Zai Lab Stock Price on November 23, 2018
| ZLAB Stock | USD 14.20 0.11 0.77% |
Below is the normalized historical share price chart for Zai Lab extending back to September 20, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zai Lab stands at 14.20, as last reported on the 16th of April 2024, with the highest price reaching 14.50 and the lowest price hitting 14.04 during the day.
If you're considering investing in Zai Stock, it is important to understand the factors that can impact its price. Zai Lab shows Sharpe Ratio of -0.2, which attests that the company had a -0.2% return per unit of risk over the last 3 months. Zai Lab exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zai Lab's Standard Deviation of 3.62, market risk adjusted performance of (0.41), and Mean Deviation of 2.77 to validate the risk estimate we provide.
The current year's Stock Based Compensation is expected to grow to about 83.6 M, whereas Total Stockholder Equity is forecasted to decline to about 623.6 M. . At present, Zai Lab's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.27, whereas Price To Sales Ratio is forecasted to decline to 9.41. Zai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of September 2017 | 200 Day MA 24.3091 | 50 Day MA 18.6053 | Beta 1.119 |
Zai |
Sharpe Ratio = -0.1978
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| Negative Returns | ZLAB |
Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.72 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zai Lab is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zai Lab by adding Zai Lab to a well-diversified portfolio.
Price Book 1.7845 | Enterprise Value Ebitda (1.83) | Price Sales 5.4727 | Shares Float 887.8 M | Wall Street Target Price 55.45 |
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.
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| LINK | Chainlink |
About Zai Lab Stock history
Zai Lab investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Zai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zai Lab will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Zai Lab stock prices may prove useful in developing a viable investing in Zai Lab
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 96.6 M | 76.3 M | |
| Net Loss | -399 M | -379 M |
Zai Lab Quarterly Net Working Capital |
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Zai Lab Stock Technical Analysis
Zai Lab 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.
Price Boundaries
Zai Lab Period Price Range
Zai Lab April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Zai Lab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zai Lab shares will generate the highest return on investment. By undertsting and applying Zai Lab stock market strength indicators, traders can identify Zai Lab entry and exit signals to maximize returns
Zai Lab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zai Lab's price direction in advance. Along with the technical and fundamental analysis of Zai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zai to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | (0.42) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.Note that the Zai Lab information on this page should be used as a complementary analysis to other Zai Lab's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Zai Stock analysis
When running Zai Lab's price analysis, check to measure Zai Lab'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 Zai Lab is operating at the current time. Most of Zai Lab's value examination focuses on studying past and present price action to predict the probability of Zai Lab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zai Lab's price. Additionally, you may evaluate how the addition of Zai Lab to your portfolios can decrease your overall portfolio volatility.
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Is Zai Lab'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 Zai Lab. If investors know Zai 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 Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.50) | Revenue Per Share 2.76 | Quarterly Revenue Growth 0.052 | Return On Assets (0.21) | Return On Equity (0.36) |
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab'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 Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab'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 Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab'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.