ZTO EXPRESS (Germany) Price on June 21, 2023
ZTOB Stock | EUR 18.80 0.10 0.53% |
If you're considering investing in ZTO Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZTO EXPRESS stands at 18.80, as last reported on the 26th of December, with the highest price reaching 18.80 and the lowest price hitting 18.80 during the day. ZTO EXPRESS shows Sharpe Ratio of -0.0514, which attests that the company had a -0.0514% return per unit of standard deviation over the last 3 months. ZTO EXPRESS exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZTO EXPRESS's Downside Deviation of 3.57, risk adjusted performance of 0.0138, and Mean Deviation of 2.38 to validate the risk estimate we provide.
ZTO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZTO |
Sharpe Ratio = -0.0514
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Estimated Market Risk
3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZTO EXPRESS is not performing at its full potential. However, 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 ZTO EXPRESS by adding ZTO EXPRESS to a well-diversified portfolio.
ZTO EXPRESS Valuation on June 21, 2023
It is possible to determine the worth of ZTO EXPRESS on a given historical date. On June 21, 2023 ZTO was worth 22.39 at the beginning of the trading date compared to the closed value of 22.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZTO EXPRESS stock. Still, in general, we apply an absolute valuation method to find ZTO EXPRESS'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 ZTO EXPRESS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZTO EXPRESS's related companies.
Open | High | Low | Close | Volume | |
23.15 | 23.15 | 23.15 | 23.15 | 1.00 | |
06/21/2023 | 22.39 | 22.39 | 22.39 | 22.39 | 1.00 |
22.20 | 22.20 | 22.20 | 22.20 | 1.00 |
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ZTO EXPRESS Trading Date Momentum on June 21, 2023
On June 22 2023 ZTO EXPRESS was traded for 22.20 at the closing time. The maximum traded price for the trading interval was 22.20 and the lowest daily price was 22.20 . There was no trading activity during the period 1.0. Lack of trading volume on 22nd of June 2023 played a part in the next trading day price drop. The trading date delta to the next closing price was 0.85% . The trading date delta to the closing price today is 1.70% . |
ZTO EXPRESS Fundamentals Correlations and Trends
By evaluating ZTO EXPRESS'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 ZTO EXPRESS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZTO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZTO EXPRESS Stock history
ZTO EXPRESS 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 ZTO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZTO EXPRESS 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 ZTO EXPRESS stock prices may prove useful in developing a viable investing in ZTO EXPRESS
ZTO Express Inc. provides express delivery and other value-added logistics services in the Peoples Republic of China. The company was founded in 2002 and is headquartered in Shanghai, the Peoples Republic of China. ZTO EXPRESS operates under Integrated Freight Logistics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 22536 people.
ZTO EXPRESS Stock Technical Analysis
ZTO EXPRESS 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
ZTO EXPRESS Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
ZTO EXPRESS 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.
ZTO EXPRESS December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ZTO EXPRESS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZTO EXPRESS shares will generate the highest return on investment. By undertsting and applying ZTO EXPRESS stock market strength indicators, traders can identify ZTO EXPRESS entry and exit signals to maximize returns
ZTO EXPRESS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZTO EXPRESS's price direction in advance. Along with the technical and fundamental analysis of ZTO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZTO 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 | 0.0138 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0314 |
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Volume Indicators |
Complementary Tools for ZTO Stock analysis
When running ZTO EXPRESS's price analysis, check to measure ZTO EXPRESS'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 ZTO EXPRESS is operating at the current time. Most of ZTO EXPRESS's value examination focuses on studying past and present price action to predict the probability of ZTO EXPRESS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZTO EXPRESS's price. Additionally, you may evaluate how the addition of ZTO EXPRESS to your portfolios can decrease your overall portfolio volatility.
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