Zai Lab Stock Odds of Future Stock Price Finishing Over 26.63
| ZLAB Stock | USD 26.63 0.63 2.42% |
Closest to current price Zai long PUT Option Payoff at Expiration
Zai |
Zai Lab Target Price Odds to finish over 26.63
The tendency of Zai 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 above the current price in 90 days |
| 26.63 | 90 days | 26.63 | about 68.03 |
Based on a normal probability distribution, the odds of Zai Lab to move above the current price in 90 days from now is about 68.03 (This Zai Lab probability density function shows the probability of Zai Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Zai Lab has a beta of -0.0818. This usually means as returns on the benchmark increase, returns on holding Zai Lab are expected to decrease at a much lower rate. During a bear market, however, Zai Lab is likely to outperform the market. Additionally Zai Lab has an alpha of 0.1294, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zai Lab Price Density |
| Price |
Predictive Modules for Zai Lab
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zai Lab. 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.Zai Lab Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zai Lab is not an exception. The market had few large corrections towards the Zai Lab'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 Zai Lab, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zai Lab within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 2.22 | |
Ir | Information ratio | 0.03 |
Zai Lab 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 Zai Lab for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zai Lab can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zai Lab generated a negative expected return over the last 90 days | |
| Zai Lab has high historical volatility and very poor performance | |
| Zai Lab has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 266.72 M. Net Loss for the year was (334.62 M) with profit before overhead, payroll, taxes, and interest of 32.97 M. | |
| Zai Lab currently holds about 1.26 B in cash with (198.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.1. | |
| Zai Lab has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Heres Why Analysts Are Bullish on Zai Lab Limited |
Zai Lab 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 Zai Stock often depends not only on the future outlook of the current and potential Zai Lab'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. Zai Lab's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 966.4 M | |
| Cash And Short Term Investments | 806.5 M |
Zai Lab Technical Analysis
Zai Lab's future price can be derived by breaking down and analyzing its technical indicators over time. Zai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zai Lab. In general, you should focus on analyzing Zai Stock price patterns and their correlations with different microeconomic environments and drivers.
Zai Lab Predictive Forecast Models
Zai Lab's time-series forecasting models is one of many Zai Lab'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 Zai Lab'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 Zai Lab
Checking the ongoing alerts about Zai Lab for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zai Lab help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zai Lab generated a negative expected return over the last 90 days | |
| Zai Lab has high historical volatility and very poor performance | |
| Zai Lab has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 266.72 M. Net Loss for the year was (334.62 M) with profit before overhead, payroll, taxes, and interest of 32.97 M. | |
| Zai Lab currently holds about 1.26 B in cash with (198.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.1. | |
| Zai Lab has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Heres Why Analysts Are Bullish on Zai Lab Limited |
Check out Zai Lab Backtesting, Zai Lab Valuation, Zai Lab Correlation, Zai Lab Hype Analysis, Zai Lab Volatility, Zai Lab History as well as Zai Lab Performance. For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Biotechnology 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 Zai Lab. If investors know Zai 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 Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.80) | Revenue Per Share | Quarterly Revenue Growth 0.477 | Return On Assets | Return On Equity |
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab'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 Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab'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 Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab'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.