Zura Bio Limited Stock Market Value
| ZURA Stock | 3.00 0.01 0.33% |
| Symbol | Zura |
Zura Bio Limited Price To Book Ratio
Is Biotechnology 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 Zura Bio. If investors know Zura 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 Zura Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.57 | Return On Assets (0.21) | Return On Equity (0.37) |
The market value of Zura Bio Limited is measured differently than its book value, which is the value of Zura that is recorded on the company's balance sheet. Investors also form their own opinion of Zura Bio's value that differs from its market value or its book value, called intrinsic value, which is Zura Bio'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 Zura Bio's market value can be influenced by many factors that don't directly affect Zura Bio'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 Zura Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zura Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zura Bio'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.
Zura Bio '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 Zura Bio'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 Zura Bio.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Zura Bio on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Zura Bio Limited or generate 0.0% return on investment in Zura Bio over 720 days. Zura Bio is related to or competes with Vestis, Mills Music, Zoom Video, Herc Holdings, Primoris Services, CECO Environmental, and MYR. Zura Bio is entity of United States. It is traded as Stock on NASDAQ exchange. More
Zura Bio 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 Zura Bio'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 Zura Bio Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 26.7 | |||
| Value At Risk | (7.94) | |||
| Potential Upside | 7.95 |
Zura Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zura Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zura Bio's standard deviation. In reality, there are many statistical measures that can use Zura Bio historical prices to predict the future Zura Bio's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.12) | |||
| Treynor Ratio | (0.15) |
Zura Bio Limited Backtested Returns
Zura Bio Limited shows Sharpe Ratio of -0.073, which attests that the company had a -0.073% return per unit of risk over the last 3 months. Zura Bio Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zura Bio's Standard Deviation of 5.06, mean deviation of 3.89, and Market Risk Adjusted Performance of (0.14) to validate the risk estimate we provide. The firm maintains a market beta of 2.13, 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, Zura Bio will likely underperform. At this point, Zura Bio Limited has a negative expected return of -0.37%. Please make sure to check out Zura Bio's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Zura Bio Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Zura Bio Limited has very weak predictability. Overlapping area represents the amount of predictability between Zura Bio time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Zura Bio Limited price movement. The serial correlation of 0.17 indicates that over 17.0% of current Zura Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Zura Bio Limited lagged returns against current returns
Autocorrelation, which is Zura Bio 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 Zura Bio's stock expected returns. We can calculate the autocorrelation of Zura Bio returns to help us make a trade decision. For example, suppose you find that Zura Bio 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 |
Zura Bio 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 Zura Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zura Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zura Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Zura Bio Lagged Returns
When evaluating Zura Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zura Bio stock have on its future price. Zura Bio 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, Zura Bio autocorrelation shows the relationship between Zura Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Zura Bio Limited.
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 Zura Bio Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zura Bio'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 Zura Bio Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zura Bio Limited Stock:Check out Zura Bio Correlation, Zura Bio Volatility and Zura Bio Alpha and Beta module to complement your research on Zura Bio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Zura Bio 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.