Zai Lab Stock Forecast - Price Action Indicator
| ZLAB Stock | USD 14.07 0.15 1.05% |
Zai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zai Lab stock prices and determine the direction of Zai Lab's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zai Lab's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Zai Lab's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Zai Lab's systematic risk associated with finding meaningful patterns of Zai Lab fundamentals over time.
Check out Historical Fundamental Analysis of Zai Lab to cross-verify your projections. Zai |
Open Interest Against 2024-04-19 Zai Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Zai Lab's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Zai Lab's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Zai Lab stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Zai Lab's open interest, investors have to compare it to Zai Lab's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Zai Lab is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Zai. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Zai Lab cannot accurately predict what will happen the next trading day because, historically, stock 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 Zai Lab's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Zai Lab's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.67 | (0.09) |
| Check Zai Lab Volatility | Backtest Zai Lab | Information Ratio |
Zai Lab Trading Date Momentum
| On April 19 2024 Zai Lab was traded for 14.07 at the closing time. The top price for the day was 14.23 and the lowest listed price was 13.93 . The trading volume for the day was 465.6 K. The trading history from April 19, 2024 had no short-term effect on price fluctuation. The trading date delta against the current closing price is 0.92% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Zai Lab to competition |
Other Forecasting Options for Zai Lab
For every potential investor in Zai, whether a beginner or expert, Zai Lab's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zai Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zai. Basic forecasting techniques help filter out the noise by identifying Zai Lab's price trends.View Zai Lab Related Equities
| Risk & Return | Correlation |
Zai Lab Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Zai Lab's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Zai Lab's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Zai Lab Market Strength Events
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.
| Accumulation Distribution | 9816.75 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 14.08 | |||
| Day Typical Price | 14.08 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.15) |
Zai Lab Risk Indicators
The analysis of Zai Lab'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 Zai Lab's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zai stock 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 | 2.87 | |||
| Standard Deviation | 3.68 | |||
| Variance | 13.57 |
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.
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 Zai Lab 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, Zai Lab's short interest history, or implied volatility extrapolated from Zai Lab 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.When determining whether Zai Lab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zai Lab'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 Zai Lab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zai Lab Stock:Check out Historical Fundamental Analysis of Zai Lab to cross-verify your projections. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.