ZTE (Germany) Price on July 3, 2024
| FZM Stock | EUR 2.33 0.03 1.30% |
If you're considering investing in ZTE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZTE stands at 2.33, as last reported on the 11th of December 2024, with the highest price reaching 2.33 and the lowest price hitting 2.33 during the day. ZTE appears to be dangerous, given 3 months investment horizon. ZTE Corporation shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of volatility over the last 3 months. By analyzing ZTE's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize ZTE's Downside Deviation of 4.9, risk adjusted performance of 0.0968, and Mean Deviation of 3.01 to validate if our risk estimates are consistent with your expectations.
ZTE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZTE |
Sharpe Ratio = 0.1217
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Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ZTE is performing at about 9% 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 ZTE by adding it to a well-diversified portfolio.
ZTE Valuation on July 3, 2024
It is possible to determine the worth of ZTE on a given historical date. On July 3, 2024 ZTE was worth 1.32 at the beginning of the trading date compared to the closed value of 1.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZTE stock. Still, in general, we apply an absolute valuation method to find ZTE'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 ZTE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZTE's related companies.
| Open | High | Low | Close | Volume | |
| 1.30 | 1.30 | 1.30 | 1.30 | 11,378 | |
07/03/2024 | 1.32 | 1.35 | 1.32 | 1.35 | 200.00 |
| 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
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ZTE Trading Date Momentum on July 3, 2024
| On July 04 2024 ZTE Corporation was traded for 2.00 at the closing time. The highest daily price throughout the period was 2.00 and the lowest price was 2.00 . There was no trading activity during the period 1.0. Lack of trading volume on 07/04/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 48.15% . The trading date delta to current closing price is 56.30% . |
ZTE Corporation Fundamentals Correlations and Trends
By evaluating ZTE'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 ZTE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZTE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZTE Stock history
ZTE 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 ZTE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZTE Corporation 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 ZTE stock prices may prove useful in developing a viable investing in ZTE
ZTE Corporation provides integrated telecommunications and information technology solutions worldwide. The company was founded in 1985 and is headquartered in Shenzhen, the Peoples Republic of China. ZTE CORP is traded on Frankfurt Stock Exchange in Germany.
ZTE Stock Technical Analysis
ZTE 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
ZTE Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
ZTE Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
ZTE December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ZTE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZTE shares will generate the highest return on investment. By undertsting and applying ZTE stock market strength indicators, traders can identify ZTE Corporation entry and exit signals to maximize returns
ZTE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZTE's price direction in advance. Along with the technical and fundamental analysis of ZTE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZTE 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 | 0.0968 | |||
| Jensen Alpha | 0.6065 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0956 | |||
| Treynor Ratio | (2.83) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ZTE Stock analysis
When running ZTE's price analysis, check to measure ZTE'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 ZTE is operating at the current time. Most of ZTE's value examination focuses on studying past and present price action to predict the probability of ZTE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZTE's price. Additionally, you may evaluate how the addition of ZTE to your portfolios can decrease your overall portfolio volatility.
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