Ziprecruiter Company Equity Multiplier from 2010 to 2024

ZIP Stock  USD 8.25  0.22  2.60%   
Ziprecruiter Company Equity Multiplier yearly trend continues to be relatively stable with very little volatility. Company Equity Multiplier is likely to grow to 82.78 this year. During the period from 2010 to 2024, Ziprecruiter Company Equity Multiplier destribution of quarterly values had r-value of  0.66 from its regression line and median of (0.96). View All Fundamentals
 
Company Equity Multiplier  
First Reported
2010-12-31
Previous Quarter
78.84040646
Current Value
82.78
Quarterly Volatility
28.9000435
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ziprecruiter financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ziprecruiter's main balance sheet or income statement drivers, such as Tax Provision of 23.2 M, Interest Income of 11.2 M or Depreciation And Amortization of 13.6 M, as well as many indicators such as Price To Sales Ratio of 4.2, Dividend Yield of 0.0 or PTB Ratio of 176. Ziprecruiter financial statements analysis is a perfect complement when working with Ziprecruiter Valuation or Volatility modules.
  
Check out the analysis of Ziprecruiter Correlation against competitors.
To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.

Latest Ziprecruiter's Company Equity Multiplier Growth Pattern

Below is the plot of the Company Equity Multiplier of Ziprecruiter over the last few years. It is Ziprecruiter's Company Equity Multiplier historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ziprecruiter's overall financial position and show how it may be relating to other accounts over time.
Company Equity Multiplier10 Years Trend
Slightly volatile
   Company Equity Multiplier   
       Timeline  

Ziprecruiter Company Equity Multiplier Regression Statistics

Arithmetic Mean11.63
Coefficient Of Variation248.51
Mean Deviation20.23
Median(0.96)
Standard Deviation28.90
Sample Variance835.21
Range86.9976
R-Value0.66
Mean Square Error506.79
R-Squared0.44
Significance0.01
Slope4.27
Total Sum of Squares11,693

Ziprecruiter Company Equity Multiplier History

2024 82.78
2023 78.84
2022 24.97
2021 1.7
2020 -4.22

About Ziprecruiter Financial Statements

Ziprecruiter shareholders use historical fundamental indicators, such as Company Equity Multiplier, to determine how well the company is positioned to perform in the future. Although Ziprecruiter investors may analyze each financial statement separately, they are all interrelated. The changes in Ziprecruiter's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ziprecruiter's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Company Equity Multiplier 78.84  82.78 

Pair Trading with Ziprecruiter

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 Ziprecruiter 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 Ziprecruiter will appreciate offsetting losses from the drop in the long position's value.

Moving against Ziprecruiter Stock

  0.35KT KT CorporationPairCorr
The ability to find closely correlated positions to Ziprecruiter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ziprecruiter 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 Ziprecruiter - 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 Ziprecruiter to buy it.
The correlation of Ziprecruiter 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 Ziprecruiter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ziprecruiter 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 Ziprecruiter 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.
Pair CorrelationCorrelation Matching

Additional Tools for Ziprecruiter Stock Analysis

When running Ziprecruiter's price analysis, check to measure Ziprecruiter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ziprecruiter is operating at the current time. Most of Ziprecruiter's value examination focuses on studying past and present price action to predict the probability of Ziprecruiter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ziprecruiter's price. Additionally, you may evaluate how the addition of Ziprecruiter to your portfolios can decrease your overall portfolio volatility.