Phoenix Motor Common Stock Beta
| PEV Stock | USD 0.32 0.02 5.88% |
Phoenix Motor Common fundamentals help investors to digest information that contributes to Phoenix's financial success or failures. It also enables traders to predict the movement of Phoenix Stock. The fundamental analysis module provides a way to measure Phoenix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Phoenix stock.
Phoenix | Beta |
Phoenix Motor Common Company Beta Analysis
Phoenix's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Phoenix Beta | 1.47 |
Most of Phoenix's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Phoenix Motor Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Phoenix Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Phoenix is extremely important. It helps to project a fair market value of Phoenix Stock properly, considering its historical fundamentals such as Beta. Since Phoenix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Phoenix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Phoenix's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Phoenix Motor Common has a Beta of 1.473. This is 75.36% higher than that of the Automobile Components sector and 75.36% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Phoenix Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Phoenix's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Phoenix could also be used in its relative valuation, which is a method of valuing Phoenix by comparing valuation metrics of similar companies.Phoenix is currently under evaluation in beta category among its peers.
Phoenix Institutional Holders
Institutional Holdings refers to the ownership stake in Phoenix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Phoenix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Phoenix's value.| Shares | Geode Capital Management, Llc | 2024-06-30 | 118.5 K | Harvest Fund Management Co., Ltd | 2024-06-30 | 23.2 K | Vanguard Group Inc | 2024-09-30 | 10 K | Tower Research Capital Llc | 2024-06-30 | 5.9 K | Bank Of America Corp | 2024-06-30 | 125 | Ubs Group Ag | 2024-06-30 | 120 | Jpmorgan Chase & Co | 2024-06-30 | 24.0 | Renaissance Technologies Corp | 2024-06-30 | 0.0 | Lmr Partners Llp | 2024-06-30 | 0.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Cubist Systematic Strategies, Llc | 2024-06-30 | 0.0 |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Phoenix will likely underperform.
Phoenix Fundamentals
| Return On Equity | -0.15 | |||
| Return On Asset | -0.32 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | (0.59) % | |||
| Current Valuation | 20.59 M | |||
| Shares Outstanding | 37.65 M | |||
| Shares Owned By Insiders | 66.23 % | |||
| Shares Owned By Institutions | 0.84 % | |||
| Number Of Shares Shorted | 319.74 K | |||
| Price To Book | 0.56 X | |||
| Price To Sales | 0.56 X | |||
| Revenue | 3.12 M | |||
| Gross Profit | (563 K) | |||
| EBITDA | (18.01 M) | |||
| Net Income | (20.64 M) | |||
| Cash And Equivalents | 7.76 M | |||
| Cash Per Share | 0.40 X | |||
| Total Debt | 6.97 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 3.40 X | |||
| Book Value Per Share | 0.62 X | |||
| Cash Flow From Operations | (3.65 M) | |||
| Short Ratio | 0.03 X | |||
| Earnings Per Share | (0.36) X | |||
| Number Of Employees | 30 | |||
| Beta | 1.47 | |||
| Market Capitalization | 12.18 M | |||
| Total Asset | 11.64 M | |||
| Retained Earnings | (49.21 M) | |||
| Working Capital | (4.87 M) | |||
| Net Asset | 11.64 M |
About Phoenix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Phoenix Motor Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Phoenix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Phoenix Motor Common based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Phoenix Stock Analysis
When running Phoenix's price analysis, check to measure Phoenix'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 is operating at the current time. Most of Phoenix's value examination focuses on studying past and present price action to predict the probability of Phoenix'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's price. Additionally, you may evaluate how the addition of Phoenix to your portfolios can decrease your overall portfolio volatility.