Zk International Group Stock Probability of Future Stock Price Finishing Over 12.79
| ZKIN Stock | USD 0.73 0.09 14.06% |
Closest to current price ZKIN long PUT Option Payoff at Expiration
ZKIN |
ZK International Target Price Odds to finish over 12.79
The tendency of ZKIN 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 $ 12.79 or more in 90 days |
| 0.73 | 90 days | 12.79 | close to zero percent |
Based on a normal probability distribution, the odds of ZK International to move over $ 12.79 or more in 90 days from now is close to zero percent (This ZK International Group probability density function shows the probability of ZKIN Stock to fall within a particular range of prices over 90 days) . Probability of ZK International price to stay between its current price of $ 0.73 and $ 12.79 at the end of the 90-day period is about 15.38 .
Given the investment horizon of 90 days ZK International has a beta of 0.39. This usually means as returns on the market go up, ZK International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZK International Group will be expected to be much smaller as well. Additionally ZK International Group has an alpha of 0.0814, implying that it can generate a 0.0814 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ZK International Price Density |
| Price |
Predictive Modules for ZK International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZK International. 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 ZK International'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.
ZK International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZK International is not an exception. The market had few large corrections towards the ZK International'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 ZK International Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZK International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 0.39 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.01 |
ZK International 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 ZK International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZK International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZK International has some characteristics of a very speculative penny stock | |
| ZK International had very high historical volatility over the last 90 days | |
| ZK International has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 102.39 M. Net Loss for the year was (6.05 M) with profit before overhead, payroll, taxes, and interest of 7.6 M. | |
| ZK International Group currently holds about 5.48 M in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Roughly 28.0% of the company outstanding shares are owned by insiders | |
| Latest headline from kalkinemedia.com: ZK International Group Co., Ltd. and The CF Opportunity Fund Successfully Closes 5 Million Financing Priced at 1.59 per Share |
ZK International 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 ZKIN Stock often depends not only on the future outlook of the current and potential ZK International'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. ZK International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.4 M | |
| Cash And Short Term Investments | 8.4 M |
ZK International Technical Analysis
ZK International's future price can be derived by breaking down and analyzing its technical indicators over time. ZKIN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZK International Group. In general, you should focus on analyzing ZKIN Stock price patterns and their correlations with different microeconomic environments and drivers.
ZK International Predictive Forecast Models
ZK International's time-series forecasting models is one of many ZK International'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 ZK International'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 ZK International
Checking the ongoing alerts about ZK International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZK International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZK International has some characteristics of a very speculative penny stock | |
| ZK International had very high historical volatility over the last 90 days | |
| ZK International has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 102.39 M. Net Loss for the year was (6.05 M) with profit before overhead, payroll, taxes, and interest of 7.6 M. | |
| ZK International Group currently holds about 5.48 M in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Roughly 28.0% of the company outstanding shares are owned by insiders | |
| Latest headline from kalkinemedia.com: ZK International Group Co., Ltd. and The CF Opportunity Fund Successfully Closes 5 Million Financing Priced at 1.59 per Share |
Check out ZK International Backtesting, ZK International Valuation, ZK International Correlation, ZK International Hype Analysis, ZK International Volatility, ZK International History as well as ZK International Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running ZK International's price analysis, check to measure ZK International'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 ZK International is operating at the current time. Most of ZK International's value examination focuses on studying past and present price action to predict the probability of ZK International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZK International's price. Additionally, you may evaluate how the addition of ZK International to your portfolios can decrease your overall portfolio volatility.
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Is ZK International'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 ZK International. If investors know ZKIN 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 ZK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (0.21) | Revenue Per Share 3.657 | Quarterly Revenue Growth 0.158 | Return On Assets (0.01) |
The market value of ZK International is measured differently than its book value, which is the value of ZKIN that is recorded on the company's balance sheet. Investors also form their own opinion of ZK International's value that differs from its market value or its book value, called intrinsic value, which is ZK International'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 ZK International's market value can be influenced by many factors that don't directly affect ZK International'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 ZK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZK International'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.