Zeta Global Holdings Stock Market Value
| ZETA Stock | USD 23.93 0.08 0.33% |
| Symbol | Zeta |
Zeta Global Holdings Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zeta Global. If investors know Zeta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zeta Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.68) | Revenue Per Share 5.143 | Quarterly Revenue Growth 0.42 | Return On Assets (0.09) | Return On Equity (0.39) |
The market value of Zeta Global Holdings is measured differently than its book value, which is the value of Zeta that is recorded on the company's balance sheet. Investors also form their own opinion of Zeta Global's value that differs from its market value or its book value, called intrinsic value, which is Zeta Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zeta Global's market value can be influenced by many factors that don't directly affect Zeta Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zeta Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zeta Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zeta Global'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.
Zeta Global '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 Zeta Global'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 Zeta Global.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Zeta Global on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Zeta Global Holdings or generate 0.0% return on investment in Zeta Global over 30 days. Zeta Global is related to or competes with Nutanix, Palo Alto, GigaCloud Technology, Pagaya Technologies, Telos Corp, Cemtrex, and Uipath. Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer in... More
Zeta Global 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 Zeta Global'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 Zeta Global Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.48 | |||
| Information Ratio | 0.003 | |||
| Maximum Drawdown | 46.89 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 9.82 |
Zeta Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zeta Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zeta Global's standard deviation. In reality, there are many statistical measures that can use Zeta Global historical prices to predict the future Zeta Global's volatility.| Risk Adjusted Performance | 0.0235 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.83) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | 0.0599 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zeta Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zeta Global Holdings Backtested Returns
At this point, Zeta Global is somewhat reliable. Zeta Global Holdings shows Sharpe Ratio of 0.0151, which attests that the company had a 0.0151% return per unit of risk over the last 3 months. We have found thirty technical indicators for Zeta Global Holdings, which you can use to evaluate the volatility of the company. Please check out Zeta Global's Downside Deviation of 9.48, market risk adjusted performance of 0.0699, and Mean Deviation of 4.24 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Zeta Global has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 2.07, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Zeta Global will likely underperform. Zeta Global Holdings right now maintains a risk of 7.05%. Please check out Zeta Global Holdings kurtosis, and the relationship between the downside variance and day median price , to decide if Zeta Global Holdings will be following its historical returns.
Auto-correlation | -0.63 |
Very good reverse predictability
Zeta Global Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Zeta Global time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Zeta Global Holdings price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Zeta Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.88 |
Zeta Global Holdings lagged returns against current returns
Autocorrelation, which is Zeta Global 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 Zeta Global's stock expected returns. We can calculate the autocorrelation of Zeta Global returns to help us make a trade decision. For example, suppose you find that Zeta Global 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 |
Zeta Global 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 Zeta Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zeta Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zeta Global stock over time.
Current vs Lagged Prices |
| Timeline |
Zeta Global Lagged Returns
When evaluating Zeta Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zeta Global stock have on its future price. Zeta Global 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, Zeta Global autocorrelation shows the relationship between Zeta Global stock current value and its past values and can show if there is a momentum factor associated with investing in Zeta Global Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Zeta Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zeta Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zeta Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zeta Global Holdings Stock:Check out Zeta Global Correlation, Zeta Global Volatility and Zeta Global Alpha and Beta module to complement your research on Zeta Global. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Zeta Global 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.