Zillow Stock Forecast - Day Typical Price
| ZG Stock | USD 40.07 0.88 2.25% |
Zillow Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zillow stock prices and determine the direction of Zillow Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zillow's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Zillow's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Zillow's systematic risk associated with finding meaningful patterns of Zillow fundamentals over time.
Check out Historical Fundamental Analysis of Zillow to cross-verify your projections. Zillow |
Open Interest Against 2024-05-17 Zillow Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Zillow's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Zillow's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Zillow stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Zillow's open interest, investors have to compare it to Zillow's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Zillow is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Zillow. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Zillow cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Zillow's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Zillow's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 40.59 | 40.59 |
| Check Zillow Volatility | Backtest Zillow | Information Ratio |
Zillow Trading Date Momentum
| On May 05 2024 Zillow Group was traded for 40.07 at the closing time. The highest price during the trading period was 41.82 and the lowest recorded bid was listed for 39.88 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 1.82% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Zillow to competition |
Other Forecasting Options for Zillow
For every potential investor in Zillow, whether a beginner or expert, Zillow's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zillow Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zillow. Basic forecasting techniques help filter out the noise by identifying Zillow's price trends.Zillow Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Zillow stock to make a market-neutral strategy. Peer analysis of Zillow could also be used in its relative valuation, which is a method of valuing Zillow by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zillow Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Zillow's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Zillow's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Zillow Market Strength Events
Market strength indicators help investors to evaluate how Zillow stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zillow shares will generate the highest return on investment. By undertsting and applying Zillow stock market strength indicators, traders can identify Zillow Group entry and exit signals to maximize returns.
Zillow Risk Indicators
The analysis of Zillow's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Zillow's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zillow stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.07 | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.66 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Zillow Investors Sentiment
The influence of Zillow's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Zillow. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Zillow's public news can be used to forecast risks associated with an investment in Zillow. The trend in average sentiment can be used to explain how an investor holding Zillow can time the market purely based on public headlines and social activities around Zillow Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zillow's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Zillow's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Zillow's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Zillow.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Zillow in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Zillow's short interest history, or implied volatility extrapolated from Zillow options trading.
Also Currently Popular
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 Zillow Group is a strong investment it is important to analyze Zillow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zillow's future performance. For an informed investment choice regarding Zillow Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Zillow to cross-verify your projections. Note that the Zillow Group information on this page should be used as a complementary analysis to other Zillow's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Zillow Stock analysis
When running Zillow's price analysis, check to measure Zillow'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 Zillow is operating at the current time. Most of Zillow's value examination focuses on studying past and present price action to predict the probability of Zillow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zillow's price. Additionally, you may evaluate how the addition of Zillow to your portfolios can decrease your overall portfolio volatility.
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Is Zillow's industry 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 Zillow. If investors know Zillow 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 Zillow 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 (0.25) | Earnings Share (0.69) | Revenue Per Share 8.581 | Quarterly Revenue Growth 0.128 | Return On Assets (0.02) |
The market value of Zillow Group is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow's value that differs from its market value or its book value, called intrinsic value, which is Zillow'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 Zillow's market value can be influenced by many factors that don't directly affect Zillow'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 Zillow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow'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.