Zions Bancorporation's market value is the price at which a share of Zions Bancorporation trades on a public exchange. It measures the collective expectations of Zions Bancorporation National investors about its performance. Zions Bancorporation is trading at 51.80 as of the 11th of January 2025. This is a 2.45% down since the beginning of the trading day. The stock's lowest day price was 51.8. With this module, you can estimate the performance of a buy and hold strategy of Zions Bancorporation National and determine expected loss or profit from investing in Zions Bancorporation over a given investment horizon. Check out Zions Bancorporation Correlation, Zions Bancorporation Volatility and Zions Bancorporation Alpha and Beta module to complement your research on Zions Bancorporation. For more detail on how to invest in Zions Stock please use our How to Invest in Zions Bancorporation guide.
Please note, there is a significant difference between Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.
Zions Bancorporation '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 Zions Bancorporation'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 Zions Bancorporation.
0.00
01/22/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/11/2025
0.00
If you would invest 0.00 in Zions Bancorporation on January 22, 2023 and sell it all today you would earn a total of 0.00 from holding Zions Bancorporation National or generate 0.0% return on investment in Zions Bancorporation over 720 days. Zions Bancorporation is related to or competes with Charter Communications, Ecotel Communication, Silicon Motion, X-FAB Silicon, TRI CHEMICAL, Zoom Video, and Sinopec Shanghai. Zions Bancorporation, National Association provides various banking and related services primarily in Arizona, Californi... More
Zions Bancorporation 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 Zions Bancorporation'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 Zions Bancorporation National 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 Zions Bancorporation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zions Bancorporation's standard deviation. In reality, there are many statistical measures that can use Zions Bancorporation historical prices to predict the future Zions Bancorporation's volatility.
Zions Bancorporation appears to be very steady, given 3 months investment horizon. Zions Bancorporation shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Zions Bancorporation, which you can use to evaluate the volatility of the company. Please utilize Zions Bancorporation's Mean Deviation of 1.62, market risk adjusted performance of (0.96), and Downside Deviation of 1.6 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zions Bancorporation holds a performance score of 8. The firm maintains a market beta of -0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zions Bancorporation are expected to decrease at a much lower rate. During the bear market, Zions Bancorporation is likely to outperform the market. Please check Zions Bancorporation's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Zions Bancorporation's historical returns will revert.
Auto-correlation
0.15
Insignificant predictability
Zions Bancorporation National has insignificant predictability. Overlapping area represents the amount of predictability between Zions Bancorporation time series from 22nd of January 2023 to 17th of January 2024 and 17th of January 2024 to 11th 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 Zions Bancorporation price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Zions Bancorporation price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.12
Residual Average
0.0
Price Variance
42.38
Zions Bancorporation lagged returns against current returns
Autocorrelation, which is Zions Bancorporation 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 Zions Bancorporation's stock expected returns. We can calculate the autocorrelation of Zions Bancorporation returns to help us make a trade decision. For example, suppose you find that Zions Bancorporation 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
Zions Bancorporation 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 Zions Bancorporation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zions Bancorporation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zions Bancorporation stock over time.
Current vs Lagged Prices
Timeline
Zions Bancorporation Lagged Returns
When evaluating Zions Bancorporation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zions Bancorporation stock have on its future price. Zions Bancorporation 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, Zions Bancorporation autocorrelation shows the relationship between Zions Bancorporation stock current value and its past values and can show if there is a momentum factor associated with investing in Zions Bancorporation National.
Zions Bancorporation financial ratios help investors to determine whether Zions 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 Zions with respect to the benefits of owning Zions Bancorporation security.