Zimmer Biomet Holdings Stock Price on September 30, 2023

ZBH Stock  USD 102.69  5.56  5.14%   
If you're considering investing in Zimmer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zimmer Biomet stands at 102.69, as last reported on the 7th of February, with the highest price reaching 107.95 and the lowest price hitting 102.33 during the day. Zimmer Biomet Holdings shows Sharpe Ratio of -0.0727, which attests that the company had a -0.0727 % return per unit of risk over the last 3 months. Zimmer Biomet Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zimmer Biomet's Market Risk Adjusted Performance of 0.2339, standard deviation of 1.32, and Mean Deviation of 0.9468 to validate the risk estimate we provide.
  
Zimmer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0727

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Estimated Market Risk

 1.32
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zimmer Biomet is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zimmer Biomet by adding Zimmer Biomet to a well-diversified portfolio.

Zimmer Biomet Valuation on September 30, 2023

It is possible to determine the worth of Zimmer Biomet on a given historical date. On September 30, 2023 Zimmer was worth 111.97 at the beginning of the trading date compared to the closed value of 111.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zimmer Biomet stock. Still, in general, we apply an absolute valuation method to find Zimmer Biomet's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Zimmer Biomet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zimmer Biomet's related companies.
 Open High Low Close Volume
  109.83    113.14    109.79    111.28    1,939,050  
09/29/2023
  111.97    112.95    110.60    111.04    1,987,046  
  110.18    110.75    109.69    110.25    1,445,430  
Backtest Zimmer Biomet  |  Zimmer Biomet History  |  Zimmer Biomet Valuation   PreviousNext  
Open Value
111.97
108.02
Downside
111.04
Closing Value
115.92
Upside

Zimmer Biomet Trading Date Momentum on September 30, 2023

On October 02 2023 Zimmer Biomet Holdings was traded for  110.25  at the closing time. Highest Zimmer Biomet's price during the trading hours was 110.75  and the lowest price during the day was  109.69 . The net volume was 1.4 M. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The trading date delta to the next next day price was 0.71% . The trading date delta to current price is 1.74% .

Zimmer Biomet Holdings Fundamentals Correlations and Trends

By evaluating Zimmer Biomet's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zimmer Biomet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zimmer financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Zimmer Biomet Stock history

Zimmer Biomet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Zimmer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zimmer Biomet Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Zimmer Biomet stock prices may prove useful in developing a viable investing in Zimmer Biomet
Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates in the musculoskeletal healthcare business in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana. Zimmer Biomet operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 19500 people.

Zimmer Biomet Stock Technical Analysis

Zimmer Biomet 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 Zimmer Biomet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zimmer Biomet 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...

Price Boundaries

Zimmer Biomet Period Price Range

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February 7, 2025
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Zimmer Biomet Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Zimmer Biomet February 7, 2025 Market Strength

Market strength indicators help investors to evaluate how Zimmer Biomet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zimmer Biomet shares will generate the highest return on investment. By undertsting and applying Zimmer Biomet stock market strength indicators, traders can identify Zimmer Biomet Holdings entry and exit signals to maximize returns

Zimmer Biomet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zimmer Biomet's price direction in advance. Along with the technical and fundamental analysis of Zimmer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zimmer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Zimmer Stock analysis

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