Zillow Group Class Etf Alpha and Beta Analysis
| Z Etf | USD 85.45 0.60 0.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Zillow Group Class. It also helps investors analyze the systematic and unsystematic risks associated with investing in Zillow Group over a specified time horizon. Remember, high Zillow Group'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. Key technical indicators related to Zillow Group's market risk premium analysis include:
Beta 0.23 | Alpha 0.61 | Risk 3.75 | Sharpe Ratio 0.2 | Expected Return 0.76 |
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.
Zillow |
Zillow Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Zillow Group market risk premium is the additional return an investor will receive from holding Zillow Group 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 Zillow Group. 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 Zillow Group's performance over market.| α | 0.61 | β | 0.23 |
Zillow Group 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 Zillow Group's Buy-and-hold return. Our buy-and-hold chart shows how Zillow Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Zillow Group Market Price Analysis
Market price analysis indicators help investors to evaluate how Zillow Group etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zillow Group shares will generate the highest return on investment. By understating and applying Zillow Group etf market price indicators, traders can identify Zillow Group position entry and exit signals to maximize returns.
Zillow Group Return and Market Media
The median price of Zillow Group for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 62.78 with a coefficient of variation of 12.23. The daily time series for the period is distributed with a sample standard deviation of 7.85, arithmetic mean of 64.23, and mean deviation of 5.99. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Zillow Stock Jumps On Q3 Earnings Revenue Beat, EPS Beat, Visits Up 3, 233M Monthly Active Users | 11/06/2024 |
2 | Zillow Group, Inc. Class C Q3 2024 Earnings Call Transcript | 11/08/2024 |
3 | Trumps plan to build more homes on federal land could push prices higher, UBS says | 11/15/2024 |
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5 | Buyers Markets Spread From the South as Inventory Recovers | 11/20/2024 |
6 | Home sales jumped in October, and housing demand is set to pick up from here, NAR says | 11/21/2024 |
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8 | In Less Than 2 Years, You Wont Be Able To Afford a Home in These ZIP Codes | 11/25/2024 |
About Zillow Group 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 Zillow or other etfs. Alpha measures the amount that position in Zillow Group Class 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.
Zillow Group Upcoming Company Events
As portrayed in its financial statements, the presentation of Zillow Group's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zillow Group's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Zillow Group's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Zillow Group. Please utilize our Beneish M Score to check the likelihood of Zillow Group's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Other Information on Investing in Zillow Etf
Zillow Group financial ratios help investors to determine whether Zillow Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zillow with respect to the benefits of owning Zillow Group security.