Phunware Alpha and Beta Analysis
| PHUNWDelisted Stock | USD 0.20 0.00 0.00% |
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 1.46 | Alpha (0.09) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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 | -0.09 | β | 1.46 |
Phunware Fundamentals Vs Peers
Comparing Phunware's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Phunware's direct or indirect competition across all of the common fundamentals between Phunware and the related equities. This way, we can detect undervalued stocks with similar characteristics as Phunware or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Phunware's fundamental indicators could also be used in its relative valuation, which is a method of valuing Phunware by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Phunware to competition |
| Fundamentals | Phunware | Peer Average |
| Return On Equity | -2.07 | -0.31 |
| Return On Asset | -0.35 | -0.14 |
| Profit Margin | (2.57) % | (1.27) % |
| Operating Margin | (1.92) % | (5.51) % |
| Number Of Shares Shorted | 1.87 K | 4.71 M |
| Revenue | 15.8 M | 9.43 B |
| EBITDA | (25.85 M) | 3.9 B |
Phunware Opportunities
Phunware Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Phunware Reports First Quarter 2023 Financial Results - Marketscreener.com | 05/11/2023 |
2 | Phunware Launches AI-Enabled Mobile Engagement - Marketscreener.com | 06/20/2023 |
3 | Why Is Phunware Stock Up 12 percent Today - msnNOW | 07/21/2023 |
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 delisted 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Phunware in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Phunware's short interest history, or implied volatility extrapolated from Phunware options trading.
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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Phunware Stock
If you are still planning to invest in Phunware check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Phunware's history and understand the potential risks before investing.
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