Zip Co Limited Stock Price on October 1, 2024
| ZIZTF Stock | USD 2.30 0.10 4.55% |
If you're considering investing in Zip Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Zip Co stands at 2.30, as last reported on the 29th of November, with the highest price reaching 2.30 and the lowest price hitting 2.20 during the day. Zip Co appears to be very risky, given 3 months investment horizon. Zip Co Limited shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% 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 0.72% is justified by implied risk. Please utilize Zip Co's Market Risk Adjusted Performance of 25.16, downside deviation of 5.75, and Mean Deviation of 3.65 to validate if our risk estimates are consistent with your expectations.
Zip Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Zip |
Sharpe Ratio = 0.1507
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Estimated Market Risk
| 4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Zip Co is performing at about 11% 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.
Zip Co Valuation on October 1, 2024
It is possible to determine the worth of Zip Co on a given historical date. On October 1, 2024 Zip was worth 2.05 at the beginning of the trading date compared to the closed value of 1.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zip Co pink sheet. 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 | |
| 1.89 | 1.92 | 1.89 | 1.92 | 7,550 | |
10/01/2024 | 2.05 | 2.05 | 1.88 | 1.88 | 4,749 |
| 1.65 | 1.83 | 1.65 | 1.83 | 8,998 |
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Zip Co Trading Date Momentum on October 1, 2024
| On October 02 2024 Zip Co Limited was traded for 1.83 at the closing time. The highest daily price throughout the period was 1.83 and the lowest price was 1.65 . The daily volume was 9 K. The net trading volume on 10/02/2024 added to the next day price reduction. The trading date delta to closing price of the next trading day was 2.66% . The trading date delta to current closing price is 6.38% . |
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 Pink Sheet 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
Zip Co Limited provides digital retail finance and payments solutions to consumers, and small and medium sized merchants in Australia, Canada, the Czech Republic, Mexico, New Zealand, Poland, Saudi Arabia, Singapore, South Africa, Turkey, the United Arab Emirates, the United Kingdom, and the United States. Zip Co Limited was incorporated in 2009 and is headquartered in Sydney, Australia. Zip operates under Credit Services classification in the United States and is traded on OTC Exchange. It employs 1498 people.
Zip Co Pink Sheet Technical Analysis
Zip Co technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Zip Co Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Zip Co November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Zip Co pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.1261 | |||
| Jensen Alpha | 0.8912 | |||
| Total Risk Alpha | 0.0058 | |||
| Sortino Ratio | 0.1355 | |||
| Treynor Ratio | 25.15 |
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| Volume Indicators |
Complementary Tools for Zip Pink Sheet 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.
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