Zoomcar Holdings Stock Market Value
| ZCARW Stock | 0.01 0.01 27.78% |
| Symbol | Zoomcar |
Zoomcar Holdings Price To Book Ratio
Is Personal 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 Zoomcar Holdings. If investors know Zoomcar 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 Zoomcar Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 28.23 | Quarterly Revenue Growth (0.14) | Return On Assets (1.24) |
The market value of Zoomcar Holdings is measured differently than its book value, which is the value of Zoomcar that is recorded on the company's balance sheet. Investors also form their own opinion of Zoomcar Holdings' value that differs from its market value or its book value, called intrinsic value, which is Zoomcar Holdings' 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 Zoomcar Holdings' market value can be influenced by many factors that don't directly affect Zoomcar Holdings' 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 Zoomcar Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoomcar Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoomcar Holdings' 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.
Zoomcar Holdings '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 Zoomcar Holdings' 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 Zoomcar Holdings.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Zoomcar Holdings on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Zoomcar Holdings or generate 0.0% return on investment in Zoomcar Holdings over 30 days. Zoomcar Holdings is related to or competes with Ryder System, Air Lease, Vestis, Willis Lease, AerCap Holdings, Avis Budget, and FlexShopper. Zoomcar Holdings is entity of United States More
Zoomcar Holdings 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 Zoomcar Holdings' 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 Zoomcar Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.57 | |||
| Information Ratio | 0.1154 | |||
| Maximum Drawdown | 152.03 | |||
| Value At Risk | (34.88) | |||
| Potential Upside | 44.64 |
Zoomcar Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zoomcar Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zoomcar Holdings' standard deviation. In reality, there are many statistical measures that can use Zoomcar Holdings historical prices to predict the future Zoomcar Holdings' volatility.| Risk Adjusted Performance | 0.1018 | |||
| Jensen Alpha | 3.67 | |||
| Total Risk Alpha | (1.06) | |||
| Sortino Ratio | 0.1652 | |||
| Treynor Ratio | (1.27) |
Zoomcar Holdings Backtested Returns
Zoomcar Holdings is out of control given 3 months investment horizon. Zoomcar Holdings shows Sharpe Ratio of 0.0943, which attests that the company had a 0.0943% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.67% are justified by taking the suggested risk. Use Zoomcar Holdings Mean Deviation of 20.25, downside deviation of 19.57, and Market Risk Adjusted Performance of (1.26) to evaluate company specific risk that cannot be diversified away. Zoomcar Holdings holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of -2.65, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Zoomcar Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, Zoomcar Holdings is expected to outperform it. Use Zoomcar Holdings downside variance, as well as the relationship between the daily balance of power and relative strength index , to analyze future returns on Zoomcar Holdings.
Auto-correlation | 0.20 |
Weak predictability
Zoomcar Holdings has weak predictability. Overlapping area represents the amount of predictability between Zoomcar Holdings time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 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 Zoomcar Holdings price movement. The serial correlation of 0.2 indicates that over 20.0% of current Zoomcar Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zoomcar Holdings lagged returns against current returns
Autocorrelation, which is Zoomcar Holdings 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 Zoomcar Holdings' stock expected returns. We can calculate the autocorrelation of Zoomcar Holdings returns to help us make a trade decision. For example, suppose you find that Zoomcar Holdings 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 |
Zoomcar Holdings 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 Zoomcar Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zoomcar Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zoomcar Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Zoomcar Holdings Lagged Returns
When evaluating Zoomcar Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zoomcar Holdings stock have on its future price. Zoomcar Holdings 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, Zoomcar Holdings autocorrelation shows the relationship between Zoomcar Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Zoomcar Holdings.
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 Zoomcar Stock Analysis
When running Zoomcar Holdings' price analysis, check to measure Zoomcar Holdings' 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 Zoomcar Holdings is operating at the current time. Most of Zoomcar Holdings' value examination focuses on studying past and present price action to predict the probability of Zoomcar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomcar Holdings' price. Additionally, you may evaluate how the addition of Zoomcar Holdings to your portfolios can decrease your overall portfolio volatility.