Zions Financial Statements From 2010 to 2024
| ZIONO Preferred Stock | USD 25.01 0.03 0.12% |
Check Zions Bancorporation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zions Bancorporation's main balance sheet or income statement drivers, such as , as well as many indicators such as . Zions financial statements analysis is a perfect complement when working with Zions Bancorporation Valuation or Volatility modules.
Zions |
About Zions Bancorporation Financial Statements
Zions Bancorporation investors utilize fundamental indicators, such as revenue or net income, to predict how Zions Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Zions Bancorporation, National Association provides various banking and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah. Zions Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 9920 people.
Pair Trading with Zions Bancorporation
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 Zions Bancorporation 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 Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.Moving against Zions Preferred Stock
| 0.55 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.52 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.52 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.49 | AX | Axos Financial | PairCorr |
| 0.49 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation 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 Zions Bancorporation - 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 Zions Bancorporation National to buy it.
The correlation of Zions Bancorporation 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 Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation 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 Zions Bancorporation 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.Other Information on Investing in Zions Preferred Stock
Zions Bancorporation financial ratios help investors to determine whether Zions Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zions with respect to the benefits of owning Zions Bancorporation security.