Zoetis (Germany) Price on November 28, 2024
ZOE Stock | EUR 171.12 2.78 1.65% |
If you're considering investing in Zoetis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zoetis stands at 171.12, as last reported on the 13th of December 2024, with the highest price reaching 171.12 and the lowest price hitting 168.02 during the day. Zoetis Inc shows Sharpe Ratio of -0.0123, which attests that the company had a -0.0123% return per unit of risk over the last 3 months. Zoetis Inc exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zoetis' Downside Deviation of 1.46, mean deviation of 0.9729, and Market Risk Adjusted Performance of 0.0729 to validate the risk estimate we provide.
Zoetis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zoetis |
Sharpe Ratio = -0.0123
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Estimated Market Risk
1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zoetis 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 Zoetis by adding Zoetis to a well-diversified portfolio.
Zoetis Valuation on November 28, 2024
It is possible to determine the worth of Zoetis on a given historical date. On November 28, 2024 Zoetis was worth 167.12 at the beginning of the trading date compared to the closed value of 168.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zoetis stock. Still, in general, we apply an absolute valuation method to find Zoetis' 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 Zoetis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zoetis' related companies.
Open | High | Low | Close | Volume | |
167.10 | 168.38 | 166.56 | 166.56 | 17.00 | |
11/28/2024 | 167.12 | 168.34 | 167.12 | 168.26 | 17.00 |
167.90 | 167.90 | 164.56 | 164.56 | 17.00 |
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Zoetis Trading Date Momentum on November 28, 2024
On November 29 2024 Zoetis Inc was traded for 164.56 at the closing time. The highest daily price throughout the period was 167.90 and the lowest price was 164.56 . The daily volume was 17.0. The net trading volume on 11/29/2024 added to the next day price reduction. The trading date delta to closing price of the next trading day was 2.20% . The trading date delta to current closing price is 0.68% . |
Zoetis Inc Fundamentals Correlations and Trends
By evaluating Zoetis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zoetis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zoetis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zoetis Stock history
Zoetis 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 Zoetis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zoetis 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 Zoetis stock prices may prove useful in developing a viable investing in Zoetis
Zoetis Inc. discovers, develops, manufactures, and commercializes animal health medicines, vaccines, and diagnostic products in the United States and internationally. The company was founded in 1952 and is headquartered in Parsippany, New Jersey. ZOETIS INC operates under Drug Manufacturers - Specialty Generic classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people.
Zoetis Stock Technical Analysis
Zoetis 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.
Price Boundaries
Zoetis Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Zoetis Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Zoetis December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Zoetis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zoetis shares will generate the highest return on investment. By undertsting and applying Zoetis stock market strength indicators, traders can identify Zoetis Inc entry and exit signals to maximize returns
Zoetis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zoetis' price direction in advance. Along with the technical and fundamental analysis of Zoetis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zoetis 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.
Risk Adjusted Performance | 0.0078 | |||
Jensen Alpha | 0.0024 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.0629 |
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Volume Indicators |
Complementary Tools for Zoetis Stock analysis
When running Zoetis' price analysis, check to measure Zoetis' 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 Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.
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