Zenatech Stock Alpha and Beta Analysis
| ZENA Stock | 7.26 1.59 17.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ZenaTech. It also helps investors analyze the systematic and unsystematic risks associated with investing in ZenaTech over a specified time horizon. Remember, high ZenaTech's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ZenaTech's market risk premium analysis include:
Beta 8.94 | Alpha 2.8 | Risk 42.15 | Sharpe Ratio 0.0889 | Expected Return 3.75 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ZenaTech |
ZenaTech Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ZenaTech market risk premium is the additional return an investor will receive from holding ZenaTech long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ZenaTech. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ZenaTech's performance over market.| α | 2.80 | β | 8.94 |
ZenaTech expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ZenaTech's Buy-and-hold return. Our buy-and-hold chart shows how ZenaTech performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ZenaTech Market Price Analysis
Market price analysis indicators help investors to evaluate how ZenaTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZenaTech shares will generate the highest return on investment. By understating and applying ZenaTech stock market price indicators, traders can identify ZenaTech position entry and exit signals to maximize returns.
ZenaTech Return and Market Media
The median price of ZenaTech for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 2.08 with a coefficient of variation of 75.46. The daily time series for the period is distributed with a sample standard deviation of 2.32, arithmetic mean of 3.07, and mean deviation of 1.71. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | ZenaTech Inc., AI Drone and Enterprise SaaS Company, Announces Direct Listing on the Nasdaq Capital Market Under the Symbol ZENA | 10/01/2024 |
2 | ZenaTech gets new technology chief | 10/07/2024 |
3 | ZenaTechs AI Drone Company Acquires Drone Design Patent From Former Parent Company | 10/24/2024 |
4 | ZenaTech Participates in Taiwan Trade Mission to Open First Asian Office for ZenaDrone AI Drone Sensor and Component Manufacturing | 11/07/2024 |
5 | ZenaTech to Execute Series of Acquisitions to Launch Drone-as-a-Service | 11/19/2024 |
6 | ZenaTech Stock Is Down 21 percent Whats Going On | 11/27/2024 |
About ZenaTech Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ZenaTech or other stocks. Alpha measures the amount that position in ZenaTech has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ZenaTech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ZenaTech's short interest history, or implied volatility extrapolated from ZenaTech options trading.
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Check out ZenaTech Backtesting, ZenaTech Valuation, ZenaTech Correlation, ZenaTech Hype Analysis, ZenaTech Volatility, ZenaTech History and analyze ZenaTech Performance. For information on how to trade ZenaTech Stock refer to our How to Trade ZenaTech Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
ZenaTech 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.