Zurich Insurance (Germany) Market Value

ZFI1 Stock  EUR 29.00  0.20  0.69%   
Zurich Insurance's market value is the price at which a share of Zurich Insurance trades on a public exchange. It measures the collective expectations of Zurich Insurance Group investors about its performance. Zurich Insurance is trading at 29.00 as of the 27th of November 2024. This is a 0.69 percent increase since the beginning of the trading day. The stock's lowest day price was 29.0.
With this module, you can estimate the performance of a buy and hold strategy of Zurich Insurance Group and determine expected loss or profit from investing in Zurich Insurance over a given investment horizon. Check out Zurich Insurance Correlation, Zurich Insurance Volatility and Zurich Insurance Alpha and Beta module to complement your research on Zurich Insurance.
Symbol

Please note, there is a significant difference between Zurich Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zurich Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zurich Insurance'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.

Zurich Insurance '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 Zurich Insurance'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 Zurich Insurance.
0.00
02/01/2024
No Change 0.00  0.0 
In 9 months and 28 days
11/27/2024
0.00
If you would invest  0.00  in Zurich Insurance on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Zurich Insurance Group or generate 0.0% return on investment in Zurich Insurance over 300 days. Zurich Insurance is related to or competes with Berkshire Hathaway, Berkshire Hathaway, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, and Talanx AG. Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, t... More

Zurich Insurance 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 Zurich Insurance'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 Zurich Insurance Group upside and downside potential and time the market with a certain degree of confidence.

Zurich Insurance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zurich Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zurich Insurance's standard deviation. In reality, there are many statistical measures that can use Zurich Insurance historical prices to predict the future Zurich Insurance's volatility.
Hype
Prediction
LowEstimatedHigh
26.8829.0031.12
Details
Intrinsic
Valuation
LowRealHigh
24.6726.7931.90
Details
Naive
Forecast
LowNextHigh
27.5829.7031.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.0927.7329.38
Details

Zurich Insurance Backtested Returns

Zurich Insurance appears to be very steady, given 3 months investment horizon. Zurich Insurance shows Sharpe Ratio of 0.0967, which attests that the company had a 0.0967% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zurich Insurance, which you can use to evaluate the volatility of the company. Please utilize Zurich Insurance's Market Risk Adjusted Performance of 0.6515, mean deviation of 1.47, and Downside Deviation of 2.35 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zurich Insurance holds a performance score of 7. The firm maintains a market beta of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zurich Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zurich Insurance is expected to be smaller as well. Please check Zurich Insurance's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Zurich Insurance's historical returns will revert.

Auto-correlation

    
  0.60  

Good predictability

Zurich Insurance Group has good predictability. Overlapping area represents the amount of predictability between Zurich Insurance time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Zurich Insurance price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Zurich Insurance price fluctuation can be explain by its past prices.
Correlation Coefficient0.6
Spearman Rank Test0.64
Residual Average0.0
Price Variance2.0

Zurich Insurance lagged returns against current returns

Autocorrelation, which is Zurich Insurance 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 Zurich Insurance's stock expected returns. We can calculate the autocorrelation of Zurich Insurance returns to help us make a trade decision. For example, suppose you find that Zurich Insurance 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  

Zurich Insurance 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 Zurich Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zurich Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zurich Insurance stock over time.
   Current vs Lagged Prices   
       Timeline  

Zurich Insurance Lagged Returns

When evaluating Zurich Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zurich Insurance stock have on its future price. Zurich Insurance 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, Zurich Insurance autocorrelation shows the relationship between Zurich Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Zurich Insurance Group.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Zurich Stock

Zurich Insurance financial ratios help investors to determine whether Zurich 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 Zurich with respect to the benefits of owning Zurich Insurance security.