Zeons Stock Cash Per Share
| ZEON Stock | USD 0.0001 0.00 0.00% |
Zeons fundamentals help investors to digest information that contributes to Zeons' financial success or failures. It also enables traders to predict the movement of Zeons Stock. The fundamental analysis module provides a way to measure Zeons' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zeons stock.
Zeons |
Zeons Company Cash Per Share Analysis
Zeons' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, Zeons has a Cash Per Share of 0.0 times. This is 100.0% lower than that of the Specialty Retail sector and 100.0% lower than that of the Consumer Discretionary industry. The cash per share for all United States stocks is 100.0% higher than that of the company.
Zeons Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zeons' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zeons could also be used in its relative valuation, which is a method of valuing Zeons by comparing valuation metrics of similar companies.Zeons is currently under evaluation in cash per share category among its peers.
About Zeons Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zeons's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zeons using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zeons based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Zeons
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zeons position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zeons will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Zeons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zeons when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zeons - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zeons to buy it.
The correlation of Zeons is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zeons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zeons moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zeons can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Zeons Piotroski F Score and Zeons Altman Z Score analysis. To learn how to invest in Zeons Stock, please use our How to Invest in Zeons guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zeons. If investors know Zeons will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zeons listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Zeons is measured differently than its book value, which is the value of Zeons that is recorded on the company's balance sheet. Investors also form their own opinion of Zeons' value that differs from its market value or its book value, called intrinsic value, which is Zeons' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zeons' market value can be influenced by many factors that don't directly affect Zeons' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zeons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zeons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zeons' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.