Zenith Minerals (Australia) Price on December 10, 2024
| ZNC Stock | 0.04 0 2.44% |
Below is the normalized historical share price chart for Zenith Minerals extending back to May 29, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zenith Minerals stands at 0.04, as last reported on the 4th of January, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
If you're considering investing in Zenith Stock, it is important to understand the factors that can impact its price. Zenith Minerals shows Sharpe Ratio of -0.0356, which attests that the company had a -0.0356% return per unit of risk over the last 3 months. Zenith Minerals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zenith Minerals' Market Risk Adjusted Performance of 0.1572, standard deviation of 3.94, and Mean Deviation of 2.54 to validate the risk estimate we provide.
At this time, Zenith Minerals' Common Stock is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 425.5 M in 2025, whereas Total Stockholder Equity is likely to drop slightly above 8.7 M in 2025. . Zenith Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of June 2007 | 200 Day MA 0.0553 | 50 Day MA 0.0435 | Beta 1.371 |
Zenith |
Sharpe Ratio = -0.0356
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| Negative Returns | ZNC |
Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zenith Minerals 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 Zenith Minerals by adding Zenith Minerals to a well-diversified portfolio.
Price Book 1.1611 | Enterprise Value Ebitda (10.09) | Price Sales 24.3861 | Shares Float 274.1 M | Wall Street Target Price 0.29 |
Zenith Minerals Valuation on December 10, 2024
It is possible to determine the worth of Zenith Minerals on a given historical date. On December 10, 2024 Zenith was worth 0.041 at the beginning of the trading date compared to the closed value of 0.041. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zenith Minerals stock. Still, in general, we apply an absolute valuation method to find Zenith Minerals' 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 Zenith Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zenith Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 4,000 | |
12/10/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 34,485 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
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Zenith Minerals Trading Date Momentum on December 10, 2024
| On December 11 2024 Zenith Minerals was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of December 2024 had no short-term effect on price fluctuation. The trading date delta to the closing price today is 2.44% . |
Zenith Minerals Fundamentals Correlations and Trends
By evaluating Zenith Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zenith Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zenith financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zenith Minerals Stock history
Zenith Minerals 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 Zenith is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zenith Minerals 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 Zenith Minerals stock prices may prove useful in developing a viable investing in Zenith Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 405.2 M | 425.5 M | |
| Net Loss | -8.4 M | -8 M |
Zenith Minerals Quarterly Net Working Capital |
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Zenith Minerals Stock Technical Analysis
Zenith Minerals 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
Zenith Minerals Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
Zenith Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Zenith Minerals January 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Zenith Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zenith Minerals shares will generate the highest return on investment. By undertsting and applying Zenith Minerals stock market strength indicators, traders can identify Zenith Minerals entry and exit signals to maximize returns
Zenith Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zenith Minerals' price direction in advance. Along with the technical and fundamental analysis of Zenith Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zenith 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 | (0.01) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.1472 |
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Additional Tools for Zenith Stock Analysis
When running Zenith Minerals' price analysis, check to measure Zenith Minerals' 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 Zenith Minerals is operating at the current time. Most of Zenith Minerals' value examination focuses on studying past and present price action to predict the probability of Zenith Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenith Minerals' price. Additionally, you may evaluate how the addition of Zenith Minerals to your portfolios can decrease your overall portfolio volatility.