Zimmer Biomet Holdings Stock Price Prediction
| ZBH Stock | USD 122.07 1.93 1.56% |
Oversold Vs Overbought
58
Oversold | Overbought |
Zimmer Biomet Holdings stock price prediction is an act of determining the future value of Zimmer Biomet shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Zimmer Biomet's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Zimmer Biomet and does not consider all of the tangible or intangible factors available from Zimmer Biomet's fundamental data. We analyze noise-free headlines and recent hype associated with Zimmer Biomet Holdings, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Zimmer Biomet's stock price prediction:Quarterly Earnings Growth (0.16) | EPS Estimate Next Quarter 1.91 | EPS Estimate Current Year 8.06 | EPS Estimate Next Year 8.68 | Wall Street Target Price 137.17 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Zimmer Biomet based on different types of headlines from major news networks to social media. The Zimmer stock price prediction module provides an analysis of price elasticity to changes in media outlook on Zimmer Biomet over a specific investment horizon. Using Zimmer Biomet hype-based prediction, you can estimate the value of Zimmer Biomet Holdings from the perspective of Zimmer Biomet response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Zimmer Biomet using Zimmer Biomet's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Zimmer using crowd psychology based on the activity and movement of Zimmer Biomet's stock price.
Zimmer Biomet Short Interest
A significant increase or decrease in Zimmer Biomet's short interest from the previous month could be a good indicator of investor sentiment towards Zimmer. Short interest can provide insight into the potential direction of Zimmer Biomet stock and how bullish or bearish investors feel about the market overall. An investor who is long Zimmer Biomet may also wish to track short interest. As short interest increases, investors should be becoming more worried about Zimmer Biomet and may potentially protect profits, hedge Zimmer Biomet with its derivative instruments, or be ready for some potential downside.
200 Day MA 121.7182 | Short Percent 0.0261 | Short Ratio 3.67 | Shares Short Prior Month 4.9 M | 50 Day MA 126.6022 |
Zimmer Biomet Holdings Hype to Price Pattern
Investor biases related to Zimmer Biomet's public news can be used to forecast risks associated with an investment in Zimmer. The trend in average sentiment can be used to explain how an investor holding Zimmer can time the market purely based on public headlines and social activities around Zimmer Biomet Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Zimmer Biomet's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Zimmer Biomet.
Zimmer Biomet Implied Volatility | 39.12 |
Zimmer Biomet's implied volatility exposes the market's sentiment of Zimmer Biomet Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zimmer Biomet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Zimmer Biomet stock will not fluctuate a lot when Zimmer Biomet's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Zimmer Biomet. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Zimmer Biomet to buy its stock at a price that has no basis in reality. In that case, they are not buying Zimmer because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Zimmer Biomet after-hype prediction price | USD 122.11 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Zimmer contract
Based on the Rule 16, the options market is currently suggesting that Zimmer Biomet Holdings will have an average daily up or down price movement of about 2.45% per day over the life of the 2024-04-19 option contract. With Zimmer Biomet trading at USD 122.07, that is roughly USD 2.98 . If you think that the market is fully incorporating Zimmer Biomet's daily price movement you should consider acquiring Zimmer Biomet Holdings options at the current volatility level of 39.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Zimmer |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zimmer Biomet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zimmer Biomet After-Hype Price Prediction Density Analysis
As far as predicting the price of Zimmer Biomet at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Zimmer Biomet or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Zimmer Biomet, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Zimmer Biomet Estimiated After-Hype Price Volatility
In the context of predicting Zimmer Biomet's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zimmer Biomet's historical news coverage. Zimmer Biomet's after-hype downside and upside margins for the prediction period are 120.78 and 123.44, respectively. We have considered Zimmer Biomet's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Zimmer Biomet is very steady at this time. Analysis and calculation of next after-hype price of Zimmer Biomet Holdings is based on 3 months time horizon.
