ZAZZ Energy (Sweden) Price on August 23, 2023
ZAZZ-B Stock | 0 0.0001 4.76% |
If you're considering investing in ZAZZ Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZAZZ Energy stands at 0, as last reported on the 30th of November, with the highest price reaching 0 and the lowest price hitting 0 during the day. ZAZZ Energy shows Sharpe Ratio of -0.0252, which attests that the company had a -0.0252% return per unit of risk over the last 3 months. ZAZZ Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZAZZ Energy's Standard Deviation of 5.25, mean deviation of 3.17, and Market Risk Adjusted Performance of 1.32 to validate the risk estimate we provide.
ZAZZ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZAZZ |
Sharpe Ratio = -0.0252
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Estimated Market Risk
4.26 actual daily | 37 63% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZAZZ Energy is not performing at its full potential. However, 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 ZAZZ Energy by adding ZAZZ Energy to a well-diversified portfolio.
ZAZZ Energy Valuation on August 23, 2023
It is possible to determine the worth of ZAZZ Energy on a given historical date. On August 23, 2023 ZAZZ was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZAZZ Energy stock. Still, in general, we apply an absolute valuation method to find ZAZZ Energy'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 ZAZZ Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZAZZ Energy's related companies.
Open | High | Low | Close | Volume | |
0.11 | 0.11 | 0.11 | 0.11 | 6,269,867 | |
08/23/2023 | 0.11 | 0.12 | 0.10 | 0.11 | 6,267,385 |
0.12 | 0.13 | 0.1 | 0.12 | 21,115,752 |
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ZAZZ Energy Trading Date Momentum on August 23, 2023
On August 24 2023 ZAZZ Energy of was traded for 0.12 at the closing time. The highest price during the trading period was 0.13 and the lowest recorded bid was listed for 0.1 . The volume for the day was 21.1 M. This history from August 24, 2023 contributed to the next trading day price jump. The trading date delta to the next closing price was 9.09% . The trading date delta to the current price is 0.00% . |
ZAZZ Energy Fundamentals Correlations and Trends
By evaluating ZAZZ Energy'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 ZAZZ Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZAZZ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZAZZ Energy Stock history
ZAZZ Energy 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 ZAZZ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZAZZ Energy 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 ZAZZ Energy stock prices may prove useful in developing a viable investing in ZAZZ Energy
ZAZZ Energy Stock Technical Analysis
ZAZZ Energy 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
ZAZZ Energy Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ZAZZ Energy of cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
ZAZZ Energy November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ZAZZ Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZAZZ Energy shares will generate the highest return on investment. By undertsting and applying ZAZZ Energy stock market strength indicators, traders can identify ZAZZ Energy of entry and exit signals to maximize returns
ZAZZ Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZAZZ Energy's price direction in advance. Along with the technical and fundamental analysis of ZAZZ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZAZZ 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 | (0.05) | |||
Jensen Alpha | (0.39) | |||
Total Risk Alpha | (1.31) | |||
Treynor Ratio | 1.31 |
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Complementary Tools for ZAZZ Stock analysis
When running ZAZZ Energy's price analysis, check to measure ZAZZ Energy'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 ZAZZ Energy is operating at the current time. Most of ZAZZ Energy's value examination focuses on studying past and present price action to predict the probability of ZAZZ Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZAZZ Energy's price. Additionally, you may evaluate how the addition of ZAZZ Energy to your portfolios can decrease your overall portfolio volatility.
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