Zoom Video Communications Stock Price on February 28, 2024
ZM Stock | USD 85.44 0.23 0.27% |
Below is the normalized historical share price chart for Zoom Video Communications extending back to April 18, 2019. 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 Zoom Video stands at 85.44, as last reported on the 26th of December, with the highest price reaching 86.14 and the lowest price hitting 84.85 during the day.
If you're considering investing in Zoom Stock, it is important to understand the factors that can impact its price. Zoom Video appears to be very steady, given 3 months investment horizon. Zoom Video Communications shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zoom Video Communications, which you can use to evaluate the volatility of the company. Please utilize Zoom Video's Mean Deviation of 1.6, downside deviation of 2.31, and Market Risk Adjusted Performance of 0.339 to validate if our risk estimates are consistent with your expectations.
At this time, Zoom Video's Total Stockholder Equity is very stable compared to the past year. As of the 26th of December 2024, Common Stock Shares Outstanding is likely to grow to about 313.1 M, while Common Stock Total Equity is likely to drop about 272.1 K. . At this time, Zoom Video's Price Earnings Ratio is very stable compared to the past year. As of the 26th of December 2024, Price Book Value Ratio is likely to grow to 2.54, while Price To Operating Cash Flows Ratio is likely to drop 11.55. Zoom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of April 2019 | 200 Day MA 67.1858 | 50 Day MA 80.2012 | Beta (0.06) |
Zoom |
Sharpe Ratio = 0.1614
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Estimated Market Risk
2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Zoom Video is performing at about 12% 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 Zoom Video by adding it to a well-diversified portfolio.
Price Book 3.0251 | Enterprise Value Ebitda 21.3536 | Price Sales 5.7244 | Shares Float 261.5 M | Wall Street Target Price 91.597 |
Zoom Video Valuation on February 28, 2024
It is possible to determine the worth of Zoom Video on a given historical date. On February 28, 2024 Zoom was worth 67.73 at the beginning of the trading date compared to the closed value of 69.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zoom Video stock. Still, in general, we apply an absolute valuation method to find Zoom Video'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 Zoom Video where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zoom Video's related companies.
Open | High | Low | Close | Volume | |
67.15 | 69.48 | 65.06 | 68.17 | 18,558,000 | |
02/28/2024 | 67.73 | 70.61 | 67.57 | 69.62 | 8,100,900 |
70.00 | 71.30 | 69.07 | 70.73 | 5,830,400 |
Backtest Zoom Video | | | Zoom Video History | | | Zoom Video Valuation | Previous | Next |
Zoom Video Trading Date Momentum on February 28, 2024
On February 29 2024 Zoom Video Communications was traded for 70.73 at the closing time. The highest price during the trading period was 71.30 and the lowest recorded bid was listed for 69.07 . The volume for the day was 5.8 M. This history from February 29, 2024 contributed to the next trading day price boost. The trading date delta to the next closing price was 1.59% . The trading date delta to the current price is 3.49% . |
Zoom Video Communications Fundamentals Correlations and Trends
By evaluating Zoom Video'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 Zoom Video's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zoom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zoom Video Stock history
Zoom Video 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 Zoom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zoom Video Communications 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 Zoom Video stock prices may prove useful in developing a viable investing in Zoom Video
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 308.5 M | 313.1 M | |
Net Income Applicable To Common Shares | 119.3 M | 113.3 M |
Zoom Video Quarterly Net Working Capital |
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Zoom Video Stock Technical Analysis
Zoom Video 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
Zoom Video Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Zoom Video Communications 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.
Zoom Video December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Zoom Video stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zoom Video shares will generate the highest return on investment. By undertsting and applying Zoom Video stock market strength indicators, traders can identify Zoom Video Communications entry and exit signals to maximize returns
Zoom Video Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zoom Video's price direction in advance. Along with the technical and fundamental analysis of Zoom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zoom 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 | 0.1392 | |||
Jensen Alpha | 0.3091 | |||
Total Risk Alpha | 0.2527 | |||
Sortino Ratio | 0.1346 | |||
Treynor Ratio | 0.329 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zoom Video. If investors know Zoom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zoom Video listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.173 | Earnings Share 3.01 | Revenue Per Share 14.962 | Quarterly Revenue Growth 0.021 | Return On Assets 0.0478 |
The market value of Zoom Video Communications is measured differently than its book value, which is the value of Zoom that is recorded on the company's balance sheet. Investors also form their own opinion of Zoom Video's value that differs from its market value or its book value, called intrinsic value, which is Zoom Video's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zoom Video's market value can be influenced by many factors that don't directly affect Zoom Video's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zoom Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoom Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoom Video's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.