ZEN (Thailand) Price on September 25, 2024
If you're considering investing in ZEN Stock, it is important to understand the factors that can impact its price. ZEN Group shows Sharpe Ratio of -0.13, which attests that the company had a -0.13 % return per unit of standard deviation over the last 3 months. ZEN Group exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZEN's Standard Deviation of 1.08, risk adjusted performance of (0.10), and Mean Deviation of 0.6811 to validate the risk estimate we provide.
ZEN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZEN |
Sharpe Ratio = -0.1251
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZEN 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 ZEN by adding ZEN to a well-diversified portfolio.
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.
Price Boundaries
ZEN Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
ZEN Group cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.
ZEN January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how ZEN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZEN shares will generate the highest return on investment. By undertsting and applying ZEN stock market strength indicators, traders can identify ZEN Group entry and exit signals to maximize returns
ZEN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZEN's price direction in advance. Along with the technical and fundamental analysis of ZEN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZEN 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 | (0.10) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.12) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in ZEN Stock
ZEN financial ratios help investors to determine whether ZEN 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 ZEN with respect to the benefits of owning ZEN security.