Phunware Stock Price Prediction
| PHUN Stock | USD 1.91 0.09 4.50% |
Momentum 50
Impartial
Oversold | Overbought |
EPS Estimate Next Quarter (0.15) | EPS Estimate Current Year (0.59) | EPS Estimate Next Year (0.52) | Wall Street Target Price 3 | EPS Estimate Current Quarter (0.14) |
Using Phunware hype-based prediction, you can estimate the value of Phunware from the perspective of Phunware response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Phunware using Phunware's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Phunware using crowd psychology based on the activity and movement of Phunware's stock price.
Phunware Implied Volatility | 1.64 |
Phunware's implied volatility exposes the market's sentiment of Phunware stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Phunware's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Phunware stock will not fluctuate a lot when Phunware's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Phunware to buy its stock at a price that has no basis in reality. In that case, they are not buying Phunware because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Phunware after-hype prediction price | USD 1.91 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Phunware Basic Forecasting Models to cross-verify your projections. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Phunware's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Phunware After-Hype Price Prediction Density Analysis
As far as predicting the price of Phunware at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Phunware or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Phunware, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Phunware Estimiated After-Hype Price Volatility
In the context of predicting Phunware's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Phunware's historical news coverage. Phunware's after-hype downside and upside margins for the prediction period are 0.10 and 5.22, respectively. We have considered Phunware's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Phunware is very risky at this time. Analysis and calculation of next after-hype price of Phunware is based on 3 months time horizon.
Phunware Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Phunware is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Phunware backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Phunware, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.57 | 3.31 | 0.13 | 0.33 | 18 Events / Month | 6 Events / Month | In about 18 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.91 | 1.91 | 0.00 |
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Phunware Hype Timeline
Phunware is at this time traded for 1.91. The entity has historical hype elasticity of -0.13, and average elasticity to hype of competition of 0.33. Phunware is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.57%. %. The volatility of related hype on Phunware is about 578.67%, with the expected price after the next announcement by competition of 2.24. The company has price-to-book ratio of 0.41. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Phunware recorded a loss per share of 0.49. The entity had not issued any dividends in recent years. The firm had 1:50 split on the 27th of February 2024. Given the investment horizon of 90 days the next anticipated press release will be in about 18 days. Check out Phunware Basic Forecasting Models to cross-verify your projections.Phunware Related Hype Analysis
Having access to credible news sources related to Phunware's direct competition is more important than ever and may enhance your ability to predict Phunware's future price movements. Getting to know how Phunware's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Phunware may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KNRX | KNOREX LTD | 0.01 | 5 per month | 0.00 | (0.10) | 8.81 | (8.50) | 32.65 | |
| BLBX | Blackboxstocks | (0.22) | 4 per month | 6.59 | 0.08 | 14.27 | (11.59) | 37.55 | |
| SURG | Surgepays | 6.29 | 25 per month | 0.00 | (0.16) | 11.49 | (12.35) | 52.00 | |
| YXT | YXTCOM GROUP HOLDING | 0.05 | 5 per month | 0.00 | (0.06) | 11.11 | (10.00) | 41.05 | |
| SNCR | Synchronoss Technologies | (0.18) | 11 per month | 2.48 | 0.12 | 6.21 | (6.30) | 66.10 | |
| MFI | mF International Limited | (0.22) | 10 per month | 0.00 | (0.09) | 18.00 | (17.00) | 47.72 | |
| AWRE | Aware Inc | 0.01 | 7 per month | 0.00 | (0.13) | 4.10 | (5.95) | 14.94 | |
| WFCF | Where Food Comes | 0.00 | 0 per month | 0.00 | (0.11) | 2.82 | (2.80) | 13.24 | |
| ODYS | Odysightai Common Stock | 0.00 | 0 per month | 3.84 | 0.07 | 9.49 | (7.01) | 25.92 | |
| UPLD | Upland Software | (0.02) | 10 per month | 0.00 | (0.24) | 5.23 | (5.42) | 11.78 |
Phunware Additional Predictive Modules
Most predictive techniques to examine Phunware price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Phunware using various technical indicators. When you analyze Phunware charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Phunware Predictive Indicators
The successful prediction of Phunware stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Phunware, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Phunware based on analysis of Phunware hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Phunware's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Phunware's related companies. | 2023 | 2024 | 2025 (projected) | Interest Debt Per Share | 3.5 | 0.0972 | 0.11 | Revenue Per Share | 2.03 | 0.29 | 0.33 |
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
| 0.67 | SMRT | SmartRent | PairCorr |
| 0.58 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.53 | API | Agora Inc | PairCorr |
| 0.48 | AEM | Agnico Eagle Mines | PairCorr |
| 0.47 | ONTF | ON24 Inc | PairCorr |
| 0.41 | ASUR | Asure Software | 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 Phunware Basic Forecasting Models to cross-verify your projections. To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Application 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 (0.49) | Revenue Per Share | Quarterly Revenue Growth (0.07) | Return On Assets | Return On Equity |
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.