Zkh Group Limited Stock Probability of Future Stock Price Finishing Over 7.03
| ZKH Stock | 3.70 0.11 2.89% |
ZKH |
ZKH Group Target Price Odds to finish over 7.03
The tendency of ZKH Stock 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 move over 7.03 or more in 90 days |
| 3.70 | 90 days | 7.03 | near 1 |
Based on a normal probability distribution, the odds of ZKH Group to move over 7.03 or more in 90 days from now is near 1 (This ZKH Group Limited probability density function shows the probability of ZKH Stock to fall within a particular range of prices over 90 days) . Probability of ZKH Group Limited price to stay between its current price of 3.70 and 7.03 at the end of the 90-day period is about 28.13 .
Considering the 90-day investment horizon ZKH Group has a beta of 0.17. This usually means as returns on the market go up, ZKH Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZKH Group Limited will be expected to be much smaller as well. Additionally ZKH Group Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ZKH Group Price Density |
| Price |
Predictive Modules for ZKH Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZKH Group Limited. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.ZKH Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZKH Group is not an exception. The market had few large corrections towards the ZKH Group'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 ZKH Group Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZKH Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0009 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.03 |
ZKH Group 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 ZKH Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZKH Group Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZKH Group Limited had very high historical volatility over the last 90 days | |
| ZKH Group Limited has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 8.72 B. Reported Net Loss for the year was (304.9 M) with profit before taxes, overhead, and interest of 1.32 B. | |
| ZKH Group generates negative cash flow from operations | |
| ZKH Group Limited has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: ZKH Group Limited Enters Strategically Comprehensive Cooperation Agreement with Tmall |
ZKH Group Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ZKH Stock often depends not only on the future outlook of the current and potential ZKH Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ZKH Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.7 M | |
| Cash And Short Term Investments | 2 B |
ZKH Group Technical Analysis
ZKH Group's future price can be derived by breaking down and analyzing its technical indicators over time. ZKH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZKH Group Limited. In general, you should focus on analyzing ZKH Stock price patterns and their correlations with different microeconomic environments and drivers.
ZKH Group Predictive Forecast Models
ZKH Group's time-series forecasting models is one of many ZKH Group's stock 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 ZKH Group'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 stock market movement and maximize returns from investment trading.
Things to note about ZKH Group Limited
Checking the ongoing alerts about ZKH Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZKH Group Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZKH Group Limited had very high historical volatility over the last 90 days | |
| ZKH Group Limited has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 8.72 B. Reported Net Loss for the year was (304.9 M) with profit before taxes, overhead, and interest of 1.32 B. | |
| ZKH Group generates negative cash flow from operations | |
| ZKH Group Limited has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: ZKH Group Limited Enters Strategically Comprehensive Cooperation Agreement with Tmall |
Check out ZKH Group Backtesting, ZKH Group Valuation, ZKH Group Correlation, ZKH Group Hype Analysis, ZKH Group Volatility, ZKH Group History as well as ZKH Group Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Industrial Machinery & Supplies & Components 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 ZKH Group. If investors know ZKH 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 ZKH Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 82.533 | Quarterly Revenue Growth 0.085 | Return On Assets (0.04) | Return On Equity (0.18) |
The market value of ZKH Group Limited is measured differently than its book value, which is the value of ZKH that is recorded on the company's balance sheet. Investors also form their own opinion of ZKH Group's value that differs from its market value or its book value, called intrinsic value, which is ZKH Group'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 ZKH Group's market value can be influenced by many factors that don't directly affect ZKH Group'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 ZKH Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZKH Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZKH Group'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.