Phoenix New Media Stock Market Value
| FENG Stock | USD 1.89 0.07 3.85% |
| Symbol | Phoenix |
Phoenix New Media Price To Book Ratio
Is Phoenix New's industry 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 Phoenix New. If investors know Phoenix 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 Phoenix New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (0.80) | Revenue Per Share 57.05 | Quarterly Revenue Growth (0.05) | Return On Assets (0.04) |
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New'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 Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New'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 Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New'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.
Phoenix New 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Phoenix New's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Phoenix New.
| 06/28/2022 |
| 04/18/2024 |
If you would invest 0.00 in Phoenix New on June 28, 2022 and sell it all today you would earn a total of 0.00 from holding Phoenix New Media or generate 0.0% return on investment in Phoenix New over 660 days. Phoenix New is related to or competes with Baidu, Twilio, Weibo Corp, YY, DouYu International, Autohome, and Hello. Phoenix New Media Limited provides content on an integrated Internet platform in the Peoples Republic of China More
Phoenix New Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Phoenix New's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Phoenix New Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.51 | |||
| Information Ratio | 0.0776 | |||
| Maximum Drawdown | 53.87 | |||
| Value At Risk | (7.88) | |||
| Potential Upside | 15.38 |
Phoenix New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix New's standard deviation. In reality, there are many statistical measures that can use Phoenix New historical prices to predict the future Phoenix New's volatility.| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.6462 | |||
| Total Risk Alpha | 0.0887 | |||
| Sortino Ratio | 0.1351 | |||
| Treynor Ratio | 3.28 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Phoenix New'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.
Phoenix New Media Backtested Returns
Phoenix New appears to be extremely dangerous, given 3 months investment horizon. Phoenix New Media maintains Sharpe Ratio (i.e., Efficiency) of 0.0826, which implies the firm had a 0.0826% return per unit of risk over the last 3 months. By analyzing Phoenix New's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please evaluate Phoenix New's Semi Deviation of 4.19, risk adjusted performance of 0.0626, and Coefficient Of Variation of 1180.47 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Phoenix New holds a performance score of 6. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Phoenix New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Phoenix New is expected to be smaller as well. Please check Phoenix New's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Phoenix New's historical price patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Phoenix New Media has poor predictability. Overlapping area represents the amount of predictability between Phoenix New time series from 28th of June 2022 to 24th of May 2023 and 24th of May 2023 to 18th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Phoenix New Media price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Phoenix New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Phoenix New Media lagged returns against current returns
Autocorrelation, which is Phoenix New stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Phoenix New's stock expected returns. We can calculate the autocorrelation of Phoenix New returns to help us make a trade decision. For example, suppose you find that Phoenix New has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Phoenix New regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Phoenix New stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix New stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix New stock over time.
Current vs Lagged Prices |
| Timeline |
Phoenix New Lagged Returns
When evaluating Phoenix New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix New stock have on its future price. Phoenix New autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Phoenix New autocorrelation shows the relationship between Phoenix New stock current value and its past values and can show if there is a momentum factor associated with investing in Phoenix New Media.
Regressed Prices |
| Timeline |
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 Phoenix New 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, Phoenix New's short interest history, or implied volatility extrapolated from Phoenix New options trading.
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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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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.