Zonetail Stock Market Value
| ZTLLF Stock | USD 0.01 0 26.47% |
| Symbol | Zonetail |
Zonetail '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 Zonetail's otc 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 Zonetail.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Zonetail on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Zonetail or generate 0.0% return on investment in Zonetail over 90 days. Zonetail is related to or competes with Integrated Ventures, LifeSpeak, Wishpond Technologies, Mobivity Holdings, Pubmatic, Workday, and Digital Turbine. Zonetail Inc. provides a mobile platform to hotels and condominiums Its mobile platforms connect the guests of a hotel a... More
Zonetail 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 Zonetail's otc 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 Zonetail upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0708 | |||
| Maximum Drawdown | 29.11 |
Zonetail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zonetail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zonetail's standard deviation. In reality, there are many statistical measures that can use Zonetail historical prices to predict the future Zonetail's volatility.| Risk Adjusted Performance | 0.0589 | |||
| Jensen Alpha | 0.2313 | |||
| Total Risk Alpha | 1.35 | |||
| Treynor Ratio | (0.24) |
Zonetail Backtested Returns
Zonetail appears to be out of control, given 3 months investment horizon. Zonetail shows Sharpe Ratio of 0.0584, which attests that the company had a 0.0584 % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Zonetail, which you can use to evaluate the volatility of the company. Please utilize Zonetail's Market Risk Adjusted Performance of (0.23), standard deviation of 7.46, and Mean Deviation of 2.4 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zonetail holds a performance score of 4. The firm maintains a market beta of -1.72, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Zonetail are expected to decrease by larger amounts. On the other hand, during market turmoil, Zonetail is expected to outperform it. Please check Zonetail's total risk alpha, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to make a quick decision on whether Zonetail's historical returns will revert.
Auto-correlation | 0.28 |
Poor predictability
Zonetail has poor predictability. Overlapping area represents the amount of predictability between Zonetail time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Zonetail price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Zonetail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zonetail lagged returns against current returns
Autocorrelation, which is Zonetail otc 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 Zonetail's otc stock expected returns. We can calculate the autocorrelation of Zonetail returns to help us make a trade decision. For example, suppose you find that Zonetail has exhibited high autocorrelation historically, and you observe that the otc 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 |
Zonetail 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 Zonetail otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zonetail otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zonetail otc stock over time.
Current vs Lagged Prices |
| Timeline |
Zonetail Lagged Returns
When evaluating Zonetail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zonetail otc stock have on its future price. Zonetail 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, Zonetail autocorrelation shows the relationship between Zonetail otc stock current value and its past values and can show if there is a momentum factor associated with investing in Zonetail.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Zonetail OTC Stock
Zonetail financial ratios help investors to determine whether Zonetail OTC 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 Zonetail with respect to the benefits of owning Zonetail security.