Zions Ebit Per Revenue from 2010 to 2024
ZION Stock | USD 60.52 0.16 0.26% |
Ebit Per Revenue | First Reported 2010-12-31 | Previous Quarter 0.39001848 | Current Value 0.67 | Quarterly Volatility 0.10573229 |
Check Zions Bancorporation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zions Bancorporation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 81.6 M, Interest Expense of 1.6 B or Selling General Administrative of 677.4 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.022 or PTB Ratio of 1.69. Zions financial statements analysis is a perfect complement when working with Zions Bancorporation Valuation or Volatility modules.
Zions | Ebit Per Revenue |
Latest Zions Bancorporation's Ebit Per Revenue Growth Pattern
Below is the plot of the Ebit Per Revenue of Zions Bancorporation over the last few years. It is Zions Bancorporation's Ebit Per Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zions Bancorporation's overall financial position and show how it may be relating to other accounts over time.
Ebit Per Revenue | 10 Years Trend |
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Ebit Per Revenue |
Timeline |
Zions Ebit Per Revenue Regression Statistics
Arithmetic Mean | 0.39 | |
Geometric Mean | 0.38 | |
Coefficient Of Variation | 26.94 | |
Mean Deviation | 0.07 | |
Median | 0.39 | |
Standard Deviation | 0.11 | |
Sample Variance | 0.01 | |
Range | 0.4291 | |
R-Value | 0.47 | |
Mean Square Error | 0.01 | |
R-Squared | 0.22 | |
Significance | 0.08 | |
Slope | 0.01 | |
Total Sum of Squares | 0.16 |
Zions Ebit Per Revenue History
About Zions Bancorporation Financial Statements
Zions Bancorporation investors utilize fundamental indicators, such as Ebit Per Revenue, to predict how Zions Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Ebit Per Revenue | 0.39 | 0.67 |
Pair Trading with Zions Bancorporation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zions Bancorporation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.Moving together with Zions Stock
0.95 | AX | Axos Financial | PairCorr |
0.94 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.65 | KB | KB Financial Group | PairCorr |
Moving against Zions Stock
0.73 | CFG-PE | Citizens Financial | PairCorr |
0.72 | TFC-PO | Truist Financial | PairCorr |
0.68 | TFC-PR | Truist Financial | PairCorr |
0.34 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zions Bancorporation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zions Bancorporation to buy it.
The correlation of Zions Bancorporation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zions Bancorporation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Zions Bancorporation Correlation against competitors. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Regional Banks space 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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 0.212 | Dividend Share 1.64 | Earnings Share 4.39 | Revenue Per Share 20.433 | Quarterly Revenue Growth 0.076 |
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.