Zoom Video Communications Stock Technical Analysis
ZM Stock | USD 65.37 1.25 1.88% |
As of the 29th of March, Zoom Video maintains the Mean Deviation of 1.39, standard deviation of 1.96, and Market Risk Adjusted Performance of (0.10). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zoom Video Communications, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have collected data for thirteen technical drivers for Zoom Video Communications, which can be compared to its rivals. Please check out Zoom Video Communications risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Zoom Video Communications is priced fairly, providing market reflects its latest price of 65.37 per share. Given that Zoom Video Communications has information ratio of (0.14), we strongly advise you to confirm Zoom Video Communications's prevalent market performance to make sure the company can sustain itself at a future point.
Zoom Video Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zoom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZoomZoom |
Zoom Video Analyst Consensus
Target Price | Advice | # of Analysts | |
77.11 | Buy | 34 | Odds |
Most Zoom 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 Zoom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Zoom Video Communications, talking to its executives and customers, or listening to Zoom conference calls.
Zoom Video 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.
Zoom Video Communications 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 Zoom Video Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zoom Video Communications Trend Analysis
Use this graph to draw trend lines for Zoom Video Communications. You can use it to identify possible trend reversals for Zoom Video 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 Zoom Video price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zoom Video Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zoom Video Communications applied against its price change over selected period. The best fit line has a slop of 0.02 , which may indicate that the price for Zoom Video Communications will continue to decline. It has 122 observation points and a regression sum of squares at 19.25, which is the sum of squared deviations for the predicted Zoom Video price change compared to its average price change.About Zoom Video 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 Zoom Video Communications 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 Zoom Video Communications based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zoom Video Communications price pattern first instead of the macroeconomic environment surrounding Zoom Video Communications. By analyzing Zoom Video'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 Zoom Video'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 Zoom Video specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Cash Conversion Cycle | 146.16 | 115.58 | 176.46 | 221.09 | Cash Ratio | 0.67 | 0.63 | 0.88 | 0.66 |
Zoom Video March 29, 2024 Technical Indicators
Most technical analysis of Zoom 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 Zoom from various momentum indicators to cycle indicators. When you analyze Zoom 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | (0.10) | |||
Mean Deviation | 1.39 | |||
Coefficient Of Variation | (1,421) | |||
Standard Deviation | 1.96 | |||
Variance | 3.84 | |||
Information Ratio | (0.14) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | (0.11) | |||
Maximum Drawdown | 12.62 | |||
Value At Risk | (3.00) | |||
Potential Upside | 2.82 | |||
Skewness | 0.9114 | |||
Kurtosis | 3.72 |
Zoom Video March 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Zoom stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 56,908 | ||
Daily Balance Of Power | (0.82) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 66.10 | ||
Day Typical Price | 65.85 | ||
Price Action Indicator | (1.35) |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Zoom Stock analysis
When running Zoom Video's price analysis, check to measure Zoom Video'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 Zoom Video is operating at the current time. Most of Zoom Video's value examination focuses on studying past and present price action to predict the probability of Zoom Video's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoom Video's price. Additionally, you may evaluate how the addition of Zoom Video to your portfolios can decrease your overall portfolio volatility.
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Is Zoom Video'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 Zoom Video. If investors know Zoom 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 Zoom Video 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 1.841 | Earnings Share 2.07 | Revenue Per Share 15.053 | Quarterly Revenue Growth 0.026 | Return On Assets 0.0414 |
The market value of Zoom Video Communications is measured differently than its book value, which is the value of Zoom that is recorded on the company's balance sheet. Investors also form their own opinion of Zoom Video's value that differs from its market value or its book value, called intrinsic value, which is Zoom Video'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 Zoom Video's market value can be influenced by many factors that don't directly affect Zoom Video'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 Zoom Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoom Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoom Video'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.