Zinzino Ab Stock Probability of Future Pink Sheet Price Finishing Over 7.15
| ZNZNF Stock | USD 7.80 0.20 2.63% |
Zinzino |
Zinzino AB Target Price Odds to finish over 7.15
The tendency of Zinzino 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 stay above $ 7.15 in 90 days |
| 7.80 | 90 days | 7.15 | under 95 |
Based on a normal probability distribution, the odds of Zinzino AB to stay above $ 7.15 in 90 days from now is under 95 (This Zinzino AB probability density function shows the probability of Zinzino Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Zinzino AB price to stay between $ 7.15 and its current price of $7.8 at the end of the 90-day period is about 17.68 .
Assuming the 90 days horizon Zinzino AB has a beta of -0.14. This usually means as returns on the benchmark increase, returns on holding Zinzino AB are expected to decrease at a much lower rate. During a bear market, however, Zinzino AB is likely to outperform the market. Additionally Zinzino AB has an alpha of 0.1978, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zinzino AB Price Density |
| Price |
Predictive Modules for Zinzino AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zinzino AB. 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.Zinzino AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zinzino AB is not an exception. The market had few large corrections towards the Zinzino AB'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 Zinzino AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zinzino AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.75 | |
Ir | Information ratio | 0.01 |
Zinzino AB 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 Zinzino AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zinzino AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zinzino AB had very high historical volatility over the last 90 days | |
| About 30.0% of the company outstanding shares are owned by insiders |
Zinzino AB Technical Analysis
Zinzino AB's future price can be derived by breaking down and analyzing its technical indicators over time. Zinzino Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zinzino AB. In general, you should focus on analyzing Zinzino Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Zinzino AB Predictive Forecast Models
Zinzino AB's time-series forecasting models is one of many Zinzino AB'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 Zinzino AB'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 Zinzino AB
Checking the ongoing alerts about Zinzino AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zinzino AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zinzino AB had very high historical volatility over the last 90 days | |
| About 30.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Zinzino Pink Sheet
Zinzino AB financial ratios help investors to determine whether Zinzino 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 Zinzino with respect to the benefits of owning Zinzino AB security.