Zimplats Holdings Limited Stock Price on October 21, 2024
ZMPLF Stock | USD 9.12 0.00 0.00% |
If you're considering investing in Zimplats Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Zimplats Holdings stands at 9.12, as last reported on the 23rd of December, with the highest price reaching 9.12 and the lowest price hitting 9.12 during the day. Zimplats Holdings shows Sharpe Ratio of -0.0056, which attests that the company had a -0.0056% return per unit of risk over the last 3 months. Zimplats Holdings exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zimplats Holdings' Market Risk Adjusted Performance of (0.32), mean deviation of 0.7959, and Standard Deviation of 3.27 to validate the risk estimate we provide.
Zimplats Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Zimplats |
Sharpe Ratio = -0.0056
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Estimated Market Risk
3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zimplats Holdings 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 Zimplats Holdings by adding Zimplats Holdings to a well-diversified portfolio.
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Zimplats Holdings Valuation on October 21, 2024
It is possible to determine the worth of Zimplats Holdings on a given historical date. On October 21, 2024 Zimplats was worth 9.63 at the beginning of the trading date compared to the closed value of 9.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zimplats Holdings pink sheet. Still, in general, we apply an absolute valuation method to find Zimplats Holdings' 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 Zimplats Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zimplats Holdings' related companies.
Open | High | Low | Close | Volume | |
9.35 | 9.35 | 9.35 | 9.35 | 100.00 | |
10/21/2024 | 9.63 | 9.63 | 9.63 | 9.63 | 400.00 |
9.88 | 10.08 | 9.88 | 10.08 | 200.00 |
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Zimplats Holdings Trading Date Momentum on October 21, 2024
On October 22 2024 Zimplats Holdings Limited was traded for 10.08 at the closing time. The highest daily price throughout the period was 10.08 and the lowest price was 9.88 . The daily volume was 200. The net trading volume on 10/22/2024 added to the next day price rise. The trading date delta to closing price of the next trading day was 4.67% . The trading date delta to current closing price is 13.81% . |
Zimplats Holdings Fundamentals Correlations and Trends
By evaluating Zimplats Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zimplats Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zimplats financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zimplats Holdings Pink Sheet history
Zimplats Holdings 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 Zimplats is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zimplats 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 Zimplats Holdings stock prices may prove useful in developing a viable investing in Zimplats Holdings
Zimplats Holdings Limited, together with its subsidiaries, engages in the production of platinum and associated metals in the Great Dyke in Zimbabwe. Zimplats Holdings Limited is a subsidiary of Impala Platinum BV. Zimplats Holdings operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 3665 people.
Zimplats Holdings Pink Sheet Technical Analysis
Zimplats Holdings technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Zimplats Holdings Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Zimplats Holdings December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Zimplats Holdings pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zimplats Holdings shares will generate the highest return on investment. By undertsting and applying Zimplats Holdings pink sheet market strength indicators, traders can identify Zimplats Holdings Limited entry and exit signals to maximize returns
Zimplats Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zimplats Holdings' price direction in advance. Along with the technical and fundamental analysis of Zimplats Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zimplats 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 | 0.0032 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (0.33) |
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Complementary Tools for Zimplats Pink Sheet analysis
When running Zimplats Holdings' price analysis, check to measure Zimplats Holdings' 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 Zimplats Holdings is operating at the current time. Most of Zimplats Holdings' value examination focuses on studying past and present price action to predict the probability of Zimplats Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zimplats Holdings' price. Additionally, you may evaluate how the addition of Zimplats Holdings to your portfolios can decrease your overall portfolio volatility.
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