Zimmer biomet holdings inc
US StockHealth Care
ZBH Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates ZBH with the highest swing trading score of 5.
- It is mainly due to the positive AI swing signal,along with the relatively low short-term volatility.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 30 trades with a 56.67% win rate and an average profit/loss of 3.1%.
ZBH Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
ZBH Swing Trading Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
Entry
Exit
The Backtest Result of ZBH from 2007/01 till Now
- 73.17%
- Cumulative Return
- 3.30%
- Annual Return
- 22.45%
- Volatility
- 0.15
- Sharpe Ratio
Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to December, 2023. (Total Trades: 82)
| ZBH | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 39% | 37% | 40% |
| Avg Return | 1.2% | 1.2% | 2.6% |
| Avg Profit | 11.1% | 19.5% | 17.8% |
| Avg Loss | -5.2% | -9.6% | -7.6% |
| Avg Risk-Reward Ratio | 212.6% | 202.8% | 235.6% |
Update to 2023/12/8 (Monthly Update)