Zillow Group Class Etf Probability of Future Etf Price Finishing Under 35.1819
| Z Etf | USD 43.15 1.27 2.86% |
Closest to current price Zillow long CALL Option Payoff at Expiration
Zillow |
Zillow Group Target Price Odds to finish below 35.1819
The tendency of Zillow Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 35.18 or more in 90 days |
| 43.15 | 90 days | 35.18 | near 1 |
Based on a normal probability distribution, the odds of Zillow Group to drop to $ 35.18 or more in 90 days from now is near 1 (This Zillow Group Class probability density function shows the probability of Zillow Etf to fall within a particular range of prices over 90 days) . Probability of Zillow Group Class price to stay between $ 35.18 and its current price of $43.15 at the end of the 90-day period is near 1 .
Taking into account the 90-day investment horizon the etf has the beta coefficient of 2.44 . This usually means as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Zillow Group will likely underperform. Additionally Zillow Group Class has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Zillow Group Price Density |
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Predictive Modules for Zillow Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zillow Group Class. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zillow Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zillow Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zillow Group is not an exception. The market had few large corrections towards the Zillow Group's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Zillow Group Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zillow Group within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.45 | |
β | Beta against NYSE Composite | 2.44 | |
σ | Overall volatility | 4.09 | |
Ir | Information ratio | -0.13 |
Zillow Group Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Zillow Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zillow Group Class can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zillow Group Class generated a negative expected return over the last 90 days | |
| The company reported the annual revenue of 1.95 B. Total Loss to common stockholders was (158 M) with gross profit before all taxes, overhead, and interest of 1.59 B. | |
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from nypost.com: Stately townhouse in a gated-off NYC historic district seeks 3.37M | |
| The fund keeps all of the net assets in exotic instruments |
Zillow Group Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Zillow Etf often depends not only on the future outlook of the current and potential Zillow Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Zillow Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 233.6 M | |
| Cash And Short Term Investments | 2.8 B |
Zillow Group Technical Analysis
Zillow Group's future price can be derived by breaking down and analyzing its technical indicators over time. Zillow Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zillow Group Class. In general, you should focus on analyzing Zillow Etf price patterns and their correlations with different microeconomic environments and drivers.
Zillow Group Predictive Forecast Models
Zillow Group's time-series forecasting models is one of many Zillow Group's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Zillow Group's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Zillow Group Class
Checking the ongoing alerts about Zillow Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zillow Group Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zillow Group Class generated a negative expected return over the last 90 days | |
| The company reported the annual revenue of 1.95 B. Total Loss to common stockholders was (158 M) with gross profit before all taxes, overhead, and interest of 1.59 B. | |
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from nypost.com: Stately townhouse in a gated-off NYC historic district seeks 3.37M | |
| The fund keeps all of the net assets in exotic instruments |
Check out Zillow Group Backtesting, Portfolio Optimization, Zillow Group Correlation, Zillow Group Hype Analysis, Zillow Group Volatility, Zillow Group History as well as Zillow Group Performance. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.