Zions Bancorporation Stock Technical Analysis
ZION Stock | USD 60.58 1.44 2.43% |
As of the 23rd of November, Zions Bancorporation maintains the Downside Deviation of 1.83, market risk adjusted performance of 0.1613, and Mean Deviation of 1.69. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zions Bancorporation, as well as the relationship between them.
Zions Bancorporation Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zions, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZionsZions |
Zions Bancorporation Analyst Consensus
Target Price | Advice | # of Analysts | |
37.74 | Buy | 24 | Odds |
Most Zions analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Zions stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Zions Bancorporation, talking to its executives and customers, or listening to Zions conference calls.
Zions Bancorporation 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.
Zions Bancorporation Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Zions Bancorporation volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zions Bancorporation Trend Analysis
Use this graph to draw trend lines for Zions Bancorporation. You can use it to identify possible trend reversals for Zions Bancorporation as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Zions Bancorporation price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zions Bancorporation Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zions Bancorporation applied against its price change over selected period. The best fit line has a slop of 0.26 , which means Zions Bancorporation will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2560.98, which is the sum of squared deviations for the predicted Zions Bancorporation price change compared to its average price change.About Zions Bancorporation Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Zions Bancorporation on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Zions Bancorporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zions Bancorporation price pattern first instead of the macroeconomic environment surrounding Zions Bancorporation. By analyzing Zions Bancorporation's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Zions Bancorporation's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Zions Bancorporation specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0258 | 0.0365 | 0.0435 | 0.022 | Price To Sales Ratio | 3.47 | 2.21 | 2.4 | 2.32 |
Zions Bancorporation November 23, 2024 Technical Indicators
Most technical analysis of Zions help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Zions from various momentum indicators to cycle indicators. When you analyze Zions charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1213 | |||
Market Risk Adjusted Performance | 0.1613 | |||
Mean Deviation | 1.69 | |||
Semi Deviation | 1.49 | |||
Downside Deviation | 1.83 | |||
Coefficient Of Variation | 672.33 | |||
Standard Deviation | 2.76 | |||
Variance | 7.59 | |||
Information Ratio | 0.1013 | |||
Jensen Alpha | 0.0807 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.1525 | |||
Treynor Ratio | 0.1513 | |||
Maximum Drawdown | 20.65 | |||
Value At Risk | (2.89) | |||
Potential Upside | 3.62 | |||
Downside Variance | 3.35 | |||
Semi Variance | 2.22 | |||
Expected Short fall | (1.97) | |||
Skewness | 2.87 | |||
Kurtosis | 15.2 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.