Score 8.6 (out of 10): ZILLOW GROUP to seasonally rally by +14.2% during the month of February

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What’s Going On Here?

ZILLOW shares could skyrocket if the company meets its $5bn revenue expectations, according to some analysts. The company has shuttered its home-flipping business after its $881mln loss in 2021.

Why Now?

ZILLOW GROUP INC – C indicates an interesting seasonal (monthly for February) set up. During similar occasions, ZILLOW GROUP INC – C shares had a median return of +14.2%, over the following 1 month – based on 6 historical occasions with 5 of those showing positive returns (83%). This buy signal for ZILLOW GROUP INC – C received a high score of 8.6 (out of 10). This insight was generated with last price of 57.52.

What’s This Company About?

ZILLOW GROUP INC – C is in the E-Commerce/Services business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: ZG US.

What’s My Risk / Reward and Time Horizon?

We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 65.66 (+14.2%) has been reached. Based on ZILLOW GROUP INC – C’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 53.02 (last price at 57.52), which is equivalent to a -7.8% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

24.2% (February-2021), 21% (February-2020), 21% (February-2019), 7.3% (February-2018), -3.7% (February-2017), 7.1% (February-2016)

Historical Chart:

Summary:

NameZILLOW GROUP INC
ViewUp
Star (1 to 10)8.6
Target+14.2%
Time1 month
Hist Rate83%

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