Zimmer Biomet Holdings Stock Price on January 3, 2018

ZBH Stock  USD 131.98  0.63  0.48%   
Below is the normalized historical share price chart for Zimmer Biomet Holdings extending back to July 25, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zimmer Biomet stands at 131.98, as last reported on the 28th of March, with the highest price reaching 133.90 and the lowest price hitting 131.60 during the day.
IPO Date
25th of July 2001
200 Day MA
122.5997
50 Day MA
125.2126
Beta
1.007
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zimmer Stock, it is important to understand the factors that can impact its price. We consider Zimmer Biomet very steady. Zimmer Biomet Holdings shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zimmer Biomet Holdings, which you can use to evaluate the volatility of the company. Please check out Zimmer Biomet's Market Risk Adjusted Performance of 0.198, downside deviation of 1.01, and Mean Deviation of 0.8679 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
  
As of now, Zimmer Biomet's Other Stockholder Equity is increasing as compared to previous years. The Zimmer Biomet's current Capital Stock is estimated to increase to about 3.4 M, while Common Stock Shares Outstanding is projected to decrease to under 164.9 M. . As of now, Zimmer Biomet's Price Cash Flow Ratio is increasing as compared to previous years. The Zimmer Biomet's current Price Sales Ratio is estimated to increase to 4.51, while Price Book Value Ratio is projected to decrease to 1.94. Zimmer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1206

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashZBHAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.21
  actual daily
10
90% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Zimmer Biomet is performing at about 9% of its full potential. 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 Zimmer Biomet by adding it to a well-diversified portfolio.
Price Book
2.1012
Enterprise Value Ebitda
14.2874
Price Sales
3.6525
Shares Float
204.6 M
Dividend Share
0.96

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Zimmer Biomet Stock history

Zimmer Biomet 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 Zimmer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zimmer Biomet Holdings 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 Zimmer Biomet stock prices may prove useful in developing a viable investing in Zimmer Biomet
Last ReportedProjected for 2024
Common Stock Shares Outstanding209.7 M164.9 M
Net Income Applicable To Common Shares266.1 M252.8 M

Zimmer Biomet Quarterly Net Working Capital

1.75 Billion

Zimmer Biomet Stock Technical Analysis

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

Zimmer Biomet Period Price Range

Zimmer Biomet March 28, 2024 Market Strength

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

Zimmer Biomet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zimmer Biomet's price direction in advance. Along with the technical and fundamental analysis of Zimmer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zimmer 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.
When determining whether Zimmer Biomet Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zimmer Biomet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zimmer Biomet Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zimmer Biomet Holdings Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimmer Biomet Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Zimmer Biomet Holdings information on this page should be used as a complementary analysis to other Zimmer Biomet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Zimmer Stock analysis

When running Zimmer Biomet's price analysis, check to measure Zimmer Biomet'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 Zimmer Biomet is operating at the current time. Most of Zimmer Biomet's value examination focuses on studying past and present price action to predict the probability of Zimmer Biomet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zimmer Biomet's price. Additionally, you may evaluate how the addition of Zimmer Biomet to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Global Correlations
Find global opportunities by holding instruments from different markets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Is Zimmer Biomet's industry 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 Zimmer Biomet. If investors know Zimmer 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 Zimmer Biomet 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
(0.16)
Dividend Share
0.96
Earnings Share
4.88
Revenue Per Share
35.43
Quarterly Revenue Growth
0.063
The market value of Zimmer Biomet Holdings is measured differently than its book value, which is the value of Zimmer that is recorded on the company's balance sheet. Investors also form their own opinion of Zimmer Biomet's value that differs from its market value or its book value, called intrinsic value, which is Zimmer Biomet'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 Zimmer Biomet's market value can be influenced by many factors that don't directly affect Zimmer Biomet'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 Zimmer Biomet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zimmer Biomet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zimmer Biomet'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.