Zoo Digital Stock Forecast - Relative Strength Index

ZOO Stock   33.50  1.00  2.90%   
Zoo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zoo Digital stock prices and determine the direction of Zoo Digital Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zoo Digital's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zoo Digital's Cash And Short Term Investments are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 5.5 M, whereas Total Current Liabilities is forecasted to decline to about 5.7 M.
On November 28, 2024 Zoo Digital Group had Relative Strength Index of 38.22.
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Zoo Digital Trading Date Momentum

On November 29 2024 Zoo Digital Group was traded for  33.50  at the closing time. The highest price during the trading period was 33.72  and the lowest recorded bid was listed for  33.10 . The volume for the day was 39.7 K. This history from November 29, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 0.00% .
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Other Forecasting Options for Zoo Digital

For every potential investor in Zoo, whether a beginner or expert, Zoo Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zoo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zoo. Basic forecasting techniques help filter out the noise by identifying Zoo Digital's price trends.

Zoo Digital 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 Zoo Digital stock to make a market-neutral strategy. Peer analysis of Zoo Digital could also be used in its relative valuation, which is a method of valuing Zoo Digital by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Zoo Digital Group 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 Zoo Digital'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 Zoo Digital's current price.

Zoo Digital Market Strength Events

Market strength indicators help investors to evaluate how Zoo Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zoo Digital shares will generate the highest return on investment. By undertsting and applying Zoo Digital stock market strength indicators, traders can identify Zoo Digital Group entry and exit signals to maximize returns.

Zoo Digital Risk Indicators

The analysis of Zoo Digital'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 Zoo Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zoo 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.