Zions Bancorp appears to be very steady, given 3 months investment horizon. Zions Bancorp shows Sharpe Ratio of 0.23, which attests that the company had 0.23% of return per unit of risk over the last 3 months. Our standpoint towards determining the 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-eight technical indicators for Zions Bancorp, which you can use to evaluate the future volatility of the company. Please utilize Zions Bancorp's Market Risk Adjusted Performance of 0.1789, mean deviation of 1.58, and Downside Deviation of 1.68 to validate if our risk estimates are consistent with your expectations.
Is Zions Bancorp (NASDAQ:ZION) way too risky for millennials?
 | By Gabriel Shpitalnik | Macroaxis Story |
It seems Zions Bancorp may not recover as fast as we have hopped for as its price went down 0.8% today. Zions Bancorp current daily volatility is 1.84 percent, with a beta of 1.71 and an alpha of 0.28 over DOW. As many baby boomers are still indifferent towards current volatility, Zions Bancorp. We will cover the possibilities of making Zions Bancorp into a steady grower in November.
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Reviewed by Rifka Kats
Zions Bancorp currently holds roughly 12.79 B in cash with 604 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 78.92. The company currently holds 2.32 B in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest Zions Bancorp is not taking enough advantage from borrowing.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zions Bancorporation. Your research has to be compared to or analyzed against Zions Bancorporation's peers to derive any actionable benefits. When done correctly, Zions Bancorporation's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Zions Bancorporation.
Investing in Zions Bancorporation, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Zions Bancorporation along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zions Bancorporation'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.
How important is Zions Bancorporation's Liquidity
Zions Bancorporation financial leverage refers to using borrowed capital as a funding source to finance Zions Bancorporation ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Zions Bancorporation financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Zions Bancorporation's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Zions Bancorporation's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Zions Bancorporation's total debt and its cash.
Zions Bancorporation Gross Profit
Zions Bancorporation Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Zions Bancorporation previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Zions Bancorporation Gross Profit growth over the last 10 years. Please check Zions Bancorporation's gross profit and other fundamental indicators for more details.
Zions Bancorporation Correlation with Peers
Investors in Zions can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Zions Bancorporation. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Zions Bancorporation and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Zions is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Zions for more details
A Deeper look at Zions
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Zions Bancorporation. Please refer to our Terms of Use for any information regarding our disclosure principles.