Zai Lab Stock Price on August 19, 2024

ZLAB Stock  USD 28.85  0.72  2.56%   
Below is the normalized historical share price chart for Zai Lab extending back to September 20, 2017. 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 Zai Lab stands at 28.85, as last reported on the 29th of November, with the highest price reaching 29.16 and the lowest price hitting 28.31 during the day.
IPO Date
20th of September 2017
200 Day MA
20.4203
50 Day MA
27.0186
Beta
1.036
 
Covid
If you're considering investing in Zai Stock, it is important to understand the factors that can impact its price. Zai Lab appears to be very steady, given 3 months investment horizon. Zai Lab shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. By examining Zai Lab's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please utilize Zai Lab's Mean Deviation of 2.9, market risk adjusted performance of 0.835, and Downside Deviation of 4.19 to validate if our risk estimates are consistent with your expectations.
  
The current year's Stock Based Compensation is expected to grow to about 83.6 M, whereas Total Stockholder Equity is forecasted to decline to about 623.6 M. . At present, Zai Lab's Price Book Value Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.03, whereas Price To Sales Ratio is forecasted to decline to 0.91. Zai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1744

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Estimated Market Risk

 4.06
  actual daily
36
64% of assets are more volatile

Expected Return

 0.71
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Zai Lab is performing at about 13% 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 Zai Lab by adding it to a well-diversified portfolio.
Price Book
4.5273
Enterprise Value Ebitda
(2.35)
Price Sales
8.5189
Shares Float
882.8 M
Wall Street Target Price
51.8109

Zai Lab Main Headline on 19th of August 2024

Filed transaction by Zai Lab Officer: Chief Legal Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Zai Lab Valuation on August 19, 2024

It is possible to determine the worth of Zai Lab on a given historical date. On August 19, 2024 Zai was worth 16.88 at the beginning of the trading date compared to the closed value of 16.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zai Lab stock. Still, in general, we apply an absolute valuation method to find Zai Lab'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 Zai Lab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zai Lab's related companies.
 Open High Low Close Volume
  16.68    17.12    16.41    17.08    268,046  
08/19/2024
  16.88    17.10    16.56    16.99    408,504  
  16.86    17.09    16.83    17.09    577,708  
Backtest Zai Lab  |  Zai Lab History  |  Zai Lab Valuation   PreviousNext  
Open Value
16.88
16.99
Closing Value
29.05
Upside

Zai Lab Trading Date Momentum on August 19, 2024

On August 20 2024 Zai Lab was traded for  17.09  at the closing time. The top price for the day was 17.09  and the lowest listed price was  16.83 . The trading volume for the day was 577.7 K. The trading history from August 20, 2024 was a factor to the next trading day price jump. The trading date delta against the next closing price was 0.59% . The trading date delta against the current closing price is 11.12% .

Zai Lab Fundamentals Correlations and Trends

By evaluating Zai Lab'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 Zai Lab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zai financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Zai Lab Stock history

Zai Lab 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 Zai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zai Lab 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 Zai Lab stock prices may prove useful in developing a viable investing in Zai Lab
Last ReportedProjected for Next Year
Common Stock Shares Outstanding96.6 M76.3 M
Net Loss-399 M-379 M

Zai Lab Quarterly Net Working Capital

618.21 Million

Zai Lab Stock Technical Analysis

Zai Lab 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.
A focus of Zai Lab technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zai Lab trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Zai Lab Period Price Range

Low
November 29, 2024
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High

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Zai Lab cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Zai Lab November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Zai Lab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zai Lab shares will generate the highest return on investment. By undertsting and applying Zai Lab stock market strength indicators, traders can identify Zai Lab entry and exit signals to maximize returns

Zai Lab Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zai Lab's price direction in advance. Along with the technical and fundamental analysis of Zai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zai 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.

Complementary Tools for Zai Stock analysis

When running Zai Lab's price analysis, check to measure Zai Lab'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 Zai Lab is operating at the current time. Most of Zai Lab's value examination focuses on studying past and present price action to predict the probability of Zai Lab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zai Lab's price. Additionally, you may evaluate how the addition of Zai Lab to your portfolios can decrease your overall portfolio volatility.
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