Zurn Elkay Water Stock Price on March 7, 2024
| ZWS Stock | USD 31.31 0.23 0.74% |
Below is the normalized historical share price chart for Zurn Elkay Water extending back to March 29, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zurn Elkay stands at 31.31, as last reported on the 3rd of June, with the highest price reaching 31.33 and the lowest price hitting 30.78 during the day.
If you're considering investing in Zurn Stock, it is important to understand the factors that can impact its price. We consider Zurn Elkay very steady. Zurn Elkay Water shows Sharpe Ratio of 0.0079, which attests that the company had a 0.0079% return per unit of risk over the last 3 months. We have found thirty technical indicators for Zurn Elkay Water, which you can use to evaluate the volatility of the company. Please check out Zurn Elkay's Mean Deviation of 1.06, downside deviation of 1.43, and Market Risk Adjusted Performance of 0.0124 to validate if the risk estimate we provide is consistent with the expected return of 0.0101%.
At this time, Zurn Elkay's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 180.9 M in 2024, whereas Common Stock is likely to drop slightly above 1.1 M in 2024. . At this time, Zurn Elkay's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 2.60 in 2024, whereas Price Book Value Ratio is likely to drop 1.76 in 2024. Zurn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of March 2012 | 200 Day MA 29.932 | 50 Day MA 32.0962 | Beta 1.032 |
Zurn |
Sharpe Ratio = 0.0079
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZWS |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zurn Elkay 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 Zurn Elkay by adding Zurn Elkay to a well-diversified portfolio.
Price Book 3.4469 | Enterprise Value Ebitda 21.7101 | Price Sales 3.6097 | Shares Float 144.5 M | Dividend Share 0.3 |
Zurn Elkay Main Headline on 7th of March 2024
Zurn Elkay Water dividend paid on 7th of March 2024 |
Zurn Elkay Valuation on March 7, 2024
It is possible to determine the worth of Zurn Elkay on a given historical date. On March 7, 2024 Zurn was worth 31.57 at the beginning of the trading date compared to the closed value of 31.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zurn Elkay stock. Still, in general, we apply an absolute valuation method to find Zurn Elkay'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 Zurn Elkay where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zurn Elkay's related companies.
| Open | High | Low | Close | Volume | |
| 31.60 | 31.76 | 31.18 | 31.32 | 740,700 | |
03/07/2024 | 31.57 | 32.14 | 31.55 | 31.95 | 643,000 |
| 32.35 | 32.53 | 31.84 | 31.89 | 841,400 |
| Backtest Zurn Elkay | | | Zurn Elkay History | | | Zurn Elkay Valuation | Previous | Next |
Zurn Elkay Trading Date Momentum on March 7, 2024
| On March 08 2024 Zurn Elkay Water was traded for 31.89 at the closing time. Highest Zurn Elkay's price during the trading hours was 32.53 and the lowest price during the day was 31.84 . The net volume was 841.4 K. The overall trading history on the 8th of March contributed to the next trading period price depreciation. The trading date delta to the next next day price was 0.19% . The trading date delta to current price is 1.31% . |
Zurn Elkay Water Fundamentals Correlations and Trends
By evaluating Zurn Elkay'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 Zurn Elkay's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zurn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zurn Elkay Stock history
Zurn Elkay 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 Zurn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zurn Elkay Water 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 Zurn Elkay stock prices may prove useful in developing a viable investing in Zurn Elkay
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 172.3 M | 180.9 M | |
| Net Income Applicable To Common Shares | 71 M | 100 M |
Zurn Elkay Quarterly Net Working Capital |
|
Zurn Elkay Stock Technical Analysis
Zurn Elkay 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
Zurn Elkay Period Price Range
Low | March 7, 2024
| High |
31.57 | 31.95 |
Zurn Elkay June 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Zurn Elkay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zurn Elkay shares will generate the highest return on investment. By undertsting and applying Zurn Elkay stock market strength indicators, traders can identify Zurn Elkay Water entry and exit signals to maximize returns
| Accumulation Distribution | 11803.67 | |||
| Daily Balance Of Power | 0.6441 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 31.85 | |||
| Day Typical Price | 31.88 | |||
| Price Action Indicator | 0.29 | |||
| Period Momentum Indicator | (0.64) | |||
| Relative Strength Index | 43.71 |
Zurn Elkay Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zurn Elkay's price direction in advance. Along with the technical and fundamental analysis of Zurn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zurn 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 | 0.0118 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0024 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zurn Elkay Water. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Zurn Stock analysis
When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Is Zurn Elkay'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 Zurn Elkay. If investors know Zurn 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 Zurn Elkay 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 0.483 | Dividend Share 0.3 | Earnings Share 0.65 | Revenue Per Share 8.836 | Quarterly Revenue Growth 0.005 |
The market value of Zurn Elkay Water is measured differently than its book value, which is the value of Zurn that is recorded on the company's balance sheet. Investors also form their own opinion of Zurn Elkay's value that differs from its market value or its book value, called intrinsic value, which is Zurn Elkay'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 Zurn Elkay's market value can be influenced by many factors that don't directly affect Zurn Elkay'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 Zurn Elkay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zurn Elkay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zurn Elkay'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.