Phunware Stock Price on August 6, 2024
| PHUN Stock | USD 4.88 0.48 10.91% |
Below is the normalized historical share price chart for Phunware extending back to October 28, 2016. 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 Phunware stands at 4.88, as last reported on the 24th of November, with the highest price reaching 5.35 and the lowest price hitting 4.42 during the day.
If you're considering investing in Phunware Stock, it is important to understand the factors that can impact its price. Phunware is dangerous given 3 months investment horizon. Phunware maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We are able to break down and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use Phunware Coefficient Of Variation of 960.99, semi deviation of 9.79, and Risk Adjusted Performance of 0.0891 to evaluate company specific risk that cannot be diversified away.
At this time, Phunware's Common Stock is very stable compared to the past year. As of the 24th of November 2024, Common Stock Shares Outstanding is likely to grow to about 2.5 M, though Total Stockholder Equity is likely to grow to (10.9 M). . As of the 24th of November 2024, Price To Sales Ratio is likely to drop to 1.92. In addition to that, Price Earnings Ratio is likely to drop to -0.19. Phunware Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 2016 | 200 Day MA 6.4565 | 50 Day MA 5.4935 | Beta 2.416 |
Phunware |
Sharpe Ratio = 0.1002
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Estimated Market Risk
| 11.52 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Phunware is performing at about 7% 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 Phunware by adding it to a well-diversified portfolio.
Price Book 3.3323 | Enterprise Value Ebitda (1.42) | Price Sales 27.4398 | Shares Float 11.7 M | Wall Street Target Price 12.75 |
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Phunware Valuation on August 6, 2024
It is possible to determine the worth of Phunware on a given historical date. On August 6, 2024 Phunware was worth 3.65 at the beginning of the trading date compared to the closed value of 3.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phunware stock. Still, in general, we apply an absolute valuation method to find Phunware'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 Phunware where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phunware's related companies.
| Open | High | Low | Close | Volume | |
| 3.45 | 3.66 | 3.10 | 3.56 | 587,513 | |
08/06/2024 | 3.65 | 3.74 | 3.61 | 3.62 | 189,656 |
| 3.67 | 3.72 | 3.42 | 3.44 | 196,674 |
| Backtest Phunware | | | Phunware History | | | Phunware Valuation | Previous | Next |
Phunware Trading Date Momentum on August 6, 2024
| On August 07 2024 Phunware was traded for 3.44 at the closing time. The top price for the day was 3.72 and the lowest listed price was 3.42 . The trading volume for the day was 196.7 K. The trading history from August 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.97% . The trading delta at closing time against the current closing price is 8.01% . |
Phunware Fundamentals Correlations and Trends
By evaluating Phunware'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 Phunware's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Phunware financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Phunware Stock history
Phunware 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 Phunware is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phunware 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 Phunware stock prices may prove useful in developing a viable investing in Phunware
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.4 M | 2.5 M | |
| Net Loss | -45.8 M | -43.5 M |
Phunware Stock Technical Analysis
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.
Price Boundaries
Phunware Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Phunware cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Phunware November 24, 2024 Market Strength
Market strength 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 undertsting and applying Phunware stock market strength indicators, traders can identify Phunware entry and exit signals to maximize returns
Phunware Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Phunware's price direction in advance. Along with the technical and fundamental analysis of Phunware Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phunware 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.
| Risk Adjusted Performance | 0.0891 | |||
| Jensen Alpha | 0.9485 | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | 0.101 | |||
| Treynor Ratio | 0.6155 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Systems Software 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 Phunware. If investors know Phunware 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 Phunware listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.52) | Revenue Per Share 0.484 | Quarterly Revenue Growth (0.76) | Return On Assets (0.22) | Return On Equity (1.56) |
The market value of Phunware is measured differently than its book value, which is the value of Phunware that is recorded on the company's balance sheet. Investors also form their own opinion of Phunware's value that differs from its market value or its book value, called intrinsic value, which is Phunware'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 Phunware's market value can be influenced by many factors that don't directly affect Phunware'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 Phunware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phunware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.