Zjk Industrial Co, Stock Market Value
| ZJK Stock | 4.96 0.19 3.69% |
| Symbol | ZJK |
Is Construction Materials 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 ZJK Industrial. If investors know ZJK 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 ZJK Industrial 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 1.07 | Earnings Share 0.17 | Revenue Per Share 0.598 | Quarterly Revenue Growth 0.728 |
The market value of ZJK Industrial Co, is measured differently than its book value, which is the value of ZJK that is recorded on the company's balance sheet. Investors also form their own opinion of ZJK Industrial's value that differs from its market value or its book value, called intrinsic value, which is ZJK Industrial's 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 ZJK Industrial's market value can be influenced by many factors that don't directly affect ZJK Industrial's 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 ZJK Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZJK Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZJK Industrial'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.
ZJK Industrial '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 ZJK Industrial'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 ZJK Industrial.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in ZJK Industrial on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding ZJK Industrial Co, or generate 0.0% return on investment in ZJK Industrial over 90 days. ZJK Industrial is related to or competes with BRP, Gentex, Lend Lease, Multi Ways, Federal Home, United Rentals, and Global Net. ZJK Industrial is entity of United States More
ZJK Industrial 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 ZJK Industrial'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 ZJK Industrial Co, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 45.99 | |||
| Value At Risk | (10.76) | |||
| Potential Upside | 13.02 |
ZJK Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZJK Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZJK Industrial's standard deviation. In reality, there are many statistical measures that can use ZJK Industrial historical prices to predict the future ZJK Industrial's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.1926 | |||
| Treynor Ratio | (0.13) |
ZJK Industrial Co, Backtested Returns
ZJK Industrial Co, shows Sharpe Ratio of -0.1, which attests that the company had a -0.1 % return per unit of standard deviation over the last 3 months. ZJK Industrial Co, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZJK Industrial's Standard Deviation of 8.13, risk adjusted performance of (0.02), and Mean Deviation of 5.86 to validate the risk estimate we provide. The firm maintains a market beta of 2.47, 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, ZJK Industrial will likely underperform. At this point, ZJK Industrial Co, has a negative expected return of -0.76%. Please make sure to check out ZJK Industrial's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if ZJK Industrial Co, performance from the past will be repeated at future time.
Auto-correlation | 0.64 |
Good predictability
ZJK Industrial Co, has good predictability. Overlapping area represents the amount of predictability between ZJK Industrial time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th 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 ZJK Industrial Co, price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current ZJK Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 2.27 |
ZJK Industrial Co, lagged returns against current returns
Autocorrelation, which is ZJK Industrial 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 ZJK Industrial's stock expected returns. We can calculate the autocorrelation of ZJK Industrial returns to help us make a trade decision. For example, suppose you find that ZJK Industrial 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 |
ZJK Industrial 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 ZJK Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZJK Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZJK Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
ZJK Industrial Lagged Returns
When evaluating ZJK Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZJK Industrial stock have on its future price. ZJK Industrial 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, ZJK Industrial autocorrelation shows the relationship between ZJK Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in ZJK Industrial Co,.
Regressed Prices |
| Timeline |
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ZJK Industrial 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.