ZTO Express Stock Forecast - Jensen Alpha
| ZTO Stock | USD 18.99 0.29 1.50% |
ZTO Stock Forecast is based on your current time horizon. Although ZTO Express' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ZTO Express' systematic risk associated with finding meaningful patterns of ZTO Express fundamentals over time.
ZTO |
| Check ZTO Express Volatility | Backtest ZTO Express | Information Ratio |
ZTO Express Trading Date Momentum
| On November 25 2024 ZTO Express was traded for 18.99 at the closing time. Highest ZTO Express's price during the trading hours was 19.37 and the lowest price during the day was 18.89 . The net volume was 6.6 M. The overall trading history on the 25th of November had no short-term effect on price fluctuation. The trading date delta to current price is 1.90% . |
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Other Forecasting Options for ZTO Express
For every potential investor in ZTO, whether a beginner or expert, ZTO Express' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ZTO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ZTO. Basic forecasting techniques help filter out the noise by identifying ZTO Express' price trends.ZTO Express Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ZTO Express stock to make a market-neutral strategy. Peer analysis of ZTO Express could also be used in its relative valuation, which is a method of valuing ZTO Express by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ZTO Express 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 ZTO Express' 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 ZTO Express' current price.| Cycle Indicators | ||
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ZTO Express Market Strength Events
Market strength indicators help investors to evaluate how ZTO Express stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZTO Express shares will generate the highest return on investment. By undertsting and applying ZTO Express stock market strength indicators, traders can identify ZTO Express entry and exit signals to maximize returns.
| Accumulation Distribution | 164595.0 | |||
| Daily Balance Of Power | (0.60) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 19.13 | |||
| Day Typical Price | 19.08 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (0.29) | |||
| Relative Strength Index | 37.64 |
ZTO Express Risk Indicators
The analysis of ZTO Express' 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 ZTO Express' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zto 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 | 1.82 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.8 |
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.
Pair Trading with ZTO Express
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 ZTO Express 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 ZTO Express will appreciate offsetting losses from the drop in the long position's value.Moving against ZTO Stock
| 0.79 | FDX | FedEx | PairCorr |
| 0.62 | HUBG | Hub Group | PairCorr |
| 0.45 | AIRTP | Air T Inc | PairCorr |
| 0.38 | JBHT | JB Hunt Transport Fiscal Year End 16th of January 2025 | PairCorr |
The ability to find closely correlated positions to ZTO Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ZTO Express 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 ZTO Express - 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 ZTO Express to buy it.
The correlation of ZTO Express 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 ZTO Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ZTO Express 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 ZTO Express 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 Historical Fundamental Analysis of ZTO Express to cross-verify your projections. To learn how to invest in ZTO Stock, please use our How to Invest in ZTO Express guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Air Freight & Logistics 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 ZTO Express. If investors know ZTO 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 ZTO Express 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 0.028 | Earnings Share 1.45 | Revenue Per Share 50.089 | Quarterly Revenue Growth 0.101 | Return On Assets 0.0775 |
The market value of ZTO Express is measured differently than its book value, which is the value of ZTO that is recorded on the company's balance sheet. Investors also form their own opinion of ZTO Express' value that differs from its market value or its book value, called intrinsic value, which is ZTO Express' 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 ZTO Express' market value can be influenced by many factors that don't directly affect ZTO Express' 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 ZTO Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if ZTO Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZTO Express' 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.