Zynex Inc Stock Price on May 3, 2024
| ZYXI Stock | USD 8.25 0.15 1.79% |
Below is the normalized historical share price chart for Zynex Inc extending back to June 13, 2000. 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 Zynex stands at 8.25, as last reported on the 20th of December, with the highest price reaching 8.72 and the lowest price hitting 8.21 during the day.
If you're considering investing in Zynex Stock, it is important to understand the factors that can impact its price. Zynex is somewhat reliable at the moment. Zynex Inc shows Sharpe Ratio of 0.0563, which attests that the company had a 0.0563% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zynex Inc, which you can use to evaluate the volatility of the company. Please check out Zynex's Mean Deviation of 2.2, market risk adjusted performance of 0.0488, and Downside Deviation of 3.11 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
As of now, Zynex's Capital Stock is increasing as compared to previous years. The Zynex's current Stock Based Compensation is estimated to increase to about 2.4 M, while Common Stock Shares Outstanding is projected to decrease to under 28.8 M. . As of now, Zynex's Price Cash Flow Ratio is increasing as compared to previous years. Zynex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of December 2002 | 200 Day MA 9.435 | 50 Day MA 8.297 | Beta 0.535 |
Zynex |
Sharpe Ratio = 0.0563
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Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Zynex is performing at about 4% 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 Zynex by adding it to a well-diversified portfolio.
Price Book 7.273 | Enterprise Value Ebitda 22.1879 | Price Sales 1.3813 | Shares Float 15.5 M | Wall Street Target Price 17.5 |
Zynex Main Headline on 3rd of May 2024
Acquisition by Disbrow Joshua R. of 10000 shares of Zynex su... by Disbrow Joshua R.
Filed transaction by Zynex Inc Director. Grant, award or other acquisition pursuant to Rule 16b-3
Zynex Valuation on May 3, 2024
It is possible to determine the worth of Zynex on a given historical date. On May 3, 2024 Zynex was worth 11.71 at the beginning of the trading date compared to the closed value of 11.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zynex stock. Still, in general, we apply an absolute valuation method to find Zynex'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 Zynex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zynex's related companies.
| Open | High | Low | Close | Volume | |
| 11.77 | 11.97 | 11.50 | 11.54 | 110,391 | |
05/03/2024 | 11.71 | 11.81 | 10.99 | 11.00 | 100,926 |
| 11.06 | 11.15 | 10.64 | 10.74 | 101,985 |
| Backtest Zynex | | | Zynex History | | | Zynex Valuation | Previous | Next |
Zynex Trading Date Momentum on May 3, 2024
| On May 06 2024 Zynex Inc was traded for 10.74 at the closing time. The top price for the day was 11.15 and the lowest listed price was 10.64 . The trading volume for the day was 102 K. The trading history from May 6, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 2.36% . The trading date delta against the current closing price is 4.64% . |
Zynex Inc Fundamentals Correlations and Trends
By evaluating Zynex'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 Zynex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zynex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zynex Stock history
Zynex 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 Zynex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zynex Inc 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 Zynex stock prices may prove useful in developing a viable investing in Zynex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 36.1 M | 28.8 M | |
| Net Income Applicable To Common Shares | 19.6 M | 20.6 M |
Zynex Quarterly Net Working Capital |
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Zynex Stock Technical Analysis
Zynex 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
Zynex Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Zynex Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Zynex December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Zynex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zynex shares will generate the highest return on investment. By undertsting and applying Zynex stock market strength indicators, traders can identify Zynex Inc entry and exit signals to maximize returns
Zynex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zynex's price direction in advance. Along with the technical and fundamental analysis of Zynex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zynex 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 | 0.0298 | |||
| Jensen Alpha | 0.0298 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0167 | |||
| Treynor Ratio | 0.0388 |
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Complementary Tools for Zynex Stock analysis
When running Zynex's price analysis, check to measure Zynex'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 Zynex is operating at the current time. Most of Zynex's value examination focuses on studying past and present price action to predict the probability of Zynex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zynex's price. Additionally, you may evaluate how the addition of Zynex to your portfolios can decrease your overall portfolio volatility.
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