Phunware Stock Story


USD 1.38  0.14  9.21%   

In general, we focus on analyzing Phunware (NASDAQ:PHUN) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Phunware daily price indicators and compare them against related drivers. Let's first try to outline why Phunware investors are seeking stability amid unprecedented economic uncertainty.
Published over a month ago
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Should I short my Phunware (NASDAQ:PHUN) holdings?

This firm's average rating is Buy from 3 analysts.
We provide trade recommendations to complement the recent expert consensus on Phunware. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time.
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 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.

Watch out for price decline

Please consider monitoring Phunware on a daily basis if you are holding a position in it. Phunware is trading at a penny-stock level, and the possibility of delisting is much higher compared to other equities. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Phunware stock to be traded above the $1 level to remain listed. If Phunware stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

Use Technical Analysis to project Phunware expected Price

Phunware 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 Phunware technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phunware 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...

How does Phunware utilize its cash?

To perform a cash flow analysis of Phunware, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Phunware is receiving and how much cash it distributes out in a given period. The Phunware cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Phunware Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at (23.11 Million)

Acquisition by Aune Matt of 4000 shares of Phunware subject to Rule 16b-3

Legal trades by Phunware insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Phunware insider trading alert for grant of common stock by Aune Matt, Chief Financial Officer, on 3rd of June 2022. This event was filed by Phunware Inc with SEC on 2022-06-03. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Detailed Outlook On Phunware

The company reported the previous year's revenue of 10.64 M. Net Loss for the year was (53.52 M) with profit before overhead, payroll, taxes, and interest of 3.61 M.
 2021 2022 (projected)
Receivables967 K1.51 M
Inventories2.37 M2.36 M

Revenues Breakdown

Phunware Revenues yearly trend continues to be quite stable with very little volatility. Revenues may rise above about 15.8 M this year. Revenues usually refers to amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses. Phunware Revenues is quite stable at the moment as compared to the past year. The company's current value of Revenues is estimated at 15.83 Million
201030.88 Million
201919.15 Million
202010 Million
202110.64 Million
202215.83 Million

Our perspective of the latest Phunware rise

Latest treynor ratio is at -0.73.
As of the 9th of July, Phunware holds the coefficient of variation of (461.38), and Risk Adjusted Performance of (0.30). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Phunware, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Phunware, which can be compared to its competitors. Please check Phunware jensen alpha and downside variance to decide if Phunware is priced some-what accurately, providing market reflects its current price of 1.22 per share. Given that Phunware is a hitting penny stock territory we advise to closely look at its total risk alpha.

Whereas some firms under the software—application industry are still a bit expensive, Phunware may offer a potential longer-term growth to institutional investors. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Phunware as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Phunware.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Phunware. Please refer to our Terms of Use for any information regarding our disclosure principles.

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