Zion OTC Stock Odds of Future OTC Stock Price Finishing Under 0.00
| ZNOG Stock | USD 0.07 0.0017 2.43% |
Zion |
Zion Oil Target Price Odds to finish below 0.00
The tendency of Zion OTC 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 drop to $ 0.00 or more in 90 days |
| 0.07 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Zion Oil to drop to $ 0.00 or more in 90 days from now is near 1 (This Zion Oil Gas probability density function shows the probability of Zion OTC Stock to fall within a particular range of prices over 90 days) . Probability of Zion Oil Gas price to stay between $ 0.00 and its current price of $0.0683 at the end of the 90-day period is about 58.66 .
Given the investment horizon of 90 days Zion Oil Gas has a beta of -1.57. This usually means as returns on its benchmark rise, returns on holding Zion Oil Gas are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Zion Oil is expected to outperform its benchmark. Additionally The company has an alpha of 0.2741, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Zion Oil Price Density |
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Predictive Modules for Zion Oil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zion Oil Gas. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Zion Oil'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. Please use the tools below to analyze the current value of Zion Oil in the context of predictive analytics.
Zion Oil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zion Oil is not an exception. The market had few large corrections towards the Zion Oil'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 Zion Oil Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zion Oil within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.27 | |
β | Beta against NYSE Composite | -1.57 | |
σ | Overall volatility | 0.006819 | |
Ir | Information ratio | 0.032074 |
Zion Oil 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 Zion Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zion Oil Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zion Oil Gas had very high historical volatility over the last 90 days | |
| Zion Oil Gas has some characteristics of a very speculative penny stock | |
| Zion Oil Gas has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Zion Oil Gas currently holds about 3.08 M in cash with (5.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Zion Oil Gas has a frail financial position based on the latest SEC disclosures |
Zion Oil 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 Zion OTC Stock often depends not only on the future outlook of the current and potential Zion Oil'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. Zion Oil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 364.3 M |
Zion Oil Technical Analysis
Zion Oil's future price can be derived by breaking down and analyzing its technical indicators over time. Zion OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zion Oil Gas. In general, you should focus on analyzing Zion OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
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Zion Oil Predictive Forecast Models
Zion Oil's time-series forecasting models is one of many Zion Oil's otc 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 Zion Oil'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 otc stock market movement and maximize returns from investment trading.
Things to note about Zion Oil Gas
Checking the ongoing alerts about Zion Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zion Oil Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zion Oil Gas had very high historical volatility over the last 90 days | |
| Zion Oil Gas has some characteristics of a very speculative penny stock | |
| Zion Oil Gas has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Zion Oil Gas currently holds about 3.08 M in cash with (5.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Zion Oil Gas has a frail financial position based on the latest SEC disclosures |
Check out Zion Oil Backtesting, Zion Oil Valuation, Zion Oil Correlation, Zion Oil Hype Analysis, Zion Oil Volatility, Zion Oil History as well as Zion Oil Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Zion OTC Stock analysis
When running Zion Oil's price analysis, check to measure Zion Oil'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 Zion Oil is operating at the current time. Most of Zion Oil's value examination focuses on studying past and present price action to predict the probability of Zion Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zion Oil's price. Additionally, you may evaluate how the addition of Zion Oil to your portfolios can decrease your overall portfolio volatility.
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