Zoom Video Communications Stock Market Value
| ZM Stock | USD 85.36 1.95 2.34% |
| Symbol | Zoom |
Zoom Video Communications 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 Zoom Video. If investors know Zoom 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 Zoom Video listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.173 | Earnings Share 3.01 | Revenue Per Share 14.962 | Quarterly Revenue Growth 0.021 | Return On Assets 0.0478 |
The market value of Zoom Video Communications is measured differently than its book value, which is the value of Zoom that is recorded on the company's balance sheet. Investors also form their own opinion of Zoom Video's value that differs from its market value or its book value, called intrinsic value, which is Zoom Video'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 Zoom Video's market value can be influenced by many factors that don't directly affect Zoom Video'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 Zoom Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoom Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoom Video'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.
Zoom Video '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 Zoom Video'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 Zoom Video.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Zoom Video on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Zoom Video Communications or generate 0.0% return on investment in Zoom Video over 30 days. Zoom Video is related to or competes with Marin Software, EzFill Holdings, Trust Stamp, Infobird, Versus Systems, MMTEC, and Baijiayun. Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the ... More
Zoom Video 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 Zoom Video'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 Zoom Video Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0641 | |||
| Maximum Drawdown | 7.89 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.97 |
Zoom Video Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zoom Video's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zoom Video's standard deviation. In reality, there are many statistical measures that can use Zoom Video historical prices to predict the future Zoom Video's volatility.| Risk Adjusted Performance | 0.1057 | |||
| Jensen Alpha | 0.1297 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0616 | |||
| Treynor Ratio | 0.2539 |
Zoom Video Communications Backtested Returns
Zoom Video appears to be very steady, given 3 months investment horizon. Zoom Video Communications shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zoom Video Communications, which you can use to evaluate the volatility of the company. Please utilize Zoom Video's Market Risk Adjusted Performance of 0.2639, mean deviation of 1.46, and Downside Deviation of 2.05 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zoom Video holds a performance score of 14. The firm maintains a market beta of 0.97, which attests to possible diversification benefits within a given portfolio. Zoom Video returns are very sensitive to returns on the market. As the market goes up or down, Zoom Video is expected to follow. Please check Zoom Video's downside variance, as well as the relationship between the daily balance of power and relative strength index , to make a quick decision on whether Zoom Video's historical returns will revert.
Auto-correlation | 0.52 |
Modest predictability
Zoom Video Communications has modest predictability. Overlapping area represents the amount of predictability between Zoom Video time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Zoom Video Communications price movement. The serial correlation of 0.52 indicates that about 52.0% of current Zoom Video price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 11.03 |
Zoom Video Communications lagged returns against current returns
Autocorrelation, which is Zoom Video 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 Zoom Video's stock expected returns. We can calculate the autocorrelation of Zoom Video returns to help us make a trade decision. For example, suppose you find that Zoom Video 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 |
Zoom Video 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 Zoom Video stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zoom Video stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zoom Video stock over time.
Current vs Lagged Prices |
| Timeline |
Zoom Video Lagged Returns
When evaluating Zoom Video's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zoom Video stock have on its future price. Zoom Video 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, Zoom Video autocorrelation shows the relationship between Zoom Video stock current value and its past values and can show if there is a momentum factor associated with investing in Zoom Video Communications.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Zoom Video Correlation, Zoom Video Volatility and Zoom Video Alpha and Beta module to complement your research on Zoom Video. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Zoom Video 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.