Fox Corp Class Stock Market Value
| FOXA Stock | USD 31.71 0.31 0.99% |
| Symbol | Fox |
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.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Fox Corp on March 25, 2024 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 30 days. Fox Corp is related to or competes with Disney, AMC Entertainment, and Netflix. 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.
| Downside Deviation | 1.9 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.08 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.27 |
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.| Risk Adjusted Performance | 0.0295 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0616 |
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.
Fox Corp Class Backtested Returns
We consider Fox Corp very steady. Fox Corp Class secures Sharpe Ratio (or Efficiency) of 0.0036, which denotes the company had a 0.0036% 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 Downside Deviation of 1.9, coefficient of variation of 2650.11, and Mean Deviation of 1.12 to check if the risk estimate we provide is consistent with the expected return of 0.0056%. The firm shows a Beta (market volatility) of 0.79, 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 1.56%. Please confirm Fox Corp Class skewness, and the relationship between the potential upside and rate of daily change , to decide if Fox Corp Class will be following its price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Fox Corp Class has weak reverse predictability. Overlapping area represents the amount of predictability between Fox Corp time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Fox Corp Class price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Fox Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
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 |
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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.
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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.