Zuora Inc Stock Market Value
| ZUO Stock | USD 9.94 0.04 0.40% |
| Symbol | Zuora |
Zuora Inc Price To Book Ratio
Is Systems Software 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 Zuora. If investors know Zuora 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 Zuora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share 3.064 | Quarterly Revenue Growth 0.068 | Return On Assets (0.02) | Return On Equity (0.31) |
The market value of Zuora Inc is measured differently than its book value, which is the value of Zuora that is recorded on the company's balance sheet. Investors also form their own opinion of Zuora's value that differs from its market value or its book value, called intrinsic value, which is Zuora'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 Zuora's market value can be influenced by many factors that don't directly affect Zuora'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 Zuora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zuora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zuora'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.
Zuora '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 Zuora'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 Zuora.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Zuora on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Zuora Inc or generate 0.0% return on investment in Zuora over 30 days. Zuora is related to or competes with GigaCloud Technology, Arqit Quantum, Cemtrex, and Paysafe. Zuora, Inc., together with its subsidiaries, provides cloud-based software on a subscription basis that enables companie... More
Zuora 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 Zuora'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 Zuora Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.0741 | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.95 |
Zuora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zuora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zuora's standard deviation. In reality, there are many statistical measures that can use Zuora historical prices to predict the future Zuora's volatility.| Risk Adjusted Performance | 0.1234 | |||
| Jensen Alpha | 0.1601 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0882 | |||
| Treynor Ratio | 0.3562 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zuora'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.
Zuora Inc Backtested Returns
Zuora appears to be not too volatile, given 3 months investment horizon. Zuora Inc shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Zuora Inc, which you can use to evaluate the volatility of the company. Please utilize Zuora's Downside Deviation of 1.38, mean deviation of 1.03, and Market Risk Adjusted Performance of 0.3662 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zuora holds a performance score of 10. The firm maintains a market beta of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zuora's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zuora is expected to be smaller as well. Please check Zuora's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Zuora's historical returns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Zuora Inc has good reverse predictability. Overlapping area represents the amount of predictability between Zuora time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Zuora Inc price movement. The serial correlation of -0.51 indicates that about 51.0% of current Zuora price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zuora Inc lagged returns against current returns
Autocorrelation, which is Zuora 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 Zuora's stock expected returns. We can calculate the autocorrelation of Zuora returns to help us make a trade decision. For example, suppose you find that Zuora 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 |
Zuora 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 Zuora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zuora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zuora stock over time.
Current vs Lagged Prices |
| Timeline |
Zuora Lagged Returns
When evaluating Zuora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zuora stock have on its future price. Zuora 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, Zuora autocorrelation shows the relationship between Zuora stock current value and its past values and can show if there is a momentum factor associated with investing in Zuora Inc.
Regressed Prices |
| Timeline |
Pair Trading with Zuora
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 Zuora 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 Zuora will appreciate offsetting losses from the drop in the long position's value.Moving together with Zuora Stock
Moving against Zuora Stock
| 0.72 | VHAI | VHAI | PairCorr |
| 0.62 | VRAR | Glimpse Group | PairCorr |
| 0.62 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.52 | VRNT | Verint Systems | PairCorr |
The ability to find closely correlated positions to Zuora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zuora 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 Zuora - 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 Zuora Inc to buy it.
The correlation of Zuora 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 Zuora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zuora Inc 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 Zuora 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 Zuora Correlation, Zuora Volatility and Zuora Alpha and Beta module to complement your research on Zuora. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Zuora 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.