Kanzhun Ltd Adr Stock Market Value
| BZ Stock | USD 12.76 0.16 1.24% |
| Symbol | Kanzhun |
Kanzhun Ltd ADR Price To Book Ratio
Is Interactive Media & 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 Kanzhun. If investors know Kanzhun 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 Kanzhun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.343 | Earnings Share 0.43 | Revenue Per Share 15.488 | Quarterly Revenue Growth 0.288 | Return On Assets 0.0333 |
The market value of Kanzhun Ltd ADR is measured differently than its book value, which is the value of Kanzhun that is recorded on the company's balance sheet. Investors also form their own opinion of Kanzhun's value that differs from its market value or its book value, called intrinsic value, which is Kanzhun'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 Kanzhun's market value can be influenced by many factors that don't directly affect Kanzhun's 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 Kanzhun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kanzhun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kanzhun'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.
Kanzhun 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kanzhun's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kanzhun.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Kanzhun on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Kanzhun Ltd ADR or generate 0.0% return on investment in Kanzhun over 720 days. Kanzhun is related to or competes with Ziprecruiter, Automatic Data, Robert Half, TrueBlue, TriNet, ManpowerGroup, and Kforce. Kanzhun Limited operates an online recruitment platform, BOSS Zhipin in the Peoples Republic of China More
Kanzhun Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kanzhun's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kanzhun Ltd ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 28.38 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 7.36 |
Kanzhun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kanzhun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kanzhun's standard deviation. In reality, there are many statistical measures that can use Kanzhun historical prices to predict the future Kanzhun's volatility.| Risk Adjusted Performance | 0.0042 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.04) |
Kanzhun Ltd ADR Backtested Returns
Kanzhun Ltd ADR has Sharpe Ratio of -0.001, which conveys that the firm had a -0.001% return per unit of risk over the last 3 months. Kanzhun exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kanzhun's Risk Adjusted Performance of 0.0042, mean deviation of 3.1, and Standard Deviation of 5.09 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.08, which conveys a somewhat significant risk relative to the market. Kanzhun returns are very sensitive to returns on the market. As the market goes up or down, Kanzhun is expected to follow. At this point, Kanzhun Ltd ADR has a negative expected return of -0.0053%. Please make sure to verify Kanzhun's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Kanzhun Ltd ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Kanzhun Ltd ADR has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kanzhun time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kanzhun Ltd ADR price movement. The serial correlation of -0.2 indicates that over 20.0% of current Kanzhun price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 7.81 |
Kanzhun Ltd ADR lagged returns against current returns
Autocorrelation, which is Kanzhun stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kanzhun's stock expected returns. We can calculate the autocorrelation of Kanzhun returns to help us make a trade decision. For example, suppose you find that Kanzhun has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kanzhun regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kanzhun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kanzhun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kanzhun stock over time.
Current vs Lagged Prices |
| Timeline |
Kanzhun Lagged Returns
When evaluating Kanzhun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kanzhun stock have on its future price. Kanzhun autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kanzhun autocorrelation shows the relationship between Kanzhun stock current value and its past values and can show if there is a momentum factor associated with investing in Kanzhun Ltd ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Kanzhun Stock Analysis
When running Kanzhun's price analysis, check to measure Kanzhun'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 Kanzhun is operating at the current time. Most of Kanzhun's value examination focuses on studying past and present price action to predict the probability of Kanzhun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kanzhun's price. Additionally, you may evaluate how the addition of Kanzhun to your portfolios can decrease your overall portfolio volatility.