Acquisition by Sreelakshmi Kolli of 144 shares of Zimmer Biomet at 108.48 subject to Rule 16b-3
| ZBH Stock | USD 104.47 0.01 0.01% |
Under 56% of Zimmer Biomet's investor base is looking to short. The analysis of overall sentiment of trading Zimmer Biomet Holdings stock suggests that many investors are alarmed at this time. Zimmer Biomet's investing sentiment shows overall attitude of investors towards Zimmer Biomet Holdings.
Zimmer |
Filed transaction by Zimmer Biomet Holdings Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
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Zimmer Biomet Fundamental Analysis
We analyze Zimmer Biomet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zimmer Biomet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zimmer Biomet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Zimmer Biomet is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Zimmer Biomet Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Zimmer Biomet stock to make a market-neutral strategy. Peer analysis of Zimmer Biomet could also be used in its relative valuation, which is a method of valuing Zimmer Biomet by comparing valuation metrics with similar companies.
Peers
Zimmer Biomet Related Equities
| EW | Edwards Lifesciences | 1.82 | ||||
| BRKR | Bruker | 1.56 | ||||
| BSX | Boston Scientific | 1.47 | ||||
| BIO | Bio Rad | 1.41 | ||||
| ITGR | Integer Holdings | 1.30 | ||||
| GKOS | Glaukos Corp | 1.18 | ||||
| MDT | Medtronic PLC | 0.91 | ||||
| CNMD | CONMED | 0.89 | ||||
| SYK | Stryker | 0.78 | ||||
| OFIX | Orthofix Medical | 0.52 | ||||
| LUNG | Pulmonx Corp | 0.46 | ||||
| CVRX | CVRx | 0.44 | ||||
| ABT | Abbott Laboratories | 0.34 | ||||
| SNNUF | Smith Nephew | 0.00 | ||||
| SRDX | SurModics | 0.40 |
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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