Zscaler Stock Price on September 3, 2024

ZS Stock  USD 177.11  0.74  0.42%   
Below is the normalized historical share price chart for Zscaler extending back to March 16, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zscaler stands at 177.11, as last reported on the 4th of May, with the highest price reaching 178.64 and the lowest price hitting 171.50 during the day.
IPO Date
16th of March 2018
200 Day MA
187.1074
50 Day MA
195.1042
Beta
0.815
 
Covid
If you're considering investing in Zscaler Stock, it is important to understand the factors that can impact its price. Zscaler shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of risk over the last 3 months. Zscaler exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zscaler's Mean Deviation of 1.96, market risk adjusted performance of (0.25), and Standard Deviation of 2.95 to validate the risk estimate we provide.
  
At this time, Zscaler's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 2.2 B in 2024, whereas Common Stock is likely to drop slightly above 105.1 K in 2024. . At this time, Zscaler's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 2.20 in 2024, whereas Price Earnings Ratio is likely to drop (108.57) in 2024. Zscaler Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.131

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Estimated Market Risk

 2.93
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.38
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zscaler 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 Zscaler by adding Zscaler to a well-diversified portfolio.
Price Book
28.3521
Enterprise Value Ebitda
(933.96)
Price Sales
14.3422
Shares Float
92.1 M
Wall Street Target Price
263.66

Zscaler Valuation on September 3, 2024

It is possible to determine the worth of Zscaler on a given historical date. On September 3, 2024 Zscaler was worth 177.77 at the beginning of the trading date compared to the closed value of 177.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zscaler stock. Still, in general, we apply an absolute valuation method to find Zscaler's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Zscaler where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zscaler's related companies.
 Open High Low Close Volume
  175.19    176.40    171.38    176.37    987,113  
05/03/2024
  177.77    178.64    171.50    177.11    2,487,445  
Backtest Zscaler  |  Zscaler History  |  Zscaler Valuation   Previous
Open Value
177.77
168.98
Downside
177.11
Closing Value
186.56
Upside

Zscaler Trading Date Momentum on September 3, 2024

On May 03 2024 Zscaler was traded for  177.11  at the closing time. The highest price during the trading period was 178.64  and the lowest recorded bid was listed for  171.50 . The volume for the day was 2.5 M. This history from May 3, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 0.37% .

Zscaler Fundamentals Correlations and Trends

By evaluating Zscaler's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zscaler's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zscaler financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Zscaler Stock history

Zscaler investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Zscaler is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zscaler will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Zscaler stock prices may prove useful in developing a viable investing in Zscaler
Last ReportedProjected for Next Year
Common Stock Shares Outstanding166.7 M128 M
Net Loss-182.1 M-191.2 M

Zscaler Quarterly Net Working Capital

1.56 Billion

Zscaler Stock Technical Analysis

Zscaler 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.
A focus of Zscaler technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zscaler trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Zscaler Period Price Range

Low
May 3, 2024
-0.66  -0.37%
High

 177.77 

     

 177.11 

Zscaler May 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Zscaler stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zscaler shares will generate the highest return on investment. By undertsting and applying Zscaler stock market strength indicators, traders can identify Zscaler entry and exit signals to maximize returns

Zscaler Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zscaler's price direction in advance. Along with the technical and fundamental analysis of Zscaler Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zscaler to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Zscaler is a strong investment it is important to analyze Zscaler'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 Zscaler's future performance. For an informed investment choice regarding Zscaler Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zscaler. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Zscaler Stock analysis

When running Zscaler's price analysis, check to measure Zscaler'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 Zscaler is operating at the current time. Most of Zscaler's value examination focuses on studying past and present price action to predict the probability of Zscaler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zscaler's price. Additionally, you may evaluate how the addition of Zscaler to your portfolios can decrease your overall portfolio volatility.
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Is Zscaler'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 Zscaler. If investors know Zscaler 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 Zscaler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.95)
Revenue Per Share
12.887
Quarterly Revenue Growth
0.354
Return On Assets
(0.03)
Return On Equity
(0.19)
The market value of Zscaler is measured differently than its book value, which is the value of Zscaler that is recorded on the company's balance sheet. Investors also form their own opinion of Zscaler's value that differs from its market value or its book value, called intrinsic value, which is Zscaler'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 Zscaler's market value can be influenced by many factors that don't directly affect Zscaler'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 Zscaler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zscaler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zscaler'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.