Phoenix New Media Stock Price on May 29, 2024

FENG Stock  USD 2.63  0.27  9.31%   
Below is the normalized historical share price chart for Phoenix New Media extending back to May 12, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Phoenix New stands at 2.63, as last reported on the 29th of November, with the highest price reaching 2.79 and the lowest price hitting 2.62 during the day.
IPO Date
12th of May 2011
200 Day MA
2.5544
50 Day MA
2.8512
Beta
0.652
 
Yuan Drop
 
Covid
If you're considering investing in Phoenix Stock, it is important to understand the factors that can impact its price. At this point, Phoenix New is very risky. Phoenix New Media maintains Sharpe Ratio (i.e., Efficiency) of 0.033, which implies the firm had a 0.033% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Phoenix New Media, which you can use to evaluate the volatility of the company. Please check Phoenix New's Risk Adjusted Performance of (0.02), variance of 27.01, and Coefficient Of Variation of (3,216) to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
  
At this time, Phoenix New's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Phoenix New's current Other Stockholder Equity is estimated to increase to about 1.7 B, while Common Stock Total Equity is projected to decrease to roughly 43.3 M. . The current Price To Sales Ratio is estimated to decrease to 0.16. The Phoenix New's current Price Earnings Ratio is estimated to increase to -1.06. Phoenix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.033

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Estimated Market Risk

 4.91
  actual daily
43
57% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Phoenix New is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Phoenix New by adding it to a well-diversified portfolio.
Price Book
0.195
Enterprise Value Ebitda
0.4095
Price Sales
0.0459
Shares Float
251.7 M
Wall Street Target Price
5.58

Related Headline

Onfolio Holdings Headline on 29th of May 2024

Onfolio Holdings acquires marketing firm First Page Strategy

Phoenix New Valuation on May 29, 2024

It is possible to determine the worth of Phoenix New on a given historical date. On May 29, 2024 Phoenix was worth 1.81 at the beginning of the trading date compared to the closed value of 1.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phoenix New stock. Still, in general, we apply an absolute valuation method to find Phoenix New's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Phoenix New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phoenix New's related companies.
 Open High Low Close Volume
  1.86    1.87    1.83    1.87    5,947  
05/29/2024
  1.81    1.81    1.80    1.81    6,207  
  2.27    2.58    2.18    2.50    1,770,033  
Backtest Phoenix New  |  Phoenix New History  |  Phoenix New Valuation   PreviousNext  
Open Value
1.81
1.81
Closing Value
16.55
Upside

Phoenix New Trading Date Momentum on May 29, 2024

On May 30 2024 Phoenix New Media was traded for  2.50  at the closing time. The top price for the day was 2.58  and the lowest listed price was  2.18 . The trading volume for the day was 1.8 M. The trading history from May 30, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 38.12% . The trading delta at closing time against the current closing price is 44.20% .

Phoenix New Media Fundamentals Correlations and Trends

By evaluating Phoenix New's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Phoenix New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Phoenix financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Phoenix New Stock history

Phoenix New investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Phoenix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phoenix New Media will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Phoenix New stock prices may prove useful in developing a viable investing in Phoenix New
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.1 M13.3 M
Net Loss-126.1 M-119.8 M

Phoenix New Quarterly Net Working Capital

935.67 Million

Phoenix New Stock Technical Analysis

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.
A focus of Phoenix New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phoenix New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Phoenix New Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Phoenix New Media cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Phoenix New November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Phoenix New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Phoenix New shares will generate the highest return on investment. By undertsting and applying Phoenix New stock market strength indicators, traders can identify Phoenix New Media entry and exit signals to maximize returns

Phoenix New Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Phoenix New's price direction in advance. Along with the technical and fundamental analysis of Phoenix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phoenix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Phoenix Stock analysis

When running Phoenix New's price analysis, check to measure Phoenix New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phoenix New is operating at the current time. Most of Phoenix New's value examination focuses on studying past and present price action to predict the probability of Phoenix New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix New's price. Additionally, you may evaluate how the addition of Phoenix New to your portfolios can decrease your overall portfolio volatility.
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