Fox Corp Class Stock Price on December 31, 2023
| FOXA Stock | USD 33.71 0.39 1.17% |
Below is the normalized historical share price chart for Fox Corp Class extending back to March 12, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fox Corp stands at 33.71, as last reported on the 10th of May, with the highest price reaching 33.71 and the lowest price hitting 33.71 during the day.
If you're considering investing in Fox Stock, it is important to understand the factors that can impact its price. We consider Fox Corp very steady. Fox Corp Class secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% 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 1.17, downside deviation of 1.91, and Coefficient Of Variation of 1507.37 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
At present, Fox Corp's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 479.3 M, whereas Common Stock is forecasted to decline to about 4.3 M. . At present, Fox Corp's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 2.33, whereas Price Earnings Ratio is forecasted to decline to 15.13. Fox Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of March 2019 | 200 Day MA 30.9945 | 50 Day MA 30.6206 | Beta 0.792 |
Fox |
Sharpe Ratio = 0.1482
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| Small Returns | FOXA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.24 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Fox Corp is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fox Corp by adding it to a well-diversified portfolio.
Price Book 1.3942 | Enterprise Value Ebitda 9.8431 | Price Sales 0.9421 | Shares Float 380.1 M | Wall Street Target Price 36.45 |
Fox Corp Valuation on December 31, 2023
It is possible to determine the worth of Fox Corp on a given historical date. On December 31, 2023 Fox was worth 29.69 at the beginning of the trading date compared to the closed value of 29.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fox Corp stock. Still, in general, we apply an absolute valuation method to find Fox Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fox Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fox Corp's related companies.
| Open | High | Low | Close | Volume | |
| 29.72 | 29.94 | 29.47 | 29.47 | 1,779,536 | |
12/29/2023 | 29.69 | 29.80 | 29.40 | 29.40 | 2,127,497 |
| 29.67 | 30.51 | 29.42 | 29.97 | 2,889,576 |
| Backtest Fox Corp | | | Fox Corp History | | | Fox Corp Valuation | Previous | Next |
Fox Corp Trading Date Momentum on December 31, 2023
| On January 02 2024 Fox Corp Class was traded for 29.97 at the closing time. The top price for the day was 30.51 and the lowest listed price was 29.42 . The trading volume for the day was 2.9 M. The trading history from January 2, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.94% . The overall trading delta against the current closing price is 2.38% . |
Fox Corp Class Fundamentals Correlations and Trends
By evaluating Fox Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fox Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fox financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fox Corp Stock history
Fox Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fox Corp Class will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fox Corp stock prices may prove useful in developing a viable investing in Fox Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 477.9 M | 479.3 M | |
| Net Income Applicable To Common Shares | 1.4 B | 2.8 B |
Fox Corp Quarterly Net Working Capital |
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Fox Corp Stock Technical Analysis
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.
Price Boundaries
Fox Corp Period Price Range
Low | December 29, 2023
| High |
29.69 | 29.40 |
Fox Corp May 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Fox Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fox Corp shares will generate the highest return on investment. By undertsting and applying Fox Corp stock market strength indicators, traders can identify Fox Corp Class entry and exit signals to maximize returns
Fox Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fox Corp's price direction in advance. Along with the technical and fundamental analysis of Fox Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fox to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0471 | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | 0.1131 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Corp Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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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) | Earnings Share 3.17 | Revenue Per Share 29.219 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0681 |
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.