Zurn Elkay Stock Forecast - Naive Prediction
| ZWS Stock | USD 46.80 0.76 1.60% |
Zurn Stock outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Zurn Elkay's share price is approaching 48. This usually means that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Zurn Elkay, making its price go up or down. Momentum 48
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.452 | EPS Estimate Next Quarter 0.3067 | EPS Estimate Current Year 1.5045 | EPS Estimate Next Year 1.6577 | Wall Street Target Price 51.2222 |
Using Zurn Elkay hype-based prediction, you can estimate the value of Zurn Elkay Water from the perspective of Zurn Elkay response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Zurn Elkay using Zurn Elkay's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Zurn using crowd psychology based on the activity and movement of Zurn Elkay's stock price.
Zurn Elkay Short Interest
An investor who is long Zurn Elkay may also wish to track short interest. As short interest increases, investors should be becoming more worried about Zurn Elkay and may potentially protect profits, hedge Zurn Elkay with its derivative instruments, or be ready for some potential downside.
200 Day MA 42.2138 | Short Percent 0.0344 | Short Ratio 6 | Shares Short Prior Month 5.4 M | 50 Day MA 46.9104 |
Zurn Relative Strength Index
The Naive Prediction forecasted value of Zurn Elkay Water on the next trading day is expected to be 47.75 with a mean absolute deviation of 0.59 and the sum of the absolute errors of 35.90.Zurn Elkay Water Hype to Price Pattern
Investor biases related to Zurn Elkay's public news can be used to forecast risks associated with an investment in Zurn. The trend in average sentiment can be used to explain how an investor holding Zurn can time the market purely based on public headlines and social activities around Zurn Elkay Water. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Zurn Elkay's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Zurn Elkay.
Zurn Elkay Implied Volatility | 0.37 |
Zurn Elkay's implied volatility exposes the market's sentiment of Zurn Elkay Water stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zurn Elkay'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 Zurn Elkay stock will not fluctuate a lot when Zurn Elkay's options are near their expiration.
The Naive Prediction forecasted value of Zurn Elkay Water on the next trading day is expected to be 47.75 with a mean absolute deviation of 0.59 and the sum of the absolute errors of 35.90. Zurn Elkay after-hype prediction price | USD 46.79 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Zurn Elkay to cross-verify your projections. Prediction based on Rule 16 of the current Zurn contract
Based on the Rule 16, the options market is currently suggesting that Zurn Elkay Water will have an average daily up or down price movement of about 0.0231% per day over the life of the 2026-03-20 option contract. With Zurn Elkay trading at USD 46.8, that is roughly USD 0.0108 . If you think that the market is fully incorporating Zurn Elkay's daily price movement you should consider acquiring Zurn Elkay Water options at the current volatility level of 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 Zurn Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Zurn Elkay's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Zurn Elkay's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Zurn Elkay stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Zurn Elkay's open interest, investors have to compare it to Zurn Elkay's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Zurn Elkay is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Zurn. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Zurn Elkay Additional Predictive Modules
Most predictive techniques to examine Zurn price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zurn using various technical indicators. When you analyze Zurn charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Zurn Elkay's financial statements to predict how it will affect future prices.
Cash | First Reported 1985-09-30 | Previous Quarter 201.9 M | Current Value 260.1 M | Quarterly Volatility 173.1 M |
Zurn Elkay Naive Prediction Price Forecast For the 27th of January
Given 90 days horizon, the Naive Prediction forecasted value of Zurn Elkay Water on the next trading day is expected to be 47.75 with a mean absolute deviation of 0.59, mean absolute percentage error of 0.51, and the sum of the absolute errors of 35.90.Please note that although there have been many attempts to predict Zurn Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Zurn Elkay's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Zurn Elkay Stock Forecast Pattern
| Backtest Zurn Elkay | Zurn Elkay Price Prediction | Buy or Sell Advice |
Zurn Elkay Forecasted Value
In the context of forecasting Zurn Elkay's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Zurn Elkay's downside and upside margins for the forecasting period are 46.46 and 49.04, respectively. We have considered Zurn Elkay's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Zurn Elkay stock data series using in forecasting. Note that when a statistical model is used to represent Zurn Elkay stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.4456 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5886 |
| MAPE | Mean absolute percentage error | 0.0126 |
| SAE | Sum of the absolute errors | 35.9017 |
Predictive Modules for Zurn Elkay
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zurn Elkay Water. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zurn Elkay'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.
