Zip Co Limited Stock Market Value
| ZIZTF Stock | USD 1.63 0.14 7.91% |
| Symbol | Zip |
Zip Co '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 Zip Co's pink sheet 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 Zip Co.
| 05/11/2023 |
| 03/01/2025 |
If you would invest 0.00 in Zip Co on May 11, 2023 and sell it all today you would earn a total of 0.00 from holding Zip Co Limited or generate 0.0% return on investment in Zip Co over 660 days. Zip Co is related to or competes with Regional Management, Enova International, Open Lending, Orix Corp, Consumer Portfolio, World Acceptance, and FirstCash. Zip Co Limited provides digital retail finance and payments solutions to consumers, and small and medium sized merchants... More
Zip Co 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 Zip Co's pink sheet 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 Zip Co Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 26.39 | |||
| Value At Risk | (8.48) | |||
| Potential Upside | 8.79 |
Zip Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zip Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zip Co's standard deviation. In reality, there are many statistical measures that can use Zip Co historical prices to predict the future Zip Co's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.4445 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zip Co'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.
Zip Co Limited Backtested Returns
Zip Co Limited shows Sharpe Ratio of -0.0768, which attests that the company had a -0.0768 % return per unit of risk over the last 3 months. Zip Co Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zip Co's Market Risk Adjusted Performance of 0.4545, mean deviation of 3.13, and Standard Deviation of 4.95 to validate the risk estimate we provide. The firm maintains a market beta of -0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zip Co are expected to decrease at a much lower rate. During the bear market, Zip Co is likely to outperform the market. At this point, Zip Co Limited has a negative expected return of -0.39%. Please make sure to check out Zip Co's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Zip Co Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Zip Co Limited has poor predictability. Overlapping area represents the amount of predictability between Zip Co time series from 11th of May 2023 to 5th of April 2024 and 5th of April 2024 to 1st 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 Zip Co Limited price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Zip Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Zip Co Limited lagged returns against current returns
Autocorrelation, which is Zip Co pink sheet'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 Zip Co's pink sheet expected returns. We can calculate the autocorrelation of Zip Co returns to help us make a trade decision. For example, suppose you find that Zip Co has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Zip Co 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 Zip Co pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zip Co pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zip Co pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Zip Co Lagged Returns
When evaluating Zip Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zip Co pink sheet have on its future price. Zip Co 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, Zip Co autocorrelation shows the relationship between Zip Co pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Zip Co Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Zip Pink Sheet
Zip Co financial ratios help investors to determine whether Zip Pink Sheet 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 Zip with respect to the benefits of owning Zip Co security.