Zions Bancorporation National Preferred Stock Current Ratio
| ZIONO Preferred Stock | USD 25.04 0.03 0.12% |
Zions Bancorporation National fundamentals help investors to digest information that contributes to Zions Bancorporation's financial success or failures. It also enables traders to predict the movement of Zions Preferred Stock. The fundamental analysis module provides a way to measure Zions Bancorporation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zions Bancorporation preferred stock.
Zions |
Zions Bancorporation National Company Current Ratio Analysis
Zions Bancorporation's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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In accordance with the recently published financial statements, Zions Bancorporation National has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks—Regional (which currently averages 0.0) industry. The current ratio for all United States preferred stocks is 100.0% higher than that of the company.
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Zions Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0099 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | (5.94 B) | ||||
| Shares Owned By Institutions | 8.76 % | ||||
| Number Of Shares Shorted | 2.84 K | ||||
| Price To Earning | 3.53 X | ||||
| Revenue | 3.03 B | ||||
| Gross Profit | 3.03 B | ||||
| EBITDA | 1.49 B | ||||
| Net Income | 907 M | ||||
| Cash And Equivalents | 5.16 B | ||||
| Cash Per Share | 34.51 X | ||||
| Total Debt | 651 M | ||||
| Book Value Per Share | 29.95 X | ||||
| Cash Flow From Operations | 629 M | ||||
| Short Ratio | 0.37 X | ||||
| Earnings Per Share | 6.17 X | ||||
| Number Of Employees | 9.99 K | ||||
| Beta | 1.15 | ||||
| Total Asset | 89.55 B | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 5.69 % | ||||
| Net Asset | 89.55 B | ||||
| Last Dividend Paid | 1.58 |
About Zions Bancorporation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zions Bancorporation National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zions Bancorporation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zions Bancorporation National based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Zions Bancorporation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zions Bancorporation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.Moving together with Zions Preferred Stock
Moving against Zions Preferred Stock
| 0.7 | BANC-PF | Banc of California | PairCorr |
| 0.62 | EBTC | Enterprise Bancorp | PairCorr |
| 0.62 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.61 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.6 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zions Bancorporation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zions Bancorporation National to buy it.
The correlation of Zions Bancorporation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zions Bancorporation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Zions Preferred Stock
Zions Bancorporation financial ratios help investors to determine whether Zions Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zions with respect to the benefits of owning Zions Bancorporation security.