ZF Commercial (India) Price on November 13, 2023
ZFCVINDIA | 11,731 111.95 0.95% |
If you're considering investing in ZFCVINDIA Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZF Commercial stands at 11,731, as last reported on the 3rd of January, with the highest price reaching 11,922 and the lowest price hitting 11,671 during the day. ZF Commercial Vehicle retains Efficiency (Sharpe Ratio) of -0.15, which attests that the company had a -0.15% return per unit of price deviation over the last 3 months. ZF Commercial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZF Commercial's market risk adjusted performance of (73.62), and Information Ratio of (0.16) to validate the risk estimate we provide.
ZFCVINDIA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZFCVINDIA |
Sharpe Ratio = -0.1535
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ZFCVINDIA |
Estimated Market Risk
2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZF Commercial 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 ZF Commercial by adding ZF Commercial to a well-diversified portfolio.
ZF Commercial Valuation on November 13, 2023
It is possible to determine the worth of ZF Commercial on a given historical date. On November 13, 2023 ZFCVINDIA was worth 16777.06 at the beginning of the trading date compared to the closed value of 16507.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZF Commercial stock. Still, in general, we apply an absolute valuation method to find ZF Commercial'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 ZF Commercial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZF Commercial's related companies.
Open | High | Low | Close | Volume | |
16,183 | 16,604 | 16,183 | 16,185 | 8,810 | |
11/13/2023 | 16,777 | 16,927 | 16,427 | 16,507 | 4,799 |
16,532 | 16,667 | 16,283 | 16,418 | 6,561 |
Backtest ZF Commercial | | | ZF Commercial History | | | ZF Commercial Valuation | Previous | Next |
ZF Commercial Trading Date Momentum on November 13, 2023
On November 15 2023 ZF Commercial Vehicle was traded for 16,418 at the closing time. The highest price during the trading period was 16,667 and the lowest recorded bid was listed for 16,283 . The volume for the day was 6.6 K. This history from November 15, 2023 contributed to the next trading day price decline. The trading date delta to the next closing price was 0.54% . The trading date delta to the current price is 3.58% . |
ZF Commercial Vehicle Fundamentals Correlations and Trends
By evaluating ZF Commercial'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 ZF Commercial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZFCVINDIA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZF Commercial Stock history
ZF Commercial 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 ZFCVINDIA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZF Commercial Vehicle 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 ZF Commercial stock prices may prove useful in developing a viable investing in ZF Commercial
ZF Commercial Stock Technical Analysis
ZF Commercial 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
ZF Commercial Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
ZF Commercial Vehicle cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
ZF Commercial January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how ZF Commercial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZF Commercial shares will generate the highest return on investment. By undertsting and applying ZF Commercial stock market strength indicators, traders can identify ZF Commercial Vehicle entry and exit signals to maximize returns
ZF Commercial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZF Commercial's price direction in advance. Along with the technical and fundamental analysis of ZFCVINDIA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZFCVINDIA 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 | (0.12) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (73.63) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for ZFCVINDIA Stock analysis
When running ZF Commercial's price analysis, check to measure ZF Commercial'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 ZF Commercial is operating at the current time. Most of ZF Commercial's value examination focuses on studying past and present price action to predict the probability of ZF Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZF Commercial's price. Additionally, you may evaluate how the addition of ZF Commercial to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |