Zillow Group Stock Market Value
| ZG Stock | USD 39.19 2.25 5.43% |
| Symbol | Zillow |
Zillow Group Price To Book Ratio
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 (0.68) | Revenue Per Share 8.327 | Quarterly Revenue Growth 0.09 | 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.
Zillow 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Zillow's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Zillow.
| 02/02/2024 |
| 05/02/2024 |
If you would invest 0.00 in Zillow on February 2, 2024 and sell it all today you would earn a total of 0.00 from holding Zillow Group or generate 0.0% return on investment in Zillow over 90 days. Zillow is related to or competes with DoorDash, Pinterest, Yelp, Spotify Technology, Twilio, Fiverr International, and Hello. Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and Websites in th... More
Zillow Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Zillow's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Zillow Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 20.65 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 3.87 |
Zillow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zillow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zillow's standard deviation. In reality, there are many statistical measures that can use Zillow historical prices to predict the future Zillow's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zillow's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zillow Group Backtested Returns
Zillow Group shows Sharpe Ratio of -0.17, which attests that the company had a -0.17% return per unit of risk over the last 3 months. Zillow Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zillow's Mean Deviation of 2.01, standard deviation of 2.89, and Market Risk Adjusted Performance of (0.14) to validate the risk estimate we provide. The firm maintains a market beta of 2.45, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Zillow will likely underperform. Zillow Group has an expected return of -0.52%. Please make sure to check out Zillow Group treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Zillow Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.14 |
Insignificant predictability
Zillow Group has insignificant predictability. Overlapping area represents the amount of predictability between Zillow time series from 2nd of February 2024 to 18th of March 2024 and 18th of March 2024 to 2nd of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zillow Group price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Zillow price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 7.5 |
Zillow Group lagged returns against current returns
Autocorrelation, which is Zillow stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Zillow's stock expected returns. We can calculate the autocorrelation of Zillow returns to help us make a trade decision. For example, suppose you find that Zillow has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Zillow regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Zillow stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zillow stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zillow stock over time.
Current vs Lagged Prices |
| Timeline |
Zillow Lagged Returns
When evaluating Zillow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zillow stock have on its future price. Zillow autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Zillow autocorrelation shows the relationship between Zillow stock current value and its past values and can show if there is a momentum factor associated with investing in Zillow Group.
Regressed Prices |
| Timeline |
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Check out Zillow Correlation, Zillow Volatility and Zillow Alpha and Beta module to complement your research on Zillow. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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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