Zenovia Digital Exchange Stock Performance
| ZDEC Stock | USD 0 0.00 0.00% |
The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Zenovia Digital are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Zenovia Digital Exchange has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Zenovia Digital is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Total Cashflows From Investing Activities | -3.6 M |
Zenovia |
Zenovia Digital Relative Risk vs. Return Landscape
If you would invest 0.11 in Zenovia Digital Exchange on February 11, 2024 and sell it today you would earn a total of 0.00 from holding Zenovia Digital Exchange or generate 0.0% return on investment over 90 days. Zenovia Digital Exchange is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Zenovia, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Zenovia Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zenovia Digital's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Zenovia Digital Exchange, and traders can use it to determine the average amount a Zenovia Digital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Zenovia Digital is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zenovia Digital by adding Zenovia Digital to a well-diversified portfolio.
Zenovia Digital Fundamentals Growth
Zenovia Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Zenovia Digital, and Zenovia Digital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Zenovia Pink Sheet performance.
| Return On Asset | -0.67 | |||
| Profit Margin | (0.98) % | |||
| Operating Margin | (0.72) % | |||
| Current Valuation | 837.64 K | |||
| Shares Outstanding | 16.55 M | |||
| Price To Book | 3.82 X | |||
| Price To Sales | 0.03 X | |||
| Revenue | 23.77 M | |||
| EBITDA | (11.88 M) | |||
| Book Value Per Share | (1.26) X | |||
| Cash Flow From Operations | 1.08 M | |||
| Earnings Per Share | (2.24) X | |||
| Total Asset | 22.43 M | |||
| Retained Earnings | (663 K) | |||
| Current Asset | 362 K | |||
| Current Liabilities | 210 K | |||
About Zenovia Digital Performance
To evaluate Zenovia Digital Exchange Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Zenovia Digital generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Zenovia Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Zenovia Digital Exchange market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Zenovia's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Zenovia Digital Exchange Corporation engages in the advertising exchange business in the United States. Zenovia Digital Exchange Corporation was founded in 2012 and is headquartered in Falls Church, Virginia. Zenovia Digital is traded on OTC Exchange in the United States.Things to note about Zenovia Digital Exchange performance evaluation
Checking the ongoing alerts about Zenovia Digital for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Zenovia Digital Exchange help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zenovia Digital generated a negative expected return over the last 90 days | |
| Zenovia Digital has some characteristics of a very speculative penny stock | |
| Zenovia Digital has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Zenovia Digital until it has trouble settling it off, either with new capital or with free cash flow. So, Zenovia Digital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zenovia Digital Exchange sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zenovia to invest in growth at high rates of return. When we think about Zenovia Digital's use of debt, we should always consider it together with cash and equity. | |
| Zenovia Digital Exchange reported the previous year's revenue of 23.77 M. Net Loss for the year was (23.36 M) with profit before overhead, payroll, taxes, and interest of 1.55 M. |
- Analyzing Zenovia Digital's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Zenovia Digital's stock is overvalued or undervalued compared to its peers.
- Examining Zenovia Digital's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Zenovia Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zenovia Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zenovia Digital's pink sheet. These opinions can provide insight into Zenovia Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zenovia Digital Exchange. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Zenovia Digital Exchange information on this page should be used as a complementary analysis to other Zenovia Digital'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Zenovia Pink Sheet analysis
When running Zenovia Digital's price analysis, check to measure Zenovia Digital'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 Zenovia Digital is operating at the current time. Most of Zenovia Digital's value examination focuses on studying past and present price action to predict the probability of Zenovia Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenovia Digital's price. Additionally, you may evaluate how the addition of Zenovia Digital to your portfolios can decrease your overall portfolio volatility.
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