Zillow Group Class Etf Technical Analysis

Z Etf  USD 48.78  1.60  3.18%   
As of the 29th of March, Zillow Group maintains the Mean Deviation of 1.96, market risk adjusted performance of (0.08), and Standard Deviation of 2.83. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zillow Group Class, as well as the relationship between them. Specifically, you can use this information to find out if the etf will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Zillow Group Class, which can be compared to its rivals. Please check out Zillow Group Class standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Zillow Group Class is priced fairly, providing market reflects its latest price of 48.78 per share.

Zillow Group Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zillow, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Zillow
  
Zillow Group's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Zillow Group Analyst Consensus

Target PriceAdvice# of Analysts
56.94Buy3Odds
Zillow Group Class current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Zillow analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Zillow stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Zillow Group Class, talking to its executives and customers, or listening to Zillow conference calls.
Zillow Analyst Advice Details
Zillow Group technical etf 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, etf market cycles, or different charting patterns.
A focus of Zillow Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zillow Group 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...

Zillow Group Class Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Zillow Group Class volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Zillow Group Class Trend Analysis

Use this graph to draw trend lines for Zillow Group Class. You can use it to identify possible trend reversals for Zillow Group as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Zillow Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Zillow Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Zillow Group Class applied against its price change over selected period. The best fit line has a slop of   0.07  , which may imply that the price for Zillow Group Class will drop even more. It has 122 observation points and a regression sum of squares at 174.49, which is the sum of squared deviations for the predicted Zillow Group price change compared to its average price change.

About Zillow Group Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Zillow Group Class on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Zillow Group Class based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Zillow Group Class price pattern first instead of the macroeconomic environment surrounding Zillow Group Class. By analyzing Zillow Group's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Zillow Group's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Zillow Group specific price patterns or momentum indicators. Please read more on our technical analysis page.

Zillow Group March 29, 2024 Technical Indicators

Most technical analysis of Zillow help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Zillow from various momentum indicators to cycle indicators. When you analyze Zillow charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Zillow Group March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Zillow stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group Class. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Zillow Etf please use our How to Invest in Zillow Group guide.
Note that the Zillow Group Class information on this page should be used as a complementary analysis to other Zillow Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Zillow Etf analysis

When running Zillow Group's price analysis, check to measure Zillow Group'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 Zillow Group is operating at the current time. Most of Zillow Group's value examination focuses on studying past and present price action to predict the probability of Zillow Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zillow Group's price. Additionally, you may evaluate how the addition of Zillow Group to your portfolios can decrease your overall portfolio volatility.
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The market value of Zillow Group Class is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow Group's value that differs from its market value or its book value, called intrinsic value, which is Zillow Group'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 Zillow Group's market value can be influenced by many factors that don't directly affect Zillow Group'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 Zillow Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow Group'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.