ZION OIL Financials
| 3QO Stock | EUR 0.03 0.00 0.00% |
ZION |
Understanding current and past ZION OIL Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ZION OIL's financial statements are interrelated, with each one affecting the others. For example, an increase in ZION OIL's assets may result in an increase in income on the income statement.
Please note, the presentation of ZION OIL's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ZION OIL's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ZION OIL's management manipulating its earnings.
ZION Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ZION OIL's current stock value. Our valuation model uses many indicators to compare ZION OIL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ZION OIL competition to find correlations between indicators driving ZION OIL's intrinsic value. More Info.ZION OIL GAS is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for ZION OIL GAS is about 59,148,384 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ZION OIL's earnings, one of the primary drivers of an investment's value.ZION OIL GAS Systematic Risk
ZION OIL's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ZION OIL volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on ZION OIL GAS correlated with the market. If Beta is less than 0 ZION OIL generally moves in the opposite direction as compared to the market. If ZION OIL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ZION OIL GAS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ZION OIL is generally in the same direction as the market. If Beta > 1 ZION OIL moves generally in the same direction as, but more than the movement of the benchmark.
ZION OIL November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ZION OIL help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ZION OIL GAS. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZION OIL GAS based on widely used predictive technical indicators. In general, we focus on analyzing ZION Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZION OIL's daily price indicators and compare them against related drivers.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 19.21 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 2.35 |
Complementary Tools for ZION Stock analysis
When running ZION OIL's price analysis, check to measure ZION OIL'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 ZION OIL is operating at the current time. Most of ZION OIL's value examination focuses on studying past and present price action to predict the probability of ZION OIL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZION OIL's price. Additionally, you may evaluate how the addition of ZION OIL to your portfolios can decrease your overall portfolio volatility.
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