ZIM Integrated (Germany) Market Value
| 2SV Stock | EUR 23.18 0.54 2.39% |
| Symbol | ZIM |
ZIM Integrated 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ZIM Integrated's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ZIM Integrated.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in ZIM Integrated on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding ZIM Integrated Shipping or generate 0.0% return on investment in ZIM Integrated over 60 days. ZIM Integrated is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services ... More
ZIM Integrated Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ZIM Integrated's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ZIM Integrated Shipping upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.6 | |||
| Information Ratio | 0.0715 | |||
| Maximum Drawdown | 35.06 | |||
| Value At Risk | (6.54) | |||
| Potential Upside | 14.17 |
ZIM Integrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZIM Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZIM Integrated's standard deviation. In reality, there are many statistical measures that can use ZIM Integrated historical prices to predict the future ZIM Integrated's volatility.| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | 0.6148 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.076 | |||
| Treynor Ratio | (0.96) |
ZIM Integrated Shipping Backtested Returns
ZIM Integrated appears to be somewhat reliable, given 3 months investment horizon. ZIM Integrated Shipping shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of standard deviation over the last 3 months. By analyzing ZIM Integrated's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize ZIM Integrated's Mean Deviation of 3.95, risk adjusted performance of 0.0804, and Downside Deviation of 5.6 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ZIM Integrated holds a performance score of 8. The firm maintains a market beta of -0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ZIM Integrated are expected to decrease at a much lower rate. During the bear market, ZIM Integrated is likely to outperform the market. Please check ZIM Integrated's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether ZIM Integrated's historical returns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
ZIM Integrated Shipping has weak reverse predictability. Overlapping area represents the amount of predictability between ZIM Integrated time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ZIM Integrated Shipping price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current ZIM Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 3.18 |
ZIM Integrated Shipping lagged returns against current returns
Autocorrelation, which is ZIM Integrated stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ZIM Integrated's stock expected returns. We can calculate the autocorrelation of ZIM Integrated returns to help us make a trade decision. For example, suppose you find that ZIM Integrated has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ZIM Integrated regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ZIM Integrated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZIM Integrated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZIM Integrated stock over time.
Current vs Lagged Prices |
| Timeline |
ZIM Integrated Lagged Returns
When evaluating ZIM Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZIM Integrated stock have on its future price. ZIM Integrated autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ZIM Integrated autocorrelation shows the relationship between ZIM Integrated stock current value and its past values and can show if there is a momentum factor associated with investing in ZIM Integrated Shipping.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in ZIM Stock
When determining whether ZIM Integrated Shipping is a strong investment it is important to analyze ZIM Integrated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ZIM Integrated's future performance. For an informed investment choice regarding ZIM Stock, refer to the following important reports:Check out ZIM Integrated Correlation, ZIM Integrated Volatility and ZIM Integrated Alpha and Beta module to complement your research on ZIM Integrated. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
ZIM Integrated 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.