Zeons Stock Market Value
| ZEON Stock | USD 0.0001 0.00 0.00% |
| Symbol | Zeons |
Is Other Specialty Retail 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 Zeons. If investors know Zeons 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 Zeons listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Zeons is measured differently than its book value, which is the value of Zeons that is recorded on the company's balance sheet. Investors also form their own opinion of Zeons' value that differs from its market value or its book value, called intrinsic value, which is Zeons' 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 Zeons' market value can be influenced by many factors that don't directly affect Zeons' 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 Zeons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zeons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zeons' 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.
Zeons '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 Zeons' 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 Zeons.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Zeons on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Zeons or generate 0.0% return on investment in Zeons over 330 days. Zeons is related to or competes with Oriental Culture, Hour Loop, Qurate Retail, Jeffs Brands, Kidpik Corp, MOGU, and Jd Com Inc. Zeons Corporation provides research and development of energy solutions More
Zeons 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 Zeons' 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 Zeons upside and downside potential and time the market with a certain degree of confidence.
Zeons Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zeons' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zeons' standard deviation. In reality, there are many statistical measures that can use Zeons historical prices to predict the future Zeons' volatility.Zeons Backtested Returns
We have found three technical indicators for Zeons, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Zeons are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Zeons has perfect predictability. Overlapping area represents the amount of predictability between Zeons time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Zeons price movement. The serial correlation of 1.0 indicates that 100.0% of current Zeons price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zeons lagged returns against current returns
Autocorrelation, which is Zeons 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 Zeons' stock expected returns. We can calculate the autocorrelation of Zeons returns to help us make a trade decision. For example, suppose you find that Zeons 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 |
Zeons 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 Zeons stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zeons stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zeons stock over time.
Current vs Lagged Prices |
| Timeline |
Zeons Lagged Returns
When evaluating Zeons' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zeons stock have on its future price. Zeons 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, Zeons autocorrelation shows the relationship between Zeons stock current value and its past values and can show if there is a momentum factor associated with investing in Zeons.
Regressed Prices |
| Timeline |
Pair Trading with Zeons
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 Zeons 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 Zeons will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Zeons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zeons 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 Zeons - 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 Zeons to buy it.
The correlation of Zeons 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 Zeons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zeons 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 Zeons 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 Zeons Correlation, Zeons Volatility and Zeons Alpha and Beta module to complement your research on Zeons. To learn how to invest in Zeons Stock, please use our How to Invest in Zeons guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Zeons 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.