Zynex Inc Stock Price on December 10, 2024

ZYXI Stock  USD 7.92  0.07  0.88%   
If you're considering investing in Zynex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zynex stands at 7.92, as last reported on the 7th of February, with the highest price reaching 8.09 and the lowest price hitting 7.91 during the day. Zynex Inc shows Sharpe Ratio of -0.1, which attests that the company had a -0.1 % return per unit of risk over the last 3 months. Zynex Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zynex's Standard Deviation of 2.41, mean deviation of 1.81, and Market Risk Adjusted Performance of (0.32) to validate the risk estimate we provide.
  
Zynex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1018

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Estimated Market Risk

 2.39
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zynex 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 Zynex by adding Zynex to a well-diversified portfolio.

Related Headline

EDAP TMS Headline on 10th of December 2024

Orion Capital Management LLC lifted its position in Edap Tms S.A. by 10.4 percent during the third quarter, according to the company in its most recent filing with the Securities Exchange Commission. The fund owned 69,800 shares of the medical equipment providers stock after buying an additional 6,600 shares during the

Zynex Valuation on December 10, 2024

It is possible to determine the worth of Zynex on a given historical date. On December 10, 2024 Zynex was worth 8.18 at the beginning of the trading date compared to the closed value of 8.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zynex stock. Still, in general, we apply an absolute valuation method to find Zynex'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 Zynex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zynex's related companies.
 Open High Low Close Volume
  8.16    8.39    8.10    8.19    67,100  
12/10/2024
  8.18    8.42    8.15    8.40    38,100  
  8.45    8.56    8.15    8.15    118,800  
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Open Value
8.18
8.4
Closing Value
15.36
Upside

Zynex Trading Date Momentum on December 10, 2024

On December 11 2024 Zynex Inc was traded for  8.15  at the closing time. The top price for the day was 8.56  and the lowest listed price was  8.15 . The trading volume for the day was 118.8 K. The trading history from December 11, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 2.98% . The trading date delta against the current closing price is 1.43% .

Zynex Inc Fundamentals Correlations and Trends

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

About Zynex Stock history

Zynex 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 Zynex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zynex 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 Zynex stock prices may prove useful in developing a viable investing in Zynex
Zynex, Inc., through its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain and activate and exercise muscles for rehabilitative purposes with electrical stimulation. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado. Zynex operates under Medical Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 774 people.

Zynex Stock Technical Analysis

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

Zynex Period Price Range

Low
February 7, 2025
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Zynex 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.

Zynex February 7, 2025 Market Strength

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

Zynex Technical and Predictive Indicators

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

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