Zk International Group Stock Price on April 28, 2022

ZKIN Stock  USD 0.58  0.02  3.57%   
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 0.58, as last reported on the 29th of March, with the highest price reaching 0.63 and the lowest price hitting 0.57 during the day.
IPO Date
1st of September 2017
200 Day MA
0.7049
50 Day MA
0.6984
Beta
2.143
 
Covid
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 -0.16, which attests that the company had a -0.16% return per unit of price deviation over the last 3 months. ZK International exposes twenty-two 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 2.81, and Information Ratio of (0.20) 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 29th of March 2024, Other Stockholder Equity is likely to grow to about 85.4 M, while Common Stock Shares Outstanding is likely to drop about 17.6 M. . As of the 29th of March 2024, Price Earnings Ratio is likely to grow to -3.1. In addition to that, Price To Sales Ratio is likely to drop to 0.26. ZKIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1566

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Negative ReturnsZKIN

Estimated Market Risk

 4.99
  actual daily
44
56% of assets are more volatile

Expected Return

 -0.78
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  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
0.2072
Enterprise Value Ebitda
(9.02)
Price Sales
0.1627
Shares Float
22.1 M
Earnings Share
(0.21)

ZK International Valuation on April 28, 2022

It is possible to determine the worth of ZK International on a given historical date. On April 28, 2022 ZKIN was worth 1.07 at the beginning of the trading date compared to the closed value of 1.04. 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
  1.02    1.07    1.01    1.06    87,800  
04/28/2022
  1.07    1.08    1.01    1.04    55,400  
  1.02    1.09    1.02    1.04    24,200  
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Open Value
1.07
1.04
Closing Value
16.04
Upside

ZK International Trading Date Momentum on April 28, 2022

On April 29 2022 ZK International Group was traded for  1.04  at the closing time. The top price for the day was 1.09  and the lowest listed price was  1.02 . The trading volume for the day was 24.2 K. The trading history from April 29, 2022 had no short-term effect on price fluctuation. The trading date delta against the current closing price is 0.00% .

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 ReportedProjected for 2024
Common Stock Shares Outstanding33.8 M17.6 M
Net Loss-5.5 M-5.2 M

ZK International Quarterly Net Working Capital

23.63 Million

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.
A focus of ZK International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ZK International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ZK International Period Price Range

Low
April 28, 2022
-0.03  -2.8%
High

 1.07 

     

 1.04 

ZK International March 29, 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.
When determining whether ZK International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZK International'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 Zk International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zk International Group Stock:
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.