ZoomInfo Technologies' market value is the price at which a share of ZoomInfo Technologies trades on a public exchange. It measures the collective expectations of ZoomInfo Technologies investors about its performance. ZoomInfo Technologies is trading at 8.42 as of the 4th of January 2025, a 5.65% up since the beginning of the trading day. The stock's open price was 7.97. With this module, you can estimate the performance of a buy and hold strategy of ZoomInfo Technologies and determine expected loss or profit from investing in ZoomInfo Technologies over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
ZoomInfo
ZoomInfo Technologies '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 ZoomInfo Technologies' 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 ZoomInfo Technologies.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in ZoomInfo Technologies on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding ZoomInfo Technologies or generate 0.0% return on investment in ZoomInfo Technologies over 60 days.
ZoomInfo Technologies 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 ZoomInfo Technologies' 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 ZoomInfo Technologies upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZoomInfo Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZoomInfo Technologies' standard deviation. In reality, there are many statistical measures that can use ZoomInfo Technologies historical prices to predict the future ZoomInfo Technologies' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ZoomInfo Technologies. Your research has to be compared to or analyzed against ZoomInfo Technologies' peers to derive any actionable benefits. When done correctly, ZoomInfo Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ZoomInfo Technologies.
ZoomInfo Technologies Backtested Returns
ZoomInfo Technologies appears to be somewhat reliable, given 3 months investment horizon. ZoomInfo Technologies shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for ZoomInfo Technologies, which you can use to evaluate the volatility of the company. Please utilize ZoomInfo Technologies' Standard Deviation of 2.55, mean deviation of 1.29, and Market Risk Adjusted Performance of (1.94) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ZoomInfo Technologies holds a performance score of 10. The firm maintains a market beta of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ZoomInfo Technologies are expected to decrease at a much lower rate. During the bear market, ZoomInfo Technologies is likely to outperform the market. Please check ZoomInfo Technologies' skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to make a quick decision on whether ZoomInfo Technologies' historical returns will revert.
Auto-correlation
-0.37
Poor reverse predictability
ZoomInfo Technologies has poor reverse predictability. Overlapping area represents the amount of predictability between ZoomInfo Technologies time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 ZoomInfo Technologies price movement. The serial correlation of -0.37 indicates that just about 37.0% of current ZoomInfo Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.37
Spearman Rank Test
-0.11
Residual Average
0.0
Price Variance
0.02
ZoomInfo Technologies lagged returns against current returns
Autocorrelation, which is ZoomInfo Technologies 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 ZoomInfo Technologies' stock expected returns. We can calculate the autocorrelation of ZoomInfo Technologies returns to help us make a trade decision. For example, suppose you find that ZoomInfo Technologies 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
ZoomInfo Technologies 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 ZoomInfo Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZoomInfo Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZoomInfo Technologies stock over time.
Current vs Lagged Prices
Timeline
ZoomInfo Technologies Lagged Returns
When evaluating ZoomInfo Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZoomInfo Technologies stock have on its future price. ZoomInfo Technologies 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, ZoomInfo Technologies autocorrelation shows the relationship between ZoomInfo Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in ZoomInfo Technologies.
Regressed Prices
Timeline
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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.