Zevia Pbc Stock Market Value
| ZVIA Stock | USD 2.19 0.14 6.83% |
| Symbol | Zevia |
Zevia Pbc Price To Book Ratio
Is Packaged Foods & Meats 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 Zevia Pbc. If investors know Zevia 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 Zevia Pbc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.32) | Revenue Per Share 2.71 | Quarterly Revenue Growth (0.16) | Return On Assets (0.17) | Return On Equity (0.44) |
The market value of Zevia Pbc is measured differently than its book value, which is the value of Zevia that is recorded on the company's balance sheet. Investors also form their own opinion of Zevia Pbc's value that differs from its market value or its book value, called intrinsic value, which is Zevia Pbc'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 Zevia Pbc's market value can be influenced by many factors that don't directly affect Zevia Pbc'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 Zevia Pbc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zevia Pbc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zevia Pbc'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.
Zevia Pbc '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 Zevia Pbc'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 Zevia Pbc.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Zevia Pbc on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Zevia Pbc or generate 0.0% return on investment in Zevia Pbc over 30 days. Zevia Pbc is related to or competes with Hill Street, Vita Coco, Coca Cola, Coca Cola, Embotelladora Andina, National Beverage, and Embotelladora Andina. Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated and non-carbonated soft drin... More
Zevia Pbc 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 Zevia Pbc'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 Zevia Pbc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.7 | |||
| Information Ratio | 0.1732 | |||
| Maximum Drawdown | 39.46 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 13.33 |
Zevia Pbc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zevia Pbc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zevia Pbc's standard deviation. In reality, there are many statistical measures that can use Zevia Pbc historical prices to predict the future Zevia Pbc's volatility.| Risk Adjusted Performance | 0.1561 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 0.2311 | |||
| Sortino Ratio | 0.2587 | |||
| Treynor Ratio | 1.3 |
Zevia Pbc Backtested Returns
Zevia Pbc is dangerous given 3 months investment horizon. Zevia Pbc shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. We were able to collect and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use Zevia Pbc Downside Deviation of 4.7, mean deviation of 4.93, and Market Risk Adjusted Performance of 1.31 to evaluate company specific risk that cannot be diversified away. Zevia Pbc holds a performance score of 13 on a scale of zero to a hundred. The firm maintains a market beta of 1.03, which attests to a somewhat significant risk relative to the market. Zevia Pbc returns are very sensitive to returns on the market. As the market goes up or down, Zevia Pbc is expected to follow. Use Zevia Pbc accumulation distribution, and the relationship between the semi variance and day typical price , to analyze future returns on Zevia Pbc.
Auto-correlation | 0.30 |
Below average predictability
Zevia Pbc has below average predictability. Overlapping area represents the amount of predictability between Zevia Pbc time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Zevia Pbc price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Zevia Pbc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Zevia Pbc lagged returns against current returns
Autocorrelation, which is Zevia Pbc 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 Zevia Pbc's stock expected returns. We can calculate the autocorrelation of Zevia Pbc returns to help us make a trade decision. For example, suppose you find that Zevia Pbc 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 |
Zevia Pbc 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 Zevia Pbc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zevia Pbc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zevia Pbc stock over time.
Current vs Lagged Prices |
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Zevia Pbc Lagged Returns
When evaluating Zevia Pbc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zevia Pbc stock have on its future price. Zevia Pbc 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, Zevia Pbc autocorrelation shows the relationship between Zevia Pbc stock current value and its past values and can show if there is a momentum factor associated with investing in Zevia Pbc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Zevia Pbc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zevia Pbc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zevia Pbc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zevia Pbc Stock:Check out Zevia Pbc Correlation, Zevia Pbc Volatility and Zevia Pbc Alpha and Beta module to complement your research on Zevia Pbc. For information on how to trade Zevia Stock refer to our How to Trade Zevia Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Zevia Pbc 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.