Zions Bancorporation Stock Market Value

ZION Stock  USD 43.40  0.25  0.58%   
Zions Bancorporation's market value is the price at which a share of Zions Bancorporation trades on a public exchange. It measures the collective expectations of Zions Bancorporation investors about its performance. Zions Bancorporation is selling at 43.40 as of the 29th of March 2024; that is 0.58% increase since the beginning of the trading day. The stock's open price was 43.15.
With this module, you can estimate the performance of a buy and hold strategy of Zions Bancorporation and determine expected loss or profit from investing in Zions Bancorporation over a given investment horizon. Check out Zions Bancorporation Correlation, Zions Bancorporation Volatility and Zions Bancorporation Alpha and Beta module to complement your research on Zions Bancorporation.
To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.
Symbol

Zions Bancorporation Price To Book Ratio

Is Zions Bancorporation's industry 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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
(0.57)
Dividend Share
1.64
Earnings Share
4.35
Revenue Per Share
20.19
Quarterly Revenue Growth
(0.12)
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.

Zions Bancorporation '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 Zions Bancorporation'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 Zions Bancorporation.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Zions Bancorporation on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Zions Bancorporation or generate 0.0% return on investment in Zions Bancorporation over 720 days. Zions Bancorporation is related to or competes with Regions Financial, and Regions Financial. Zions Bancorporation, National Association provides various banking and related services primarily in the states of Ariz... More

Zions Bancorporation 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 Zions Bancorporation'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 Zions Bancorporation upside and downside potential and time the market with a certain degree of confidence.

Zions Bancorporation Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zions Bancorporation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zions Bancorporation's standard deviation. In reality, there are many statistical measures that can use Zions Bancorporation historical prices to predict the future Zions Bancorporation's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zions Bancorporation'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.
Hype
Prediction
LowEstimatedHigh
41.0143.4045.79
Details
Intrinsic
Valuation
LowRealHigh
39.1041.4943.88
Details
Naive
Forecast
LowNextHigh
40.2242.6044.99
Details
24 Analysts
Consensus
LowTargetHigh
34.3437.7441.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zions Bancorporation. Your research has to be compared to or analyzed against Zions Bancorporation's peers to derive any actionable benefits. When done correctly, Zions Bancorporation'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 Zions Bancorporation.

Zions Bancorporation Backtested Returns

We consider Zions Bancorporation very steady. Zions Bancorporation shows Sharpe Ratio of 0.0075, which attests that the company had a 0.0075% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zions Bancorporation, which you can use to evaluate the volatility of the company. Please check out Zions Bancorporation's Market Risk Adjusted Performance of 0.0164, mean deviation of 1.79, and Downside Deviation of 2.52 to validate if the risk estimate we provide is consistent with the expected return of 0.018%. The firm maintains a market beta of 1.9, 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, Zions Bancorporation will likely underperform. Zions Bancorporation right now maintains a risk of 2.4%. Please check out Zions Bancorporation potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Zions Bancorporation will be following its historical returns.

Auto-correlation

    
  -0.4  

Poor reverse predictability

Zions Bancorporation has poor reverse predictability. Overlapping area represents the amount of predictability between Zions Bancorporation time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 Zions Bancorporation price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Zions Bancorporation price fluctuation can be explain by its past prices.
Correlation Coefficient-0.4
Spearman Rank Test-0.5
Residual Average0.0
Price Variance35.33

Zions Bancorporation lagged returns against current returns

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

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

Zions Bancorporation Lagged Returns

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

Zions Bancorporation Investors Sentiment

The influence of Zions Bancorporation's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Zions. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Zions Bancorporation's public news can be used to forecast risks associated with an investment in Zions. The trend in average sentiment can be used to explain how an investor holding Zions can time the market purely based on public headlines and social activities around Zions Bancorporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zions Bancorporation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Zions Bancorporation's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Zions Bancorporation's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Zions Bancorporation.

Zions Bancorporation Implied Volatility

    
  32.72  
Zions Bancorporation's implied volatility exposes the market's sentiment of Zions Bancorporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zions Bancorporation's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Zions Bancorporation stock will not fluctuate a lot when Zions Bancorporation's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Zions Bancorporation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Zions Bancorporation's short interest history, or implied volatility extrapolated from Zions Bancorporation options trading.

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 Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation'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 Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:
Check out Zions Bancorporation Correlation, Zions Bancorporation Volatility and Zions Bancorporation Alpha and Beta module to complement your research on Zions Bancorporation.
To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Zions Stock analysis

When running Zions Bancorporation's price analysis, check to measure Zions Bancorporation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zions Bancorporation is operating at the current time. Most of Zions Bancorporation's value examination focuses on studying past and present price action to predict the probability of Zions Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zions Bancorporation's price. Additionally, you may evaluate how the addition of Zions Bancorporation to your portfolios can decrease your overall portfolio volatility.
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Zions Bancorporation 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 Zions Bancorporation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zions Bancorporation 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...