Zen Graphene Solutions Stock Probability of Future Stock Price Finishing Over 1.88
| ZEN Stock | CAD 1.65 0.06 3.77% |
ZEN |
ZEN Graphene Target Price Odds to finish over 1.88
The tendency of ZEN Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over C$ 1.88 or more in 90 days |
| 1.65 | 90 days | 1.88 | roughly 2.28 |
Based on a normal probability distribution, the odds of ZEN Graphene to move over C$ 1.88 or more in 90 days from now is roughly 2.28 (This ZEN Graphene Solutions probability density function shows the probability of ZEN Stock to fall within a particular range of prices over 90 days) . Probability of ZEN Graphene Solutions price to stay between its current price of C$ 1.65 and C$ 1.88 at the end of the 90-day period is about 59.51 .
Assuming the 90 days horizon ZEN Graphene Solutions has a beta of -1.64. This usually means as returns on its benchmark rise, returns on holding ZEN Graphene Solutions are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ZEN Graphene is expected to outperform its benchmark. Additionally ZEN Graphene Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. ZEN Graphene Price Density |
| Price |
Predictive Modules for ZEN Graphene
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZEN Graphene Solutions. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ZEN Graphene's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ZEN Graphene Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZEN Graphene is not an exception. The market had few large corrections towards the ZEN Graphene's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ZEN Graphene Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZEN Graphene within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | -1.64 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.06 |
ZEN Graphene Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ZEN Graphene for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZEN Graphene Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZEN Graphene may become a speculative penny stock | |
| ZEN Graphene had very high historical volatility over the last 90 days | |
| The company reported the revenue of 72.86 K. Net Loss for the year was (14.41 M) with loss before overhead, payroll, taxes, and interest of (857.01 K). | |
| ZEN Graphene Solutions has accumulated about 4.48 M in cash with (12.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
ZEN Graphene Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ZEN Stock often depends not only on the future outlook of the current and potential ZEN Graphene's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ZEN Graphene's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.5 M | |
| Shares Float | 95.5 M |
ZEN Graphene Technical Analysis
ZEN Graphene's future price can be derived by breaking down and analyzing its technical indicators over time. ZEN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZEN Graphene Solutions. In general, you should focus on analyzing ZEN Stock price patterns and their correlations with different microeconomic environments and drivers.
ZEN Graphene Predictive Forecast Models
ZEN Graphene's time-series forecasting models is one of many ZEN Graphene's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ZEN Graphene's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ZEN Graphene Solutions
Checking the ongoing alerts about ZEN Graphene for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZEN Graphene Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZEN Graphene may become a speculative penny stock | |
| ZEN Graphene had very high historical volatility over the last 90 days | |
| The company reported the revenue of 72.86 K. Net Loss for the year was (14.41 M) with loss before overhead, payroll, taxes, and interest of (857.01 K). | |
| ZEN Graphene Solutions has accumulated about 4.48 M in cash with (12.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
Check out ZEN Graphene Backtesting, ZEN Graphene Valuation, ZEN Graphene Correlation, ZEN Graphene Hype Analysis, ZEN Graphene Volatility, ZEN Graphene History as well as ZEN Graphene Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for ZEN Stock analysis
When running ZEN Graphene's price analysis, check to measure ZEN Graphene'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 ZEN Graphene is operating at the current time. Most of ZEN Graphene's value examination focuses on studying past and present price action to predict the probability of ZEN Graphene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZEN Graphene's price. Additionally, you may evaluate how the addition of ZEN Graphene to your portfolios can decrease your overall portfolio volatility.
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