Zedge Inc Stock Price on September 7, 2024
| ZDGE Stock | USD 2.64 0.06 2.33% |
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 2.64, as last reported on the 26th of November, with the highest price reaching 2.74 and the lowest price hitting 2.55 during the day.
If you're considering investing in Zedge Stock, it is important to understand the factors that can impact its price. Zedge Inc shows Sharpe Ratio of -0.11, which attests that the company had a -0.11% return per unit of risk over the last 3 months. Zedge Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zedge's Market Risk Adjusted Performance of (1.45), standard deviation of 3.75, and Mean Deviation of 2.93 to validate the risk estimate we provide.
The current year's Stock Based Compensation is expected to grow to about 2.2 M, whereas Total Stockholder Equity is forecasted to decline to about 20.6 M. . At present, Zedge's Price Cash Flow Ratio is projected to decrease significantly based on the last few years of reporting. 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 3.1486 | 50 Day MA 3.1207 | Beta 1.286 |
Zedge |
Sharpe Ratio = -0.1098
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZDGE |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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 1.1811 | Enterprise Value Ebitda 6.404 | Price Sales 1.2127 | Shares Float 11.2 M | Wall Street Target Price 7 |
Zedge Main Headline on 6th of September 2024
Disposition of 3654 shares by Michael Jonas of Zedge subject... by Michael Jonas
Filed transaction by Zedge Inc Director, 10 Percent Owner, Officer: Executive Chairman. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Zedge Valuation on September 7, 2024
It is possible to determine the worth of Zedge on a given historical date. On September 7, 2024 Zedge was worth 3.15 at the beginning of the trading date compared to the closed value of 3.19. 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 | |
| 3.14 | 3.25 | 3.14 | 3.17 | 15,095 | |
09/06/2024 | 3.15 | 3.23 | 3.08 | 3.19 | 25,295 |
| 3.16 | 3.18 | 2.98 | 3.01 | 34,605 |
| Backtest Zedge | | | Zedge History | | | Zedge Valuation | Previous | Next |
Zedge Trading Date Momentum on September 7, 2024
| On September 09 2024 Zedge Inc was traded for 3.01 at the closing time. The top price for the day was 3.18 and the lowest listed price was 2.98 . The trading volume for the day was 34.6 K. The trading history from September 9, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 5.64% . The trading date delta against the current closing price is 2.82% . |
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 | 14.1 M | 12.5 M | |
| Net Income Applicable To Common Shares | 11.2 M | 11.7 M |
Zedge Quarterly Net Working Capital |
|
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 | November 26, 2024
| 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 November 26, 2024 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 | (0.09) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | (1.46) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |