ZEN Financials
| ZEN Crypto | USD 8.45 0.25 3.05% |
ZEN |
Please note, the presentation of ZEN's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ZEN's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ZEN's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ZEN. Please utilize our Beneish M Score to check the likelihood of ZEN's management manipulating its earnings.
ZEN Crypto Summary
ZEN competes with Bitcoin, Dogecoin, Bitcoin Cash, Litecoin, and Ethereum Classic. Horizen is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | NYSE Composite |
| Currency | USD - US Dollar |
ZEN Systematic Risk
ZEN's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ZEN volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on ZEN correlated with the market. If Beta is less than 0 ZEN generally moves in the opposite direction as compared to the market. If ZEN Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ZEN is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ZEN is generally in the same direction as the market. If Beta > 1 ZEN moves generally in the same direction as, but more than the movement of the benchmark.
ZEN April 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ZEN help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ZEN. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZEN based on widely used predictive technical indicators. In general, we focus on analyzing ZEN Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZEN's daily price indicators and compare them against related drivers.
| Downside Deviation | 7.02 | |||
| Information Ratio | 0.0299 | |||
| Maximum Drawdown | 66.06 | |||
| Value At Risk | (12.79) | |||
| Potential Upside | 12.38 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEN. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.