Zalando Se Adr Stock Market Value
| ZLNDY Stock | USD 15.52 0.45 2.99% |
| Symbol | ZALANDO |
ZALANDO SE '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 ZALANDO SE'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 ZALANDO SE.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in ZALANDO SE on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding ZALANDO SE ADR or generate 0.0% return on investment in ZALANDO SE over 180 days. ZALANDO SE is related to or competes with ASOS Plc, Boohoo PLC, Allegroeu, AKA Brands, ASOS Plc, Wayfair, and Etsy. Zalando SE operates an online platform for fashion and lifestyle products More
ZALANDO SE 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 ZALANDO SE'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 ZALANDO SE ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.0529 | |||
| Maximum Drawdown | 17.28 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 3.53 |
ZALANDO SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZALANDO SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZALANDO SE's standard deviation. In reality, there are many statistical measures that can use ZALANDO SE historical prices to predict the future ZALANDO SE's volatility.| Risk Adjusted Performance | 0.0905 | |||
| Jensen Alpha | 0.2342 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0631 | |||
| Treynor Ratio | 1.47 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ZALANDO SE'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.
ZALANDO SE ADR Backtested Returns
ZALANDO SE appears to be not too volatile, given 3 months investment horizon. ZALANDO SE ADR shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for ZALANDO SE ADR, which you can use to evaluate the volatility of the entity. Please utilize ZALANDO SE's Risk Adjusted Performance of 0.0905, downside deviation of 2.04, and Mean Deviation of 1.69 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ZALANDO SE holds a performance score of 11. The firm maintains a market beta of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ZALANDO SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZALANDO SE is expected to be smaller as well. Please check ZALANDO SE's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether ZALANDO SE's historical returns will revert.
Auto-correlation | 0.12 |
Insignificant predictability
ZALANDO SE ADR has insignificant predictability. Overlapping area represents the amount of predictability between ZALANDO SE time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 ZALANDO SE ADR price movement. The serial correlation of 0.12 indicates that less than 12.0% of current ZALANDO SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1.74 |
ZALANDO SE ADR lagged returns against current returns
Autocorrelation, which is ZALANDO SE 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 ZALANDO SE's pink sheet expected returns. We can calculate the autocorrelation of ZALANDO SE returns to help us make a trade decision. For example, suppose you find that ZALANDO SE 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 |
ZALANDO SE 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 ZALANDO SE pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZALANDO SE pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZALANDO SE pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ZALANDO SE Lagged Returns
When evaluating ZALANDO SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZALANDO SE pink sheet have on its future price. ZALANDO SE 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, ZALANDO SE autocorrelation shows the relationship between ZALANDO SE pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ZALANDO SE ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ZALANDO Pink Sheet Analysis
When running ZALANDO SE's price analysis, check to measure ZALANDO SE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZALANDO SE is operating at the current time. Most of ZALANDO SE's value examination focuses on studying past and present price action to predict the probability of ZALANDO SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZALANDO SE's price. Additionally, you may evaluate how the addition of ZALANDO SE to your portfolios can decrease your overall portfolio volatility.