Zendesk Stock Market Value

ZEN
 Stock
  

USD 76.21  0.32  0.42%   

Zendesk's market value is the price at which a share of Zendesk stock trades on a public exchange. It measures the collective expectations of Zendesk investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Zendesk and determine expected loss or profit from investing in Zendesk over a given investment horizon. Check out Zendesk Hype Analysis, Zendesk Correlation, Zendesk Valuation, Zendesk Volatility, as well as analyze Zendesk Alpha and Beta and Zendesk Performance.
Symbol


Is Zendesk's industry 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 Zendesk. If investors know Zendesk 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 Zendesk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
9.4 B
Quarterly Revenue Growth YOY
0.28
Return On Assets
-0.0541
Return On Equity
-0.7
The market value of Zendesk is measured differently than its book value, which is the value of Zendesk that is recorded on the company's balance sheet. Investors also form their own opinion of Zendesk's value that differs from its market value or its book value, called intrinsic value, which is Zendesk'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 Zendesk's market value can be influenced by many factors that don't directly affect Zendesk'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 Zendesk's value and its price as these two are different measures arrived at by different means. Investors typically determine Zendesk value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zendesk'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.

Zendesk '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 Zendesk's 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 Zendesk.
0.00
07/09/2022
No Change 0.00  0.0 
In 31 days
08/08/2022
0.00
If you would invest  0.00  in Zendesk on July 9, 2022 and sell it all today you would earn a total of 0.00 from holding Zendesk or generate 0.0% return on investment in Zendesk over 30 days. Zendesk is related to or competes with La Z. Zendesk, Inc., a software development company, provides software as a service solutions for organizations in the United ...More

Zendesk 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 Zendesk's 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 Zendesk upside and downside potential and time the market with a certain degree of confidence.

Zendesk Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zendesk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zendesk's standard deviation. In reality, there are many statistical measures that can use Zendesk historical prices to predict the future Zendesk's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Zendesk'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. Please use the tools below to analyze the current value of Zendesk in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
71.2076.3481.48
Details
Intrinsic
Valuation
LowReal ValueHigh
68.5991.4996.63
Details
Naive
Forecast
LowNext ValueHigh
73.8378.9784.12
Details
13 Analysts
Consensus
LowTarget PriceHigh
110.00148.62193.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zendesk. Your research has to be compared to or analyzed against Zendesk's peers to derive any actionable benefits. When done correctly, Zendesk's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Zendesk.

Zendesk Backtested Returns

Zendesk shows Sharpe Ratio of -0.0633, which attests that the company had -0.0633% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Zendesk exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Zendesk market risk adjusted performance of (0.24), and Mean Deviation of 2.99 to validate the risk estimate we provide.
The firm maintains a market beta of 2.4521, which attests to a somewhat significant risk relative to the market. Let's try to break down what Zendesk's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Zendesk will likely underperform. Even though it is essential to pay attention to Zendesk historical price patterns, it is always good to be careful when utilizing equity current price history. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Zendesk exposes twenty-one different technical indicators, which can help you to evaluate its performance. Zendesk has an expected return of -0.33%. Please be advised to check out Zendesk information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Zendesk performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.75  

Good predictability

Zendesk has good predictability. Overlapping area represents the amount of predictability between Zendesk time series from 9th of July 2022 to 24th of July 2022 and 24th of July 2022 to 8th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zendesk price movement. The serial correlation of 0.75 indicates that around 75.0% of current Zendesk price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.87
Residual Average0.0
Price Variance0.21

Zendesk lagged returns against current returns

Autocorrelation, which is Zendesk 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 Zendesk's stock expected returns. We can calculate the autocorrelation of Zendesk returns to help us make a trade decision. For example, suppose you find that Zendesk stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Zendesk 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 Zendesk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zendesk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zendesk stock over time.
   Current vs Lagged Prices   
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       Timeline  

Zendesk Lagged Returns

When evaluating Zendesk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zendesk stock have on its future price. Zendesk 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, Zendesk autocorrelation shows the relationship between Zendesk stock current value and its past values and can show if there is a momentum factor associated with investing in Zendesk.
   Regressed Prices   
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       Timeline  

Zendesk Investors Sentiment

The influence of Zendesk's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Zendesk. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Zendesk in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Zendesk's short interest history, or implied volatility extrapolated from Zendesk options trading.

Also Currently Popular

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 Zendesk Hype Analysis, Zendesk Correlation, Zendesk Valuation, Zendesk Volatility, as well as analyze Zendesk Alpha and Beta and Zendesk Performance. Note that the Zendesk information on this page should be used as a complementary analysis to other Zendesk's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Zendesk Stock analysis

When running Zendesk price analysis, check to measure Zendesk'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 Zendesk is operating at the current time. Most of Zendesk's value examination focuses on studying past and present price action to predict the probability of Zendesk's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Zendesk's price. Additionally, you may evaluate how the addition of Zendesk to your portfolios can decrease your overall portfolio volatility.
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Zendesk 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.
A focus of Zendesk technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zendesk trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...