Zscaler Stock Price on October 31, 2023

ZS Stock  USD 207.31  6.37  3.17%   
Below is the normalized historical share price chart for Zscaler extending back to March 16, 2018. 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 Zscaler stands at 207.31, as last reported on the 21st of November, with the highest price reaching 210.65 and the lowest price hitting 200.94 during the day.
IPO Date
16th of March 2018
200 Day MA
189.1939
50 Day MA
184.0778
Beta
0.814
 
Covid
If you're considering investing in Zscaler Stock, it is important to understand the factors that can impact its price. Currently, Zscaler is very steady. Zscaler shows Sharpe Ratio of 0.0359, which attests that the company had a 0.0359% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zscaler, which you can use to evaluate the volatility of the company. Please check out Zscaler's Mean Deviation of 1.9, downside deviation of 3.88, and Market Risk Adjusted Performance of 0.0646 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Zscaler's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.9 B in 2024, whereas Common Stock is likely to drop slightly above 111.3 K in 2024. . At this time, Zscaler's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 36.12 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (441.67). Zscaler Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0359

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Estimated Market Risk

 3.14
  actual daily
27
73% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Zscaler is performing at about 2% 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 Zscaler by adding it to a well-diversified portfolio.
Price Book
24.0494
Enterprise Value Ebitda
454.5331
Price Sales
14.135
Shares Float
94.8 M
Wall Street Target Price
216.909

Zscaler Valuation on October 31, 2023

It is possible to determine the worth of Zscaler on a given historical date. On October 31, 2023 Zscaler was worth 157.39 at the beginning of the trading date compared to the closed value of 158.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zscaler stock. Still, in general, we apply an absolute valuation method to find Zscaler'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 Zscaler where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zscaler's related companies.
 Open High Low Close Volume
  156.06    158.39    155.08    156.81    1,215,600  
10/31/2023
  157.39    159.23    155.37    158.69    769,600  
  159.60    159.90    152.60    156.65    1,522,300  
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Open Value
157.39
147.97
Downside
158.69
Closing Value
166.81
Upside

Zscaler Trading Date Momentum on October 31, 2023

On November 01 2023 Zscaler was traded for  156.65  at the closing time. The highest price during the trading period was 159.90  and the lowest recorded bid was listed for  152.60 . The volume for the day was 1.5 M. This history from November 1, 2023 contributed to the next trading day price decline. The trading date delta to the next closing price was 1.29% . The trading date delta to the current price is 7.54% .

Zscaler Fundamentals Correlations and Trends

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

About Zscaler Stock history

Zscaler 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 Zscaler is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zscaler 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 Zscaler stock prices may prove useful in developing a viable investing in Zscaler
Last ReportedProjected for Next Year
Common Stock Shares Outstanding149.6 M131.7 M
Net Loss-182.1 M-191.2 M

Zscaler Quarterly Net Working Capital

283.73 Million

Zscaler Stock Technical Analysis

Zscaler 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 Zscaler technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zscaler 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

Zscaler Period Price Range

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November 21, 2024
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Zscaler 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.

Zscaler November 21, 2024 Market Strength

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

Zscaler Technical and Predictive Indicators

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

Additional Tools for Zscaler Stock Analysis

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