Zoom Video Communications Stock Market Value
| ZM Stock | USD 61.82 1.01 1.61% |
| Symbol | Zoom |
Zoom Video Communications Price To Book Ratio
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.
Zoom Video '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 Zoom Video'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 Zoom Video.
| 04/06/2024 |
| 05/06/2024 |
If you would invest 0.00 in Zoom Video on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Zoom Video Communications or generate 0.0% return on investment in Zoom Video over 30 days. Zoom Video is related to or competes with C3 Ai, Shopify, Salesforce, Workday, Snowflake, Trade Desk, and Autodesk. Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the ... More
Zoom Video 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 Zoom Video'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 Zoom Video Communications upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.62 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.82 |
Zoom Video Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zoom Video's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zoom Video's standard deviation. In reality, there are many statistical measures that can use Zoom Video historical prices to predict the future Zoom Video's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zoom Video'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.
Zoom Video Communications Backtested Returns
Zoom Video Communications shows Sharpe Ratio of -0.0145, which attests that the company had a -0.0145% return per unit of risk over the last 3 months. Zoom Video Communications exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zoom Video's Market Risk Adjusted Performance of (0.04), standard deviation of 1.86, and Mean Deviation of 1.31 to validate the risk estimate we provide. The firm maintains a market beta of 1.17, 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, Zoom Video will likely underperform. Zoom Video Communications has an expected return of -0.0275%. Please make sure to check out Zoom Video Communications maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Zoom Video Communications performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Zoom Video Communications has modest reverse predictability. Overlapping area represents the amount of predictability between Zoom Video time series from 6th of April 2024 to 21st of April 2024 and 21st of April 2024 to 6th 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 Zoom Video Communications price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Zoom Video price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.86 |
Zoom Video Communications lagged returns against current returns
Autocorrelation, which is Zoom Video 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 Zoom Video's stock expected returns. We can calculate the autocorrelation of Zoom Video returns to help us make a trade decision. For example, suppose you find that Zoom Video 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 |
Zoom Video 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 Zoom Video stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zoom Video stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zoom Video stock over time.
Current vs Lagged Prices |
| Timeline |
Zoom Video Lagged Returns
When evaluating Zoom Video's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zoom Video stock have on its future price. Zoom Video 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, Zoom Video autocorrelation shows the relationship between Zoom Video stock current value and its past values and can show if there is a momentum factor associated with investing in Zoom Video Communications.
Regressed Prices |
| Timeline |
Zoom Video Investors Sentiment
The influence of Zoom Video'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 Zoom. 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 Zoom Video's public news can be used to forecast risks associated with an investment in Zoom. The trend in average sentiment can be used to explain how an investor holding Zoom can time the market purely based on public headlines and social activities around Zoom Video Communications. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zoom Video'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 Zoom Video'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 Zoom Video's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Zoom Video.
Zoom Video Implied Volatility | 32.09 |
Zoom Video's implied volatility exposes the market's sentiment of Zoom Video Communications stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zoom Video's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Zoom Video stock will not fluctuate a lot when Zoom Video's options are near their expiration.
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 Zoom Video 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, Zoom Video's short interest history, or implied volatility extrapolated from Zoom Video 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 Zoom Video Communications is a strong investment it is important to analyze Zoom Video'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 Zoom Video's future performance. For an informed investment choice regarding Zoom Stock, refer to the following important reports:Check out Zoom Video Correlation, Zoom Video Volatility and Zoom Video Alpha and Beta module to complement your research on Zoom Video. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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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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.