Zebra Technologies (Brazil) Market Value
| Z1BR34 Stock | BRL 79.13 1.62 2.01% |
| Symbol | Zebra |
Zebra Technologies '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 Zebra Technologies' 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 Zebra Technologies.
| 02/05/2023 |
| 01/25/2025 |
If you would invest 0.00 in Zebra Technologies on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Zebra Technologies or generate 0.0% return on investment in Zebra Technologies over 720 days. Zebra Technologies is related to or competes with Bank of America, Capital One, and United Rentals. Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the ... More
Zebra Technologies 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 Zebra Technologies' 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 Zebra Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.0601 | |||
| Maximum Drawdown | 7.91 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.95 |
Zebra Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zebra Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zebra Technologies' standard deviation. In reality, there are many statistical measures that can use Zebra Technologies historical prices to predict the future Zebra Technologies' volatility.| Risk Adjusted Performance | 0.0878 | |||
| Jensen Alpha | 0.1149 | |||
| Total Risk Alpha | 0.0546 | |||
| Sortino Ratio | 0.0378 | |||
| Treynor Ratio | 0.3751 |
Zebra Technologies Backtested Returns
At this point, Zebra Technologies is very steady. Zebra Technologies shows Sharpe Ratio of 0.13, which attests that the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zebra Technologies, which you can use to evaluate the volatility of the company. Please check out Zebra Technologies' Market Risk Adjusted Performance of 0.3851, downside deviation of 2.26, and Mean Deviation of 0.8265 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Zebra Technologies has a performance score of 9 on a scale of 0 to 100. The firm maintains a market beta of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zebra Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Zebra Technologies is expected to be smaller as well. Zebra Technologies right now maintains a risk of 1.48%. Please check out Zebra Technologies information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Zebra Technologies will be following its historical returns.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Zebra Technologies has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Zebra Technologies time series from 5th of February 2023 to 31st of January 2024 and 31st of January 2024 to 25th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zebra Technologies price movement. The serial correlation of -0.79 indicates that around 79.0% of current Zebra Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 149.29 |
Zebra Technologies lagged returns against current returns
Autocorrelation, which is Zebra Technologies 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 Zebra Technologies' stock expected returns. We can calculate the autocorrelation of Zebra Technologies returns to help us make a trade decision. For example, suppose you find that Zebra Technologies 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 |
Zebra Technologies 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 Zebra Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zebra Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zebra Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Zebra Technologies Lagged Returns
When evaluating Zebra Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zebra Technologies stock have on its future price. Zebra Technologies 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, Zebra Technologies autocorrelation shows the relationship between Zebra Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Zebra Technologies.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in Zebra Stock
When determining whether Zebra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zebra Technologies' 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 Zebra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zebra Technologies Stock:Check out Zebra Technologies Correlation, Zebra Technologies Volatility and Zebra Technologies Alpha and Beta module to complement your research on Zebra Technologies. For information on how to trade Zebra Stock refer to our How to Trade Zebra Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Zebra Technologies 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.