range | 3.1M | |
| R-Value | 0.05 | |
| Mean Square Error | 885.4B | |
| R-Squared | 0 | |
| Significance | 0.84 | |
| Slope | 9,799 | |
| Total Sum of Squares | 13.3T |
Phunware Intangible Assets History
About Phunware Financial Statements
Phunware investors utilize fundamental indicators, such as Intangible Assets, to predict how Phunware Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Intangible Assets | 2.9 M | 1.5 M |
Pair Trading with Phunware
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Phunware position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Phunware will appreciate offsetting losses from the drop in the long position's value.Moving against Phunware Stock
| 0.71 | RNI | OXFORD METRICS LS | PairCorr |
| 0.61 | TRB | Tribal Group plc | PairCorr |
| 0.43 | JG | Aurora Mobile | PairCorr |
| 0.4 | LUS1 | Lang Schwarz Aktieng | PairCorr |
| 0.37 | XV7 | SERESCO 16 | PairCorr |
The ability to find closely correlated positions to Phunware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phunware when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Phunware - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Phunware to buy it.
The correlation of Phunware is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Phunware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phunware moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Phunware can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Phunware Correlation against competitors. To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Will Application Software sector continue expanding? Could Phunware diversify its offerings? Factors like these will boost the valuation of Phunware. Anticipated expansion of Phunware directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Phunware data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.52) | Revenue Per Share | Quarterly Revenue Growth (0.07) | Return On Assets | Return On Equity |
Phunware's market price often diverges from its book value, the accounting figure shown on Phunware's balance sheet. Smart investors calculate Phunware's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Phunware's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Phunware's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Phunware should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Phunware'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.