Zeon (Germany) Price on November 23, 2024
| NZE Stock | EUR 8.80 0.20 2.33% |
If you're considering investing in Zeon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zeon stands at 8.80, as last reported on the 24th of November, with the highest price reaching 8.80 and the lowest price hitting 8.80 during the day. Zeon appears to be not too volatile, given 3 months investment horizon. Zeon shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zeon, which you can use to evaluate the volatility of the company. Please utilize Zeon's Downside Deviation of 1.46, mean deviation of 1.23, and Market Risk Adjusted Performance of 10.78 to validate if our risk estimates are consistent with your expectations.
Zeon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zeon |
Sharpe Ratio = 0.1876
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Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Zeon is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zeon by adding it to a well-diversified portfolio.
Zeon Valuation on November 23, 2024
It is possible to determine the worth of Zeon on a given historical date. On November 23, 2024 Zeon was worth 8.8 at the beginning of the trading date compared to the closed value of 8.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zeon stock. Still, in general, we apply an absolute valuation method to find Zeon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Zeon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zeon's related companies.
| Open | High | Low | Close | Volume | |
| 8.80 | 8.80 | 8.80 | 8.80 | 1.00 | |
11/24/2024 | 8.80 | 8.80 | 8.80 | 8.80 | 0.00 |
| Backtest Zeon | | | Zeon History | | | Zeon Valuation | Previous |
Zeon Trading Date Momentum on November 23, 2024
| On November 24 2024 Zeon Corporation was traded for 8.80 at the closing time. The highest daily price throughout the period was 8.80 and the lowest price was 8.80 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 had no short-term effect on price fluctuation. The trading date delta to current closing price is 0.00% . |
Zeon Fundamentals Correlations and Trends
By evaluating Zeon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zeon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zeon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zeon Stock history
Zeon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Zeon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zeon will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Zeon stock prices may prove useful in developing a viable investing in Zeon
ZEON Corporation engages in the elastomers, specialty materials, and other businesses. The company was founded in 1950 and is headquartered in Tokyo, Japan. ZEON CORP operates under Rubber Plastics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3405 people.
Zeon Stock Technical Analysis
Zeon 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.
Price Boundaries
Zeon Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Zeon Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Zeon November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Zeon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zeon shares will generate the highest return on investment. By undertsting and applying Zeon stock market strength indicators, traders can identify Zeon Corporation entry and exit signals to maximize returns
Zeon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zeon's price direction in advance. Along with the technical and fundamental analysis of Zeon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zeon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1391 | |||
| Jensen Alpha | 0.2844 | |||
| Total Risk Alpha | 0.0185 | |||
| Sortino Ratio | 0.1146 | |||
| Treynor Ratio | 10.77 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zeon Stock analysis
When running Zeon's price analysis, check to measure Zeon'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 Zeon is operating at the current time. Most of Zeon's value examination focuses on studying past and present price action to predict the probability of Zeon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zeon's price. Additionally, you may evaluate how the addition of Zeon to your portfolios can decrease your overall portfolio volatility.
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