Zillow Probability of Target Price Finishing Over Current Price

Z -- USA Stock  

USD 39.79  0.91  2.34%

Zillow probability of target price tool provides mechanism to make assumptions about upside and downside potential of Zillow Group performance during a given time horizon utilizing its historical volatility. Please specify Zillow time horizon, a valid symbol (red box) and a target price (blue box) you would like Zillow odds to be computed. See also Zillow Backtesting, Zillow Valuation, Zillow Correlation, Zillow Hype Analysis, Zillow Volatility, Zillow History as well as Zillow Performance.
Horizon     30 Days    Login   to change
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Zillow Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 39.79 30 days 39.79 
about 1.13
Based on normal probability distribution, the odds of Zillow to move above current price in 30 days from now is about 1.13 (This Zillow Group probability density function shows the probability of Zillow Stock to fall within a particular range of prices over 30 days) .
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.3808 . 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. Additionally The company has an alpha of 0.0892 implying that it can potentially generate 0.0892% excess return over DOW after adjusting for the inherited market risk (beta).
 Zillow Price Density 
      Price 
α
Alpha over DOW
=0.09
β
Beta against DOW=1.38
σ
Overall volatility
=2.99
Ir
Information ratio =0.042415

Zillow Alerts and Suggestions

Zillow Group has accumulated $2.45 Billion in debt which can lead to volatile earnings
The company reported annual revenue of 2.16 B. Total Loss to common stockholders was (301.83 M) with gross profit before all taxes, overhead, and interest of 1.18 B.
has accumulated about 2.32 B in cash with (768.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.2.
Latest headline from MacroaxisInsider: Conversion by Benchmark Capital Management Co V Llc of 10709 shares of Zillow

ZillowPrice Density Drivers

Shares Percent Shares Out15.18%
Float Shares135.19M
Average Daily Volume Last 10 Day2.7M
Shares Short Prior Month27.14M
Average Daily Volume In Three Month2.96M
Date Short InterestOctober 31, 2019
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