Zoominfo Technologies Stock Market Value
| ZI Stock | USD 10.94 0.06 0.55% |
| Symbol | ZoomInfo |
ZoomInfo Technologies Price To Book Ratio
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZoomInfo Technologies. If investors know ZoomInfo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZoomInfo Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share 0.03 | Revenue Per Share 3.275 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0184 |
The market value of ZoomInfo Technologies is measured differently than its book value, which is the value of ZoomInfo that is recorded on the company's balance sheet. Investors also form their own opinion of ZoomInfo Technologies' value that differs from its market value or its book value, called intrinsic value, which is ZoomInfo Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZoomInfo Technologies' market value can be influenced by many factors that don't directly affect ZoomInfo Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZoomInfo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ZoomInfo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZoomInfo Technologies' 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.
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.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in ZoomInfo Technologies on December 12, 2022 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 720 days. ZoomInfo Technologies is related to or competes with MondayCom, Datadog, Gitlab, HubSpot, Bill, Asana, and Atlassian Corp. ZoomInfo Technologies Inc., through its subsidiaries, provides go-to-market intelligence and engagement platform for sal... More
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.
| Downside Deviation | 4.3 | |||
| Information Ratio | 0.0303 | |||
| Maximum Drawdown | 25.3 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 5.08 |
ZoomInfo Technologies Market Risk Indicators
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.| Risk Adjusted Performance | 0.0613 | |||
| Jensen Alpha | 0.0406 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0244 | |||
| Treynor Ratio | 0.1546 |
ZoomInfo Technologies Backtested Returns
ZoomInfo Technologies appears to be somewhat reliable, given 3 months investment horizon. ZoomInfo Technologies shows Sharpe Ratio of 0.062, which attests that the company had a 0.062% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ZoomInfo Technologies, which you can use to evaluate the volatility of the company. Please utilize ZoomInfo Technologies' Market Risk Adjusted Performance of 0.1646, downside deviation of 4.3, and Mean Deviation of 2.17 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 4. The firm maintains a market beta of 1.5, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ZoomInfo Technologies will likely underperform. Please check ZoomInfo Technologies' downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether ZoomInfo Technologies' historical returns will revert.
Auto-correlation | 0.68 |
Good predictability
ZoomInfo Technologies has good predictability. Overlapping area represents the amount of predictability between ZoomInfo Technologies time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 ZoomInfo Technologies price movement. The serial correlation of 0.68 indicates that around 68.0% of current ZoomInfo Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 8.29 |
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 |
Currently Active Assets on Macroaxis
Check out ZoomInfo Technologies Correlation, ZoomInfo Technologies Volatility and ZoomInfo Technologies Alpha and Beta module to complement your research on ZoomInfo Technologies. For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
ZoomInfo Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.