Zegona Communications (UK) Market Value

ZEG Stock   675.00  20.00  2.88%   
Zegona Communications' market value is the price at which a share of Zegona Communications trades on a public exchange. It measures the collective expectations of Zegona Communications Plc investors about its performance. Zegona Communications is trading at 675.00 as of the 28th of March 2025, a 2.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 670.0.
With this module, you can estimate the performance of a buy and hold strategy of Zegona Communications Plc and determine expected loss or profit from investing in Zegona Communications over a given investment horizon. Check out Zegona Communications Correlation, Zegona Communications Volatility and Zegona Communications Alpha and Beta module to complement your research on Zegona Communications.
Symbol

Please note, there is a significant difference between Zegona Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zegona Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zegona Communications' 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.

Zegona Communications '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 Zegona Communications' 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 Zegona Communications.
0.00
12/28/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/28/2025
0.00
If you would invest  0.00  in Zegona Communications on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding Zegona Communications Plc or generate 0.0% return on investment in Zegona Communications over 90 days. Zegona Communications is related to or competes with Samsung Electronics, Samsung Electronics, Samsung Electronics, Toyota, Hon Hai, National Atomic, and Reliance Industries. Zegona Communications is entity of United Kingdom More

Zegona Communications 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 Zegona Communications' 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 Zegona Communications Plc upside and downside potential and time the market with a certain degree of confidence.

Zegona Communications Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zegona Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zegona Communications' standard deviation. In reality, there are many statistical measures that can use Zegona Communications historical prices to predict the future Zegona Communications' volatility.
Hype
Prediction
LowEstimatedHigh
668.01670.80742.50
Details
Intrinsic
Valuation
LowRealHigh
607.50720.63723.42
Details
Naive
Forecast
LowNextHigh
732.84735.63738.42
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.15-0.15-0.15
Details

Zegona Communications Plc Backtested Returns

Zegona Communications appears to be very steady, given 3 months investment horizon. Zegona Communications Plc shows Sharpe Ratio of 0.3, which attests that the company had a 0.3 % return per unit of risk over the last 3 months. By examining Zegona Communications' technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Zegona Communications' Market Risk Adjusted Performance of 3.25, downside deviation of 2.39, and Mean Deviation of 2.06 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zegona Communications holds a performance score of 23. The firm maintains a market beta of 0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zegona Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Zegona Communications is expected to be smaller as well. Please check Zegona Communications' jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to make a quick decision on whether Zegona Communications' historical returns will revert.

Auto-correlation

    
  0.91  

Excellent predictability

Zegona Communications Plc has excellent predictability. Overlapping area represents the amount of predictability between Zegona Communications time series from 28th of December 2024 to 11th of February 2025 and 11th of February 2025 to 28th 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 Zegona Communications Plc price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Zegona Communications price fluctuation can be explain by its past prices.
Correlation Coefficient0.91
Spearman Rank Test0.58
Residual Average0.0
Price Variance1998.18
Zegona ReturnsZegona Lagged ReturnsDiversified AwayZegona ReturnsZegona Lagged ReturnsDiversified Away100%

Zegona Communications Plc lagged returns against current returns

Autocorrelation, which is Zegona Communications 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 Zegona Communications' stock expected returns. We can calculate the autocorrelation of Zegona Communications returns to help us make a trade decision. For example, suppose you find that Zegona Communications 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   
JavaScript chart by amCharts 3.21.15Feb 11Feb 16Feb 21Feb 26MarMar 08Mar 13Mar 18Mar 230%5%10%15%20%25%30%35%40% 101001K
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Zegona Communications 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 Zegona Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zegona Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zegona Communications stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 11Feb 16Feb 21Feb 26MarMar 08Mar 13Mar 18Mar 23400450500550600650
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Zegona Communications Lagged Returns

When evaluating Zegona Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zegona Communications stock have on its future price. Zegona Communications 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, Zegona Communications autocorrelation shows the relationship between Zegona Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Zegona Communications Plc.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar400450500550600650700
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Zegona Stock

Zegona Communications financial ratios help investors to determine whether Zegona 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 Zegona with respect to the benefits of owning Zegona Communications security.
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