Zedge Stock Forecast - Period Momentum Indicator
ZDGE Stock | USD 2.55 0.16 5.90% |
Zedge Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zedge stock prices and determine the direction of Zedge Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zedge's historical fundamentals, such as revenue growth or operating cash flow patterns.
Zedge |
Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
(0.16) | (0.16) |
Check Zedge Volatility | Backtest Zedge | Information Ratio |
Zedge Trading Date Momentum
On November 21 2024 Zedge Inc was traded for 2.55 at the closing time. The top price for the day was 2.81 and the lowest listed price was 2.55 . The trading volume for the day was 88.9 K. The trading history from November 21, 2024 had no short-term effect on price fluctuation. The trading date delta against the current closing price is 4.71% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Zedge
For every potential investor in Zedge, whether a beginner or expert, Zedge's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zedge Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zedge. Basic forecasting techniques help filter out the noise by identifying Zedge's price trends.View Zedge Related Equities
Risk & Return | Correlation |
Zedge Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Zedge's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Zedge's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Zedge Market Strength Events
Market strength indicators help investors to evaluate how Zedge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zedge shares will generate the highest return on investment. By undertsting and applying Zedge stock market strength indicators, traders can identify Zedge Inc entry and exit signals to maximize returns.
Zedge Risk Indicators
The analysis of Zedge's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Zedge's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zedge stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 2.92 | |||
Standard Deviation | 3.77 | |||
Variance | 14.23 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Zedge Inc is a strong investment it is important to analyze Zedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Zedge to cross-verify your projections. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Interactive Media & Services space 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 Zedge. If investors know Zedge 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 Zedge 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 (0.96) | Earnings Share (0.65) | Revenue Per Share 2.135 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0023 |
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.