The firm maintains market beta of 0.0 which attests that the returns on MARKET and Zenith Healthcare are completely uncorrelated. Although it is extremely important to respect Zenith Healthcare
historical price patterns
, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By examining Zenith Healthcare technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Zenith Healthcare
right now maintains a risk of 0.0%. Please check out Zenith Healthcare Information Ratio
, Potential Upside
as well as the relationship
between Potential Upside and Kurtosis
to decide if Zenith Healthcare will be following its historical returns.
Over the last 30 days Zenith Healthcare Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Zenith Healthcare is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholder.
|Fifty Two Week Low||1.1400|
|Fifty Two Week High||3.1200|