Zedge Inc Stock Price on January 30, 2023
| ZDGE Stock | USD 2.69 0.09 3.24% |
Below is the normalized historical share price chart for Zedge Inc extending back to May 26, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zedge stands at 2.69, as last reported on the 20th of January, with the highest price reaching 2.80 and the lowest price hitting 2.69 during the day.
If you're considering investing in Zedge Stock, it is important to understand the factors that can impact its price. At this point, Zedge is very risky. Zedge Inc shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Zedge Inc, which you can use to evaluate the volatility of the company. Please check out Zedge's Standard Deviation of 6.74, market risk adjusted performance of (0.03), and Mean Deviation of 4.18 to validate if the risk estimate we provide is consistent with the expected return of 0.0269%.
The current year's Stock Based Compensation is expected to grow to about 2.6 M, whereas Total Stockholder Equity is forecasted to decline to about 20.6 M. . At present, Zedge's Price Book Value Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.55, whereas Price Earnings To Growth Ratio is projected to grow to (0.09). Zedge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of May 2016 | 200 Day MA 2.9921 | 50 Day MA 2.6653 | Beta 1.286 |
Zedge |
Sharpe Ratio = 0.004
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZDGE |
Estimated Market Risk
| 6.76 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zedge 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 Zedge by adding Zedge to a well-diversified portfolio.
Price Book 1.2639 | Enterprise Value Ebitda 12.5283 | Price Sales 1.2644 | Shares Float 11.2 M | Wall Street Target Price 4 |
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Zedge Valuation on January 30, 2023
It is possible to determine the worth of Zedge on a given historical date. On January 30, 2023 Zedge was worth 2.23 at the beginning of the trading date compared to the closed value of 2.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zedge stock. Still, in general, we apply an absolute valuation method to find Zedge'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 Zedge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zedge's related companies.
| Open | High | Low | Close | Volume | |
| 2.23 | 2.23 | 2.15 | 2.22 | 18,173 | |
01/30/2023 | 2.23 | 2.29 | 2.21 | 2.25 | 40,748 |
| 2.30 | 2.30 | 2.20 | 2.20 | 27,031 |
| Backtest Zedge | | | Zedge History | | | Zedge Valuation | Previous | Next |
Zedge Trading Date Momentum on January 30, 2023
| On January 31 2023 Zedge Inc was traded for 2.20 at the closing time. The top price for the day was 2.30 and the lowest listed price was 2.20 . The trading volume for the day was 27 K. The trading history from January 31, 2023 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 2.22% . The trading date delta against the current closing price is 18.22% . |
Zedge Inc Fundamentals Correlations and Trends
By evaluating Zedge'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 Zedge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zedge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zedge Stock history
Zedge 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 Zedge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zedge Inc 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 Zedge stock prices may prove useful in developing a viable investing in Zedge
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.2 M | 12.5 M | |
| Net Income Applicable To Common Shares | 11.2 M | 11.7 M |
Zedge Quarterly Net Working Capital |
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Zedge Stock Technical Analysis
Zedge 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
Zedge Period Price Range
Low | January 20, 2025
| High |
0.00 | 0.00 |
Zedge Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Zedge January 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Zedge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zedge shares will generate the highest return on investment. By undertsting and applying Zedge stock market strength indicators, traders can identify Zedge Inc entry and exit signals to maximize returns
Zedge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zedge's price direction in advance. Along with the technical and fundamental analysis of Zedge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zedge 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) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.04) |
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| Volume Indicators |
Complementary Tools for Zedge Stock analysis
When running Zedge's price analysis, check to measure Zedge'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 Zedge is operating at the current time. Most of Zedge's value examination focuses on studying past and present price action to predict the probability of Zedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedge's price. Additionally, you may evaluate how the addition of Zedge to your portfolios can decrease your overall portfolio volatility.
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