ZB Technical Analysis
| ZB Crypto | USD 0.44 0.00 0.00% |
As of the 23rd of April, ZB maintains the Mean Deviation of 2.98, standard deviation of 12.31, and Market Risk Adjusted Performance of 0.5165. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of ZB, as well as the relationship between them. Specifically, you can use this information to find out if the crypto will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to break down ten technical drivers for ZB, which can be compared to its peers. Please check out ZB jensen alpha, as well as the relationship between the treynor ratio and kurtosis to decide if ZB is priced fairly, providing market reflects its latest price of 0.44 per share.
ZB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZBZB |
ZB technical crypto coin 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, crypto market cycles, or different charting patterns.
ZB Technical Analysis
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ZB Trend Analysis
Use this graph to draw trend lines for ZB. You can use it to identify possible trend reversals for ZB as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ZB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZB applied against its price change over selected period. The best fit line has a slop of 0.0007 , which means ZB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted ZB price change compared to its average price change.About ZB Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ZB on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ZB based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on ZB price pattern first instead of the macroeconomic environment surrounding ZB. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of ZB's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to ZB specific price patterns or momentum indicators.
ZB April 23, 2024 Technical Indicators
Most technical analysis of ZB help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ZB from various momentum indicators to cycle indicators. When you analyze ZB charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0853 | |||
| Market Risk Adjusted Performance | 0.5165 | |||
| Mean Deviation | 2.98 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 12.31 | |||
| Variance | 151.52 | |||
| Information Ratio | 0.1158 | |||
| Jensen Alpha | 1.27 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.5065 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the ZB information on this page should be used as a complementary analysis to other ZB'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.