Zion Average Equity from 2010 to 2024

ZNOGDelisted Stock  USD 0.08  0.01  14.29%   
Zion Oil Average Equity is increasing over the last several years with slightly volatile swings. Average Equity is estimated to finish at about 69.5 M this year. During the period from 2010 to 2024 Zion Oil Gas Average Equity regressed destribution of quarterly values had coefficient of variationof 76.24 and r-squared of  0.57. At this time, Zion Oil's Weighted Average Shares is most likely to increase significantly in the upcoming years. The Zion Oil's current Weighted Average Shares Diluted is estimated to increase to about 581.5 M, while Earning Before Interest and Taxes EBIT is projected to decrease to (50.8 M).
Check Zion Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zion main balance sheet or income statement drivers, such as Interest Expense of 40.1 K, Operating Expenses of 64.3 M or Selling General and Administrative Expense of 6.9 M, as well as many exotic indicators such as Book Value per Share of 0.0453, Current Ratio of 1.08 or Debt to Equity Ratio of 0.33. Zion financial statements analysis is a perfect complement when working with Zion Oil Valuation or Volatility modules.
  
This module can also supplement various Zion Oil Technical models . Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any OTC Stock could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Zion Average Equity Breakdown

Showing smoothed Average Equity of Zion Oil Gas with missing and latest data points interpolated. Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity Attributable to Parent. Zion Oil's Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zion Oil's overall financial position and show how it may be relating to other accounts over time.
Average Equity10 Years Trend
Slightly volatile
   Average Equity   
       Timeline  

Zion Average Equity Regression Statistics

Arithmetic Mean27,690,828
Geometric Mean21,419,788
Coefficient Of Variation76.24
Mean Deviation17,050,337
Median19,831,500
Standard Deviation21,111,532
Range61,468,382
R-Value0.76
R-Squared0.57
Significance0
Slope3,572,696

Zion Average Equity History

202469.5 M
202364.4 M
202256 M
202148.3 M
202028.1 M
2019M
201823.1 M
201716 M
2016M
20158.5 M
201410.7 M

Other Fundumenentals of Zion Oil Gas

Zion Oil Average Equity component correlations

About Zion Oil Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Zion Oil income statement, its balance sheet, and the statement of cash flows. Zion Oil investors use historical funamental indicators, such as Zion Oil's Average Equity, to determine how well the company is positioned to perform in the future. Although Zion Oil investors may use each financial statement separately, they are all related. The changes in Zion Oil's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zion Oil's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Zion Oil Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Zion Oil. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return on Average Equity(1.13)(1.22)
Average Assets68.9 M74.4 M
Average Equity64.4 M69.5 M
Invested Capital Average59.3 M64 M
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 Zion Oil 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, Zion Oil's short interest history, or implied volatility extrapolated from Zion Oil 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.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any OTC Stock could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Consideration for investing in Zion OTC Stock

If you are still planning to invest in Zion Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Zion Oil's history and understand the potential risks before investing.
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