Zenatech Stock Price on October 1, 2024
| ZENA Stock | 7.76 0.00 0.00% |
If you're considering investing in ZenaTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZenaTech stands at 7.76, as last reported on the 16th of December 2024, with the highest price reaching 7.76 and the lowest price hitting 6.50 during the day. ZenaTech is abnormally volatile given 3 months investment horizon. ZenaTech shows Sharpe Ratio of 0.0811, which attests that the company had a 0.0811% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.12% are justified by taking the suggested risk. Use ZenaTech Market Risk Adjusted Performance of 0.3704, mean deviation of 17.0, and Downside Deviation of 13.8 to evaluate company specific risk that cannot be diversified away.
At present, ZenaTech's Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.15, whereas Total Stockholder Equity is forecasted to decline to about 6 M. . ZenaTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZenaTech |
Sharpe Ratio = 0.0811
| Best Portfolio | Best Equity | |||
| Good Returns | ZENA | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 38.43 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.12 actual daily | 62 62% of assets have lower returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ZenaTech is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ZenaTech by adding it to a well-diversified portfolio.
Price Book 19.6945 | Enterprise Value Ebitda 2 K | Price Sales 69.6344 | Shares Float 8.2 M | Earnings Share (0.03) |
Related Headline
Sun Country Headline on 1st of October 2024
Disposition of 2193 shares by Jude Bricker of Sun Country at... by Jude Bricker
Filed transaction by Sun Country Airlines Director, Officer: Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
ZenaTech Valuation on October 1, 2024
It is possible to determine the worth of ZenaTech on a given historical date. On October 1, 2024 ZenaTech was worth 10.0 at the beginning of the trading date compared to the closed value of 8.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZenaTech stock. Still, in general, we apply an absolute valuation method to find ZenaTech's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ZenaTech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZenaTech's related companies.
| Open | High | Low | Close | Volume | |
10/01/2024 | 10.00 | 11.00 | 6.08 | 8.80 | 324,600 |
| 6.75 | 7.48 | 6.09 | 6.35 | 232,400 |
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ZenaTech Trading Date Momentum on October 1, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.ZenaTech Fundamentals Correlations and Trends
By evaluating ZenaTech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ZenaTech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZenaTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZenaTech Stock history
ZenaTech investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ZenaTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZenaTech will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ZenaTech stock prices may prove useful in developing a viable investing in ZenaTech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.9 M | 14.1 M |
ZenaTech Quarterly Net Working Capital |
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ZenaTech Stock Technical Analysis
ZenaTech technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ZenaTech Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
ZenaTech cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ZenaTech December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how ZenaTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZenaTech shares will generate the highest return on investment. By undertsting and applying ZenaTech stock market strength indicators, traders can identify ZenaTech entry and exit signals to maximize returns
ZenaTech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZenaTech's price direction in advance. Along with the technical and fundamental analysis of ZenaTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZenaTech to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0697 | |||
| Jensen Alpha | 2.42 | |||
| Total Risk Alpha | (1.64) | |||
| Sortino Ratio | 0.2273 | |||
| Treynor Ratio | 0.3604 |
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| Volume Indicators |
Complementary Tools for ZenaTech Stock analysis
When running ZenaTech's price analysis, check to measure ZenaTech'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 ZenaTech is operating at the current time. Most of ZenaTech's value examination focuses on studying past and present price action to predict the probability of ZenaTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZenaTech's price. Additionally, you may evaluate how the addition of ZenaTech to your portfolios can decrease your overall portfolio volatility.
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