Zillow Group Class Etf Price Prediction

Z Etf  USD 77.88  2.63  3.50%   
The relative strength index (RSI) of Zillow Group's the etf price is slightly above 69. This usually means that the etf is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Zillow, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
The successful prediction of Zillow Group's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Zillow Group Class, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Zillow Group's stock price prediction:
Quarterly Earnings Growth
(0.25)
EPS Estimate Next Quarter
0.27
EPS Estimate Current Year
1.4119
EPS Estimate Next Year
2.0223
Wall Street Target Price
68.6667
Using Zillow Group hype-based prediction, you can estimate the value of Zillow Group Class from the perspective of Zillow Group response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Zillow Group to buy its etf at a price that has no basis in reality. In that case, they are not buying Zillow because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Zillow Group after-hype prediction price

    
  USD 77.65  
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 etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Zillow Group Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Zillow Etf please use our How to Invest in Zillow Group guide.
Intrinsic
Valuation
LowRealHigh
70.5974.3278.05
Details
Naive
Forecast
LowNextHigh
72.3876.1179.83
Details
3 Analysts
Consensus
LowTargetHigh
51.8256.9463.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.330.350.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zillow Group. Your research has to be compared to or analyzed against Zillow Group's peers to derive any actionable benefits. When done correctly, Zillow Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Zillow Group Class.

Zillow Group After-Hype Price Prediction Density Analysis

As far as predicting the price of Zillow Group 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 Zillow Group 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 Etf prices, such as prices of Zillow Group, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Zillow Group Estimiated After-Hype Price Volatility

In the context of predicting Zillow Group's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zillow Group's historical news coverage. Zillow Group's after-hype downside and upside margins for the prediction period are 73.92 and 81.38, respectively. We have considered Zillow Group'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
77.88
77.65
After-hype Price
81.38
Upside
Zillow Group is very steady at this time. Analysis and calculation of next after-hype price of Zillow Group Class is based on 3 months time horizon.

Zillow Group Etf Price Prediction Analysis

Have you ever been surprised when a price of a ETF such as Zillow Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zillow Group 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 Etf 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 Zillow Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.58 
3.73
  0.23 
 0.00  
9 Events / Month
2 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
77.88
77.65
0.30 
956.41  
Notes

Zillow Group Hype Timeline

As of November 21, 2024 Zillow Group Class is listed for 77.88. The entity has historical hype elasticity of -0.23, and average elasticity to hype of competition of 0.0. Zillow is forecasted to decline in value after the next headline, with the price expected to drop to 77.65. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.3%, whereas the daily expected return is at this time at 0.58%. The volatility of related hype on Zillow Group is about 87033.33%, with the expected price after the next announcement by competition of 77.88. About 98.0% of the company outstanding shares are owned by institutional investors. The book value of Zillow Group was at this time reported as 19.95. The company has Price/Earnings To Growth (PEG) ratio of 0.73. Zillow Group Class recorded a loss per share of 0.58. The entity had not issued any dividends in recent years. Taking into account the 90-day investment horizon the next forecasted press release will be in about 9 days.
Check out Zillow Group Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Zillow Etf please use our How to Invest in Zillow Group guide.

Zillow Group Related Hype Analysis

Having access to credible news sources related to Zillow Group's direct competition is more important than ever and may enhance your ability to predict Zillow Group's future price movements. Getting to know how Zillow Group'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 Zillow Group may potentially react to the hype associated with one of its peers.

Zillow Group Additional Predictive Modules

Most predictive techniques to examine Zillow price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zillow using various technical indicators. When you analyze Zillow 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.

About Zillow Group Predictive Indicators

The successful prediction of Zillow Group stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Zillow Group Class, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Zillow Group based on analysis of Zillow Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Zillow Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Zillow Group's related companies.

Story Coverage note for Zillow Group

The number of cover stories for Zillow Group depends on current market conditions and Zillow Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Zillow Group 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 Zillow Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Zillow Group Short Properties

Zillow Group's future price predictability will typically decrease when Zillow Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zillow Group Class often depends not only on the future outlook of the potential Zillow Group'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. Zillow Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding233.6 M
Cash And Short Term Investments2.8 B

Other Information on Investing in Zillow Etf

Zillow Group financial ratios help investors to determine whether Zillow Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zillow with respect to the benefits of owning Zillow Group security.