Zeder Investments (South Africa) Market Value
| ZED Stock | 160.00 3.00 1.91% |
| Symbol | Zeder |
Zeder Investments '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 Zeder Investments' 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 Zeder Investments.
| 02/11/2023 |
| 01/31/2025 |
If you would invest 0.00 in Zeder Investments on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding Zeder Investments or generate 0.0% return on investment in Zeder Investments over 720 days. Zeder Investments is related to or competes with Deneb Investments, British Amer, Reinet Investments, Brimstone Investment, and Advtech. More
Zeder Investments 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 Zeder Investments' 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 Zeder Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 13.87 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 2.99 |
Zeder Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zeder Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zeder Investments' standard deviation. In reality, there are many statistical measures that can use Zeder Investments historical prices to predict the future Zeder Investments' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 4.1 |
Zeder Investments Backtested Returns
Zeder Investments shows Sharpe Ratio of -0.1, which attests that the company had a -0.1 % return per unit of risk over the last 3 months. Zeder Investments exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zeder Investments' Standard Deviation of 2.35, mean deviation of 1.64, and Market Risk Adjusted Performance of 4.11 to validate the risk estimate we provide. The firm maintains a market beta of -0.06, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zeder Investments are expected to decrease at a much lower rate. During the bear market, Zeder Investments is likely to outperform the market. At this point, Zeder Investments has a negative expected return of -0.24%. Please make sure to check out Zeder Investments' potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if Zeder Investments performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Zeder Investments has poor reverse predictability. Overlapping area represents the amount of predictability between Zeder Investments time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st 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 Zeder Investments price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Zeder Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 182.68 |
Zeder Investments lagged returns against current returns
Autocorrelation, which is Zeder Investments 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 Zeder Investments' stock expected returns. We can calculate the autocorrelation of Zeder Investments returns to help us make a trade decision. For example, suppose you find that Zeder Investments 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 |
Zeder Investments 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 Zeder Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zeder Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zeder Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Zeder Investments Lagged Returns
When evaluating Zeder Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zeder Investments stock have on its future price. Zeder Investments 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, Zeder Investments autocorrelation shows the relationship between Zeder Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Zeder Investments.
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.Other Information on Investing in Zeder Stock
Zeder Investments financial ratios help investors to determine whether Zeder Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zeder with respect to the benefits of owning Zeder Investments security.