ZKH Group Stock Forecast - Jensen Alpha
| ZKH Stock | 3.34 0.08 2.34% |
ZKH Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ZKH Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
ZKH |
| Check ZKH Group Volatility | Backtest ZKH Group | Trend Details |
ZKH Group Trading Date Momentum
| On November 27 2024 ZKH Group Limited was traded for 3.42 at the closing time. Highest ZKH Group's price during the trading hours was 3.55 and the lowest price during the day was 3.01 . The net volume was 69.1 K. The overall trading history on the 27th of November contributed to the next trading period price depreciation. The trading date delta to the next next day price was 0.58% . The trading date delta to current price is 1.16% . |
| Compare ZKH Group to competition |
Other Forecasting Options for ZKH Group
For every potential investor in ZKH, whether a beginner or expert, ZKH Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ZKH Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ZKH. Basic forecasting techniques help filter out the noise by identifying ZKH Group's price trends.ZKH Group Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ZKH Group stock to make a market-neutral strategy. Peer analysis of ZKH Group could also be used in its relative valuation, which is a method of valuing ZKH Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ZKH Group Limited Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ZKH Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ZKH Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ZKH Group Market Strength Events
Market strength indicators help investors to evaluate how ZKH Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZKH Group shares will generate the highest return on investment. By undertsting and applying ZKH Group stock market strength indicators, traders can identify ZKH Group Limited entry and exit signals to maximize returns.
ZKH Group Risk Indicators
The analysis of ZKH Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ZKH Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zkh stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.54 | |||
| Semi Deviation | 3.15 | |||
| Standard Deviation | 3.36 | |||
| Variance | 11.31 | |||
| Downside Variance | 11.21 | |||
| Semi Variance | 9.9 | |||
| Expected Short fall | (2.68) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether ZKH Group Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZKH Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zkh Group Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zkh Group Limited Stock:Check out Historical Fundamental Analysis of ZKH Group to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Industrial Machinery & Supplies & Components 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 ZKH Group. If investors know ZKH 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 ZKH Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.46) | Revenue Per Share 82.533 | Quarterly Revenue Growth 0.085 | Return On Assets (0.04) | Return On Equity (0.18) |
The market value of ZKH Group Limited is measured differently than its book value, which is the value of ZKH that is recorded on the company's balance sheet. Investors also form their own opinion of ZKH Group's value that differs from its market value or its book value, called intrinsic value, which is ZKH Group'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 ZKH Group's market value can be influenced by many factors that don't directly affect ZKH Group'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 ZKH Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZKH Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZKH Group'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.