Zoominfo Technologies Stock Market Value
| ZI Stock | USD 15.77 0.27 1.74% |
| Symbol | ZoomInfo |
ZoomInfo Technologies Price To Book Ratio
Is ZoomInfo Technologies' industry 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 ZoomInfo Technologies. If investors know ZoomInfo 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 ZoomInfo Technologies 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 0.903 | Earnings Share 0.27 | Revenue Per Share 3.122 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0241 |
The market value of ZoomInfo Technologies is measured differently than its book value, which is the value of ZoomInfo that is recorded on the company's balance sheet. Investors also form their own opinion of ZoomInfo Technologies' value that differs from its market value or its book value, called intrinsic value, which is ZoomInfo Technologies' 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 ZoomInfo Technologies' market value can be influenced by many factors that don't directly affect ZoomInfo Technologies' 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 ZoomInfo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ZoomInfo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZoomInfo Technologies' 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.
ZoomInfo Technologies '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 ZoomInfo Technologies' 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 ZoomInfo Technologies.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in ZoomInfo Technologies on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding ZoomInfo Technologies or generate 0.0% return on investment in ZoomInfo Technologies over 30 days. ZoomInfo Technologies is related to or competes with Marin Software, Exela Technologies, AMTD Digital, C3 Ai, CXApp, HeartCore Enterprises, and Beamr Imaging. ZoomInfo Technologies Inc., through its subsidiaries, provides go-to-market intelligence and engagement platform for sal... More
ZoomInfo Technologies 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 ZoomInfo Technologies' 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 ZoomInfo Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.004 | |||
| Maximum Drawdown | 20.81 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.63 |
ZoomInfo Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZoomInfo Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZoomInfo Technologies' standard deviation. In reality, there are many statistical measures that can use ZoomInfo Technologies historical prices to predict the future ZoomInfo Technologies' volatility.| Risk Adjusted Performance | 0.0255 | |||
| Jensen Alpha | 0.0465 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0048 | |||
| Treynor Ratio | 0.1755 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ZoomInfo Technologies' 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.
ZoomInfo Technologies Backtested Returns
We consider ZoomInfo Technologies not too volatile. ZoomInfo Technologies shows Sharpe Ratio of 0.0135, which attests that the company had a 0.0135% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ZoomInfo Technologies, which you can use to evaluate the volatility of the company. Please check out ZoomInfo Technologies' Market Risk Adjusted Performance of 0.1855, downside deviation of 2.34, and Mean Deviation of 1.81 to validate if the risk estimate we provide is consistent with the expected return of 0.0385%. ZoomInfo Technologies has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ZoomInfo Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding ZoomInfo Technologies is expected to be smaller as well. ZoomInfo Technologies right now maintains a risk of 2.84%. Please check out ZoomInfo Technologies downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if ZoomInfo Technologies will be following its historical returns.
Auto-correlation | -0.42 |
Modest reverse predictability
ZoomInfo Technologies has modest reverse predictability. Overlapping area represents the amount of predictability between ZoomInfo Technologies time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 ZoomInfo Technologies price movement. The serial correlation of -0.42 indicates that just about 42.0% of current ZoomInfo Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
ZoomInfo Technologies lagged returns against current returns
Autocorrelation, which is ZoomInfo Technologies 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 ZoomInfo Technologies' stock expected returns. We can calculate the autocorrelation of ZoomInfo Technologies returns to help us make a trade decision. For example, suppose you find that ZoomInfo Technologies 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 |
ZoomInfo Technologies 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 ZoomInfo Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZoomInfo Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZoomInfo Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
ZoomInfo Technologies Lagged Returns
When evaluating ZoomInfo Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZoomInfo Technologies stock have on its future price. ZoomInfo Technologies 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, ZoomInfo Technologies autocorrelation shows the relationship between ZoomInfo Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in ZoomInfo Technologies.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ZoomInfo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZoomInfo Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zoominfo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zoominfo Technologies Stock:Check out ZoomInfo Technologies Correlation, ZoomInfo Technologies Volatility and ZoomInfo Technologies Alpha and Beta module to complement your research on ZoomInfo Technologies. For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for ZoomInfo Stock analysis
When running ZoomInfo Technologies' price analysis, check to measure ZoomInfo Technologies' 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 ZoomInfo Technologies is operating at the current time. Most of ZoomInfo Technologies' value examination focuses on studying past and present price action to predict the probability of ZoomInfo Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZoomInfo Technologies' price. Additionally, you may evaluate how the addition of ZoomInfo Technologies to your portfolios can decrease your overall portfolio volatility.
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ZoomInfo Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.