Ermenegildo Zegna Nv Stock Technical Analysis
| ZGN Stock | USD 7.88 0.06 0.77% |
As of the 28th of November, Ermenegildo Zegna shows the Standard Deviation of 3.05, variance of 9.3, and Mean Deviation of 2.23. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Ermenegildo Zegna, as well as the relationship between them.
Ermenegildo Zegna Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ermenegildo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ErmenegildoErmenegildo |
Ermenegildo Zegna Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 16.19 | Hold | 6 | Odds |
Most Ermenegildo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ermenegildo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ermenegildo Zegna, talking to its executives and customers, or listening to Ermenegildo conference calls.
Ermenegildo Zegna technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Ermenegildo Zegna Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ermenegildo Zegna volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ermenegildo Zegna Trend Analysis
Use this graph to draw trend lines for Ermenegildo Zegna NV. You can use it to identify possible trend reversals for Ermenegildo Zegna as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ermenegildo Zegna price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ermenegildo Zegna Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ermenegildo Zegna NV applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that the returns on investment in Ermenegildo Zegna NV will continue to fail. It has 122 observation points and a regression sum of squares at 65.11, which is the sum of squared deviations for the predicted Ermenegildo Zegna price change compared to its average price change.About Ermenegildo Zegna Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ermenegildo Zegna NV on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ermenegildo Zegna NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ermenegildo Zegna price pattern first instead of the macroeconomic environment surrounding Ermenegildo Zegna. By analyzing Ermenegildo Zegna's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ermenegildo Zegna's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ermenegildo Zegna specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 5.7E-5 | 0.009239 | 0.009445 | Price To Sales Ratio | 1.45 | 1.56 | 1.39 |
Ermenegildo Zegna November 28, 2024 Technical Indicators
Most technical analysis of Ermenegildo 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.70) | |||
| Mean Deviation | 2.23 | |||
| Coefficient Of Variation | (801.18) | |||
| Standard Deviation | 3.05 | |||
| Variance | 9.3 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (0.71) | |||
| Maximum Drawdown | 14.37 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 4.2 | |||
| Skewness | 0.0394 | |||
| Kurtosis | 1.37 |
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.