Ermenegildo Zegna Nv Stock Probability of Future Stock Price Finishing Over 14.73
| ZGN Stock | USD 11.84 0.09 0.77% |
Ermenegildo |
Ermenegildo Zegna Target Price Odds to finish over 14.73
The tendency of Ermenegildo Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 14.73 or more in 90 days |
| 11.84 | 90 days | 14.73 | near 1 |
Based on a normal probability distribution, the odds of Ermenegildo Zegna to move over $ 14.73 or more in 90 days from now is near 1 (This Ermenegildo Zegna NV probability density function shows the probability of Ermenegildo Stock to fall within a particular range of prices over 90 days) . Probability of Ermenegildo Zegna price to stay between its current price of $ 11.84 and $ 14.73 at the end of the 90-day period is about 75.33 .
Considering the 90-day investment horizon Ermenegildo Zegna has a beta of 0.54. This usually means as returns on the market go up, Ermenegildo Zegna average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ermenegildo Zegna NV will be expected to be much smaller as well. Additionally Ermenegildo Zegna NV has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Ermenegildo Zegna Price Density |
| Price |
Predictive Modules for Ermenegildo Zegna
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ermenegildo Zegna. 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 Ermenegildo Zegna'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.
Ermenegildo Zegna Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ermenegildo Zegna is not an exception. The market had few large corrections towards the Ermenegildo Zegna's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ermenegildo Zegna NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ermenegildo Zegna within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | -0.11 |
Ermenegildo Zegna Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ermenegildo Zegna for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ermenegildo Zegna can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ermenegildo Zegna generated a negative expected return over the last 90 days | |
| Ermenegildo Zegna is unlikely to experience financial distress in the next 2 years | |
| Ermenegildo Zegna has a strong financial position based on the latest SEC filings | |
| About 75.0% of the company outstanding shares are owned by insiders | |
| Latest headline from finance.yahoo.com: Ermenegildo Zegna Group Reports Voting Results of the Annual General Meeting Held on June 26, 2024 |
Ermenegildo Zegna Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ermenegildo Stock often depends not only on the future outlook of the current and potential Ermenegildo Zegna'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. Ermenegildo Zegna's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 252.4 M | |
| Cash And Short Term Investments | 381.9 M |
Ermenegildo Zegna Technical Analysis
Ermenegildo Zegna's future price can be derived by breaking down and analyzing its technical indicators over time. Ermenegildo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ermenegildo Zegna NV. In general, you should focus on analyzing Ermenegildo Stock price patterns and their correlations with different microeconomic environments and drivers.
Ermenegildo Zegna Predictive Forecast Models
Ermenegildo Zegna's time-series forecasting models is one of many Ermenegildo Zegna's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ermenegildo Zegna's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Ermenegildo Zegna
Checking the ongoing alerts about Ermenegildo Zegna for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ermenegildo Zegna help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ermenegildo Zegna generated a negative expected return over the last 90 days | |
| Ermenegildo Zegna is unlikely to experience financial distress in the next 2 years | |
| Ermenegildo Zegna has a strong financial position based on the latest SEC filings | |
| About 75.0% of the company outstanding shares are owned by insiders | |
| Latest headline from finance.yahoo.com: Ermenegildo Zegna Group Reports Voting Results of the Annual General Meeting Held on June 26, 2024 |
Additional Information and Resources on Investing in Ermenegildo Stock
When determining whether Ermenegildo Zegna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ermenegildo Zegna's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ermenegildo Zegna Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ermenegildo Zegna Nv Stock:Check out Ermenegildo Zegna Backtesting, Ermenegildo Zegna Valuation, Ermenegildo Zegna Correlation, Ermenegildo Zegna Hype Analysis, Ermenegildo Zegna Volatility, Ermenegildo Zegna History as well as Ermenegildo Zegna Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Apparel, Accessories & Luxury Goods 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 Ermenegildo Zegna. If investors know Ermenegildo 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 Ermenegildo Zegna 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 0.926 | Dividend Share 0.12 | Earnings Share 0.51 | Revenue Per Share 7.71 | Quarterly Revenue Growth 0.311 |
The market value of Ermenegildo Zegna is measured differently than its book value, which is the value of Ermenegildo that is recorded on the company's balance sheet. Investors also form their own opinion of Ermenegildo Zegna's value that differs from its market value or its book value, called intrinsic value, which is Ermenegildo Zegna'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 Ermenegildo Zegna's market value can be influenced by many factors that don't directly affect Ermenegildo Zegna'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 Ermenegildo Zegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ermenegildo Zegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ermenegildo Zegna'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.