Zim Integrated Shipping Stock Technical Analysis
| ZIM Stock | USD 23.78 0.45 1.86% |
As of the 24th of November, ZIM Integrated maintains the Risk Adjusted Performance of 0.0663, mean deviation of 3.54, and Downside Deviation of 4.39. In relation to fundamental indicators, the technical analysis model lets you check available technical drivers of ZIM Integrated Shipping, as well as the relationship between them. Please check out ZIM Integrated Shipping variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if ZIM Integrated Shipping is priced some-what accurately, providing market reflects its latest price of 23.78 per share. Given that ZIM Integrated Shipping has jensen alpha of 0.3621, we strongly advise you to confirm ZIM Integrated Shipping's prevalent market performance to make sure the company can sustain itself next year.
ZIM Integrated Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZIM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZIMZIM |
ZIM Integrated Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.62 | Hold | 7 | Odds |
Most ZIM analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ZIM stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ZIM Integrated Shipping, talking to its executives and customers, or listening to ZIM conference calls.
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.
ZIM Integrated Shipping Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ZIM Integrated Shipping volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ZIM Integrated Shipping Trend Analysis
Use this graph to draw trend lines for ZIM Integrated Shipping. You can use it to identify possible trend reversals for ZIM Integrated 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 ZIM Integrated price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZIM Integrated Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZIM Integrated Shipping applied against its price change over selected period. The best fit line has a slop of 0.13 , which may imply that ZIM Integrated Shipping will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 662.07, which is the sum of squared deviations for the predicted ZIM Integrated price change compared to its average price change.About ZIM Integrated 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 ZIM Integrated Shipping 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 ZIM Integrated Shipping based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ZIM Integrated Shipping price pattern first instead of the macroeconomic environment surrounding ZIM Integrated Shipping. By analyzing ZIM Integrated'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 ZIM Integrated'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 ZIM Integrated specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0792 | 1.6 | 0.65 | 0.62 | Price To Sales Ratio | 0.63 | 0.16 | 0.23 | 0.22 |
ZIM Integrated November 24, 2024 Technical Indicators
Most technical analysis of ZIM 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 ZIM from various momentum indicators to cycle indicators. When you analyze ZIM 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0663 | |||
| Market Risk Adjusted Performance | (2.85) | |||
| Mean Deviation | 3.54 | |||
| Semi Deviation | 4.21 | |||
| Downside Deviation | 4.39 | |||
| Coefficient Of Variation | 1325.2 | |||
| Standard Deviation | 4.74 | |||
| Variance | 22.44 | |||
| Information Ratio | 0.0479 | |||
| Jensen Alpha | 0.3621 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0516 | |||
| Treynor Ratio | (2.86) | |||
| Maximum Drawdown | 24.87 | |||
| Value At Risk | (7.43) | |||
| Potential Upside | 9.01 | |||
| Downside Variance | 19.28 | |||
| Semi Variance | 17.75 | |||
| Expected Short fall | (4.01) | |||
| Skewness | 0.1558 | |||
| Kurtosis | 0.6662 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZIM Integrated Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.