Zimmer Biomet Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Zimmer Biomet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zimmer Biomet backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Zimmer Biomet, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.01 | 1.33 | 0.04 | 0.00 | 13 Events / Month | 5 Events / Month | In about 13 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
122.07 | 122.11 | 0.03 |
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Zimmer Biomet Hype Timeline
On the 17th of April 2024 Zimmer Biomet Holdings is traded for 122.07. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of 0.0. Zimmer is forecasted to increase in value after the next headline, with the price projected to jump to 122.11 or above. The average volatility of media hype impact on the company the price is about 32.52%. The price growth on the next news is projected to be 0.03%, whereas the daily expected return is at this time at -0.01%. The volatility of related hype on Zimmer Biomet is about 490.0%, with the expected price after the next announcement by competition of 122.07. The company reported the last year's revenue of 7.39 B. Total Income to common stockholders was 1.02 B with profit before taxes, overhead, and interest of 4.92 B. Considering the 90-day investment horizon the next forecasted press release will be in about 13 days. Check out Zimmer Biomet Basic Forecasting Models to cross-verify your projections.Zimmer Biomet Related Hype Analysis
Having access to credible news sources related to Zimmer Biomet's direct competition is more important than ever and may enhance your ability to predict Zimmer Biomet's future price movements. Getting to know how Zimmer Biomet's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Zimmer Biomet may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ENSG | The Ensign Group | (0.14) | 10 per month | 1.14 | (0.02) | 2.38 | (2.33) | 7.13 | |
| SEM | Select Medical Holdings | (0.1) | 8 per month | 1.44 | (0) | 2.43 | (2.34) | 12.75 | |
| EHC | Encompass Health Corp | 0.09 | 10 per month | 0.73 | 0.13 | 2.76 | (1.43) | 7.95 | |
| EHAB | Enhabit | 0.07 | 7 per month | 2.99 | (0.01) | 5.48 | (4.79) | 27.98 | |
| PNTG | Pennant Group | (0.05) | 10 per month | 1.57 | 0.16 | 3.45 | (3.21) | 13.54 | |
| NHC | National HealthCare | 1.64 | 12 per month | 0.00 | (0.11) | 2.18 | (2.67) | 7.84 | |
| CCEL | CryoCell International | 0.39 | 4 per month | 3.17 | 0.07 | 7.79 | (6.04) | 23.27 |
Zimmer Biomet Additional Predictive Modules
Most predictive techniques to examine Zimmer price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zimmer using various technical indicators. When you analyze Zimmer charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Zimmer Biomet Predictive Indicators
The successful prediction of Zimmer Biomet stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Zimmer Biomet Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Zimmer Biomet based on analysis of Zimmer Biomet hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Zimmer Biomet's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Zimmer Biomet's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.007711 | 0.007504 | 0.007872 | 0.0156 | Price To Sales Ratio | 3.8 | 3.86 | 3.45 | 4.51 |
Story Coverage note for Zimmer Biomet
The number of cover stories for Zimmer Biomet depends on current market conditions and Zimmer Biomet's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Zimmer Biomet is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Zimmer Biomet's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Zimmer Biomet Short Properties
Zimmer Biomet's future price predictability will typically decrease when Zimmer Biomet's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zimmer Biomet Holdings often depends not only on the future outlook of the potential Zimmer Biomet's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Zimmer Biomet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 209.7 M | |
| Cash And Short Term Investments | 415.8 M |
Check out Zimmer Biomet Basic Forecasting Models to cross-verify your projections. Note that the Zimmer Biomet Holdings information on this page should be used as a complementary analysis to other Zimmer Biomet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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Is Zimmer Biomet's industry 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 Zimmer Biomet. If investors know Zimmer 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 Zimmer Biomet 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 (0.16) | Dividend Share 0.96 | Earnings Share 4.89 | Revenue Per Share 35.43 | Quarterly Revenue Growth 0.063 |
The market value of Zimmer Biomet Holdings is measured differently than its book value, which is the value of Zimmer that is recorded on the company's balance sheet. Investors also form their own opinion of Zimmer Biomet's value that differs from its market value or its book value, called intrinsic value, which is Zimmer Biomet'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 Zimmer Biomet's market value can be influenced by many factors that don't directly affect Zimmer Biomet'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 Zimmer Biomet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zimmer Biomet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zimmer Biomet'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.