Zedge Inc Stock Statistic Functions Beta
| ZDGE Stock | USD 3.15 0.02 0.63% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Zedge Inc correlated with the market. If Beta is less than 0 Zedge generally moves in the opposite direction as compared to the market. If Zedge Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zedge Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zedge is generally in the same direction as the market. If Beta > 1 Zedge moves generally in the same direction as, but more than the movement of the benchmark.
Zedge Technical Analysis Modules
Most technical analysis of Zedge help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Zedge from various momentum indicators to cycle indicators. When you analyze Zedge charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Zedge Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zedge Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zedge Inc based on widely used predictive technical indicators. In general, we focus on analyzing Zedge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zedge's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Zedge's intrinsic value. In addition to deriving basic predictive indicators for Zedge, we also check how macroeconomic factors affect Zedge price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 | 2026 (projected) | Days Sales Outstanding | 41.31 | 39.28 | 45.18 | 57.18 | PTB Ratio | 1.65 | 2.13 | 2.45 | 3.45 |
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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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Zedge Inc pair trading
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 Zedge 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 Zedge will appreciate offsetting losses from the drop in the long position's value.Zedge Pair Trading
Zedge Inc Pair Trading Analysis
The ability to find closely correlated positions to Zedge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zedge 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 Zedge - 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 Zedge Inc to buy it.
The correlation of Zedge 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 Zedge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zedge 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 Zedge 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Will Interactive Media & Services sector continue expanding? Could Zedge diversify its offerings? Factors like these will boost the valuation of Zedge. Anticipated expansion of Zedge directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Zedge data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.256 | Dividend Share 0.016 | Earnings Share (0.09) | Revenue Per Share | Quarterly Revenue Growth 0.058 |
Investors evaluate Zedge Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Zedge's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Zedge's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Zedge's market price signifies the transaction level at which participants voluntarily complete trades.