Zillow Risk Analysis And Volatility

Z -- USA Stock  

USD 40.57  0.50  1.22%

Macroaxis considers Zillow not too volatile given 3 months investment horizon. Zillow Group shows Sharpe Ratio of 0.1763 which attests that the company had 0.1763% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Zillow Group which you can use to evaluate future volatility of the organization. Please utilize Zillow Group Market Risk Adjusted Performance of 0.309, Mean Deviation of 1.98 and Downside Deviation of 2.36 to validate if our risk estimates are consistent with your expectations.
Interest Expense

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

90 Days Economic Sensitivity

Responds to market
Horizon     30 Days    Login   to change

Zillow Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Zillow will likely underperform.
3 Months Beta |Analyze Zillow Group Demand Trend
Check current 30 days Zillow correlation with market (DOW)
β = 1.3553

Zillow Central Daily Price Deviation

Zillow Group Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Zillow Group price series. View also all equity analysis or get more info about median price price transform indicator.

Zillow Projected Return Density Against Market

Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.3553 . This means as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Zillow will likely underperform. Moreover, The company has an alpha of 0.3197 implying that it can potentially generate 0.3197% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Taking into account the 30 trading days horizon, the coefficient of variation of Zillow is 567.25. The daily returns are destributed with a variance of 7.55 and standard deviation of 2.75. The mean deviation of Zillow Group is currently at 1.97. For similar time horizon, the selected benchmark (DOW) has volatility of 0.6
α
Alpha over DOW
=0.32
β
Beta against DOW=1.36
σ
Overall volatility
=2.75
Ir
Information ratio =0.13

Zillow Return Volatility

the company accepts 2.7476% volatility on return distribution over the 30 days horizon. the entity inherits 0.6082% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Zillow Investment Opportunity

Zillow Group has a volatility of 2.75 and is 4.51 times more volatile than DOW. 24  of all equities and portfolios are less risky than Zillow. Compared to the overall equity markets, volatility of historical daily returns of Zillow Group is lower than 24 () of all global equities and portfolios over the last 30 days. Use Zillow Group to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Zillow to be traded at $39.35 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Zillow will likely underperform.

Zillow correlation with market

correlation synergy
Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Zillow Group Inc and equity matching DJI index in the same portfolio.

Zillow Current Risk Indicators

Zillow Suggested Diversification Pairs

See also Your Current Watchlist. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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