Zinzino AB (Sweden) Market Value

ZZ-B Stock  SEK 87.80  0.10  0.11%   
Zinzino AB's market value is the price at which a share of Zinzino AB trades on a public exchange. It measures the collective expectations of Zinzino AB Series investors about its performance. Zinzino AB is selling for under 87.80 as of the 6th of December 2024; that is 0.11 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 87.3.
With this module, you can estimate the performance of a buy and hold strategy of Zinzino AB Series and determine expected loss or profit from investing in Zinzino AB over a given investment horizon. Check out Zinzino AB Correlation, Zinzino AB Volatility and Zinzino AB Alpha and Beta module to complement your research on Zinzino AB.
Symbol

Please note, there is a significant difference between Zinzino AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zinzino AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zinzino AB'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.

Zinzino AB '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 Zinzino AB'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 Zinzino AB.
0.00
12/12/2023
No Change 0.00  0.0 
In 11 months and 27 days
12/06/2024
0.00
If you would invest  0.00  in Zinzino AB on December 12, 2023 and sell it all today you would earn a total of 0.00 from holding Zinzino AB Series or generate 0.0% return on investment in Zinzino AB over 360 days. Zinzino AB is related to or competes with EWork Group, Softronic, Niloerngruppen, Transtema Group, and Cantargia. Zinzino AB , a direct sales company, engages in the sales of coffee, coffee machines and accessories and research, devel... More

Zinzino AB 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 Zinzino AB'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 Zinzino AB Series upside and downside potential and time the market with a certain degree of confidence.

Zinzino AB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zinzino AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zinzino AB's standard deviation. In reality, there are many statistical measures that can use Zinzino AB historical prices to predict the future Zinzino AB's volatility.
Hype
Prediction
LowEstimatedHigh
85.1087.8090.50
Details
Intrinsic
Valuation
LowRealHigh
71.8974.5996.58
Details
Naive
Forecast
LowNextHigh
89.2691.9694.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
77.7590.02102.29
Details

Zinzino AB Series Backtested Returns

Zinzino AB appears to be very steady, given 3 months investment horizon. Zinzino AB Series shows Sharpe Ratio of 0.0734, which attests that the company had a 0.0734% return per unit of risk over the last 3 months. We have found thirty technical indicators for Zinzino AB Series, which you can use to evaluate the volatility of the company. Please utilize Zinzino AB's Market Risk Adjusted Performance of 0.3448, downside deviation of 3.34, and Mean Deviation of 1.86 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zinzino AB holds a performance score of 5. The firm maintains a market beta of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zinzino AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zinzino AB is expected to be smaller as well. Please check Zinzino AB's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Zinzino AB's historical returns will revert.

Auto-correlation

    
  0.48  

Average predictability

Zinzino AB Series has average predictability. Overlapping area represents the amount of predictability between Zinzino AB time series from 12th of December 2023 to 9th of June 2024 and 9th of June 2024 to 6th 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 Zinzino AB Series price movement. The serial correlation of 0.48 indicates that about 48.0% of current Zinzino AB price fluctuation can be explain by its past prices.
Correlation Coefficient0.48
Spearman Rank Test0.45
Residual Average0.0
Price Variance85.69

Zinzino AB Series lagged returns against current returns

Autocorrelation, which is Zinzino AB 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 Zinzino AB's stock expected returns. We can calculate the autocorrelation of Zinzino AB returns to help us make a trade decision. For example, suppose you find that Zinzino AB 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  

Zinzino AB 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 Zinzino AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zinzino AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zinzino AB stock over time.
   Current vs Lagged Prices   
       Timeline  

Zinzino AB Lagged Returns

When evaluating Zinzino AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zinzino AB stock have on its future price. Zinzino AB 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, Zinzino AB autocorrelation shows the relationship between Zinzino AB stock current value and its past values and can show if there is a momentum factor associated with investing in Zinzino AB Series.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Zinzino Stock Analysis

When running Zinzino AB's price analysis, check to measure Zinzino AB'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 Zinzino AB is operating at the current time. Most of Zinzino AB's value examination focuses on studying past and present price action to predict the probability of Zinzino AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zinzino AB's price. Additionally, you may evaluate how the addition of Zinzino AB to your portfolios can decrease your overall portfolio volatility.