Ermenegildo Zegna Nv Stock Alpha and Beta Analysis
| ZGN Stock | USD 7.88 0.06 0.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ermenegildo Zegna NV. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ermenegildo Zegna over a specified time horizon. Remember, high Ermenegildo Zegna's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Ermenegildo Zegna's market risk premium analysis include:
Beta 0.56 | Alpha (0.46) | Risk 3.06 | Sharpe Ratio (0.14) | Expected Return (0.42) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Ermenegildo |
Ermenegildo Zegna Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ermenegildo Zegna market risk premium is the additional return an investor will receive from holding Ermenegildo Zegna long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ermenegildo Zegna. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Ermenegildo Zegna's performance over market.| α | -0.46 | β | 0.56 |
Ermenegildo Zegna expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Ermenegildo Zegna's Buy-and-hold return. Our buy-and-hold chart shows how Ermenegildo Zegna performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ermenegildo Zegna Market Price Analysis
Market price analysis indicators help investors to evaluate how Ermenegildo Zegna stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ermenegildo Zegna shares will generate the highest return on investment. By understating and applying Ermenegildo Zegna stock market price indicators, traders can identify Ermenegildo Zegna position entry and exit signals to maximize returns.
Ermenegildo Zegna Return and Market Media
The median price of Ermenegildo Zegna for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 8.47 with a coefficient of variation of 11.56. The daily time series for the period is distributed with a sample standard deviation of 1.0, arithmetic mean of 8.64, and mean deviation of 0.86. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Is Weakness In Ermenegildo Zegna N.V. Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects | 09/06/2024 |
2 | Ermenegildo Zegna Group Reports First Half 2024 Revenues of 960 Million With Profit at 31 Million and Adjusted EBIT at 81 Million | 09/18/2024 |
3 | Half Year 2024 Ermenegildo Zegna NV Earnings Call Transcript | 09/19/2024 |
4 | Will Weakness in Ermenegildo Zegna N.V.s Stock Prove Temporary Given Strong Fundamentals | 09/23/2024 |
5 | Ermenegildo Zegna Group Revenues1 Reach 1.4B in the First Nine Months of 2024. Zegna Brand Continued to Grow Driven by DTC. | 10/22/2024 |
6 | Ermenegildo Zegna Eyes Expansion with Strong Earnings Growth and Strategic Management | 11/04/2024 |
7 | Monterubello, Ermenegildo Zegna Groups Controlling Shareholder, Purchased 913,000 Shares and Intends to Acquire Additional 2 Million Shares | 11/12/2024 |
8 | Heres why you should avoid owning Zegna shares Morgan Stanley | 11/22/2024 |
About Ermenegildo Zegna Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Ermenegildo or other stocks. Alpha measures the amount that position in Ermenegildo Zegna has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 5.7E-5 | 0.009239 | 0.009445 | Price To Sales Ratio | 1.45 | 1.56 | 1.39 |
Ermenegildo Zegna Upcoming Company Events
As portrayed in its financial statements, the presentation of Ermenegildo Zegna's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ermenegildo Zegna's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ermenegildo Zegna's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ermenegildo Zegna. Please utilize our Beneish M Score to check the likelihood of Ermenegildo Zegna's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Ermenegildo Zegna Backtesting, Ermenegildo Zegna Valuation, Ermenegildo Zegna Correlation, Ermenegildo Zegna Hype Analysis, Ermenegildo Zegna Volatility, Ermenegildo Zegna History and analyze Ermenegildo Zegna Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Ermenegildo Zegna technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.