Ziff Davis Stock Market Value
| ZD Stock | USD 49.97 2.45 5.16% |
| Symbol | Ziff |
Ziff Davis Price To Book Ratio
Is Application Software 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 Ziff Davis. If investors know Ziff 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 Ziff Davis 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 1.164 | Earnings Share 1.81 | Revenue Per Share 29.833 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0331 |
The market value of Ziff Davis is measured differently than its book value, which is the value of Ziff that is recorded on the company's balance sheet. Investors also form their own opinion of Ziff Davis' value that differs from its market value or its book value, called intrinsic value, which is Ziff Davis' 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 Ziff Davis' market value can be influenced by many factors that don't directly affect Ziff Davis' 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 Ziff Davis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ziff Davis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ziff Davis' 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.
Ziff Davis '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 Ziff Davis' 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 Ziff Davis.
| 05/17/2023 |
| 11/07/2024 |
If you would invest 0.00 in Ziff Davis on May 17, 2023 and sell it all today you would earn a total of 0.00 from holding Ziff Davis or generate 0.0% return on investment in Ziff Davis over 540 days. Ziff Davis is related to or competes with Interpublic Group, Criteo Sa, WPP PLC, Integral, Omnicom, Townsquare Media, and Cimpress. Ziff Davis, Inc., together with its subsidiaries, provides internet information and services in the United States, Canad... More
Ziff Davis 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 Ziff Davis' 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 Ziff Davis upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.0969 | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.26 |
Ziff Davis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ziff Davis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ziff Davis' standard deviation. In reality, there are many statistical measures that can use Ziff Davis historical prices to predict the future Ziff Davis' volatility.| Risk Adjusted Performance | 0.1516 | |||
| Jensen Alpha | 0.1023 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0877 | |||
| Treynor Ratio | 0.2325 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ziff Davis' 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.
Ziff Davis Backtested Returns
Ziff Davis appears to be very steady, given 3 months investment horizon. Ziff Davis shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ziff Davis, which you can use to evaluate the volatility of the company. Please utilize Ziff Davis' Downside Deviation of 2.22, mean deviation of 1.53, and Market Risk Adjusted Performance of 0.2425 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ziff Davis holds a performance score of 12. The firm maintains a market beta of 1.55, 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, Ziff Davis will likely underperform. Please check Ziff Davis' semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Ziff Davis' historical returns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
Ziff Davis has virtually no predictability. Overlapping area represents the amount of predictability between Ziff Davis time series from 17th of May 2023 to 11th of February 2024 and 11th of February 2024 to 7th of November 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 Ziff Davis price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Ziff Davis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 55.04 |
Ziff Davis lagged returns against current returns
Autocorrelation, which is Ziff Davis 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 Ziff Davis' stock expected returns. We can calculate the autocorrelation of Ziff Davis returns to help us make a trade decision. For example, suppose you find that Ziff Davis 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 |
Ziff Davis 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 Ziff Davis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ziff Davis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ziff Davis stock over time.
Current vs Lagged Prices |
| Timeline |
Ziff Davis Lagged Returns
When evaluating Ziff Davis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ziff Davis stock have on its future price. Ziff Davis 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, Ziff Davis autocorrelation shows the relationship between Ziff Davis stock current value and its past values and can show if there is a momentum factor associated with investing in Ziff Davis.
Regressed Prices |
| Timeline |
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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.Check out Ziff Davis Correlation, Ziff Davis Volatility and Ziff Davis Alpha and Beta module to complement your research on Ziff Davis. For information on how to trade Ziff Stock refer to our How to Trade Ziff Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Ziff Davis 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.