ZenaTechs ZenaDrone Team Begins US Flight Testing of ZenaDrone 1000 in the Arizona Desert
| ZENA Stock | 7.76 0.00 0.00% |
About 54% of ZenaTech's investors are presently thinking to get in. The analysis of overall sentiment of trading ZenaTech stock suggests that some investors are interested at this time. The current market sentiment, together with ZenaTech's historical and current headlines, can help investors time the market. In addition, many technical investors use ZenaTech stock news signals to limit their universe of possible portfolio assets.
ZenaTech |
ZenaTech Inc. Zenadrone 1000, multifunction drone in flight TORONTO, Oct. 17, 2024 -- ZenaTech, Inc. , a technology company specializing in AI drone solutions and enterprise SaaS solutions, announces that its subsidiary, ZenaDrone, has begun the first US flight testing of the ZenaDrone 1000 drone including new hardware and software configurations in the desert near Phoenix, Arizona. The company has also
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ZenaTech Fundamental Analysis
We analyze ZenaTech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZenaTech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZenaTech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
ZenaTech is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
ZenaTech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ZenaTech stock to make a market-neutral strategy. Peer analysis of ZenaTech could also be used in its relative valuation, which is a method of valuing ZenaTech by comparing valuation metrics with similar companies.
Peers
ZenaTech Related Equities
| VRRM | Verra Mobility | 1.30 | ||||
| PLNT | Planet Fitness | 0.11 | ||||
| PRKS | United Parks | 0.00 | ||||
| GZITF | Yuexiu Transport | 0.00 | ||||
| SNCY | Sun Country | 0.00 | ||||
| FNKO | Funko | 0.51 | ||||
| HAS | Hasbro | 1.38 | ||||
| APOG | Apogee Enterprises | 2.22 |
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