Zenosense Financial Statements From 2010 to 2026
Zenosense's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Zenosense's valuation are provided below:Zenosense does not presently have any fundamental gauges for analysis.
This module can also supplement various Zenosense Technical models . Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Check Zenosense financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zenosense's main balance sheet or income statement drivers, such as , as well as many indicators such as . Zenosense financial statements analysis is a perfect complement when working with Zenosense Valuation or Volatility modules.
Zenosense |
Zenosense Company Price To Book Analysis
Zenosense's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Zenosense Price To Book | 216.37 X |
Most of Zenosense's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Zenosense is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Zenosense has a Price To Book of 216 times. This is much higher than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The price to book for all United States stocks is notably lower than that of the firm.
Zenosense Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zenosense's current stock value. Our valuation model uses many indicators to compare Zenosense value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zenosense competition to find correlations between indicators driving Zenosense's intrinsic value. More Info.Zenosense is rated second in return on asset category among its peers. It is rated fourth in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zenosense by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zenosense's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Pair Trading with Zenosense
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zenosense position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zenosense will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to KLA Tencor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KLA Tencor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KLA Tencor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KLA Tencor to buy it.
The correlation of KLA Tencor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KLA Tencor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KLA Tencor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KLA Tencor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Zenosense Pink Sheet
If you are still planning to invest in Zenosense check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Zenosense's history and understand the potential risks before investing.
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