ZGEN Financials
| ZGEN Etf | USD 19.92 0.05 0.25% |
ZGEN |
The data published in ZGEN's official financial statements usually reflect ZGEN's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ZGEN. For example, before you start analyzing numbers published by ZGEN accountants, it's critical to develop an understanding of what ZGEN's liquidity, profitability, and earnings quality are in the context of the Genz ETF space in which it operates.
Please note, the presentation of ZGEN'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, ZGEN's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ZGEN's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ZGEN. Please utilize our Beneish M Score to check the likelihood of ZGEN's management manipulating its earnings.
ZGEN Etf Summary
ZGEN competes with Zillow Group, Northern Lights, VanEck Vectors, Freedom Day, and SSGA Active. The fund is an actively managed ETF that will invest its assets in U.S. Generation is traded on NASDAQ Exchange in the United States.You should never invest in ZGEN without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ZGEN Etf, because this is throwing your money away. Analyzing the key information contained in ZGEN's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ZGEN Key Financial Ratios
Generally speaking, ZGEN's financial ratios allow both analysts and investors to convert raw data from ZGEN's financial statements into concise, actionable information that can be used to evaluate the performance of ZGEN over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ZGEN reports annually and quarterly.| Return On Asset | -0.0015 | |||
| Z Score | 2.4 |
ZGEN Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ZGEN's current stock value. Our valuation model uses many indicators to compare ZGEN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ZGEN competition to find correlations between indicators driving ZGEN's intrinsic value. More Info.ZGEN is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value ZGEN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ZGEN's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ZGEN's earnings, one of the primary drivers of an investment's value.ZGEN Market Pulse
| Quote | 19.92 |
| Change(%) | 0.25 |
| Change | 0.05 |
| Open | 19.87 |
| Low | 19.87 |
| High | 19.92 |
| Volume | 0 |
| Exchange | NASDAQ |
About ZGEN Financials
What exactly are ZGEN Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include ZGEN's income statement, its balance sheet, and the statement of cash flows. Potential ZGEN investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ZGEN investors may use each financial statement separately, they are all related. The changes in ZGEN's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ZGEN'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. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze ZGEN Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as ZGEN is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of ZGEN has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if ZGEN's financials are consistent with your investment objective using the following steps:- Review ZGEN's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand ZGEN's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ZGEN's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if ZGEN's stock is overvalued or undervalued.
ZGEN April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ZGEN help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ZGEN. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZGEN based on widely used predictive technical indicators. In general, we focus on analyzing ZGEN Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZGEN's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.1397 | |||
| Maximum Drawdown | 69.16 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 3.52 |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the ZGEN information on this page should be used as a complementary analysis to other ZGEN'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of ZGEN is measured differently than its book value, which is the value of ZGEN that is recorded on the company's balance sheet. Investors also form their own opinion of ZGEN's value that differs from its market value or its book value, called intrinsic value, which is ZGEN'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 ZGEN's market value can be influenced by many factors that don't directly affect ZGEN'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 ZGEN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZGEN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZGEN'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.