Zoom Video (Germany) Market Value
| 5ZM Stock | 79.36 1.32 1.64% |
| Symbol | Zoom |
Zoom Video '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 Zoom Video'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 Zoom Video.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Zoom Video on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Zoom Video Communications or generate 0.0% return on investment in Zoom Video over 360 days. Zoom Video is related to or competes with EAGLE MATERIALS, CyberArk Software, ASURE SOFTWARE, FORMPIPE SOFTWARE, Eagle Materials, and CITY OFFICE. More
Zoom Video 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 Zoom Video'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 Zoom Video Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.1188 | |||
| Maximum Drawdown | 12.64 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.57 |
Zoom Video Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zoom Video's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zoom Video's standard deviation. In reality, there are many statistical measures that can use Zoom Video historical prices to predict the future Zoom Video's volatility.| Risk Adjusted Performance | 0.1474 | |||
| Jensen Alpha | 0.3452 | |||
| Total Risk Alpha | 0.0268 | |||
| Sortino Ratio | 0.13 | |||
| Treynor Ratio | 1.54 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zoom Video's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zoom Video Communications Backtested Returns
Zoom Video appears to be very steady, given 3 months investment horizon. Zoom Video Communications shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zoom Video Communications, which you can use to evaluate the volatility of the company. Please utilize Zoom Video's Mean Deviation of 1.51, downside deviation of 1.91, and Market Risk Adjusted Performance of 1.55 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zoom Video holds a performance score of 14. The firm maintains a market beta of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zoom Video's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zoom Video is expected to be smaller as well. Please check Zoom Video's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Zoom Video's historical returns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Zoom Video Communications has good reverse predictability. Overlapping area represents the amount of predictability between Zoom Video time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zoom Video Communications price movement. The serial correlation of -0.51 indicates that about 51.0% of current Zoom Video price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 56.57 |
Zoom Video Communications lagged returns against current returns
Autocorrelation, which is Zoom Video 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 Zoom Video's stock expected returns. We can calculate the autocorrelation of Zoom Video returns to help us make a trade decision. For example, suppose you find that Zoom Video 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 |
| Timeline |
Zoom Video 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 Zoom Video stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zoom Video stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zoom Video stock over time.
Current vs Lagged Prices |
| Timeline |
Zoom Video Lagged Returns
When evaluating Zoom Video's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zoom Video stock have on its future price. Zoom Video 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, Zoom Video autocorrelation shows the relationship between Zoom Video stock current value and its past values and can show if there is a momentum factor associated with investing in Zoom Video Communications.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Zoom Stock Analysis
When running Zoom Video's price analysis, check to measure Zoom Video's 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 Zoom Video is operating at the current time. Most of Zoom Video's value examination focuses on studying past and present price action to predict the probability of Zoom Video's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoom Video's price. Additionally, you may evaluate how the addition of Zoom Video to your portfolios can decrease your overall portfolio volatility.