Zurn Elkay After-Hype Price Density Analysis
As far as predicting the price of Zurn Elkay at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Zurn Elkay or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Zurn Elkay, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Zurn Elkay Estimiated After-Hype Price Volatility
In the context of predicting Zurn Elkay's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zurn Elkay's historical news coverage. Zurn Elkay's after-hype downside and upside margins for the prediction period are 45.50 and 48.08, respectively. We have considered Zurn Elkay's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Zurn Elkay is very steady at this time. Analysis and calculation of next after-hype price of Zurn Elkay Water is based on 3 months time horizon.
Zurn Elkay Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Zurn Elkay is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zurn Elkay backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Zurn Elkay, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 1.29 | 0.01 | 0.07 | 8 Events / Month | 7 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
46.80 | 46.79 | 0.02 |
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Zurn Elkay Hype Timeline
On the 26th of January Zurn Elkay Water is traded for 46.80. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.07. Zurn is anticipated to decline in value after the next headline, with the price expected to drop to 46.79. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.02%, whereas the daily expected return is at this time at 0.04%. The volatility of related hype on Zurn Elkay is about 78.42%, with the expected price after the next announcement by competition of 46.87. About 95.0% of the company outstanding shares are owned by institutional investors. The book value of Zurn Elkay was at this time reported as 9.5. The company has Price/Earnings To Growth (PEG) ratio of 1.95. Zurn Elkay Water last dividend was issued on the 20th of November 2025. The entity had 2:1 split on the 5th of October 2021. Considering the 90-day investment horizon the next anticipated press release will be in about 8 days. Check out Historical Fundamental Analysis of Zurn Elkay to cross-verify your projections.Zurn Elkay Related Hype Analysis
Having access to credible news sources related to Zurn Elkay's direct competition is more important than ever and may enhance your ability to predict Zurn Elkay's future price movements. Getting to know how Zurn Elkay's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Zurn Elkay may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FSS | Federal Signal | 0.57 | 9 per month | 0.00 | (0.10) | 2.38 | (2.31) | 13.86 | |
| IESC | IES Holdings | 7.78 | 8 per month | 3.93 | 0.06 | 6.33 | (6.90) | 25.84 | |
| PRIM | Primoris Services | (1.54) | 11 per month | 3.19 | 0.02 | 5.21 | (4.75) | 15.24 | |
| VMI | Valmont Industries | 2.77 | 21 per month | 1.37 | 0.03 | 2.45 | (2.28) | 5.99 | |
| TTEK | Tetra Tech | 0.15 | 9 per month | 1.69 | 0.04 | 3.80 | (3.21) | 21.35 | |
| AGCO | AGCO Corporation | (1.12) | 9 per month | 1.41 | 0.01 | 3.52 | (2.20) | 10.84 | |
| AAON | AAON Inc | (1.14) | 9 per month | 0.00 | (0.04) | 4.42 | (5.87) | 14.22 | |
| DY | Dycom Industries | 6.01 | 10 per month | 1.99 | 0.12 | 3.06 | (3.71) | 14.96 | |
| PSN | Parsons Corp | 3.12 | 8 per month | 0.00 | (0.08) | 3.68 | (3.89) | 25.78 | |
| OSK | Oshkosh | (0.15) | 9 per month | 2.04 | 0.06 | 4.70 | (2.50) | 13.95 |
Other Forecasting Options for Zurn Elkay
For every potential investor in Zurn, whether a beginner or expert, Zurn Elkay's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zurn Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zurn. Basic forecasting techniques help filter out the noise by identifying Zurn Elkay's price trends.Zurn Elkay Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Zurn Elkay stock to make a market-neutral strategy. Peer analysis of Zurn Elkay could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zurn Elkay Market Strength Events
Market strength indicators help investors to evaluate how Zurn Elkay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zurn Elkay shares will generate the highest return on investment. By undertsting and applying Zurn Elkay stock market strength indicators, traders can identify Zurn Elkay Water entry and exit signals to maximize returns.
Zurn Elkay Risk Indicators
The analysis of Zurn Elkay's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Zurn Elkay's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zurn stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.2 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.68 | |||
| Downside Variance | 1.55 | |||
| Semi Variance | 1.44 | |||
| Expected Short fall | (1.05) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Zurn Elkay
The number of cover stories for Zurn Elkay depends on current market conditions and Zurn Elkay's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Zurn Elkay is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Zurn Elkay's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Zurn Elkay Short Properties
Zurn Elkay's future price predictability will typically decrease when Zurn Elkay's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zurn Elkay Water often depends not only on the future outlook of the potential Zurn Elkay's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Zurn Elkay's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 174.7 M | |
| Cash And Short Term Investments | 198 M |
Additional Tools for Zurn Stock Analysis
When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.