Zenith Capital Corp Stock Market Value
| ZHCLF Stock | USD 0.11 0.00 0.00% |
| Symbol | Zenith |
Zenith Capital '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 Zenith Capital's pink sheet 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 Zenith Capital.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Zenith Capital on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Zenith Capital Corp or generate 0.0% return on investment in Zenith Capital over 720 days. Zenith Capital is related to or competes with Adagene. Zenith Capital Corp., a biotechnology investment company, engages in the development of bromodomain inhibitors for the t... More
Zenith Capital 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 Zenith Capital's pink sheet 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 Zenith Capital Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 73.26 | |||
| Information Ratio | 0.153 | |||
| Maximum Drawdown | 699999.8 | |||
| Value At Risk | (98.56) | |||
| Potential Upside | 900.0 |
Zenith Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zenith Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zenith Capital's standard deviation. In reality, there are many statistical measures that can use Zenith Capital historical prices to predict the future Zenith Capital's volatility.| Risk Adjusted Performance | 0.1268 | |||
| Jensen Alpha | 15161.03 | |||
| Total Risk Alpha | 1535.97 | |||
| Sortino Ratio | 182.22 | |||
| Treynor Ratio | (0.76) |
Zenith Capital Corp Backtested Returns
Zenith Capital is out of control given 3 months investment horizon. Zenith Capital Corp shows Sharpe Ratio of 0.26, which attests that the company had a 0.26% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-five different technical indicators, which can help you to evaluate if expected returns of 66.48% are justified by taking the suggested risk. Use Zenith Capital Corp Market Risk Adjusted Performance of (0.75), mean deviation of 25444.06, and Downside Deviation of 73.26 to evaluate company specific risk that cannot be diversified away. Zenith Capital holds a performance score of 20 on a scale of zero to a hundred. The firm maintains a market beta of -17538.28, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Zenith Capital are expected to decrease by larger amounts. On the other hand, during market turmoil, Zenith Capital is expected to outperform it. Use Zenith Capital Corp value at risk, as well as the relationship between the expected short fall and day median price , to analyze future returns on Zenith Capital Corp.
Auto-correlation | 0.25 |
Poor predictability
Zenith Capital Corp has poor predictability. Overlapping area represents the amount of predictability between Zenith Capital time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 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 Zenith Capital Corp price movement. The serial correlation of 0.25 indicates that over 25.0% of current Zenith Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zenith Capital Corp lagged returns against current returns
Autocorrelation, which is Zenith Capital pink sheet'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 Zenith Capital's pink sheet expected returns. We can calculate the autocorrelation of Zenith Capital returns to help us make a trade decision. For example, suppose you find that Zenith Capital has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Zenith Capital 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 Zenith Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zenith Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zenith Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Zenith Capital Lagged Returns
When evaluating Zenith Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zenith Capital pink sheet have on its future price. Zenith Capital 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, Zenith Capital autocorrelation shows the relationship between Zenith Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Zenith Capital Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Zenith Pink Sheet
Zenith Capital financial ratios help investors to determine whether Zenith Pink Sheet 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 Zenith with respect to the benefits of owning Zenith Capital security.