Ermenegildo Zegna Nv Stock Momentum Indicators Average Directional Movement Index

ZGN Stock  USD 8.09  0.21  2.66%   
Ermenegildo Zegna momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Ermenegildo Zegna. Ermenegildo Zegna value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Ermenegildo Zegna are pattern recognition functions that provide distinct formation on Ermenegildo Zegna potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The average directional index (ADX) measures the strength of a prevailing trend of Ermenegildo Zegna and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Ermenegildo Zegna ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Ermenegildo Zegna Technical Analysis Modules

Most technical analysis of Ermenegildo Zegna help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ermenegildo from various momentum indicators to cycle indicators. When you analyze Ermenegildo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Ermenegildo Zegna Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ermenegildo Zegna NV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ermenegildo Zegna NV based on widely used predictive technical indicators. In general, we focus on analyzing Ermenegildo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ermenegildo Zegna's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Ermenegildo Zegna's intrinsic value. In addition to deriving basic predictive indicators for Ermenegildo Zegna, we also check how macroeconomic factors affect Ermenegildo Zegna price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 (projected)
Dividend Yield5.7E-50.0092390.009445
Price To Sales Ratio1.451.561.39
Hype
Prediction
LowEstimatedHigh
5.168.2111.26
Details
Intrinsic
Valuation
LowRealHigh
6.909.9513.00
Details
Naive
Forecast
LowNextHigh
5.148.1811.23
Details
6 Analysts
Consensus
LowTargetHigh
14.7316.1917.97
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ermenegildo Zegna. Your research has to be compared to or analyzed against Ermenegildo Zegna's peers to derive any actionable benefits. When done correctly, Ermenegildo Zegna's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ermenegildo Zegna.

Align your values with your investing style

In addition to having Ermenegildo Zegna in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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.
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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.
When determining whether Ermenegildo Zegna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ermenegildo Zegna's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ermenegildo Zegna Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ermenegildo Zegna Nv Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Apparel, Accessories & Luxury Goods 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 Ermenegildo Zegna. If investors know Ermenegildo 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 Ermenegildo Zegna 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
(0.47)
Dividend Share
0.12
Earnings Share
0.42
Revenue Per Share
7.839
Quarterly Revenue Growth
0.063
The market value of Ermenegildo Zegna is measured differently than its book value, which is the value of Ermenegildo that is recorded on the company's balance sheet. Investors also form their own opinion of Ermenegildo Zegna's value that differs from its market value or its book value, called intrinsic value, which is Ermenegildo Zegna'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 Ermenegildo Zegna's market value can be influenced by many factors that don't directly affect Ermenegildo Zegna'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 Ermenegildo Zegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ermenegildo Zegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ermenegildo Zegna'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.