Zooz Power Ltd Stock Probability of Future Stock Price Finishing Under 2.08
| ZOOZ Stock | 2.82 0.07 2.55% |
ZOOZ |
ZOOZ Power Target Price Odds to finish below 2.08
The tendency of ZOOZ 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 2.08 or more in 90 days |
| 2.82 | 90 days | 2.08 | about 5.87 |
Based on a normal probability distribution, the odds of ZOOZ Power to drop to 2.08 or more in 90 days from now is about 5.87 (This ZOOZ Power Ltd probability density function shows the probability of ZOOZ Stock to fall within a particular range of prices over 90 days) . Probability of ZOOZ Power price to stay between 2.08 and its current price of 2.82 at the end of the 90-day period is about 71.42 .
Given the investment horizon of 90 days ZOOZ Power has a beta of 0.7. This usually means as returns on the market go up, ZOOZ Power average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZOOZ Power Ltd will be expected to be much smaller as well. Additionally ZOOZ Power Ltd has an alpha of 0.7466, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ZOOZ Power Price Density |
| Price |
Predictive Modules for ZOOZ Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZOOZ Power. 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.ZOOZ Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZOOZ Power is not an exception. The market had few large corrections towards the ZOOZ Power'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 ZOOZ Power Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZOOZ Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | 0.18 |
ZOOZ Power 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 ZOOZ Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZOOZ Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZOOZ Power appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 776.01 K. Net Loss for the year was (11.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ZOOZ Power generates negative cash flow from operations | |
| ZOOZ Power has a poor financial position based on the latest SEC disclosures | |
| About 47.0% of the company outstanding shares are owned by insiders |
ZOOZ Power 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 ZOOZ Stock often depends not only on the future outlook of the current and potential ZOOZ Power'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. ZOOZ Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.9 M | |
| Cash And Short Term Investments | 6.7 M |
ZOOZ Power Technical Analysis
ZOOZ Power's future price can be derived by breaking down and analyzing its technical indicators over time. ZOOZ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZOOZ Power Ltd. In general, you should focus on analyzing ZOOZ Stock price patterns and their correlations with different microeconomic environments and drivers.
ZOOZ Power Predictive Forecast Models
ZOOZ Power's time-series forecasting models is one of many ZOOZ Power'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 ZOOZ Power'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 ZOOZ Power
Checking the ongoing alerts about ZOOZ Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZOOZ Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZOOZ Power appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 776.01 K. Net Loss for the year was (11.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ZOOZ Power generates negative cash flow from operations | |
| ZOOZ Power has a poor financial position based on the latest SEC disclosures | |
| About 47.0% of the company outstanding shares are owned by insiders |
Additional Tools for ZOOZ Stock Analysis
When running ZOOZ Power's price analysis, check to measure ZOOZ Power'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 ZOOZ Power is operating at the current time. Most of ZOOZ Power's value examination focuses on studying past and present price action to predict the probability of ZOOZ Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZOOZ Power's price. Additionally, you may evaluate how the addition of ZOOZ Power to your portfolios can decrease your overall portfolio volatility.