Zion OTC Stock Alpha and Beta Analysis

ZNOG Stock  USD 0.06  0.0051  7.29%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Zion Oil Gas. It also helps investors analyze the systematic and unsystematic risks associated with investing in Zion Oil over a specified time horizon. Remember, high Zion Oil's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Check out Zion Oil Backtesting, Zion Oil Valuation, Zion Oil Correlation, Zion Oil Hype Analysis, Zion Oil Volatility, Zion Oil History and analyze Zion Oil Performance.
Please note that although Zion Oil alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Zion Oil did 0.16  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Zion Oil Gas stock's relative risk over its benchmark. Zion Oil Gas has a beta of 0.88  . Let's try to break down what Zion's beta means in this case. As the market becomes more bullish, returns on owning Zion Oil are expected to decrease slowly. On the other hand, during market turmoil, Zion Oil is expected to outperform it slightly.
Zion Oil Tangible Assets Book Value per Share are most likely to slightly decrease in the upcoming years. The last year's value of Tangible Assets Book Value per Share was reported at 0.06. The current Enterprise Value is estimated to increase to about 26.7 M, while Enterprise Value over EBIT is projected to decrease to (4.86) .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

26.67 Million

Zion Oil Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Zion Oil market risk premium is the additional return an investor will receive from holding Zion Oil long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Zion Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Zion Oil's performance over market.
α-0.16   β-0.88
90 days against NYA

Zion Oil expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Zion Oil's Buy-and-hold return. Our buy-and-hold chart shows how Zion Oil performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Zion Oil Market Price Analysis

Market price analysis indicators help investors to evaluate how Zion Oil otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zion Oil shares will generate the highest return on investment. By understating and applying Zion Oil otc stock market price indicators, traders can identify Zion Oil position entry and exit signals to maximize returns.

Zion Oil Return and Market Media

The median price of Zion Oil for the period between Tue, Mar 7, 2023 and Mon, Jun 5, 2023 is 0.09 with a coefficient of variation of 9.04. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.09, and mean deviation of 0.01. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
Financial Statements03/13/2023

About Zion Oil Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Zion or other otcs. Alpha measures the amount that position in Zion Oil Gas has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 (projected)
Current Ratio1.621.171.2
Book Value per Share0.210.0490.0503

Zion Oil Upcoming Company Events

As portrayed in its financial statements, the presentation of Zion Oil's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zion Oil's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Zion Oil's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Zion Oil. Please utilize our Beneish M Score to check the likelihood of Zion Oil's management manipulating its earnings.
30th of May 2023
Upcoming Quarterly Report
31st of March 2023
Next Fiscal Quarter End

Build Portfolio with Zion Oil

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Zion Oil Backtesting, Zion Oil Valuation, Zion Oil Correlation, Zion Oil Hype Analysis, Zion Oil Volatility, Zion Oil History and analyze Zion Oil Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Zion Oil's price analysis, check to measure Zion Oil'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 Zion Oil is operating at the current time. Most of Zion Oil's value examination focuses on studying past and present price action to predict the probability of Zion Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zion Oil's price. Additionally, you may evaluate how the addition of Zion Oil to your portfolios can decrease your overall portfolio volatility.
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Zion Oil technical otc 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, otc market cycles, or different charting patterns.
A focus of Zion Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zion Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...