Zillow Group Stock Price Prediction

ZG Stock  USD 47.36  1.09  2.36%   
The relative strength index (RSI) of Zillow's the stock price is roughly 67. This usually means that the stock is rather overbought by investors as of 27th of July 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Zillow, making its price go up or down.

Oversold Vs Overbought

67

 
Oversold
 
Overbought
The successful prediction of Zillow's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Zillow and does not consider all of the tangible or intangible factors available from Zillow's fundamental data. We analyze noise-free headlines and recent hype associated with Zillow Group, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Zillow's stock price prediction:
Quarterly Earnings Growth
(0.25)
EPS Estimate Next Quarter
0.41
EPS Estimate Current Year
1.3
EPS Estimate Next Year
1.8
Wall Street Target Price
53.59
Using Zillow hype-based prediction, you can estimate the value of Zillow Group from the perspective of Zillow response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Zillow using Zillow's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Zillow using crowd psychology based on the activity and movement of Zillow's stock price.

Zillow Short Interest

A significant increase or decrease in Zillow's short interest from the previous month could be a good indicator of investor sentiment towards Zillow. Short interest can provide insight into the potential direction of Zillow stock and how bullish or bearish investors feel about the market overall.
200 Day MA
46.4343
Short Percent
0.0511
Short Ratio
1.99
Shares Short Prior Month
1.1 M
50 Day MA
44.7938

Zillow Group Hype to Price Pattern

Investor biases related to Zillow's public news can be used to forecast risks associated with an investment in Zillow. The trend in average sentiment can be used to explain how an investor holding Zillow can time the market purely based on public headlines and social activities around Zillow Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Zillow's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Zillow.

Zillow Implied Volatility

    
  58.13  
Zillow's implied volatility exposes the market's sentiment of Zillow Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zillow's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Zillow stock will not fluctuate a lot when Zillow's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Zillow to buy its stock at a price that has no basis in reality. In that case, they are not buying Zillow because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Zillow after-hype prediction price

    
  USD 47.24  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Zillow Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zillow'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.
Intrinsic
Valuation
LowRealHigh
42.6251.3054.24
Details
25 Analysts
Consensus
LowTargetHigh
51.1056.1562.33
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.270.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zillow. Your research has to be compared to or analyzed against Zillow's peers to derive any actionable benefits. When done correctly, Zillow'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 Zillow Group.

Zillow After-Hype Price Prediction Density Analysis

As far as predicting the price of Zillow at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Zillow or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Zillow, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Zillow Estimiated After-Hype Price Volatility

In the context of predicting Zillow's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zillow's historical news coverage. Zillow's after-hype downside and upside margins for the prediction period are 44.31 and 50.17, respectively. We have considered Zillow's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
47.36
47.24
After-hype Price
50.17
Upside
Zillow is very steady at this time. Analysis and calculation of next after-hype price of Zillow Group is based on 3 months time horizon.

Zillow Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Zillow is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zillow backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Zillow, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.19 
2.93
  0.12 
  0.11 
9 Events / Month
13 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
47.36
47.24
0.25 
472.58  
Notes

Zillow Hype Timeline

As of July 27, 2024 Zillow Group is listed for 47.36. The entity has historical hype elasticity of -0.12, and average elasticity to hype of competition of -0.11. Zillow is forecasted to decline in value after the next headline, with the price expected to drop to 47.24. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.25%, whereas the daily expected return is at this time at 0.19%. The volatility of related hype on Zillow is about 500.1%, with the expected price after the next announcement by competition of 47.25. About 86.0% of the company outstanding shares are owned by institutional investors. The book value of Zillow was at this time reported as 19.75. The company has Price/Earnings To Growth (PEG) ratio of 0.72. Zillow Group recorded a loss per share of 0.69. The entity had not issued any dividends in recent years. The firm had 3207:1000 split on the 17th of August 2015. Allowing for the 90-day total investment horizon the next forecasted press release will be in about 9 days.
Check out Zillow Basic Forecasting Models to cross-verify your projections.

Zillow Related Hype Analysis

Having access to credible news sources related to Zillow's direct competition is more important than ever and may enhance your ability to predict Zillow's future price movements. Getting to know how Zillow's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Zillow may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
DASHDoorDash Class A(0.69)12 per month 0.00 (0.16) 3.32 (2.95) 13.44 
PINSPinterest 0.30 10 per month 1.20  0.05  3.69 (2.25) 25.94 
YELPYelp Inc(0.70)12 per month 0.00 (0.13) 1.70 (2.64) 9.27 
SPOTSpotify Technology SA(6.50)11 per month 1.90  0.02  4.16 (2.60) 14.21 
TWLOTwilio Inc(0.96)10 per month 0.00 (0.05) 2.49 (2.60) 9.79 
FVRRFiverr International(0.09)10 per month 2.65  0.05  5.25 (4.29) 15.49 
MOMOHello Group 0.20 9 per month 2.71  0.07  5.18 (3.50) 16.39 
WBWeibo Corp 0.10 8 per month 0.00 (0.05) 4.39 (3.87) 13.22 
ATHMAutohome 0.13 9 per month 2.22 (0.01) 3.79 (3.39) 10.63 
TMETencent Music Entertainment 0.08 10 per month 1.85  0.06  4.75 (3.30) 15.29 
DOYUDouYu International Holdings 0.77 9 per month 1.04  0.20  6.78 (2.73) 45.23 
ZZillow Group Class(0.51)8 per month 2.25  0.05  4.44 (3.86) 20.63 
SNAPSnap Inc(1.17)11 per month 2.59  0.06  4.00 (4.59) 37.36 
LTRPALiberty Tri 0.01 2 per month 0.00 (0.03) 5.41 (5.00) 18.55 
MAXMediaAlpha 0.39 10 per month 0.00 (0.12) 4.71 (5.70) 17.64 
SEATVivid Seats(0.42)9 per month 0.00 (0.09) 4.22 (6.07) 12.94 
CMCMCheetah Mobile(0.90)7 per month 0.00 (0.03) 9.73 (11.82) 39.76 

Zillow Additional Predictive Modules

Most predictive techniques to examine Zillow price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zillow using various technical indicators. When you analyze Zillow charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Zillow Predictive Indicators

The successful prediction of Zillow stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Zillow Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Zillow based on analysis of Zillow hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Zillow's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Zillow's related companies.

Story Coverage note for Zillow

The number of cover stories for Zillow depends on current market conditions and Zillow's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Zillow is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Zillow's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Zillow Short Properties

Zillow's future price predictability will typically decrease when Zillow's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zillow Group often depends not only on the future outlook of the potential Zillow'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's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding233.6 M
Cash And Short Term Investments2.8 B

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When running Zillow's price analysis, check to measure Zillow'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 Zillow is operating at the current time. Most of Zillow's value examination focuses on studying past and present price action to predict the probability of Zillow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zillow's price. Additionally, you may evaluate how the addition of Zillow to your portfolios can decrease your overall portfolio volatility.
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