Zepp Health Corp Stock Market Value
| ZEPP Stock | USD 0.75 0.05 6.25% |
| Symbol | Zepp |
Zepp Health Corp Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zepp Health. If investors know Zepp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zepp Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Earnings Share (0.40) | Revenue Per Share 34.651 | Quarterly Revenue Growth (0.56) | Return On Assets (0.02) |
The market value of Zepp Health Corp is measured differently than its book value, which is the value of Zepp that is recorded on the company's balance sheet. Investors also form their own opinion of Zepp Health's value that differs from its market value or its book value, called intrinsic value, which is Zepp Health'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 Zepp Health's market value can be influenced by many factors that don't directly affect Zepp Health'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 Zepp Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zepp Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zepp Health'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.
Zepp Health 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Zepp Health's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Zepp Health.
| 05/06/2024 |
| 06/05/2024 |
If you would invest 0.00 in Zepp Health on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Zepp Health Corp or generate 0.0% return on investment in Zepp Health over 30 days. Zepp Health is related to or competes with LG Display, Sony Corp, Sonos, Vizio Holding, Singing Machine, Koss, and GoPro. Zepp Health Corporation, together with its subsidiaries, develops, manufactures, and sells smart wearable technological ... More
Zepp Health Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Zepp Health's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Zepp Health Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 22.59 | |||
| Value At Risk | (7.62) | |||
| Potential Upside | 5.31 |
Zepp Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zepp Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zepp Health's standard deviation. In reality, there are many statistical measures that can use Zepp Health historical prices to predict the future Zepp Health's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zepp Health'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.
Zepp Health Corp Backtested Returns
Zepp Health Corp shows Sharpe Ratio of -0.15, which attests that the company had a -0.15% return per unit of risk over the last 3 months. Zepp Health Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zepp Health's Market Risk Adjusted Performance of (0.31), standard deviation of 4.06, and Mean Deviation of 2.97 to validate the risk estimate we provide. The firm maintains a market beta of 2.12, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Zepp Health will likely underperform. At this point, Zepp Health Corp has a negative expected return of -0.61%. Please make sure to check out Zepp Health's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Zepp Health Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Zepp Health Corp has weak predictability. Overlapping area represents the amount of predictability between Zepp Health time series from 6th of May 2024 to 21st of May 2024 and 21st of May 2024 to 5th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zepp Health Corp price movement. The serial correlation of 0.2 indicates that over 20.0% of current Zepp Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zepp Health Corp lagged returns against current returns
Autocorrelation, which is Zepp Health stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Zepp Health's stock expected returns. We can calculate the autocorrelation of Zepp Health returns to help us make a trade decision. For example, suppose you find that Zepp Health has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Zepp Health regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Zepp Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zepp Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zepp Health stock over time.
Current vs Lagged Prices |
| Timeline |
Zepp Health Lagged Returns
When evaluating Zepp Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zepp Health stock have on its future price. Zepp Health autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Zepp Health autocorrelation shows the relationship between Zepp Health stock current value and its past values and can show if there is a momentum factor associated with investing in Zepp Health Corp.
Regressed Prices |
| Timeline |
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When running Zepp Health's price analysis, check to measure Zepp Health'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 Zepp Health is operating at the current time. Most of Zepp Health's value examination focuses on studying past and present price action to predict the probability of Zepp Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zepp Health's price. Additionally, you may evaluate how the addition of Zepp Health to your portfolios can decrease your overall portfolio volatility.