Zimmer biomet holdings inc ZBH.US Swing Trading Analysis
US StockHealth Care
ZBH Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates ZBH with a higher swing trading score of 4.
- It is mainly due to the relatively low short-term volatility,along with the relatively low stock price.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 36 trades with a 47.22% win rate and an average profit/loss of 2.95%.
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
- 10.15%
- Cumulative Return
- 0.55%
- Annual Return
- 19.98%
- Volatility
- 0.03
- 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 October, 2024. (Total Trades: 134)
| ZBH | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 46% | 39% | 43% |
| Avg Return | 0.3% | 3.4% | 2.3% |
| Avg Profit | 5.1% | 23.8% | 14.7% |
| Avg Loss | -3.9% | -10% | -7.3% |
| Avg Risk-Reward Ratio | 129.4% | 238.6% | 202.5% |
Update to 2024/10/21 (Daily Update)