Zion Oil Gas Alpha and Beta Analysis
| ZNOGDelisted Stock | USD 0.07 0 2.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Zion Oil Gas. It also helps investors analyze the systematic and unsystematic risks associated with investing in Zion Oil over a specified time horizon. Remember, high Zion Oil'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 Zion Oil's market risk premium analysis include:
Beta (0.68) | Alpha (0.08) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Zion |
Zion Oil Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Zion Oil market risk premium is the additional return an investor will receive from holding Zion Oil 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 Zion Oil. 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 Zion Oil's performance over market.| α | -0.08 | β | -0.68 |
Zion Oil Fundamentals Vs Peers
Comparing Zion Oil's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Zion Oil's direct or indirect competition across all of the common fundamentals between Zion Oil and the related equities. This way, we can detect undervalued stocks with similar characteristics as Zion Oil or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Zion Oil's fundamental indicators could also be used in its relative valuation, which is a method of valuing Zion Oil by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Zion Oil to competition |
| Fundamentals | Zion Oil | Peer Average |
| Return On Equity | -0.15 | -0.31 |
| Return On Asset | -0.0853 | -0.14 |
| Current Valuation | 30.59 M | 16.62 B |
| Shares Outstanding | 514.58 M | 571.82 M |
| Shares Owned By Insiders | 7.32 % | 10.09 % |
| Number Of Shares Shorted | 3.64 M | 4.71 M |
| Price To Book | 0.49 X | 9.51 X |
Zion Oil Opportunities
Zion Oil Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Zion Oil 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 Zion or other otcs. Alpha measures the amount that position in Zion Oil Gas 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.
Zion Oil Upcoming Company Events
As portrayed in its financial statements, the presentation of Zion Oil's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zion Oil's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Zion Oil's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Zion Oil. Please utilize our Beneish M Score to check the likelihood of Zion Oil's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Zion Oil
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Zion OTC Stock
If you are still planning to invest in Zion Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Zion Oil's history and understand the potential risks before investing.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |