Fox Corp Class Stock Market Value

FOX Stock  USD 28.62  0.02  0.07%   
Fox Corp's market value is the price at which a share of Fox Corp trades on a public exchange. It measures the collective expectations of Fox Corp Class investors about its performance. Fox Corp is trading at 28.62 as of the 28th of March 2024; that is 0.07 percent increase since the beginning of the trading day. The stock's open price was 28.6.
With this module, you can estimate the performance of a buy and hold strategy of Fox Corp Class and determine expected loss or profit from investing in Fox Corp over a given investment horizon. Check out Fox Corp Correlation, Fox Corp Volatility and Fox Corp Alpha and Beta module to complement your research on Fox Corp.
Symbol

Fox Corp Class Price To Book Ratio

Is Fox Corp'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 Fox Corp. If investors know Fox 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 Fox Corp 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
(0.61)
Dividend Share
0.51
Earnings Share
1.71
Revenue Per Share
29.114
Quarterly Revenue Growth
(0.08)
The market value of Fox Corp Class is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Corp's value that differs from its market value or its book value, called intrinsic value, which is Fox Corp'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 Fox Corp's market value can be influenced by many factors that don't directly affect Fox Corp'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 Fox Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Corp'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.

Fox Corp '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 Fox Corp'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 Fox Corp.
0.00
08/31/2023
No Change 0.00  0.0 
In 6 months and 30 days
03/28/2024
0.00
If you would invest  0.00  in Fox Corp on August 31, 2023 and sell it all today you would earn a total of 0.00 from holding Fox Corp Class or generate 0.0% return on investment in Fox Corp over 210 days. Fox Corp is related to or competes with Marchex, Mediaco Holding, IQIYI, Sea, Scienjoy Holding, Grupo Televisa, and Dolphin Entertainment. Fox Corporation operates as a news, sports, and entertainment company in the United States More

Fox Corp 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 Fox Corp'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 Fox Corp Class upside and downside potential and time the market with a certain degree of confidence.

Fox Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fox Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fox Corp's standard deviation. In reality, there are many statistical measures that can use Fox Corp historical prices to predict the future Fox Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fox Corp'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.
Hype
Prediction
LowEstimatedHigh
27.0428.6030.16
Details
Intrinsic
Valuation
LowRealHigh
25.7434.2335.79
Details
Naive
Forecast
LowNextHigh
26.9128.4730.04
Details
2 Analysts
Consensus
LowTargetHigh
46.8751.5057.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fox Corp. Your research has to be compared to or analyzed against Fox Corp's peers to derive any actionable benefits. When done correctly, Fox Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fox Corp Class.

Fox Corp Class Backtested Returns

We consider Fox Corp very steady. Fox Corp Class secures Sharpe Ratio (or Efficiency) of 0.0538, which denotes the company had a 0.0538% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fox Corp Class, which you can use to evaluate the volatility of the firm. Please confirm Fox Corp's Mean Deviation of 1.1, downside deviation of 1.81, and Coefficient Of Variation of 2351.41 to check if the risk estimate we provide is consistent with the expected return of 0.0834%. Fox Corp has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fox Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fox Corp is expected to be smaller as well. Fox Corp Class right now shows a risk of 1.55%. Please confirm Fox Corp Class sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Fox Corp Class will be following its price patterns.

Auto-correlation

    
  0.20  

Weak predictability

Fox Corp Class has weak predictability. Overlapping area represents the amount of predictability between Fox Corp time series from 31st of August 2023 to 14th of December 2023 and 14th of December 2023 to 28th of March 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 Fox Corp Class price movement. The serial correlation of 0.2 indicates that over 20.0% of current Fox Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.82

Fox Corp Class lagged returns against current returns

Autocorrelation, which is Fox Corp 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 Fox Corp's stock expected returns. We can calculate the autocorrelation of Fox Corp returns to help us make a trade decision. For example, suppose you find that Fox Corp 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  

Fox Corp 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 Fox Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fox Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fox Corp stock over time.
   Current vs Lagged Prices   
       Timeline  

Fox Corp Lagged Returns

When evaluating Fox Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fox Corp stock have on its future price. Fox Corp 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, Fox Corp autocorrelation shows the relationship between Fox Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Fox Corp Class.
   Regressed Prices   
       Timeline  

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Fox Corp Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fox Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fox Corp Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fox Corp Class Stock:
Check out Fox Corp Correlation, Fox Corp Volatility and Fox Corp Alpha and Beta module to complement your research on Fox Corp.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Fox Stock analysis

When running Fox Corp's price analysis, check to measure Fox Corp'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 Fox Corp is operating at the current time. Most of Fox Corp's value examination focuses on studying past and present price action to predict the probability of Fox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fox Corp's price. Additionally, you may evaluate how the addition of Fox Corp to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Fox Corp 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 Fox Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fox Corp 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...