Zimmer Biomet (Germany) Technical Analysis

ZIM Stock  EUR 101.45  0.10  0.1%   
As of the 22nd of December, Zimmer Biomet maintains the Mean Deviation of 1.05, downside deviation of 1.13, and Market Risk Adjusted Performance of 0.3364. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zimmer Biomet Holdings, as well as the relationship between them. Please check out Zimmer Biomet Holdings jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Zimmer Biomet Holdings is priced fairly, providing market reflects its latest price of 101.45 per share.

Zimmer Biomet Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zimmer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Zimmer
  
Zimmer Biomet's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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...

Zimmer Biomet Holdings Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Zimmer Biomet Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Zimmer Biomet Holdings Trend Analysis

Use this graph to draw trend lines for Zimmer Biomet Holdings. You can use it to identify possible trend reversals for Zimmer Biomet as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Zimmer Biomet price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Zimmer Biomet Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Zimmer Biomet Holdings applied against its price change over selected period. The best fit line has a slop of   0.18  , which means Zimmer Biomet Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1293.08, which is the sum of squared deviations for the predicted Zimmer Biomet price change compared to its average price change.

About Zimmer Biomet Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Zimmer Biomet Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Zimmer Biomet Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zimmer Biomet Holdings price pattern first instead of the macroeconomic environment surrounding Zimmer Biomet Holdings. By analyzing Zimmer Biomet's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Zimmer Biomet's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Zimmer Biomet specific price patterns or momentum indicators. Please read more on our technical analysis page.

Zimmer Biomet December 22, 2024 Technical Indicators

Most technical analysis of Zimmer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Zimmer from various momentum indicators to cycle indicators. When you analyze Zimmer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

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.
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