Zoo Digital (UK) Probability of Future Stock Price Finishing Under 31.17
| ZOO Stock | 35.50 1.00 2.90% |
Zoo |
Zoo Digital Target Price Odds to finish below 31.17
The tendency of Zoo 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 drop to 31.17 or more in 90 days |
| 35.50 | 90 days | 31.17 | about 9.49 |
Based on a normal probability distribution, the odds of Zoo Digital to drop to 31.17 or more in 90 days from now is about 9.49 (This Zoo Digital Group probability density function shows the probability of Zoo Stock to fall within a particular range of prices over 90 days) . Probability of Zoo Digital Group price to stay between 31.17 and its current price of 35.5 at the end of the 90-day period is about 22.23 .
Assuming the 90 days trading horizon Zoo Digital has a beta of 0.96. This usually means Zoo Digital Group market returns are highly-sensitive to returns on the market. As the market goes up or down, Zoo Digital is expected to follow. Additionally Zoo Digital Group 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. Zoo Digital Price Density |
| Price |
Predictive Modules for Zoo Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zoo Digital Group. 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.Zoo Digital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zoo Digital is not an exception. The market had few large corrections towards the Zoo Digital'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 Zoo Digital Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zoo Digital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 5.19 | |
Ir | Information ratio | -0.09 |
Zoo Digital 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 Zoo Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zoo Digital 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.| Zoo Digital Group generated a negative expected return over the last 90 days | |
| Zoo Digital Group has high historical volatility and very poor performance | |
| Zoo Digital Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 40.63 M. Net Loss for the year was (19.12 M) with profit before overhead, payroll, taxes, and interest of 33.93 M. | |
| Zoo Digital generates negative cash flow from operations | |
| About 17.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Germany stocks higher at close of trade DAX up 1.26 percent - MSN |
Zoo Digital 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 Zoo Stock often depends not only on the future outlook of the current and potential Zoo Digital'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. Zoo Digital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.2 M | |
| Cash And Short Term Investments | 5.3 M |
Zoo Digital Technical Analysis
Zoo Digital's future price can be derived by breaking down and analyzing its technical indicators over time. Zoo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zoo Digital Group. In general, you should focus on analyzing Zoo Stock price patterns and their correlations with different microeconomic environments and drivers.
Zoo Digital Predictive Forecast Models
Zoo Digital's time-series forecasting models is one of many Zoo Digital'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 Zoo Digital'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 Zoo Digital Group
Checking the ongoing alerts about Zoo Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zoo Digital Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zoo Digital Group generated a negative expected return over the last 90 days | |
| Zoo Digital Group has high historical volatility and very poor performance | |
| Zoo Digital Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 40.63 M. Net Loss for the year was (19.12 M) with profit before overhead, payroll, taxes, and interest of 33.93 M. | |
| Zoo Digital generates negative cash flow from operations | |
| About 17.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Germany stocks higher at close of trade DAX up 1.26 percent - MSN |
Other Information on Investing in Zoo Stock
Zoo Digital financial ratios help investors to determine whether Zoo Stock 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 Zoo with respect to the benefits of owning Zoo Digital security.