Zions Bancorporation Stock Probability of Future Stock Price Finishing Under 30.18
| ZION Stock | USD 54.68 0.67 1.21% |
Zions |
Zions Bancorporation Target Price Odds to finish below 30.18
The tendency of Zions Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 30.18 or more in 90 days |
| 54.68 | 90 days | 30.18 | near 1 |
Based on a normal probability distribution, the odds of Zions Bancorporation to drop to $ 30.18 or more in 90 days from now is near 1 (This Zions Bancorporation probability density function shows the probability of Zions Stock to fall within a particular range of prices over 90 days) . Probability of Zions Bancorporation price to stay between $ 30.18 and its current price of $54.68 at the end of the 90-day period is about 54.62 .
Given the investment horizon of 90 days Zions Bancorporation has a beta of -0.0204. This usually means as returns on the benchmark increase, returns on holding Zions Bancorporation are expected to decrease at a much lower rate. During a bear market, however, Zions Bancorporation is likely to outperform the market. Additionally Zions Bancorporation has an alpha of 0.309, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zions Bancorporation Price Density |
| Price |
Predictive Modules for Zions Bancorporation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zions Bancorporation. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Zions Bancorporation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zions Bancorporation is not an exception. The market had few large corrections towards the Zions Bancorporation's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Zions Bancorporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zions Bancorporation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 5.06 | |
Ir | Information ratio | 0.11 |
Zions Bancorporation Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Zions Bancorporation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zions Bancorporation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 77.0% of the company outstanding shares are owned by institutional investors | |
| On 21st of November 2024 Zions Bancorporation paid $ 0.43 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Sell Scott Mclean Sells Shares of Zions Bancorp NA |
Zions Bancorporation Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Zions Stock often depends not only on the future outlook of the current and potential Zions Bancorporation's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Zions Bancorporation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 147.8 M | |
| Cash And Short Term Investments | 662 M |
Zions Bancorporation Technical Analysis
Zions Bancorporation's future price can be derived by breaking down and analyzing its technical indicators over time. Zions Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zions Bancorporation. In general, you should focus on analyzing Zions Stock price patterns and their correlations with different microeconomic environments and drivers.
Zions Bancorporation Predictive Forecast Models
Zions Bancorporation's time-series forecasting models is one of many Zions Bancorporation's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Zions Bancorporation's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Zions Bancorporation
Checking the ongoing alerts about Zions Bancorporation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zions Bancorporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 77.0% of the company outstanding shares are owned by institutional investors | |
| On 21st of November 2024 Zions Bancorporation paid $ 0.43 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Sell Scott Mclean Sells Shares of Zions Bancorp NA |
Check out Zions Bancorporation Backtesting, Zions Bancorporation Valuation, Zions Bancorporation Correlation, Zions Bancorporation Hype Analysis, Zions Bancorporation Volatility, Zions Bancorporation History as well as Zions Bancorporation Performance. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Regional Banks 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.212 | Dividend Share 1.64 | Earnings Share 4.39 | Revenue Per Share 20.433 | Quarterly Revenue Growth 0.076 |
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.