Zumiez Inc Stock Chance of Future Stock Price Finishing Over 22.0
| ZUMZ Stock | USD 22.82 0.82 3.73% |
Zumiez |
Zumiez Target Price Odds to finish over 22.0
The tendency of Zumiez 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 stay above $ 22.00 in 90 days |
| 22.82 | 90 days | 22.00 | about 66.04 |
Based on a normal probability distribution, the odds of Zumiez to stay above $ 22.00 in 90 days from now is about 66.04 (This Zumiez Inc probability density function shows the probability of Zumiez Stock to fall within a particular range of prices over 90 days) . Probability of Zumiez Inc price to stay between $ 22.00 and its current price of $22.82 at the end of the 90-day period is about 13.35 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.11 . This usually means Zumiez Inc market returns are sensitive to returns on the market. As the market goes up or down, Zumiez is expected to follow. Additionally Zumiez Inc 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. Zumiez Price Density |
| Price |
Predictive Modules for Zumiez
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zumiez Inc. 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.Zumiez Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zumiez is not an exception. The market had few large corrections towards the Zumiez'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 Zumiez Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zumiez within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 1.11 | |
σ | Overall volatility | 2.37 | |
Ir | Information ratio | -0.12 |
Zumiez 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 Zumiez for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zumiez Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zumiez Inc generated a negative expected return over the last 90 days | |
| Zumiez Inc has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 875.49 M. Net Loss for the year was (62.61 M) with profit before overhead, payroll, taxes, and interest of 325.08 M. | |
| Over 86.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Zumiez Inc. to Report Fiscal 2024 Third Quarter Results |
Zumiez 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 Zumiez Stock often depends not only on the future outlook of the current and potential Zumiez'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. Zumiez's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.3 M | |
| Cash And Short Term Investments | 171.6 M |
Zumiez Technical Analysis
Zumiez's future price can be derived by breaking down and analyzing its technical indicators over time. Zumiez Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zumiez Inc. In general, you should focus on analyzing Zumiez Stock price patterns and their correlations with different microeconomic environments and drivers.
Zumiez Predictive Forecast Models
Zumiez's time-series forecasting models is one of many Zumiez'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 Zumiez'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 Zumiez Inc
Checking the ongoing alerts about Zumiez for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zumiez Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zumiez Inc generated a negative expected return over the last 90 days | |
| Zumiez Inc has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 875.49 M. Net Loss for the year was (62.61 M) with profit before overhead, payroll, taxes, and interest of 325.08 M. | |
| Over 86.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Zumiez Inc. to Report Fiscal 2024 Third Quarter Results |
Additional Tools for Zumiez Stock Analysis
When running Zumiez's price analysis, check to measure Zumiez's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zumiez is operating at the current time. Most of Zumiez's value examination focuses on studying past and present price action to predict the probability of Zumiez's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zumiez's price. Additionally, you may evaluate how the addition of Zumiez to your portfolios can decrease your overall portfolio volatility.