Zeo Energy Corp Stock Market Value
| ZEO Stock | 1.33 0.08 6.40% |
| Symbol | Zeo |
Zeo Energy Corp Price To Book Ratio
Is Electrical Components & Equipment 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 Zeo Energy. If investors know Zeo 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 Zeo Energy 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 (0.96) | Earnings Share 6.23 | Revenue Per Share 47.601 | Quarterly Revenue Growth (0.51) | Return On Assets (0.02) |
The market value of Zeo Energy Corp is measured differently than its book value, which is the value of Zeo that is recorded on the company's balance sheet. Investors also form their own opinion of Zeo Energy's value that differs from its market value or its book value, called intrinsic value, which is Zeo Energy'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 Zeo Energy's market value can be influenced by many factors that don't directly affect Zeo Energy'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 Zeo Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zeo Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zeo Energy'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.
Zeo Energy '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 Zeo Energy'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 Zeo Energy.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Zeo Energy on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Zeo Energy Corp or generate 0.0% return on investment in Zeo Energy over 360 days. Zeo Energy is related to or competes with Boston Beer, Nyxoah, MI Homes, Bluerock Homes, Compania Cervecerias, Vita Coco, and Keurig Dr. Zeo Energy is entity of United States. It is traded as Stock on NASDAQ exchange. More
Zeo Energy 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 Zeo Energy'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 Zeo Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.85 | |||
| Information Ratio | (0.0003) | |||
| Maximum Drawdown | 148.51 | |||
| Value At Risk | (14.47) | |||
| Potential Upside | 7.69 |
Zeo Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zeo Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zeo Energy's standard deviation. In reality, there are many statistical measures that can use Zeo Energy historical prices to predict the future Zeo Energy's volatility.| Risk Adjusted Performance | 0.0134 | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (1.90) | |||
| Sortino Ratio | (0.0007) | |||
| Treynor Ratio | 0.0182 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zeo Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zeo Energy Corp Backtested Returns
As of now, Zeo Stock is out of control. Zeo Energy Corp shows Sharpe Ratio of 0.0096, which attests that the company had a 0.0096% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zeo Energy Corp, which you can use to evaluate the volatility of the company. Please check out Zeo Energy's Market Risk Adjusted Performance of 0.0282, mean deviation of 7.36, and Downside Deviation of 8.85 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The firm maintains a market beta of 4.36, 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, Zeo Energy will likely underperform. Zeo Energy Corp right now maintains a risk of 17.82%. Please check out Zeo Energy Corp potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Zeo Energy Corp will be following its historical returns.
Auto-correlation | 0.84 |
Very good predictability
Zeo Energy Corp has very good predictability. Overlapping area represents the amount of predictability between Zeo Energy time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 Zeo Energy Corp price movement. The serial correlation of 0.84 indicates that around 84.0% of current Zeo Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 1.31 |
Zeo Energy Corp lagged returns against current returns
Autocorrelation, which is Zeo Energy 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 Zeo Energy's stock expected returns. We can calculate the autocorrelation of Zeo Energy returns to help us make a trade decision. For example, suppose you find that Zeo Energy 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 |
Zeo Energy 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 Zeo Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zeo Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zeo Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Zeo Energy Lagged Returns
When evaluating Zeo Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zeo Energy stock have on its future price. Zeo Energy 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, Zeo Energy autocorrelation shows the relationship between Zeo Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Zeo Energy Corp.
Regressed Prices |
| Timeline |
Pair Trading with Zeo Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zeo Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zeo Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Zeo Stock
Moving against Zeo Stock
| 0.7 | AZ | A2Z Smart Technologies | PairCorr |
| 0.66 | B | Barnes Group | PairCorr |
| 0.66 | J | Jacobs Solutions | PairCorr |
| 0.65 | VMI | Valmont Industries | PairCorr |
| 0.65 | ALSN | Allison Transmission | PairCorr |
The ability to find closely correlated positions to Zeo Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zeo Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zeo Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zeo Energy Corp to buy it.
The correlation of Zeo Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zeo Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zeo Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zeo Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Zeo Energy Correlation, Zeo Energy Volatility and Zeo Energy Alpha and Beta module to complement your research on Zeo Energy. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Zeo Energy 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.