Is ZenaTech Stock a Good Investment?
ZenaTech Investment Advice | ZENA |
- Examine ZenaTech's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ZenaTech's leadership team and their track record. Good management can help ZenaTech navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Business Services space and any emerging trends that could impact ZenaTech's business and its evolving consumer preferences.
- Compare ZenaTech's performance and market position to its competitors. Analyze how ZenaTech is positioned in terms of product offerings, innovation, and market share.
- Check if ZenaTech pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ZenaTech's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ZenaTech stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ZenaTech is a good investment.
Sell | Buy |
Sell
Market Performance | OK | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine ZenaTech Stock
Researching ZenaTech's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company had not issued any dividends in recent years.
To determine if ZenaTech is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ZenaTech's research are outlined below:
| ZenaTech is way too risky over 90 days horizon | |
| ZenaTech appears to be risky and price may revert if volatility continues | |
| ZenaTech has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.83 M. Net Loss for the year was (241.5 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| ZenaTech generates negative cash flow from operations | |
| Latest headline from benzinga.com: ZenaTech Stock Is Down 21 percent Whats Going On |
Basic technical analysis of ZenaTech Stock
As of the 2nd of December, ZenaTech maintains the Mean Deviation of 18.73, downside deviation of 14.26, and Market Risk Adjusted Performance of 0.5205. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of ZenaTech, as well as the relationship between them.Understand ZenaTech's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ZenaTech's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0869 | |||
| Market Risk Adjusted Performance | 0.5205 | |||
| Mean Deviation | 18.73 | |||
| Semi Deviation | 12.23 | |||
| Downside Deviation | 14.26 | |||
| Coefficient Of Variation | 991.45 | |||
| Standard Deviation | 43.0 | |||
| Variance | 1849.04 | |||
| Information Ratio | 0.0977 | |||
| Jensen Alpha | 3.25 | |||
| Total Risk Alpha | (2.85) | |||
| Sortino Ratio | 0.2945 | |||
| Treynor Ratio | 0.5105 | |||
| Maximum Drawdown | 282.54 | |||
| Value At Risk | (27.84) | |||
| Potential Upside | 38.42 | |||
| Downside Variance | 203.31 | |||
| Semi Variance | 149.54 | |||
| Expected Short fall | (30.71) | |||
| Skewness | 5.18 | |||
| Kurtosis | 30.52 |
| Risk Adjusted Performance | 0.0869 | |||
| Market Risk Adjusted Performance | 0.5205 | |||
| Mean Deviation | 18.73 | |||
| Semi Deviation | 12.23 | |||
| Downside Deviation | 14.26 | |||
| Coefficient Of Variation | 991.45 | |||
| Standard Deviation | 43.0 | |||
| Variance | 1849.04 | |||
| Information Ratio | 0.0977 | |||
| Jensen Alpha | 3.25 | |||
| Total Risk Alpha | (2.85) | |||
| Sortino Ratio | 0.2945 | |||
| Treynor Ratio | 0.5105 | |||
| Maximum Drawdown | 282.54 | |||
| Value At Risk | (27.84) | |||
| Potential Upside | 38.42 | |||
| Downside Variance | 203.31 | |||
| Semi Variance | 149.54 | |||
| Expected Short fall | (30.71) | |||
| Skewness | 5.18 | |||
| Kurtosis | 30.52 |
Consider ZenaTech's intraday indicators
ZenaTech intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ZenaTech stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ZenaTech Corporate Filings
6K | 20th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 30th of September 2024 Other Reports | ViewVerify | |
| 27th of September 2024 Certification of the accuracy of the financial statements and disclosures | ViewVerify | |
| 26th of September 2024 Other Reports | ViewVerify |
ZenaTech Stock media impact
Far too much social signal, news, headlines, and media speculation about ZenaTech that are available to investors today. That information is available publicly through ZenaTech media outlets and privately through word of mouth or via ZenaTech internal channels. However, regardless of the origin, that massive amount of ZenaTech data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ZenaTech news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ZenaTech relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ZenaTech's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ZenaTech alpha.
ZenaTech Corporate Executives
Elected by the shareholders, the ZenaTech's board of directors comprises two types of representatives: ZenaTech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ZenaTech. The board's role is to monitor ZenaTech's management team and ensure that shareholders' interests are well served. ZenaTech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ZenaTech's outside directors are responsible for providing unbiased perspectives on the board's policies.
Already Invested in ZenaTech?
The danger of trading ZenaTech is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ZenaTech is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ZenaTech. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ZenaTech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ZenaTech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZenaTech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zenatech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zenatech Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZenaTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade ZenaTech Stock refer to our How to Trade ZenaTech Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Business Services 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 ZenaTech. If investors know ZenaTech 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 ZenaTech 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 ZenaTech is measured differently than its book value, which is the value of ZenaTech that is recorded on the company's balance sheet. Investors also form their own opinion of ZenaTech's value that differs from its market value or its book value, called intrinsic value, which is ZenaTech's 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 ZenaTech's market value can be influenced by many factors that don't directly affect ZenaTech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between ZenaTech's value and its price, as these two are different measures arrived at by various means. Investors typically determine if ZenaTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZenaTech's 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.