Zoom Video Communications Stock Price on November 16, 2023

ZM Stock  USD 85.60  1.55  1.84%   
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 85.60, as last reported on the 23rd of December, with the highest price reaching 86.10 and the lowest price hitting 82.86 during the day.
IPO Date
18th of April 2019
200 Day MA
67.0153
50 Day MA
79.5538
Beta
(0.06)
 
Covid
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-nine 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 1.61, market risk adjusted performance of 0.3697, and Downside Deviation of 2.36 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 23rd 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 23rd 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.

Sharpe Ratio = 0.1617

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Estimated Market Risk

 2.17
  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
3.0226
Enterprise Value Ebitda
21.329
Price Sales
5.7197
Shares Float
261.5 M
Wall Street Target Price
91.597

Zoom Video Valuation on November 16, 2023

It is possible to determine the worth of Zoom Video on a given historical date. On November 16, 2023 Zoom was worth 63.29 at the beginning of the trading date compared to the closed value of 63.4. 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
  63.16    65.40    63.15    63.74    3,720,000  
11/16/2023
  63.29    63.98    63.10    63.40    2,440,000  
  64.43    64.76    63.57    64.12    4,220,000  
Backtest Zoom Video  |  Zoom Video History  |  Zoom Video Valuation   PreviousNext  
Open Value
63.29
63.4
Closing Value
69.80
Upside

Zoom Video Trading Date Momentum on November 16, 2023

On November 17 2023 Zoom Video Communications was traded for  64.12  at the closing time. The highest price during the trading period was 64.76  and the lowest recorded bid was listed for  63.57 . The volume for the day was 4.2 M. This history from November 17, 2023 contributed to the next trading day price boost. The trading date delta to the next closing price was 1.14% . The trading date delta to the current price is 1.56% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding308.5 M313.1 M
Net Income Applicable To Common Shares119.3 M113.3 M

Zoom Video Quarterly Net Working Capital

6.68 Billion

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.
A focus of Zoom Video technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zoom Video 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...

Price Boundaries

Zoom Video Period Price Range

Low
December 23, 2024
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High

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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 23, 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.
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.