Zebra Technologies Stock Market Value
| ZBRA Stock | USD 395.16 2.85 0.73% |
| Symbol | Zebra |
Zebra Technologies Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Zebra Technologies. If investors know Zebra 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 Zebra Technologies 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 (0.22) | Earnings Share 7.34 | Revenue Per Share 90.49 | Quarterly Revenue Growth 0.313 | Return On Assets 0.0523 |
The market value of Zebra Technologies is measured differently than its book value, which is the value of Zebra that is recorded on the company's balance sheet. Investors also form their own opinion of Zebra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Zebra Technologies' 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 Zebra Technologies' market value can be influenced by many factors that don't directly affect Zebra Technologies' 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 Zebra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zebra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zebra Technologies' 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.
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.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Zebra Technologies on October 23, 2024 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 30 days. Zebra Technologies is related to or competes with Credo Technology, Ubiquiti Networks, Ciena Corp, Clearfield, Juniper Networks, Hewlett Packard, and Telefonaktiebolaget. 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 | 1.31 | |||
| Information Ratio | 0.0618 | |||
| Maximum Drawdown | 8.02 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 3.12 |
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 | 0.1052 | |||
| Jensen Alpha | 0.0673 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | 0.1511 |
Zebra Technologies Backtested Returns
Zebra Technologies appears to be very steady, given 3 months investment horizon. 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-nine technical indicators for Zebra Technologies, which you can use to evaluate the volatility of the company. Please utilize Zebra Technologies' Downside Deviation of 1.31, market risk adjusted performance of 0.1611, and Mean Deviation of 1.17 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zebra Technologies holds a performance score of 10. The firm maintains a market beta of 1.3, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Zebra Technologies will likely underperform. Please check Zebra Technologies' jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Zebra Technologies' historical returns will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
Zebra Technologies has modest reverse predictability. Overlapping area represents the amount of predictability between Zebra Technologies time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Zebra Technologies price movement. The serial correlation of -0.46 indicates that about 46.0% of current Zebra Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 51.85 |
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.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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.