1 Wall Street Analyst Thinks ServiceNow Is Going to 1,230. Is It a Buy Around 1,023?

ZVNIX Fund  USD 37.07  0.86  2.27%   
Slightly above 62% of Zevenbergen Growth's investor base is looking to short. The analysis of overall sentiment of trading Zevenbergen Growth Fund mutual fund suggests that many investors are alarmed at this time. Zevenbergen Growth's investing sentiment can be driven by a variety of factors including economic data, Zevenbergen Growth's earnings reports, geopolitical events, and overall market trends.
  
ServiceNow is one of the biggest software companies on the stock market, and its also been a top performer for much of its history. Among the applications that businesses use it for include inventory and supply chain operations, customer relationship management, and for cybersecurity. Scotiabanks investment firm recently initiated coverage on ServiceNow, with an outperform rating and a price target of 1,230.

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Zevenbergen Growth Fundamental Analysis

We analyze Zevenbergen Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zevenbergen Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zevenbergen Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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

Zevenbergen Growth is currently under evaluation in net asset among similar funds. 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.

Zevenbergen Growth 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 Zevenbergen Growth mutual fund to make a market-neutral strategy. Peer analysis of Zevenbergen Growth could also be used in its relative valuation, which is a method of valuing Zevenbergen Growth by comparing valuation metrics with similar companies.

Other Information on Investing in Zevenbergen Mutual Fund

Zevenbergen Growth financial ratios help investors to determine whether Zevenbergen Mutual Fund 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 Zevenbergen with respect to the benefits of owning Zevenbergen Growth security.
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