Zk International Group Stock Price on March 22, 2022
| ZKIN Stock | USD 0.60 0.03 4.76% |
Below is the normalized historical share price chart for ZK International Group extending back to September 01, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ZK International stands at 0.60, as last reported on the 18th of April 2024, with the highest price reaching 0.63 and the lowest price hitting 0.60 during the day.
If you're considering investing in ZKIN Stock, it is important to understand the factors that can impact its price. ZK International retains Efficiency (Sharpe Ratio) of -0.0018, which attests that the company had a -0.0018% return per unit of price deviation over the last 3 months. ZK International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZK International's market risk adjusted performance of 1.23, and Information Ratio of (0.09) to validate the risk estimate we provide.
At this time, ZK International's Total Stockholder Equity is very stable compared to the past year. As of the 18th of April 2024, Other Stockholder Equity is likely to grow to about 85.4 M, while Common Stock Shares Outstanding is likely to drop about 17.5 M. . As of the 18th of April 2024, Price To Sales Ratio is likely to drop to 0.26. In addition to that, Price Earnings Ratio is likely to grow to -3.1. ZKIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of September 2017 | 200 Day MA 0.6962 | 50 Day MA 0.6713 | Beta 2.126 |
ZKIN |
Sharpe Ratio = -0.0018
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Estimated Market Risk
| 4.27 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZK International is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ZK International by adding ZK International to a well-diversified portfolio.
Price Book 0.2252 | Enterprise Value Ebitda (9.40) | Price Sales 0.1754 | Shares Float 22.1 M | Earnings Share (0.21) |
ZK International Valuation on March 22, 2022
It is possible to determine the worth of ZK International on a given historical date. On March 22, 2022 ZKIN was worth 1.4 at the beginning of the trading date compared to the closed value of 1.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZK International stock. Still, in general, we apply an absolute valuation method to find ZK International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ZK International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZK International's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 1.40 | 1.52 | 1.33 | 1.47 | 410,500 |
| 1.45 | 1.45 | 1.29 | 1.31 | 343,100 |
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ZK International Trading Date Momentum on March 22, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.ZK International Fundamentals Correlations and Trends
By evaluating ZK International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ZK International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZKIN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZK International Stock history
ZK International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ZKIN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZK International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ZK International stock prices may prove useful in developing a viable investing in ZK International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.8 M | 17.5 M | |
| Net Loss | -5.5 M | -5.2 M |
ZK International Quarterly Net Working Capital |
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ZK International Stock Technical Analysis
ZK International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ZK International Period Price Range
Low | April 4, 2022
| High |
1.40 | 1.47 |
ZK International April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how ZK International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZK International shares will generate the highest return on investment. By undertsting and applying ZK International stock market strength indicators, traders can identify ZK International Group entry and exit signals to maximize returns
ZK International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZK International's price direction in advance. Along with the technical and fundamental analysis of ZKIN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZKIN to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | 1.22 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZK International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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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.