Zim Integrated Shipping Stock Market Value
| ZIM Stock | USD 23.78 0.45 1.86% |
| Symbol | ZIM |
ZIM Integrated Shipping Price To Book Ratio
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZIM Integrated. If investors know ZIM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZIM Integrated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share 11.94 | Revenue Per Share 49.657 | Quarterly Revenue Growth 0.476 | Return On Assets 0.0225 |
The market value of ZIM Integrated Shipping is measured differently than its book value, which is the value of ZIM that is recorded on the company's balance sheet. Investors also form their own opinion of ZIM Integrated's value that differs from its market value or its book value, called intrinsic value, which is ZIM Integrated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZIM Integrated's market value can be influenced by many factors that don't directly affect ZIM Integrated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZIM Integrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZIM Integrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZIM Integrated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in ZIM Integrated on August 2, 2023 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 480 days. ZIM Integrated is related to or competes with Golden Ocean, Genco Shipping, Global Ship, Diana Shipping, Star Bulk, Danaos, and Navios Maritime. 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 | 4.39 | |||
| Information Ratio | 0.0479 | |||
| Maximum Drawdown | 24.87 | |||
| Value At Risk | (7.43) | |||
| Potential Upside | 9.01 |
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 | 0.0663 | |||
| Jensen Alpha | 0.3621 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0516 | |||
| Treynor Ratio | (2.86) |
ZIM Integrated Shipping Backtested Returns
ZIM Integrated appears to be slightly risky, given 3 months investment horizon. ZIM Integrated Shipping shows Sharpe Ratio of 0.0983, which attests that the company had a 0.0983% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for ZIM Integrated Shipping, which you can use to evaluate the volatility of the company. Please utilize ZIM Integrated's Mean Deviation of 3.54, risk adjusted performance of 0.0663, and Downside Deviation of 4.39 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 7. The firm maintains a market beta of -0.12, which attests to not very significant fluctuations relative to the market. 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 skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether ZIM Integrated's historical returns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
ZIM Integrated Shipping has insignificant reverse predictability. Overlapping area represents the amount of predictability between ZIM Integrated time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 -0.2 indicates that over 20.0% of current ZIM Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 18.58 |
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 |
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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.