Za Group Stock Chance of Future Pink Sheet Price Finishing Under 0.00
| ZAAG Stock | USD 0.0001 0.00 0.00% |
ZA |
ZA Target Price Odds to finish below 0.00
The tendency of ZA Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.00 or more in 90 days |
| 0.0001 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of ZA to drop to $ 0.00 or more in 90 days from now is near 1 (This ZA Group probability density function shows the probability of ZA Pink Sheet to fall within a particular range of prices over 90 days) . Probability of ZA Group price to stay between $ 0.00 and its current price of $1.0E-4 at the end of the 90-day period is about 62.08 .
Given the investment horizon of 90 days ZA has the beta coefficient that is very close to zero. This usually means the returns on DOW JONES INDUSTRIAL and ZA do not appear to be reactive. Additionally It does not look like ZA's alpha can have any bearing on the current valuation. ZA Price Density |
| Price |
Predictive Modules for ZA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZA Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.ZA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZA is not an exception. The market had few large corrections towards the ZA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ZA Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000029 | |
Ir | Information ratio | 0.00 |
ZA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ZA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZA Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZA Group is way too risky over 90 days horizon | |
| ZA Group has some characteristics of a very speculative penny stock | |
| ZA Group appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist ZA until it has trouble settling it off, either with new capital or with free cash flow. So, ZA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ZA Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ZA to invest in growth at high rates of return. When we think about ZA's use of debt, we should always consider it together with cash and equity. | |
| ZA Group reported the previous year's revenue of 181.21 K. Net Loss for the year was (2.86 M) with profit before overhead, payroll, taxes, and interest of 97.99 K. | |
| ZA generates negative cash flow from operations |
ZA Technical Analysis
ZA's future price can be derived by breaking down and analyzing its technical indicators over time. ZA Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZA Group. In general, you should focus on analyzing ZA Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
ZA Predictive Forecast Models
ZA's time-series forecasting models is one of many ZA's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ZA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about ZA Group
Checking the ongoing alerts about ZA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZA Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZA Group is way too risky over 90 days horizon | |
| ZA Group has some characteristics of a very speculative penny stock | |
| ZA Group appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist ZA until it has trouble settling it off, either with new capital or with free cash flow. So, ZA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ZA Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ZA to invest in growth at high rates of return. When we think about ZA's use of debt, we should always consider it together with cash and equity. | |
| ZA Group reported the previous year's revenue of 181.21 K. Net Loss for the year was (2.86 M) with profit before overhead, payroll, taxes, and interest of 97.99 K. | |
| ZA generates negative cash flow from operations |
Other Information on Investing in ZA Pink Sheet
ZA financial ratios help investors to determine whether ZA Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ZA with respect to the benefits of owning ZA security.