Zip Co (Australia) Chance of Future Stock Price Finishing Under 1.83
| ZIP Stock | 3.06 0.15 5.15% |
Zip |
Zip Co Target Price Odds to finish below 1.83
The tendency of Zip Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 1.83 or more in 90 days |
| 3.06 | 90 days | 1.83 | near 1 |
Based on a normal probability distribution, the odds of Zip Co to drop to 1.83 or more in 90 days from now is near 1 (This Zip Co Limited probability density function shows the probability of Zip Stock to fall within a particular range of prices over 90 days) . Probability of Zip Co Limited price to stay between 1.83 and its current price of 3.06 at the end of the 90-day period is about 56.33 .
Assuming the 90 days trading horizon Zip Co has a beta of 0.47. This usually means as returns on the market go up, Zip Co average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zip Co Limited will be expected to be much smaller as well. Additionally Zip Co Limited has an alpha of 0.2464, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zip Co Price Density |
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Predictive Modules for Zip Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zip Co Limited. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Zip Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zip Co is not an exception. The market had few large corrections towards the Zip Co's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Zip Co Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zip Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.07 |
Zip Co Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Zip Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zip Co Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zip Co Limited had very high historical volatility over the last 90 days | |
| Zip Co Limited is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Zip Co Ltd. Faces Change in Major Shareholder - MSN |
Zip Co Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Zip Stock often depends not only on the future outlook of the current and potential Zip Co'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. Zip Co's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 997 M | |
| Cash And Short Term Investments | 357.5 M |
Zip Co Technical Analysis
Zip Co's future price can be derived by breaking down and analyzing its technical indicators over time. Zip Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zip Co Limited. In general, you should focus on analyzing Zip Stock price patterns and their correlations with different microeconomic environments and drivers.
Zip Co Predictive Forecast Models
Zip Co's time-series forecasting models is one of many Zip Co's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Zip Co's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Zip Co Limited
Checking the ongoing alerts about Zip Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zip Co Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zip Co Limited had very high historical volatility over the last 90 days | |
| Zip Co Limited is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Zip Co Ltd. Faces Change in Major Shareholder - MSN |
Additional Tools for Zip Stock Analysis
When running Zip Co's price analysis, check to measure Zip Co'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 Zip Co is operating at the current time. Most of Zip Co's value examination focuses on studying past and present price action to predict the probability of Zip Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zip Co's price. Additionally, you may evaluate how the addition of Zip Co to your portfolios can decrease your overall portfolio volatility.