ZINZINO AB (Germany) Market Value

9EE Stock  EUR 7.45  0.06  0.80%   
ZINZINO AB's market value is the price at which a share of ZINZINO AB trades on a public exchange. It measures the collective expectations of ZINZINO AB B investors about its performance. ZINZINO AB is trading at 7.45 as of the 11th of December 2024. This is a 0.8 percent decrease since the beginning of the trading day. The stock's lowest day price was 7.45.
With this module, you can estimate the performance of a buy and hold strategy of ZINZINO AB B and determine expected loss or profit from investing in ZINZINO AB over a given investment horizon. Check out ZINZINO AB Correlation, ZINZINO AB Volatility and ZINZINO AB Alpha and Beta module to complement your research on ZINZINO AB.
Symbol

Please note, there is a significant difference between ZINZINO AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZINZINO AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZINZINO AB'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.

ZINZINO AB 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ZINZINO AB's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ZINZINO AB.
0.00
11/11/2024
No Change 0.00  0.0 
In 30 days
12/11/2024
0.00
If you would invest  0.00  in ZINZINO AB on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding ZINZINO AB B or generate 0.0% return on investment in ZINZINO AB over 30 days. ZINZINO AB is related to or competes with MCEWEN MINING, COLUMBIA SPORTSWEAR, Jacquet Metal, USWE SPORTS, Air Transport, IMPERIAL TOBACCO, and Scandinavian Tobacco. Zinzino AB , a direct sales company, engages in the sale of coffee, coffee machines, and accessories and research, devel... More

ZINZINO AB Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ZINZINO AB's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ZINZINO AB B upside and downside potential and time the market with a certain degree of confidence.

ZINZINO AB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ZINZINO AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZINZINO AB's standard deviation. In reality, there are many statistical measures that can use ZINZINO AB historical prices to predict the future ZINZINO AB's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.003.31
Details
Intrinsic
Valuation
LowRealHigh
0.000.003.31
Details
Naive
Forecast
LowNextHigh
4.417.7211.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.967.778.57
Details

ZINZINO AB B Backtested Returns

At this point, ZINZINO AB is out of control. ZINZINO AB B shows Sharpe Ratio of 0.0502, which attests that the company had a 0.0502% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for ZINZINO AB B, which you can use to evaluate the volatility of the company. Please check out ZINZINO AB's Mean Deviation of 2.35, risk adjusted performance of 0.0517, and Downside Deviation of 3.61 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. ZINZINO AB has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of 0.89, which attests to possible diversification benefits within a given portfolio. ZINZINO AB returns are very sensitive to returns on the market. As the market goes up or down, ZINZINO AB is expected to follow. ZINZINO AB B presently maintains a risk of 3.31%. Please check out ZINZINO AB B downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if ZINZINO AB B will be following its historical returns.

Auto-correlation

    
  -0.5  

Modest reverse predictability

ZINZINO AB B has modest reverse predictability. Overlapping area represents the amount of predictability between ZINZINO AB time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ZINZINO AB B price movement. The serial correlation of -0.5 indicates that about 50.0% of current ZINZINO AB price fluctuation can be explain by its past prices.
Correlation Coefficient-0.5
Spearman Rank Test0.22
Residual Average0.0
Price Variance0.01

ZINZINO AB B lagged returns against current returns

Autocorrelation, which is ZINZINO AB stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ZINZINO AB's stock expected returns. We can calculate the autocorrelation of ZINZINO AB returns to help us make a trade decision. For example, suppose you find that ZINZINO AB has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

ZINZINO AB regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ZINZINO AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZINZINO AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZINZINO AB stock over time.
   Current vs Lagged Prices   
       Timeline  

ZINZINO AB Lagged Returns

When evaluating ZINZINO AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZINZINO AB stock have on its future price. ZINZINO AB autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ZINZINO AB autocorrelation shows the relationship between ZINZINO AB stock current value and its past values and can show if there is a momentum factor associated with investing in ZINZINO AB B.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in ZINZINO Stock

ZINZINO AB financial ratios help investors to determine whether ZINZINO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ZINZINO with respect to the benefits of owning ZINZINO AB security.