Zimvie Inc Stock Price on September 30, 2024

ZIMV Stock  USD 14.41  0.24  1.69%   
If you're considering investing in ZimVie Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZimVie stands at 14.41, as last reported on the 26th of November, with the highest price reaching 14.55 and the lowest price hitting 14.20 during the day. ZimVie Inc shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of risk over the last 3 months. ZimVie Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZimVie's Market Risk Adjusted Performance of (0.19), standard deviation of 1.94, and Mean Deviation of 1.57 to validate the risk estimate we provide.
  
ZimVie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1299

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average ZimVie 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 ZimVie by adding ZimVie to a well-diversified portfolio.

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ZimVie Valuation on September 30, 2024

It is possible to determine the worth of ZimVie on a given historical date. On September 30, 2024 ZimVie was worth 15.66 at the beginning of the trading date compared to the closed value of 15.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZimVie stock. Still, in general, we apply an absolute valuation method to find ZimVie'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 ZimVie where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZimVie's related companies.
 Open High Low Close Volume
  15.81    15.96    15.63    15.76    112,453  
09/30/2024
  15.66    15.97    15.56    15.87    93,870  
  15.83    15.86    15.53    15.71    133,392  
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Open Value
15.66
15.87
Closing Value
21.47
Upside

ZimVie Trading Date Momentum on September 30, 2024

On October 01 2024 ZimVie Inc was traded for  15.71  at the closing time. The top price for the day was 15.86  and the lowest listed price was  15.53 . The trading volume for the day was 133.4 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 1.01% . The trading date delta against the current closing price is 2.08% .

ZimVie Inc Fundamentals Correlations and Trends

By evaluating ZimVie'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 ZimVie's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZimVie financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ZimVie Stock history

ZimVie 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 ZimVie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZimVie Inc 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 ZimVie stock prices may prove useful in developing a viable investing in ZimVie
ZimVie Inc., a medical technology company, develops, manufactures, and delivers a portfolio of products and solutions designed to treat a range of spine pathologies, and support dental tooth replacement and restoration procedures worldwide. ZimVie Inc. was incorporated in 2021 and is headquartered in Westminster, Colorado. Zimvie operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 2700 people.

ZimVie Stock Technical Analysis

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

ZimVie Period Price Range

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ZimVie Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

ZimVie November 26, 2024 Market Strength

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

ZimVie Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ZimVie's price direction in advance. Along with the technical and fundamental analysis of ZimVie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZimVie 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.

Additional Tools for ZimVie Stock Analysis

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