Zedge Inc Stock Performance
| ZDGE Stock | USD 2.68 0.03 1.11% |
The firm maintains a market beta of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zedge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zedge is expected to be smaller as well. At this point, Zedge Inc has a negative expected return of -0.22%. Please make sure to check out Zedge's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Zedge Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Zedge Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return (1.11) | Five Day Return 3.88 | Year To Date Return 14.53 | Ten Year Return (48.46) | All Time Return (48.46) |
1 | Disposition of 3654 shares by Michael Jonas of Zedge subject to Rule 16b-3 | 09/06/2024 |
2 | Zedge to Participate in the Maxim Group 2024 Gaming, Media Entertainment Virtual Conference | 09/13/2024 |
3 | Zedge Announces New 5 Million Share Repurchase Program | 09/16/2024 |
4 | Disposition of 7308 shares by Jonathan Reich of Zedge subject to Rule 16b-3 | 09/18/2024 |
5 | Acquisition by Yi Tsai of 3024 shares of Zedge subject to Rule 16b-3 | 09/25/2024 |
6 | Acquisition by Jonathan Reich of 7308 shares of Zedge subject to Rule 16b-3 | 10/11/2024 |
7 | Zedges GuruShots Photography Game Introduces Exciting New Features Onboarding, Missions and Enhanced Game Economy | 10/23/2024 |
8 | Earnings To Watch Zedge Inc Reports Q4 2024 Result | 10/28/2024 |
9 | Zedge Non-GAAP EPS of 0.02, revenue of 7.6M | 10/29/2024 |
10 | Zedge Marketplace Introduces Major Website Updates | 11/13/2024 |
| Begin Period Cash Flow | 18.1 M |
Zedge |
Zedge Relative Risk vs. Return Landscape
If you would invest 319.00 in Zedge Inc on September 1, 2024 and sell it today you would lose (51.00) from holding Zedge Inc or give up 15.99% of portfolio value over 90 days. Zedge Inc is currently does not generate positive expected returns and assumes 3.475% risk (volatility on return distribution) over the 90 days horizon. In different words, 30% of stocks are less volatile than Zedge, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Zedge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zedge's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zedge Inc, and traders can use it to determine the average amount a Zedge's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.062
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZDGE |
Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zedge is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zedge by adding Zedge to a well-diversified portfolio.
Zedge Fundamentals Growth
Zedge Stock prices reflect investors' perceptions of the future prospects and financial health of Zedge, and Zedge fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Zedge Stock performance.
| Return On Equity | -0.26 | ||||
| Return On Asset | 0.0023 | ||||
| Profit Margin | (0.30) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 18.53 M | ||||
| Shares Outstanding | 13.62 M | ||||
| Price To Earning | 8.12 X | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 30.09 M | ||||
| Gross Profit | 24.9 M | ||||
| EBITDA | 2.61 M | ||||
| Net Income | (9.17 M) | ||||
| Cash And Equivalents | 17.09 M | ||||
| Cash Per Share | 1.14 X | ||||
| Total Debt | 203 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 2.15 X | ||||
| Cash Flow From Operations | 5.85 M | ||||
| Earnings Per Share | (0.65) X | ||||
| Market Capitalization | 38.33 M | ||||
| Total Asset | 38.2 M | ||||
| Retained Earnings | (13.11 M) | ||||
| Working Capital | 17.75 M | ||||
| Current Asset | 8.19 M | ||||
| Current Liabilities | 1.99 M | ||||
About Zedge Performance
By analyzing Zedge's fundamental ratios, stakeholders can gain valuable insights into Zedge's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zedge has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Zedge has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (106.53) | (101.20) | |
| Return On Tangible Assets | (0.30) | (0.28) | |
| Return On Capital Employed | (0.37) | (0.35) | |
| Return On Assets | (0.24) | (0.23) | |
| Return On Equity | (0.30) | (0.28) |
Things to note about Zedge Inc performance evaluation
Checking the ongoing alerts about Zedge for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zedge Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zedge Inc generated a negative expected return over the last 90 days | |
| Zedge Inc has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 30.09 M. Net Loss for the year was (9.17 M) with profit before overhead, payroll, taxes, and interest of 24.9 M. | |
| About 16.0% of the company outstanding shares are owned by insiders | |
| Latest headline from accesswire.com: Zedge Marketplace Introduces Major Website Updates |
- Analyzing Zedge's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Zedge's stock is overvalued or undervalued compared to its peers.
- Examining Zedge's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Zedge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zedge's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zedge's stock. These opinions can provide insight into Zedge's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Zedge Stock analysis
When running Zedge's price analysis, check to measure Zedge'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 Zedge is operating at the current time. Most of Zedge's value examination focuses on studying past and present price action to predict the probability of Zedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedge's price. Additionally, you may evaluate how the addition of Zedge to your portfolios can decrease your overall portfolio volatility.
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