Zimmer Biomet Hldgs Bond Technical Analysis
| 98956PAG7 | 86.89 0.00 0.00% |
As of the 30th of January, ZIMMER maintains the Mean Deviation of 1.26, risk adjusted performance of (0.04), and Standard Deviation of 2.18. In relation to fundamental indicators, the technical analysis model lets you check available technical drivers of ZIMMER BIOMET HLDGS, as well as the relationship between them.
ZIMMER Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZIMMER, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZIMMERZIMMER |
ZIMMER technical bond 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, bond market cycles, or different charting patterns.
ZIMMER BIOMET HLDGS Trend Analysis
Use this graph to draw trend lines for ZIMMER BIOMET HLDGS. You can use it to identify possible trend reversals for ZIMMER as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ZIMMER price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZIMMER Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZIMMER BIOMET HLDGS applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that ZIMMER BIOMET HLDGS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 186.72, which is the sum of squared deviations for the predicted ZIMMER price change compared to its average price change.About ZIMMER Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ZIMMER BIOMET HLDGS on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ZIMMER BIOMET HLDGS based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on ZIMMER BIOMET HLDGS price pattern first instead of the macroeconomic environment surrounding ZIMMER BIOMET HLDGS. By analyzing ZIMMER's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ZIMMER's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ZIMMER specific price patterns or momentum indicators. Please read more on our technical analysis page.
ZIMMER January 30, 2025 Technical Indicators
Most technical analysis of ZIMMER help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ZIMMER from various momentum indicators to cycle indicators. When you analyze ZIMMER charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 1.22 | |||
| Mean Deviation | 1.26 | |||
| Coefficient Of Variation | (1,921) | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.76 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 1.21 | |||
| Maximum Drawdown | 16.88 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 3.86 | |||
| Skewness | (0.94) | |||
| Kurtosis | 9.24 |
Other Information on Investing in ZIMMER Bond
ZIMMER financial ratios help investors to determine whether ZIMMER Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ZIMMER with respect to the benefits of owning ZIMMER security.