Zip Co (Australia) Price on September 4, 2024
| ZIP Stock | 3.26 0.09 2.69% |
Below is the normalized historical share price chart for Zip Co Limited extending back to December 09, 2009. 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 Zip Co stands at 3.26, as last reported on the 28th of November, with the highest price reaching 3.40 and the lowest price hitting 3.25 during the day.
If you're considering investing in Zip Stock, it is important to understand the factors that can impact its price. Zip Co appears to be unstable, given 3 months investment horizon. Zip Co Limited shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. By examining Zip Co's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Zip Co's Mean Deviation of 3.08, downside deviation of 2.92, and Market Risk Adjusted Performance of 2.49 to validate if our risk estimates are consistent with your expectations.
At this time, Zip Co's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1 B in 2024, whereas Treasury Stock is likely to drop (9.9 M) in 2024. . Zip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.8683 | 50 Day MA 2.9466 | Beta 3.304 |
Zip |
Sharpe Ratio = 0.1566
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ZIP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Zip Co is performing at about 12% 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 Zip Co by adding it to a well-diversified portfolio.
Price Book 10.9746 | Enterprise Value Ebitda 17.8862 | Price Sales 4.9186 | Shares Float 1 B | Wall Street Target Price 3.2133 |
Zip Co Valuation on September 4, 2024
It is possible to determine the worth of Zip Co on a given historical date. On September 4, 2024 Zip was worth 2.14 at the beginning of the trading date compared to the closed value of 2.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zip Co stock. Still, in general, we apply an absolute valuation method to find Zip Co'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 Zip Co where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zip Co's related companies.
| Open | High | Low | Close | Volume | |
| 2.30 | 2.31 | 2.17 | 2.22 | 13,831,304 | |
09/04/2024 | 2.14 | 2.20 | 2.12 | 2.16 | 12,555,476 |
| 2.16 | 2.24 | 2.11 | 2.12 | 16,481,354 |
| Backtest Zip Co | | | Zip Co History | | | Zip Co Valuation | Previous | Next |
Zip Co Trading Date Momentum on September 4, 2024
| On September 05 2024 Zip Co Limited was traded for 2.12 at the closing time. The maximum traded price for the trading interval was 2.24 and the lowest daily price was 2.11 . The daily volume was recorded at 16.5 M. The volume of trading on 5th of September 2024 played a part in the next trading day price drop. The trading date delta to the next closing price was 1.85% . The trading date delta to the closing price today is 10.19% . |
Zip Co Limited Fundamentals Correlations and Trends
By evaluating Zip Co'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 Zip Co's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zip Co Stock history
Zip Co 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 Zip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zip Co Limited 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 Zip Co stock prices may prove useful in developing a viable investing in Zip Co
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 997 M | 1 B | |
| Net Loss | -339.3 M | -356.3 M |
Zip Co Quarterly Net Working Capital |
|
Zip Co Stock Technical Analysis
Zip Co 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
Zip Co Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Zip Co Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Zip Co November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Zip Co stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zip Co shares will generate the highest return on investment. By undertsting and applying Zip Co stock market strength indicators, traders can identify Zip Co Limited entry and exit signals to maximize returns
Zip Co Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zip Co's price direction in advance. Along with the technical and fundamental analysis of Zip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zip 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 | 0.1367 | |||
| Jensen Alpha | 0.6246 | |||
| Total Risk Alpha | 0.0325 | |||
| Sortino Ratio | 0.1836 | |||
| Treynor Ratio | 2.48 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Zip Stock Analysis
When running Zip Co's price analysis, check to measure Zip Co'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 Zip Co is operating at the current time. Most of Zip Co's value examination focuses on studying past and present price action to predict the probability of Zip Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zip Co's price. Additionally, you may evaluate how the addition of Zip Co to your portfolios can decrease your overall portfolio volatility.