ZGEN Etf Forecast - Day Typical Price
| ZGEN Etf | USD 19.92 0.05 0.25% |
ZGEN Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ZGEN stock prices and determine the direction of ZGEN's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ZGEN's historical fundamentals, such as revenue growth or operating cash flow patterns.
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. ZGEN |
Most investors in ZGEN cannot accurately predict what will happen the next trading day because, historically, etf markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ZGEN's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ZGEN's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 19.9 | 19.9 |
| Check ZGEN Volatility | Backtest ZGEN | Information Ratio |
ZGEN Trading Date Momentum
| On April 19 2024 ZGEN was traded for 19.92 at the closing time. The top price for the day was 19.92 and the lowest listed price was 19.87 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 had no short-term effect on price fluctuation. The trading date delta against the current closing price is 0.25% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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ZGEN Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ZGEN etf to make a market-neutral strategy. Peer analysis of ZGEN could also be used in its relative valuation, which is a method of valuing ZGEN by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ZGEN Market Strength Events
Market strength indicators help investors to evaluate how ZGEN etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZGEN shares will generate the highest return on investment. By undertsting and applying ZGEN etf market strength indicators, traders can identify ZGEN entry and exit signals to maximize returns.
ZGEN Risk Indicators
The analysis of ZGEN's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ZGEN's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zgen etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.78 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 8.41 | |||
| Variance | 70.79 | |||
| Downside Variance | 4.77 | |||
| Semi Variance | 1.58 | |||
| Expected Short fall | (3.58) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 ZGEN offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZGEN'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 Zgen Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Zgen Etf: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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.