Zumiez Inc Stock Market Value
| ZUMZ Stock | USD 22.00 0.53 2.47% |
| Symbol | Zumiez |
Zumiez Inc Price To Book Ratio
Is 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 Zumiez. If investors know Zumiez 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 Zumiez 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 0.012 | Earnings Share (2.76) | Revenue Per Share 45.773 | Quarterly Revenue Growth 0.046 | Return On Assets (0.01) |
The market value of Zumiez Inc is measured differently than its book value, which is the value of Zumiez that is recorded on the company's balance sheet. Investors also form their own opinion of Zumiez's value that differs from its market value or its book value, called intrinsic value, which is Zumiez'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 Zumiez's market value can be influenced by many factors that don't directly affect Zumiez'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 Zumiez's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zumiez is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zumiez'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.
Zumiez '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 Zumiez'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 Zumiez.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Zumiez on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Zumiez Inc or generate 0.0% return on investment in Zumiez over 360 days. Zumiez is related to or competes with Duluth Holdings, JJill, Shoe Carnival, Cato, Citi Trends, Buckle, and Genesco. Zumiez Inc., together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and har... More
Zumiez 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 Zumiez'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 Zumiez Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 17.19 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 5.33 |
Zumiez Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zumiez's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zumiez's standard deviation. In reality, there are many statistical measures that can use Zumiez historical prices to predict the future Zumiez's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.31) |
Zumiez Inc Backtested Returns
Zumiez Inc shows Sharpe Ratio of -0.11, which attests that the company had a -0.11% return per unit of risk over the last 3 months. Zumiez Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zumiez's Market Risk Adjusted Performance of (0.30), standard deviation of 3.2, and Mean Deviation of 2.2 to validate the risk estimate we provide. The firm maintains a market beta of 1.07, which attests to a somewhat significant risk relative to the market. Zumiez returns are very sensitive to returns on the market. As the market goes up or down, Zumiez is expected to follow. At this point, Zumiez Inc has a negative expected return of -0.36%. Please make sure to check out Zumiez's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Zumiez Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Zumiez Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Zumiez 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 Zumiez Inc price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Zumiez price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 7.39 |
Zumiez Inc lagged returns against current returns
Autocorrelation, which is Zumiez 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 Zumiez's stock expected returns. We can calculate the autocorrelation of Zumiez returns to help us make a trade decision. For example, suppose you find that Zumiez 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 |
Zumiez 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 Zumiez stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zumiez stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zumiez stock over time.
Current vs Lagged Prices |
| Timeline |
Zumiez Lagged Returns
When evaluating Zumiez's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zumiez stock have on its future price. Zumiez 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, Zumiez autocorrelation shows the relationship between Zumiez stock current value and its past values and can show if there is a momentum factor associated with investing in Zumiez Inc.
Regressed Prices |
| Timeline |
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When running Zumiez's price analysis, check to measure Zumiez's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zumiez is operating at the current time. Most of Zumiez's value examination focuses on studying past and present price action to predict the probability of Zumiez's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zumiez's price. Additionally, you may evaluate how the addition of Zumiez to your portfolios can decrease your overall portfolio volatility.