ZenaTech Launches Quantum Computing Project for Traffic Optimization and Weather Forecasting Using Drones
| ZENA Stock | 6.97 0.32 4.39% |
About 62% of ZenaTech's investor base is looking to short. The analysis of overall sentiment of trading ZenaTech stock suggests that many investors are alarmed at this time. The current market sentiment, together with ZenaTech's historical and current headlines, can help investors time the market. In addition, many technical investors use ZenaTech stock news signals to limit their universe of possible portfolio assets.
ZenaTech |
TORONTO, Dec. 12, 2024 -- ZenaTech, Inc. , a technology company specializing in AI drone solutions, Drone-as-a-Service , Quantum Computing solutions, and enterprise SaaS solutions, today announces the launch of a Quantum Computing project for traffic optimization and weather forecasting using the companys drones. The project, called Sky Traffic, was developed following interest receive
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ZenaTech Fundamental Analysis
We analyze ZenaTech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZenaTech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZenaTech 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.
Net Asset
Net Asset Comparative Analysis
ZenaTech is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
ZenaTech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ZenaTech stock to make a market-neutral strategy. Peer analysis of ZenaTech could also be used in its relative valuation, which is a method of valuing ZenaTech by comparing valuation metrics with similar companies.
Peers
ZenaTech Related Equities
| PRKS | United Parks | 0.27 | ||||
| PLNT | Planet Fitness | 0.08 | ||||
| GZITF | Yuexiu Transport | 0.00 | ||||
| VRRM | Verra Mobility | 0.92 | ||||
| SNCY | Sun Country | 2.10 | ||||
| APOG | Apogee Enterprises | 2.22 | ||||
| HAS | Hasbro | 3.58 | ||||
| FNKO | Funko | 3.70 |
Complementary Tools for ZenaTech Stock analysis
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