Zkh Group Limited Stock Price on March 4, 2024
| ZKH Stock | 3.34 0.08 2.34% |
If you're considering investing in ZKH Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZKH Group stands at 3.34, as last reported on the 1st of December, with the highest price reaching 3.40 and the lowest price hitting 3.33 during the day. ZKH Group appears to be relatively risky, given 3 months investment horizon. ZKH Group Limited shows Sharpe Ratio of 0.0711, which attests that the company had a 0.0711% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for ZKH Group Limited, which you can use to evaluate the volatility of the company. Please utilize ZKH Group's Mean Deviation of 2.54, downside deviation of 3.35, and Risk Adjusted Performance of 0.0573 to validate if our risk estimates are consistent with your expectations.
As of now, ZKH Group's Issuance Of Capital Stock is decreasing as compared to previous years. The ZKH Group's current Stock Based Compensation To Revenue is estimated to increase to 0, while Common Stock Shares Outstanding is projected to decrease to under 41.5 M. . As of now, ZKH Group's Price Book Value Ratio is decreasing as compared to previous years. The ZKH Group's current Price To Book Ratio is estimated to increase to 0.51, while Price To Sales Ratio is projected to decrease to 0.17. ZKH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZKH |
Sharpe Ratio = 0.0711
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Estimated Market Risk
| 3.36 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average ZKH Group is performing at about 5% 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 ZKH Group by adding it to a well-diversified portfolio.
Price Book 1.2696 | Enterprise Value Ebitda 166.7247 | Price Sales 0.0626 | Shares Float 2 B | Wall Street Target Price 31.167 |
ZKH Group Valuation on March 4, 2024
It is possible to determine the worth of ZKH Group on a given historical date. On March 4, 2024 ZKH was worth 19.5 at the beginning of the trading date compared to the closed value of 19.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZKH Group stock. Still, in general, we apply an absolute valuation method to find ZKH Group'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 ZKH Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZKH Group's related companies.
| Open | High | Low | Close | Volume | |
| 20.20 | 20.78 | 19.20 | 19.64 | 71,100 | |
03/04/2024 | 19.50 | 19.78 | 18.49 | 19.00 | 40,819 |
| 19.20 | 19.47 | 18.09 | 18.50 | 60,478 |
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ZKH Group Trading Date Momentum on March 4, 2024
| On March 05 2024 ZKH Group Limited was traded for 18.50 at the closing time. Highest ZKH Group's price during the trading hours was 19.47 and the lowest price during the day was 18.09 . The net volume was 60.5 K. The overall trading history on the 5th of March contributed to the next trading period price depreciation. The trading date delta to the next next day price was 2.63% . The trading date delta to current price is 2.11% . |
ZKH Group Limited Fundamentals Correlations and Trends
By evaluating ZKH Group'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 ZKH Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZKH financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZKH Group Stock history
ZKH Group 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 ZKH is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZKH Group 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 ZKH Group stock prices may prove useful in developing a viable investing in ZKH Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.7 M | 41.5 M | |
| Net Loss | -1.1 B | -1.2 B |
ZKH Group Quarterly Net Working Capital |
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ZKH Group Stock Technical Analysis
ZKH Group 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
ZKH Group Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
ZKH Group Limited cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
ZKH Group December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ZKH Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZKH Group shares will generate the highest return on investment. By undertsting and applying ZKH Group stock market strength indicators, traders can identify ZKH Group Limited entry and exit signals to maximize returns
ZKH Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZKH Group's price direction in advance. Along with the technical and fundamental analysis of ZKH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZKH 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 | 0.0573 | |||
| Jensen Alpha | 0.1868 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0241 | |||
| Treynor Ratio | 1.24 |
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| Volume Indicators |
Complementary Tools for ZKH Stock analysis
When running ZKH Group's price analysis, check to measure ZKH Group'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 ZKH Group is operating at the current time. Most of ZKH Group's value examination focuses on studying past and present price action to predict the probability of ZKH Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZKH Group's price. Additionally, you may evaluate how the addition of ZKH Group to your portfolios can decrease your overall portfolio volatility.
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