ZTO EXPRESS (Germany) Market Value

ZTOB Stock  EUR 18.80  0.10  0.53%   
ZTO EXPRESS's market value is the price at which a share of ZTO EXPRESS trades on a public exchange. It measures the collective expectations of ZTO EXPRESS investors about its performance. ZTO EXPRESS is trading at 18.80 as of the 22nd of December 2024. This is a 0.53% down since the beginning of the trading day. The stock's lowest day price was 18.6.
With this module, you can estimate the performance of a buy and hold strategy of ZTO EXPRESS and determine expected loss or profit from investing in ZTO EXPRESS over a given investment horizon. Check out ZTO EXPRESS Correlation, ZTO EXPRESS Volatility and ZTO EXPRESS Alpha and Beta module to complement your research on ZTO EXPRESS.
For more detail on how to invest in ZTO Stock please use our How to Invest in ZTO EXPRESS guide.
Symbol

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

ZTO EXPRESS '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 ZTO EXPRESS'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 ZTO EXPRESS.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in ZTO EXPRESS on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding ZTO EXPRESS or generate 0.0% return on investment in ZTO EXPRESS over 720 days. ZTO EXPRESS is related to or competes with Kuehne Nagel, NIKKON HOLDINGS, SENKO GROUP, NTG Nordic, SINGAPORE POST, and SUPER GROUP. ZTO Express Inc. provides express delivery and other value-added logistics services in the Peoples Republic of China More

ZTO EXPRESS 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 ZTO EXPRESS'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 ZTO EXPRESS upside and downside potential and time the market with a certain degree of confidence.

ZTO EXPRESS Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ZTO EXPRESS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZTO EXPRESS's standard deviation. In reality, there are many statistical measures that can use ZTO EXPRESS historical prices to predict the future ZTO EXPRESS's volatility.
Hype
Prediction
LowEstimatedHigh
15.3418.8022.26
Details
Intrinsic
Valuation
LowRealHigh
13.2416.7020.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ZTO EXPRESS. Your research has to be compared to or analyzed against ZTO EXPRESS's peers to derive any actionable benefits. When done correctly, ZTO EXPRESS's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ZTO EXPRESS.

ZTO EXPRESS Backtested Returns

At this point, ZTO EXPRESS is not too volatile. ZTO EXPRESS shows Sharpe Ratio of 0.0077, which attests that the company had a 0.0077% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for ZTO EXPRESS, which you can use to evaluate the volatility of the company. Please check out ZTO EXPRESS's Risk Adjusted Performance of 0.0085, mean deviation of 2.4, and Downside Deviation of 3.51 to validate if the risk estimate we provide is consistent with the expected return of 0.0266%. The firm maintains a market beta of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ZTO EXPRESS are expected to decrease at a much lower rate. During the bear market, ZTO EXPRESS is likely to outperform the market. ZTO EXPRESS presently maintains a risk of 3.46%. Please check out ZTO EXPRESS maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if ZTO EXPRESS will be following its historical returns.

Auto-correlation

    
  -0.2  

Insignificant reverse predictability

ZTO EXPRESS has insignificant reverse predictability. Overlapping area represents the amount of predictability between ZTO EXPRESS time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 ZTO EXPRESS price movement. The serial correlation of -0.2 indicates that over 20.0% of current ZTO EXPRESS price fluctuation can be explain by its past prices.
Correlation Coefficient-0.2
Spearman Rank Test-0.42
Residual Average0.0
Price Variance4.83

ZTO EXPRESS lagged returns against current returns

Autocorrelation, which is ZTO EXPRESS 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 ZTO EXPRESS's stock expected returns. We can calculate the autocorrelation of ZTO EXPRESS returns to help us make a trade decision. For example, suppose you find that ZTO EXPRESS 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  

ZTO EXPRESS 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 ZTO EXPRESS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZTO EXPRESS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZTO EXPRESS stock over time.
   Current vs Lagged Prices   
       Timeline  

ZTO EXPRESS Lagged Returns

When evaluating ZTO EXPRESS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZTO EXPRESS stock have on its future price. ZTO EXPRESS 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, ZTO EXPRESS autocorrelation shows the relationship between ZTO EXPRESS stock current value and its past values and can show if there is a momentum factor associated with investing in ZTO EXPRESS.
   Regressed Prices   
       Timeline  

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Additional Information and Resources on Investing in ZTO Stock

When determining whether ZTO EXPRESS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZTO EXPRESS'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 Zto Express Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zto Express Stock:
Check out ZTO EXPRESS Correlation, ZTO EXPRESS Volatility and ZTO EXPRESS Alpha and Beta module to complement your research on ZTO EXPRESS.
For more detail on how to invest in ZTO Stock please use our How to Invest in ZTO EXPRESS guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
ZTO EXPRESS 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.
A focus of ZTO EXPRESS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ZTO EXPRESS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...