ZION OIL (Germany) Price on August 10, 2023
3QO Stock | EUR 0.03 0.00 0.00% |
If you're considering investing in ZION Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZION OIL stands at 0.03, as last reported on the 4th of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. ZION OIL GAS shows Sharpe Ratio of -0.22, which attests that the company had a -0.22% return per unit of standard deviation over the last 3 months. ZION OIL GAS exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZION OIL's Standard Deviation of 3.04, mean deviation of 1.6, and Risk Adjusted Performance of (0.16) to validate the risk estimate we provide.
ZION Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZION |
Sharpe Ratio = -0.2167
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Estimated Market Risk
3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZION OIL is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ZION OIL by adding ZION OIL to a well-diversified portfolio.
ZION OIL Valuation on August 10, 2023
It is possible to determine the worth of ZION OIL on a given historical date. On August 10, 2023 ZION was worth 0.0635 at the beginning of the trading date compared to the closed value of 0.0695. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZION OIL stock. Still, in general, we apply an absolute valuation method to find ZION OIL's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ZION OIL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZION OIL's related companies.
Open | High | Low | Close | Volume | |
0.06 | 0.06 | 0.06 | 0.06 | 5,000 | |
08/10/2023 | 0.06 | 0.07 | 0.06 | 0.07 | 5,000 |
0.07 | 0.08 | 0.06 | 0.06 | 5,000 |
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ZION OIL Trading Date Momentum on August 10, 2023
On August 11 2023 ZION OIL GAS was traded for 0.06 at the closing time. The maximum traded price for the trading interval was 0.08 and the lowest daily price was 0.06 . The daily volume was recorded at 5 K. The volume of trading on 11th of August 2023 played a part in the next trading day price drop. The daily price change to the next closing price was 11.51% . The trading date delta to the closing price today is 9.35% . |
ZION OIL GAS Fundamentals Correlations and Trends
By evaluating ZION OIL's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ZION OIL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZION financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZION OIL Stock history
ZION OIL investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ZION is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZION OIL GAS will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ZION OIL stock prices may prove useful in developing a viable investing in ZION OIL
ZION OIL Stock Technical Analysis
ZION OIL technical 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, stock market cycles, or different charting patterns.
Price Boundaries
ZION OIL Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
ZION OIL GAS cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ZION OIL December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how ZION OIL 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 undertsting and applying ZION OIL stock market strength indicators, traders can identify ZION OIL GAS entry and exit signals to maximize returns
ZION OIL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZION OIL's price direction in advance. Along with the technical and fundamental analysis of ZION Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZION to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.16) | |||
Jensen Alpha | (0.65) | |||
Total Risk Alpha | (1.10) | |||
Treynor Ratio | 2.15 |
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Volume Indicators |
Complementary Tools for ZION Stock analysis
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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