Zeon (Germany) Price on October 31, 2023
| NZE Stock | EUR 8.70 0.05 0.57% |
If you're considering investing in Zeon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zeon stands at 8.70, as last reported on the 23rd of December, with the highest price reaching 8.70 and the lowest price hitting 8.70 during the day. At this point, Zeon is not too volatile. Zeon shows Sharpe Ratio of 0.0622, which attests that the company had a 0.0622% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zeon, which you can use to evaluate the volatility of the company. Please check out Zeon's Mean Deviation of 1.11, market risk adjusted performance of 0.1317, and Downside Deviation of 1.62 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
Zeon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zeon |
Sharpe Ratio = 0.0622
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| Cash | Small Risk | NZE | High Risk | Huge Risk |
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Zeon is performing at about 4% of its full potential. 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 Zeon by adding it to a well-diversified portfolio.
Zeon Valuation on October 31, 2023
It is possible to determine the worth of Zeon on a given historical date. On October 31, 2023 Zeon was worth 7.55 at the beginning of the trading date compared to the closed value of 7.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zeon stock. Still, in general, we apply an absolute valuation method to find Zeon'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 Zeon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zeon's related companies.
| Open | High | Low | Close | Volume | |
| 8.00 | 8.00 | 8.00 | 8.00 | 1.00 | |
10/31/2023 | 7.55 | 7.55 | 7.55 | 7.55 | 1.00 |
| 7.65 | 7.65 | 7.65 | 7.65 | 1.00 |
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Zeon Trading Date Momentum on October 31, 2023
| On November 01 2023 Zeon Corporation was traded for 7.65 at the closing time. The highest daily price throughout the period was 7.65 and the lowest price was 7.65 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.32% . The trading date delta to current closing price is 7.95% . |
Zeon Fundamentals Correlations and Trends
By evaluating Zeon'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 Zeon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zeon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zeon Stock history
Zeon 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 Zeon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zeon 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 Zeon stock prices may prove useful in developing a viable investing in Zeon
ZEON Corporation engages in the elastomers, specialty materials, and other businesses. The company was founded in 1950 and is headquartered in Tokyo, Japan. ZEON CORP operates under Rubber Plastics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3405 people.
Zeon Stock Technical Analysis
Zeon 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
Zeon Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Zeon Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Zeon December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Zeon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zeon shares will generate the highest return on investment. By undertsting and applying Zeon stock market strength indicators, traders can identify Zeon Corporation entry and exit signals to maximize returns
Zeon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zeon's price direction in advance. Along with the technical and fundamental analysis of Zeon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zeon 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 | 0.0454 | |||
| Jensen Alpha | 0.0613 | |||
| Total Risk Alpha | 0.028 | |||
| Sortino Ratio | 0.0326 | |||
| Treynor Ratio | 0.1217 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zeon Stock analysis
When running Zeon's price analysis, check to measure Zeon'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 Zeon is operating at the current time. Most of Zeon's value examination focuses on studying past and present price action to predict the probability of Zeon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zeon's price. Additionally, you may evaluate how the addition of Zeon to your portfolios can decrease your overall portfolio volatility.
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