Zscaler Property Plant And Equipment Gross from 2010 to 2024

ZS Stock  USD 183.91  2.92  1.61%   
Zscaler Property Plant And Equipment Gross yearly trend continues to be comparatively stable with very little volatility. Property Plant And Equipment Gross is likely to outpace its year average in 2024. From the period from 2010 to 2024, Zscaler Property Plant And Equipment Gross quarterly data regression had r-value of  0.88 and coefficient of variation of  124.07. View All Fundamentals
 
Property Plant And Equipment Gross  
First Reported
2017-07-31
Previous Quarter
590.7 M
Current Value
651.4 M
Quarterly Volatility
177 M
 
Covid
Check Zscaler financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zscaler's main balance sheet or income statement drivers, such as Tax Provision of 23.9 M, Interest Income of 73 M or Depreciation And Amortization of 80.7 M, as well as many indicators such as Price To Sales Ratio of 15.71, Dividend Yield of 0.0 or PTB Ratio of 45.1. Zscaler financial statements analysis is a perfect complement when working with Zscaler Valuation or Volatility modules.
  
Check out the analysis of Zscaler Correlation against competitors.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.

Latest Zscaler's Property Plant And Equipment Gross Growth Pattern

Below is the plot of the Property Plant And Equipment Gross of Zscaler over the last few years. It is Zscaler's Property Plant And Equipment Gross historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zscaler's overall financial position and show how it may be relating to other accounts over time.
Property Plant And Equipment Gross10 Years Trend
Slightly volatile
   Property Plant And Equipment Gross   
       Timeline  

Zscaler Property Plant And Equipment Gross Regression Statistics

Arithmetic Mean112,622,720
Geometric Mean43,193,702
Coefficient Of Variation124.07
Mean Deviation116,503,493
Median19,765,000
Standard Deviation139,731,251
Sample Variance19524.8T
Range366.9M
R-Value0.88
Mean Square Error4682.1T
R-Squared0.78
Significance0.000014
Slope27,547,370
Total Sum of Squares273347.5T

Zscaler Property Plant And Equipment Gross History

2024378 M
2023360 M
2022313 M
2021233 M
2020152.9 M
2019111.9 M
201841 M

About Zscaler Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Zscaler income statement, its balance sheet, and the statement of cash flows. Zscaler investors use historical funamental indicators, such as Zscaler's Property Plant And Equipment Gross, to determine how well the company is positioned to perform in the future. Although Zscaler investors may use each financial statement separately, they are all related. The changes in Zscaler's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zscaler's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Zscaler Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Zscaler. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Property Plant And Equipment Gross360 M378 M

Pair Trading with Zscaler

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 Zscaler 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 Zscaler will appreciate offsetting losses from the drop in the long position's value.

Moving together with Zscaler Stock

  0.71S SentinelOnePairCorr
  0.77MQ Marqeta Buyout TrendPairCorr

Moving against Zscaler Stock

  0.77NN Nextnav Acquisition CorpPairCorr
The ability to find closely correlated positions to Zscaler could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zscaler 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 Zscaler - 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 Zscaler to buy it.
The correlation of Zscaler 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 Zscaler moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zscaler 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 Zscaler 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.
Pair CorrelationCorrelation Matching

Additional Tools for Zscaler Stock Analysis

When running Zscaler's price analysis, check to measure Zscaler'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 Zscaler is operating at the current time. Most of Zscaler's value examination focuses on studying past and present price action to predict the probability of Zscaler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zscaler's price. Additionally, you may evaluate how the addition of Zscaler to your portfolios can decrease your overall portfolio volatility.