For Zion Oil & Gas Inc’s (NASDAQ: ZN) shareholders, and also potential investors within the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is vital. ZN is exposed to market-wide risk, which arises from investing within the stock exchange. This risk reflects changes in economic and political factors that affect all stocks and is measured by its beta. Different characteristics of a stock expose it to varying levels of market risk, and therefore the broad market index represents a beta value of 1.
What this suggests for you:
ZN could also be a worthwhile stock to carry onto so as to cushion. The impact of a downturn. counting on the composition of your portfolio, low-beta stocks like ZN is effective. To lower your risk of market exposure, especially, during times of economic decline. What I even have not mentioned in my article here are important company-specific fundamentals like Zion Oil & Gas’s financial health and performance diary. I highly recommend you to finish your research by taking a glance at the following:
Past Track Record: Has ZN been consistently performing well regardless of the ups and downs within the market? enter more detail within the past performance analysis. And take a glance at the free visual representations of ZN’s historicals for more clarity.
Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our list of those great stocks here.
To help readers see pass the short term volatility of the financial market. We aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis doesn’t think about the newest price-sensitive company announcements.
Within the face of market movements, relative to its peers of comparable size but with a lower proportion of fixed assets on their books. However, this is often the other to what ZN’s actual beta value suggests, which is lower stock volatility relative to the market.
