Zenatech Stock Price on October 8, 2024
| ZENA Stock | 6.97 0.32 4.39% |
If you're considering investing in ZenaTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZenaTech stands at 6.97, as last reported on the 14th of December 2024, with the highest price reaching 7.67 and the lowest price hitting 6.50 during the day. ZenaTech is abnormally volatile given 3 months investment horizon. ZenaTech shows Sharpe Ratio of 0.0826, which attests that the company had a 0.0826% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.24% are justified by taking the suggested risk. Use ZenaTech Mean Deviation of 17.0, downside deviation of 13.8, and Market Risk Adjusted Performance of 0.3704 to evaluate company specific risk that cannot be diversified away.
At present, ZenaTech's Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.15, whereas Total Stockholder Equity is forecasted to decline to about 6 M. . ZenaTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZenaTech |
Sharpe Ratio = 0.0826
| Best Portfolio | Best Equity | |||
| Good Returns | ZENA | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 39.16 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.24 actual daily | 64 64% of assets have lower returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ZenaTech is performing at about 6% 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 ZenaTech by adding it to a well-diversified portfolio.
Price Book 19.6945 | Enterprise Value Ebitda 2 K | Price Sales 69.6344 | Shares Float 8.2 M | Earnings Share (0.03) |
ZenaTech Main Headline on 8th of October 2024
ZenaTechs ZenaDrone Commences Aerial Operations to Commercia... by finance.yahoo.com
TORONTO, Ontario, Oct. 08, 2024 -- ZenaTech, Inc. , a technology company specializing in AI drone solutions and enterprise SaaS solutions, today announced that its subsidiary, ZenaDrone, has commenced aerial operations to launch commercial drone services in the US. This was made possible due to recently achieving Federal Aviation Authority exemption approval. ZenaDrone will be setting up Drone-as-
ZenaTech Valuation on October 8, 2024
It is possible to determine the worth of ZenaTech on a given historical date. On October 8, 2024 ZenaTech was worth 2.79 at the beginning of the trading date compared to the closed value of 2.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZenaTech stock. Still, in general, we apply an absolute valuation method to find ZenaTech'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 ZenaTech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZenaTech's related companies.
| Open | High | Low | Close | Volume | |
| 3.95 | 3.95 | 2.59 | 2.77 | 242,009 | |
10/08/2024 | 2.79 | 2.90 | 2.22 | 2.41 | 203,295 |
| 2.40 | 2.43 | 1.77 | 1.85 | 196,700 |
| Backtest ZenaTech | | | ZenaTech History | | | ZenaTech Valuation | Previous | Next |
ZenaTech Trading Date Momentum on October 8, 2024
| On October 09 2024 ZenaTech was traded for 1.85 at the closing time. The top price for the day was 2.43 and the lowest listed price was 1.77 . The trading volume for the day was 196.7 K. The trading history from October 9, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 23.24% . The trading date delta against the current closing price is 8.71% . |
ZenaTech Fundamentals Correlations and Trends
By evaluating ZenaTech'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 ZenaTech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZenaTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZenaTech Stock history
ZenaTech 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 ZenaTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZenaTech 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 ZenaTech stock prices may prove useful in developing a viable investing in ZenaTech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.9 M | 14.1 M |
ZenaTech Quarterly Net Working Capital |
|
ZenaTech Stock Technical Analysis
ZenaTech 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
ZenaTech Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
ZenaTech cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
ZenaTech December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how ZenaTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZenaTech shares will generate the highest return on investment. By undertsting and applying ZenaTech stock market strength indicators, traders can identify ZenaTech entry and exit signals to maximize returns
ZenaTech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZenaTech's price direction in advance. Along with the technical and fundamental analysis of ZenaTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZenaTech 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 | 0.0697 | |||
| Jensen Alpha | 2.42 | |||
| Total Risk Alpha | (1.64) | |||
| Sortino Ratio | 0.2273 | |||
| Treynor Ratio | 0.3604 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ZenaTech Stock analysis
When running ZenaTech's price analysis, check to measure ZenaTech'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 ZenaTech is operating at the current time. Most of ZenaTech's value examination focuses on studying past and present price action to predict the probability of ZenaTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZenaTech's price. Additionally, you may evaluate how the addition of ZenaTech to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |