ZION OIL (Germany) Market Value

3QO Stock  EUR 0.03  0.00  0.00%   
ZION OIL's market value is the price at which a share of ZION OIL trades on a public exchange. It measures the collective expectations of ZION OIL GAS investors about its performance. ZION OIL is trading at 0.0275 as of the 14th of March 2025, a No Change since the beginning of the trading day. The stock's lowest day price was 0.0275.
With this module, you can estimate the performance of a buy and hold strategy of ZION OIL GAS and determine expected loss or profit from investing in ZION OIL over a given investment horizon. Check out ZION OIL Correlation, ZION OIL Volatility and ZION OIL Alpha and Beta module to complement your research on ZION OIL.
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Please note, there is a significant difference between ZION OIL's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZION OIL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZION OIL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

ZION OIL 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ZION OIL's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ZION OIL.
0.00
12/14/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/14/2025
0.00
If you would invest  0.00  in ZION OIL on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding ZION OIL GAS or generate 0.0% return on investment in ZION OIL over 90 days. ZION OIL is related to or competes with Wayside Technology, Eastman Chemical, PKSHA TECHNOLOGY, COMPUTERSHARE, X-FAB Silicon, SEKISUI CHEMICAL, and Siamgas. More

ZION OIL Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ZION OIL's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ZION OIL GAS upside and downside potential and time the market with a certain degree of confidence.

ZION OIL Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ZION OIL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZION OIL's standard deviation. In reality, there are many statistical measures that can use ZION OIL historical prices to predict the future ZION OIL's volatility.
Hype
Prediction
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0.020.030.03
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Intrinsic
Valuation
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ZION OIL GAS Backtested Returns

We have found three technical indicators for ZION OIL GAS, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and ZION OIL are completely uncorrelated.

Auto-correlation

    
  1.00  

Perfect predictability

ZION OIL GAS has perfect predictability. Overlapping area represents the amount of predictability between ZION OIL time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ZION OIL GAS price movement. The serial correlation of 1.0 indicates that 100.0% of current ZION OIL price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

ZION OIL GAS lagged returns against current returns

Autocorrelation, which is ZION OIL stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ZION OIL's stock expected returns. We can calculate the autocorrelation of ZION OIL returns to help us make a trade decision. For example, suppose you find that ZION OIL has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
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ZION OIL regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ZION OIL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZION OIL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZION OIL stock over time.
   Current vs Lagged Prices   
       Timeline  

ZION OIL Lagged Returns

When evaluating ZION OIL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZION OIL stock have on its future price. ZION OIL autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ZION OIL autocorrelation shows the relationship between ZION OIL stock current value and its past values and can show if there is a momentum factor associated with investing in ZION OIL GAS.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in ZION Stock

ZION OIL financial ratios help investors to determine whether ZION 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 ZION with respect to the benefits of owning ZION OIL security.