Zen Graphene Solutions Stock Market Value
| ZTEK Stock | USD 1.15 0.02 1.71% |
| Symbol | ZEN |
ZEN Graphene Solutions Price To Book Ratio
Is Health Care Equipment & Supplies 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 ZEN Graphene. If investors know ZEN 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 ZEN Graphene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share | Quarterly Revenue Growth 2.037 | Return On Assets | Return On Equity |
The market value of ZEN Graphene Solutions is measured differently than its book value, which is the value of ZEN that is recorded on the company's balance sheet. Investors also form their own opinion of ZEN Graphene's value that differs from its market value or its book value, called intrinsic value, which is ZEN Graphene'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 ZEN Graphene's market value can be influenced by many factors that don't directly affect ZEN Graphene'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 ZEN Graphene's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEN Graphene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEN Graphene'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.
ZEN Graphene '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 ZEN Graphene'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 ZEN Graphene.
| 02/22/2025 |
| 03/24/2025 |
If you would invest 0.00 in ZEN Graphene on February 22, 2025 and sell it all today you would earn a total of 0.00 from holding ZEN Graphene Solutions or generate 0.0% return on investment in ZEN Graphene over 30 days. ZEN Graphene is related to or competes with Milestone Scientific, Pro Dex, Top GloveBhd, Precision Optics,, Nephros, Repro Med, and LeMaitre Vascular. Zentek Ltd. engages in the research and development of graphene and related nanomaterials in Canada More
ZEN Graphene 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 ZEN Graphene'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 ZEN Graphene Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.26 | |||
| Information Ratio | 0.0407 | |||
| Maximum Drawdown | 28.96 | |||
| Value At Risk | (6.78) | |||
| Potential Upside | 6.8 |
ZEN Graphene Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZEN Graphene's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZEN Graphene's standard deviation. In reality, there are many statistical measures that can use ZEN Graphene historical prices to predict the future ZEN Graphene's volatility.| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | 0.1867 | |||
| Total Risk Alpha | 0.5919 | |||
| Sortino Ratio | 0.054 | |||
| Treynor Ratio | 0.4552 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ZEN Graphene'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.
ZEN Graphene Solutions Backtested Returns
ZEN Graphene appears to be extremely dangerous, given 3 months investment horizon. ZEN Graphene Solutions shows Sharpe Ratio of 0.11, which attests that the company had a 0.11 % return per unit of standard deviation over the last 3 months. By reviewing ZEN Graphene's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize ZEN Graphene's Downside Deviation of 4.26, risk adjusted performance of 0.0355, and Mean Deviation of 3.77 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ZEN Graphene holds a performance score of 8. The firm maintains a market beta of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ZEN Graphene's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZEN Graphene is expected to be smaller as well. Please check ZEN Graphene's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether ZEN Graphene's historical returns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
ZEN Graphene Solutions has insignificant reverse predictability. Overlapping area represents the amount of predictability between ZEN Graphene time series from 22nd of February 2025 to 9th of March 2025 and 9th of March 2025 to 24th of March 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 ZEN Graphene Solutions price movement. The serial correlation of -0.15 indicates that less than 15.0% of current ZEN Graphene price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ZEN Graphene Solutions lagged returns against current returns
Autocorrelation, which is ZEN Graphene 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 ZEN Graphene's stock expected returns. We can calculate the autocorrelation of ZEN Graphene returns to help us make a trade decision. For example, suppose you find that ZEN Graphene 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 |
ZEN Graphene 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 ZEN Graphene stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZEN Graphene stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZEN Graphene stock over time.
Current vs Lagged Prices |
| Timeline |
ZEN Graphene Lagged Returns
When evaluating ZEN Graphene's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZEN Graphene stock have on its future price. ZEN Graphene 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, ZEN Graphene autocorrelation shows the relationship between ZEN Graphene stock current value and its past values and can show if there is a momentum factor associated with investing in ZEN Graphene Solutions.
Regressed Prices |
| Timeline |
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ZEN Graphene 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.