Zumtobel Group (Austria) Price on November 5, 2024
| ZAG Stock | EUR 5.04 0.08 1.61% |
If you're considering investing in Zumtobel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zumtobel Group stands at 5.04, as last reported on the 14th of December 2024, with the highest price reaching 5.10 and the lowest price hitting 4.92 during the day. Zumtobel Group AG 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. Zumtobel Group AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zumtobel Group's Market Risk Adjusted Performance of 0.4786, mean deviation of 1.13, and Standard Deviation of 1.61 to validate the risk estimate we provide.
Zumtobel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zumtobel |
Sharpe Ratio = -0.1153
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zumtobel Group is not performing at its full potential. However, 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 Zumtobel Group by adding Zumtobel Group to a well-diversified portfolio.
Zumtobel Group Valuation on November 5, 2024
It is possible to determine the worth of Zumtobel Group on a given historical date. On November 5, 2024 Zumtobel was worth 5.3 at the beginning of the trading date compared to the closed value of 5.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zumtobel Group stock. Still, in general, we apply an absolute valuation method to find Zumtobel Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Zumtobel Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zumtobel Group's related companies.
| Open | High | Low | Close | Volume | |
| 5.32 | 5.44 | 5.28 | 5.34 | 18,890 | |
11/05/2024 | 5.30 | 5.34 | 5.24 | 5.34 | 9,341 |
| 5.36 | 5.38 | 5.28 | 5.28 | 5,495 |
| Backtest Zumtobel Group | | | Zumtobel Group History | | | Zumtobel Group Valuation | Previous | Next |
Zumtobel Group Trading Date Momentum on November 5, 2024
| On November 06 2024 Zumtobel Group AG was traded for 5.28 at the closing time. The maximum traded price for the trading interval was 5.38 and the lowest daily price was 5.28 . The daily volume was recorded at 5.5 K. The volume of trading on 6th of November 2024 played a part in the next trading day price drop. The trading date delta to the next closing price was 1.12% . The trading date delta to the closing price today is 4.87% . |
Zumtobel Group AG Fundamentals Correlations and Trends
By evaluating Zumtobel Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zumtobel Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zumtobel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zumtobel Group Stock history
Zumtobel Group 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 Zumtobel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zumtobel Group AG 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 Zumtobel Group stock prices may prove useful in developing a viable investing in Zumtobel Group
Zumtobel Group Stock Technical Analysis
Zumtobel Group 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.
Price Boundaries
Zumtobel Group Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Zumtobel Group AG cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Zumtobel Group December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Zumtobel Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zumtobel Group shares will generate the highest return on investment. By undertsting and applying Zumtobel Group stock market strength indicators, traders can identify Zumtobel Group AG entry and exit signals to maximize returns
Zumtobel Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zumtobel Group's price direction in advance. Along with the technical and fundamental analysis of Zumtobel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zumtobel 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.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.4686 |
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Complementary Tools for Zumtobel Stock analysis
When running Zumtobel Group's price analysis, check to measure Zumtobel Group'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 Zumtobel Group is operating at the current time. Most of Zumtobel Group's value examination focuses on studying past and present price action to predict the probability of Zumtobel Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zumtobel Group's price. Additionally, you may evaluate how the addition of Zumtobel Group to your portfolios can decrease your overall portfolio volatility.
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